Rhone Resch, president and CEO of the Solar Energy Industries Association, released the following statement in reaction to Senator Jeff Bingaman's (D-NM) proposal for a clean energy standard (CES).
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On Tuesday San Diego-based Borrego Solar Systems announced the completion of a 3.4 megawatt solar plant at Edwards Air Force base, which is located near Lancaster, California. The photovoltaic system consists of three single-axis tracking units mounted to the ground.
GE Energy Financial Services, part of General Electric (GE.N), said on Wednesday it bought a stake in a large U.S. solar power project for $100 million, bringing its investments in the sector to $1.4 billion in the last year.
Hundreds of start-ups are presenting advanced energy technologies at a Department of Energy conference this week. Their early-stage efforts are funded by a government grant program, called ARPA-e, but what happens next is a difficult question.
As governments around the world tinker over how best to support solar energy, a number of large corporations have thrown their weight behind the renewable resource. These moves could potentially shift the momentum driving the solar industry away from the public sector and onto private enterprise.