This legislation addresses the current oversupply of N.J. solar renewable energy credits (SRECs), brings stability back to the N.J. solar market, and keeps the N.J. solar industry growing over the next several years.
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Having just completed analysis of several theories that when combined produce what I call the “Optimized Sustainment Model (OSM),” I want to share part of the story that is combined with the news of the day to complement it. The world is searching for sustainable economies, alternatives to capitalism or a dramatic revision.
The New York Times
You don’t have to be a climate scientist these days to know that the climate has problems. You just have to step outside.
Federal financial support of renewable energy has taken a whole lot of heat in the months since Solyndra went bankrupt. Opponents of federal policy have claimed that solar grants and subsidies increase the federal deficit while doing little to promote new sources of energy.
The Kansas City Star
There's a lively debate under way about the Department of Energy's loan guarantees to American companies that are developing advanced renewable energy technologies. Unfortunately, many opponents are generating heat but are not properly representing the facts around the DOE program's strong success.
On Tuesday this week, I officially began my term as Board Chair for the Solar Energy Industry Association (SEIA). Established in 1974, SEIA represents the entire solar industry in the U.S. with over 1000 members that span manufacturing, installation, development, finance, service providers, and suppliers.
The U.S. solar market is shaping up to be significantly larger than anticipated and could end up installing nearly 3.3 GW of solar panels in 2012, a roughly 18 percent jump from the previous forecast of 2.8 GW, according to a report from GTM Research and Solar Energy Industries Association on Wednesday.
As New York considers legislation to incentivize solar installations, at least one manufacturer is looking to expand into the state. AllEarth Renewables, based in neighboring Vermont, announced plans today to partner with New York solar installers and grow its business.
Workers recently swarmed Francisca Guerva's two-family home, installing a state of the art array of solar panels.
The Wall Street Journal
Bank of America Corp. (BAC) said it will contribute $50 billion over the next 10 years to address climate change, the latest company to boost its investments toward environmental goals. (must be a WSJ subscriber)