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.
WASHINGTON, DC - Rhone Resch, president and CEO of the Solar Energy Industries Association (SEIA), released the following statement today in support of efforts by U.S. Trade Representative Michael Froman to eliminate tariffs on environmental goods:
WASHINGTON, DC – Did you know that solar energy in the United States is now generating enough electricity to power 2 million American homes, including the White House? Or that the payback on installing a home heating and cooling system (SHC) can be as little as four years? Would you be surprised to learn leading blue chip companies like Walmart, Apple, Costco, Kohl’s and IKEA are saving big bucks by installing rooftop solar? Or that just one utility-scale solar facility can power 170,000 homes?
WASHINGTON, DC – Saying “solar makes sense,” leading businesses and environmental groups will join hundreds of thousands of people across the United States and around the world in support of the Solar Energy Industries Association’s (SEIA) National “Shout Out For Solar” Day – set for Friday and taking place on Facebook, Twitter and other social media platforms.
Supported by both business and environmental groups, hundreds of thousands of people from across the United States and around the world are expected to take part in the Solar Energy Industries Association’s (SEIA) National “Shout Out For Solar” Day – set for Friday, January 24, and taking place on Facebook, Twitter and other social media venues.
Once all its costs are accounted for, the price of commercial solar power has pulled even with retail electricity rates in Italy and Germany, according to a new report.
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A new state law encouraging the growth of alternative energy sources has spurred several proposals to create solar power “gardens” in Minnesota, the St. Paul Pioneer Press reports. The law, which was enacted last year, allows independent businesses and groups to set up arrays of solar panels and then sell the power directly to local customers. Such arrangements would allow consumers to purchase solar power without having to install solar panels on their homes.
Nevada is being called a leader in renewable energy. And lawmakers say that's good for taxpayers.
Despite all the excitement surrounding solar energy over the last couple of decades, the technology has yet to go mainstream. However, that is slowly starting to change. Perhaps the biggest reason for the slow spread of solar energy has been the high cost associated with converting a household to take advantage of solar energy.
Distributed generation in the form of wind, landfill gas, and cogeneration got a mention, but solar by far is attracting the most attention from cooperatives and legislators, a panel of experts told the co-op crowd. The panelists also informed co-ops that distributed generation is coming. They were told that it is best to get in front of it and that co-ops should develop their own DG projects.