First Wind Holdings Inc., the renewable-energy developer being acquired by SunEdison Inc. (SUNE), received approval to sell power from five proposed solar projects in Idaho. The projects in southern Idaho’s Ada, Elmore, Owyhee and Power counties are expected to be complete in 2016, Boston-based First Wind said today in a statement. They will have 20 megawatts of capacity each and have 20-year contracts to deliver electricity to Idaho Power Co.
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Canadian Solar Inc., one of the world's largest solar power companies, today announced that its wholly owned subsidiary, Canadian Solar Solutions Inc., completed the sale of SparkleLight, a 10 megawatt (MW) AC solar power plant to a subsidiary of BluEarth Renewables Inc. SparkleLight, located in Beavertown, Ontario, is the third of four planned solar power plants being acquired by BluEarth from Canadian Solar. The facility is valued at approximately C$66 million (USD$57 million) and uses Canadian Solar's CS6X-300/305P modules made in Canada.
WASHINGTON, DC - Signaling the growing importance of solar energy to America’s future, the widely read and cited annual “State of American Energy Report” – released today by the American Petroleum Institute (API) – includes, for the first time ever, a comprehensive section on the rapid growth of the U.S. solar energy industry and its impact on our nation’s economy and environment.
With the addition of another major solar power plant supplying clean, renewable energy to America’s sunniest state, Nevada was second in the nation in added solar capacity during Q3, according to GTM Research and the Solar Energy Industries Association’s (SEIA) most recent U.S. Solar Market Insight® quarterly report. The Copper Mountain 3 project added 171.4 megawatts (MW) to Nevada’s solar portfolio.
A new growth industry is emerging in Utah, where residential solar installations in Q3 alone were equal to the amount installed in all last year. In addition, added solar capacity in Q3 was more than six times the capacity installed over Q3 2013, according to GTM Research and the Solar Energy Industries Association’s (SEIA) most recent U.S. Solar Market Insight® quarterly report.
In a move expected to spur solar heating and cooling (SHC) deployment across the state, the Massachusetts Legislature has approved SB 2214 and sent it to Governor Deval Patrick for his signature. This important legislation will allow renewable thermal technologies, including SHC, to be eligible for alternative energy credits under the Massachusetts Alternative Portfolio Standard (APS).
With two days left in the legislative session, National Grid, the Solar Energy Industries Association (SEIA), the Solar Energy Business Association of New England (SEBANE), the New England Clean Energy Council (NECEC), the Massachusetts Municipal Association (MMA) and Environment Massachusetts are asking the House Ways and Means Committee to quickly release consensus language on House Bill 4185, a landmark compromise that provides a stable and cost-effective policy solution to support solar energy in Massachusetts. Last week, this broad coalition of stakeholders agreed upon language that
Taking part in a national “listening tour” conducted by the Environment Protection Agency (EPA), the Solar Energy Industries Association (SEIA) today urged states to turn to solar energy to help meet new carbon pollution targets.
In a move condemned by many solar companies in Arizona, the state’s largest utility, APS, has announced that it will begin installing rooftop solar on customers’ homes. After learning of the news, Ken Johnson, vice president of communications for the Solar Energy Industries Association (SEIA), issued the following statement:
In testimony on Capitol Hill, the Solar Energy Industries Association (SEIA) today supported reforms of the permitting process for energy production on federal lands.
GM’s director of sustainability asks how we can frame up the needs and challenges for NGOs and corporate buyers, to ultimately make renewables more affordable for all companies
The 135-MW Quinto Solar Project, a solar photovoltaic (PV) plant under construction in California’s Central Valley, officially broke ground on July 29.
San Jose–based SunPower Corp. is building the plant in Los Banos, and will sell power from the facility to Southern California Edison under a 20-year power purchase agreement. The project is due for completion in late 2015.
SolarCity Corp. (SCTY), the first U.S. company to offer bonds backed by rooftop solar panels, raised $201.5 million in its third debt offering in eight months.
The senior notes were sold at an interest rate of 4.03 percent and were rated BBB+ by Standard & Poor’s, the third-lowest investment grade. The junior notes were sold at an interest rate of 5.45 percent and were rated BB, which is not investment grade. Both tranches mature in July 2022.
PV energy provider, SunEdison, has acquired a 156MW solar power plant in the US state of Colorado.