BlueWave Capital is teaming up with Vivint Solar to better sell Massachusetts customers on the power of the sun.
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SEIA is the solar energy industry’s go-to source for the latest coverage on solar power, including U.S. and international policy, research and polls, business and financing trends, and more. Our staff strives to support the media covering solar energy issues and guide our members on effective media outreach with clear statements, background materials, news and multimedia resources.
SEIA is committed to informing policymakers, the media, and the American public about the benefits of solar energy for today’s communities, our economy, and our country.
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Clean Power Finance Inc. completed its merger with fellow Kleiner Perkins Caufield & Byers-backed solar financing company Kilowatt Financial LLC in a bid to simplify the borrowing process for consumers seeking to make their homes more energy efficient.
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.
Norway-based Scatec Solar ASA said it has commissioned its 104 MW solar PV plant in Parowan, Utah, more than doubling the state’s installed PV capacity.
The renewable energy unit of Italy’s biggest utility company, Enel Green Power (EGP) has announced that it has begun construction on a 254 MW solar farm in Brazil’s Bahia state.
In a key decision that will make clean energy more affordable and accessible to even more people across the state, the New York Public Service Commission (PSC) has announced new rules allowing for community net metering (CNM). The PSC’s innovative Shared Renewables Program, which will be launched later this year, is expected to especially benefit low and moderate-income families in New York.
As a tool for investors, financiers, project developers and others, the Solar Energy Industries Association (SEIA) and CohnReznick, a leading national accounting, tax and advisory firm, today released a guide to the valuation of solar projects for financial reporting purposes. The publication features best practices in “an increasingly complex solar marketplace” and follows up on a 2014 publication by the two organizations on fair market value methodologies in the solar industry.
In a precedent-setting decision, the Tenth Circuit Court of Appeals has upheld the constitutionality of Colorado’s renewable portfolio standard (RPS), ruling that the state’s RPS does not impose unlawful regulations on out-of-state companies.
Calling it a “win-win” that will benefit both the economy and environment, the Solar Energy Industries Association (SEIA) has announced its strong support for HR 3001 – legislation introduced in Congress by Rep. Peter Welch (D-VT) that will allow the General Services Administration (GSA) to enter into 30-year renewable energy power purchase agreements (PPA). The GSA is an independent agency which manages and supports the basic functioning of the federal government, including procurement. Under current law, only the U.S. military can enter into power purchase agreements for longer than 10 years. Earlier this year, Sen. Mazie Hirono (D-HI) introduced similar legislation.
As a way to quickly access extensive research on the value of solar and renewable energy – from economic and environmental benefits to both consumers and businesses, to grid efficiencies and savings – the Solar Energy Industries Association (SEIA) has created a new resources page on its website.
Sonnenbatterie has rolled out its plug-and-play home battery system in the U.S. ahead of Christmas, beating Tesla to the punch in what is expected to be a competitive market in 2016. Sonnenbatterie manufacturers its storage devices in San Jose, California, and has secured supply contracts with 30 dealers across the U.S. Demand for the battery is already strong, with a Sonnenbatterie spokesperson telling PV Magazine’s German-language website that around 1,000 products have already been ordered.
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.
With a total of only 1,231 square miles, Rhode Island is the smallest state in America. But in a short period of time, the state is starting to have a big impact on the development of renewable energy resources nationwide. Wind and solar power have economic benefits that reach far and wide. They have become increasingly affordable, attracting billions in private development, and today are both mainstream and reliable energy sources across America.
While Americans know wind and solar energy are clean, they often aren't aware of the economic success story behind these renewable-energy technologies. Wind and solar power have economic benefits that reach far and wide. They have become increasingly affordable, attracting billions in private development, and today are both mainstream and reliable energy sources across America.
While battles rage with utilities taking on both solar customers and businesses around the country, Vermont has quietly expanded its net metering program by nearly four times its original size without so much as a skirmish.
While Americans know wind and solar energy is clean, they often aren’t aware of the economic success story behind these renewable energy technologies. Wind and solar power have economic benefits that reach far and wide.
As the SHC Alliance celebrates its 1-year anniversary this March, I wanted to take a moment and reflect on our achievements in 2013, and let you know about the exciting opportunities, as well as the collective challenges, our industry faces going forward.
The latest report released by SEIA/GTM, the Solar Market Insight Year in Review 2013, shows solar expanded rapidly last year to nearly 13 GW of installations in the U.S. – enough to power nearly 2.2 million homes. Watch our new video!
What would Alexandre Edmond Becquerel be thinking now? In 1839, at the age of just 19, Becquerel built the world’s first photovoltaic panel, later inspiring the imaginations of millions of people worldwide, including legendary scientist Albert Einstein. Still, it took another 115 years before Bell Labs invented the first modern silicon solar cell. By comparison, it’s no stretch to say that the solar timeline has rocketed forward at warp speed in recent years.
Enjoy a special sneak peak of the hotly-anticipated U.S. Solar Market Insight 2013 Year in Review report - to be released tomorrow.
With the coldest winter in two decades gripping much of the country this year – and wild price swings for natural gas rattling the markets, not to mention American consumers – it’s easy for many people to overlook the “hot start” in 2014 for solar energy.
But so far this year, it’s been good news followed by even more good news for the U.S. solar industry.