Following is a statement from Rhone Resch, president and CEO of the Solar Energy Industries Association (SEIA), on passage of the omnibus appropriations bill, which included a 5-year solar investment tax credit (ITC) extension.
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Trina Solar Ltd. says its State Key Laboratory of PV Science and Technology of China has set a new record for industrial high-efficiency p-type monocrystalline silicon (c-Si) solar cells. The record-breaking p-type mono-crystalline silicon solar cell was fabricated on a large-size industrial boron-doped Cz-Si substrate with an advanced Honey Plus process that integrated both front and back surface passivation. The 156 x 156 mm2 solar cell reached a total-area efficiency of 22.13%. This result has been independently confirmed by the Fraunhofer ISE CalLab in Germany.
BOSTON, Mass. (December 16, 2015) A five-year extension to the solar investment tax credit (ITC), which is currently included in the omnibus spending bill under consideration in Congress, would result in 25 gigawatts (GW) of additional solar capacity over the next five years – a 54 percent increase over a no-extension scenario. According to GTM Research, which today released preliminary updated state- and segment-level forecasts based on the current omnibus language, ITC extension will foster $40 billion in incremental investment in solar between 2016 and 2020.
Grupo Aeroportuario del Sureste, a privatized airport group in Mexico and operator of Cancun Airport and eight other airports in southeast Mexico, announced an agreement with SunPower for 36 megawatts of solar power to serve ASUR's operations in Mexico. ASUR will buy power generated by the solar power plant under a long-term power purchase agreement (PPA) with SunPower. SunPower expects to start construction on this 36-megawatt phase of a solar plant in Mexico in 2016.
Morgan Stanley subsidiary MS Solar Solutions committed $100 million to solar developer BlueWave Capital to build more than 25 megawatts of community solar in Massachusetts by the end of 2016. The backing from Morgan Stanley is the first major financing for BlueWave’s community solar projects in Massachusetts. If successful, the mission-driven solar developer expects to expand the portfolio to other states next year. BlueWave says it has more than 500 megawatts of solar projects in development, about one-tenth of which are in Massachusetts.
WASHINGTON, DC - Growing by 105 percent, New York had the seventh most new solar capacity added last year in the nation, according to the recently-released U.S. Solar Market Insight 2014 Year in Review. The state also maintained its Top 10 ranking in total installed capacity, finishing the year behind only New Jersey and Massachusetts among Northeastern states.
WASHINGTON, DC – Showing growth in all solar sectors, New Jersey had the sixth most new solar capacity added last year in the nation, according to the recently-released U.S. Solar Market Insight 2014 Year in Review. The state also maintained its Top 3 ranking in total installed capacity, finishing the year behind only California and Arizona.
Showing big gains in all solar sectors, Massachusetts had the fourth most new solar capacity added last year in the nation, according to the recently-released U.S. Solar Market Insight 2014 Year in Review, but finished No. 1 for the first time among Northeast states.
WASHINGTON, DC – Cashing in as one of the sunniest states in America, Nevada had the third most new solar capacity added last year in the nation, according to the recently-released U.S. Solar Market Insight 2014 Year in Review, but actually jumped to No. 1 in the Southwest.
WASHINGTON, DC - Proving that effective, forward-looking public policies can provide a big boost to a state’s economy, North Carolina had the second most new solar capacity added last year in the United States, according to the recently-released U.S. Solar Market Insight 2014 Year in Review, and now stands poised to become the first state in the South to have 1 gigawatt (GW) of installed solar.
Many veterans — ranging from privates to general officers — are returning from war with a commitment to securing our nation’s energy future and combating the impacts of climate change, writes Kevin Johnson, managing director of federal business development for Canadian Solar (USA), Inc.
TXU Energy and SunPower have partnered to create a new residential solar program, TXU Solar from SunPower.
Every week, The SEIA Solar Update includes top news stories covering the solar industry, major upcoming events, policy updates, and much more. This newsletter is open to SEIA Members and to the general public.
SunEdison announced that it has completed construction on New Hampshire's largest solar power plant, a 942 kilowatt (KW) DC solar power plant for the town of Peterborough. SunEdison will supply solar energy generated by this system to the town over the next 20 years, saving taxpayers an estimated $250,000 on energy. The Peterborough solar system is expected to generate more than 100 percent of the town's waste water treatment facility's electricity needs.