With a growing commitment to renewable energy, Illinois now ranks third in the nation in the number of K-12 schools that have turned to solar energy to power their classrooms, save money and help the environment, according to a newly released nationwide study.
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Vivint Solar, the rooftop power producer owned by Blackstone Group LP, is seeking to raise as much as $371 million from its initial public offering.
Vivint Solar plans to offer 20.6 million shares at $16 to $18 each, according to a filing today with the U.S. Securities and Exchange Commission. Goldman Sachs Group Inc., Bank of America Corp. and Credit Suisse Group AG are leading the deal.
About half the loan guarantees announced Thursday are designated for FLS Energy in Asheville, which is developing more than 40 megawatts of solar energy at numerous facilities in the state.
If Messrs. Musk and Rive can achieve their shared vision, the result will be a transformation of the world's, or at least America's, energy infrastructure. The companies the two men run— Tesla Motors Inc. and solar energy system provider SolarCity Corp. —are uniquely compatible.
WASHINGTON, DC – In a report card deserving of the honor roll, a comprehensive, first-of-its-kind new study released today says America’s K-12 schools have shown explosive growth in their use of solar energy over the last decade, soaring from 303 kilowatts (kW) of installed capacity to 457,000 kW, while reducing carbon emissions by 442,799 metric tons annually – the equivalent of saving 50 million gallons of gasoline a year or taking nearly 100,000 cars off U.S. highways.
Rhone Resch, president and CEO of the Solar Energy Industries Association (SEIA), urged Congress to expedite legislation which would provide long-term reauthorization for the U.S. Export-Import Bank (Ex-Im).
Coming on the heels of the Solar Energy Industries Association’s (SEIA) encouraging second-quarter industry report, the Solar Power Mid-Atlantic conference wrapped up this week to much applause. The first-ever Solar Power Mid-Atlantic drew hundreds of solar professionals from New Jersey, Delaware, Pennsylvania and Maryland to the Atlantic City Convention Center for two days of panels and talks on solar opportunities in the region.
Calling it a win for both the economy and the environment, Rhone Resch, president and CEO of the Solar Energy Industries Association (SEIA), today applauded a decision by the University of California to significantly expand its use of solar energy. As part of an ambitious plan to become carbon-neutral by 2025, university officials this week signed an agreement to purchase the electricity generated by 80 megawatts (MW) of solar – approximately 200,000 MW hours annually.
The United States’ solar market hit a major milestone in the second quarter of this year, with more than half a million homes and businesses now generating solar energy. According to GTM Research and the Solar Energy Industries Association’s (SEIA) Q2 2014 U.S. Solar Market Insight Report, the U.S. installed 1,133 megawatts (MW) of solar photovoltaics (PV) in the second quarter of this year.
On October 20 and 21, Solar Power International, the solar industry’s most powerful, comprehensive educational conference and product exhibition, will offer its first-ever dedicated symposium on the solar heating and cooling (SHC) sector.
Canadian Solar Inc. (CSIQ), the third-best performing solar panel maker in the past year, and the investment arm of China’s Sichuan province will create a 5 billion yuan ($810 million) fund to build solar projects. Sichuan Development Holding Co., Canadian Solar and third party investors will raise the funding, Guelph, Ontario-based Canadian Solar said today in a statement.
Construction has begun on a $1 billion solar power generating station in the Mojave Desert that officials say will produce enough electricity to power about 80,000 California homes when it is completed in 2016. Executives with Arizona-based First Solar and Florida-based NextEra Energy Resources put the cost of the 250-megawatt project, dubbed Silver State South, at $1 billion during a Wednesday ceremony with federal Bureau of Land Management chief Neil Kornze.
REG-Scatec Solar and Norfund Sign Partnership Agreement to Develop and Invest in Solar Power Projects in Developing Countries
Scatec Solar, the integrated independent solar power producer, has signed a partnership agreement with Norfund, the Norwegian Investment Fund for Developing Countries, to jointly invest in solar power projects to be developed in all countries within Norfund's mandate.
Instead of using energy generated by coal-fired power plants, the solar farm will avoid about 2.1 million pounds of carbon pollution each year.
"Literally everybody benefits and I think in the long run even the utilities benefit because this just takes a bit out of their revenue stream,” said Barry Shear, President of Eagle Point Solar.
Solar energy start-ups that have taken root in the Washington region in recent years are maturing into bona fide businesses, buoyed in part by economic forces and government policies that have made renewable energy more attractive to consumers.
Standard Solar was founded in Maryland 10 years ago, and its first residential customer was the head of the Solar Energy Industries Association. It has since installed systems on nearly 1,200 more homes of individuals without existing ties to the industry.
With a total of only 1,231 square miles, Rhode Island is the smallest state in America. But in a short period of time, the state is starting to have a big impact on the development of renewable energy resources nationwide. Wind and solar power have economic benefits that reach far and wide. They have become increasingly affordable, attracting billions in private development, and today are both mainstream and reliable energy sources across America.
While Americans know wind and solar energy are clean, they often aren't aware of the economic success story behind these renewable-energy technologies. Wind and solar power have economic benefits that reach far and wide. They have become increasingly affordable, attracting billions in private development, and today are both mainstream and reliable energy sources across America.
While battles rage with utilities taking on both solar customers and businesses around the country, Vermont has quietly expanded its net metering program by nearly four times its original size without so much as a skirmish.
While Americans know wind and solar energy is clean, they often aren’t aware of the economic success story behind these renewable energy technologies. Wind and solar power have economic benefits that reach far and wide.
As the SHC Alliance celebrates its 1-year anniversary this March, I wanted to take a moment and reflect on our achievements in 2013, and let you know about the exciting opportunities, as well as the collective challenges, our industry faces going forward.
The latest report released by SEIA/GTM, the Solar Market Insight Year in Review 2013, shows solar expanded rapidly last year to nearly 13 GW of installations in the U.S. – enough to power nearly 2.2 million homes. Watch our new video!
What would Alexandre Edmond Becquerel be thinking now? In 1839, at the age of just 19, Becquerel built the world’s first photovoltaic panel, later inspiring the imaginations of millions of people worldwide, including legendary scientist Albert Einstein. Still, it took another 115 years before Bell Labs invented the first modern silicon solar cell. By comparison, it’s no stretch to say that the solar timeline has rocketed forward at warp speed in recent years.
Enjoy a special sneak peak of the hotly-anticipated U.S. Solar Market Insight 2013 Year in Review report - to be released tomorrow.
With the coldest winter in two decades gripping much of the country this year – and wild price swings for natural gas rattling the markets, not to mention American consumers – it’s easy for many people to overlook the “hot start” in 2014 for solar energy.
But so far this year, it’s been good news followed by even more good news for the U.S. solar industry.