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), released the following statement today after an announcement by Walmart that it is dramatically increasing its use of renewable energy:
WASHINGTON, DC -- Calling for “stable, reliable, well-structured tax policy,” the Solar Energy Industries Association (SEIA) has weighed into the tax reform debate by offering extensive insight and comments to the House Ways and Means Committee, which is tasked with overhauling the federal tax code.
WASHINGTON, DC – For the first time, solar energy accounted for all new utility electricity generation capacity added to the U.S. grid last month, according to the Federal Energy Regulatory Commission’s (FERC’s) March 2013 “Energy Infrastructure Update.” More than 44 megawatts (MW) of solar electric capacity was brought online from seven projects in California, Nevada, New Jersey, Hawaii, Arizona, and North Carolina. All other energy sources combined added no new generation.
Rhone Resch, president and CEO of the Solar Energy Industries Association, released the following statement today after Senate confirmation of Sally Jewell to replace Ken Salazar as United States Secretary of the Interior:
WASHINGTON, DC – Responding to President Obama's just-released Fiscal Year (FY) 2014 budget, Rhone Resch, president and CEO of the Solar Energy Industries Association (SEIA), said, “America's solar industry welcomes President Obama's continued support. We praise the President for emphasizing that a transition to sustainable energy sources is vital—and that the U.S. must lead it. Solar is the fastest-growing clean energy technology available today. It is not only powering our nation, it is an engine of economic growth. The number of U.S.
The road to bringing more distributed solar into the utility resource mix runs through long-term planners.
At Solar Power International in Chicago, you may have noticed that the solar industry consists of an amazing array of types and sizes of companies. At Solar Marketing Group, I am lucky to get to work with companies that run the gamut of the solar space and while these companies have their own unique needs, one thread connects us all: We all benefit from growing the amount of solar installed. The industry’s growth comes from a lot of different things, but all of these factors can be spurred or thwarted by political action (or inaction, as the case may be).
The mindbogglingly large number of people in the world–1.3 billion–without access to electricity is providing a growing market opportunity for a lot of social entrepreneurs. I just wrote about one, Nokero, selling solar-powered light bulbs.
US Senator for Colorado, Mark Udall and his cousin, Tom Udall, senator for New Mexico have teamed up to introduce legislation that would set renewable energy targets for utilities.
The legislation introduces the first national threshold, for utilities to purchase 25% of their energy from renewable resources by 2025.
A growing number of major corporations with operations around the world are harnessing energy from the sun to save on electricity bills. The Solar Energy Industries Association and Vote Solar recently released data showing some of the most iconic brands have gone solar in 2013.