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.
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.
SunPower Corp. (SPWR), the second-largest U.S. solar manufacturer, began a solar leasing program in the Australian city of Melbourne targeting residential rooftops.
SunPower will install solar panels for homeowners with no money down, the San Jose, California-based company said in a statement yesterday. Customers will receive power at a cost-competitive monthly rate for 25 years, the statement said.
Three new North Carolina utility-scale solar farms have begun producing power, racking up another 18.2 MW, equal to taking about 2,400 passenger vehicles off the road for the year. A significant portion of the investment responsible for the projects was managed by Washington, D.C.–based solar investment and financing firm, Sol Systems.
Rooftop solar panels, also known as photovoltaic (PV) systems, are the most common solar technology used for homes. Today, almost 450,000 homes and businesses have solar power systems, according to the Solar Energy Industries Association.
The Government of the People’s Republic of China (GOC) has this week requested its lawyers to issue a plea for more time in submitting a proposed suspension agreement in the ongoing solar trade dispute with the U.S.
SunEdison, Inc. (NYSE: SUNE) announced today that the Company's Board of Directors has appointed former Vice Chairman and Chief Financial Officer of The Procter & Gamble Company, Clayton C. Daley, Jr., as a new independent member of the Board and as a member of the Audit Committee. Mr. Daley's term is effective as of August 1, 2014.
The U.S. solar industry is booming. "U.S. [Residential] Installation Frequency Hits One Every Four Minutes," according to a recent article in PV-tech.org. That puts the US residential solar industry on track to install 128,000 systems in 2013, according to GTM Research (Q213). We have come a long way since 2007 when I sold the first residential solar power purchase agreement to a homeowner in Redwood City, CA.
When the U.S. Department of Energy held its first Solar Decathlon on the National Mall in 2002, Americans were growing nervous about energy issues for the first time in decades. Natural gas prices had skyrocketed, California had just recovered from rolling blackouts, and the events of 9/11 and our continued dependence on foreign energy sources were at the foreground in our minds.
Every day, I talk to groups and reporters about the amazing growth of solar all across the United States. But for the past week, there has been more buzz than ever about America’s solar industry because of the decision by President Obama to install solar panels on the White House.
Solar power is one of the cleanest, safest, and most abundant domestic energy sources available. In addition to helping power our homes, schools, and businesses, the U.S. solar industry strives to be a leader in sustainability among energy producers by ensuring environmental and social responsibility along the entire solar supply chain.
August 14, 2003, was a dark day in U.S. history – in a lot of different ways.
It started off as a quiet Thursday. Then a single tree limb in Ohio came crashing down, touching off a power outage which cascaded across eight states and parts of Canada, leaving 50 million Americans in the Northeast in the dark. Commuters were stranded. Businesses closed. People sweltered in the heat. And the U.S. economy took a huge beating, losing an estimated $10 billion.
I’m looking forward to speaking at Senator Reid’s National Clean Energy Summit next week in Las Vegas. I’ll be on the “21st Century Energy Market” panel where we’ll address what can be done to make the grid friendlier to renewables while ensuring long-term access to affordable and reliable electricity.
For the first time in decades, Congress appears serious about tackling the issue of comprehensive tax reform. But for the solar industry, there’s a real risk is that some members of Congress will try to eliminate all renewable energy tax credits in order to reduce corporate tax rates--and that could roll back the tremendous progress solar has made in recent years.
This week, the Solar Energy Industries Association joined other renewable energy advocates, businesses, and environmental groups to urge the Colorado Public Utilities Commission to reject a new proposal from Xcel Energy that would discourage net-metered solar energy growth in its territory.
Following months of behind-the-scenes maneuvering, it appears the Senate will begin debate soon on critically important legislation which could help American consumers, businesses and the federal government to save hundreds of millions of dollars each year by using less energy. And using less energy gives us a big leg up in the fight against climate change.
Like thick smog hanging stubbornly overhead, many of the arguments against President Obama's climate change policy are stagnant, potentially dangerous and pose a serious, long-term threat to America's future.