Coming on the heels of the Solar Energy Industries Association’s (SEIA) encouraging second-quarter industry report, the Solar Power Mid-Atlantic conference wrapped up this week to much applause. The first-ever Solar Power Mid-Atlantic drew hundreds of solar professionals from New Jersey, Delaware, Pennsylvania and Maryland to the Atlantic City Convention Center for two days of panels and talks on solar opportunities in the region.
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Calling it a win for both the economy and the environment, Rhone Resch, president and CEO of the Solar Energy Industries Association (SEIA), today applauded a decision by the University of California to significantly expand its use of solar energy. As part of an ambitious plan to become carbon-neutral by 2025, university officials this week signed an agreement to purchase the electricity generated by 80 megawatts (MW) of solar – approximately 200,000 MW hours annually.
Solar energy company SolarCity Corp. is planning to add a Baltimore-area location by the end of the year. SolarCity (NASDAQ: SCTY) announced the area location as part of an effort to open 20 new operations centers in seven states. The wave includes one other planned Maryland location, in Clarksburg.
Canadian Solar Inc. (CSIQ), the third-best performing solar panel maker in the past year, and the investment arm of China’s Sichuan province will create a 5 billion yuan ($810 million) fund to build solar projects. Sichuan Development Holding Co., Canadian Solar and third party investors will raise the funding, Guelph, Ontario-based Canadian Solar said today in a statement.
Construction has begun on a $1 billion solar power generating station in the Mojave Desert that officials say will produce enough electricity to power about 80,000 California homes when it is completed in 2016. Executives with Arizona-based First Solar and Florida-based NextEra Energy Resources put the cost of the 250-megawatt project, dubbed Silver State South, at $1 billion during a Wednesday ceremony with federal Bureau of Land Management chief Neil Kornze.
In a setback to the regulated utility model, the Iowa Supreme Court has ruled that a power purchase agreement (PPA) between the city of Dubuque and Eagle Point Solar does not violate state law. Regulated utility companies had fought the arrangement, claiming to have exclusive rights to sell to customers in their service areas. Today, Iowa’s high court disagreed.
Following the success of PV America last month in Boston, the Solar Energy Industries Association (SEIA) has announced a new, regional trade show. Solar Power Mid-Atlantic, co-sponsored by SEIA and the Solar Electric Power Association (SEPA) will take place in Atlantic City, New Jersey on Sept. 9 and 10, 2014 and will showcase 25 exhibitors along with a day and a half of educational programming.
A new independent study prepared for the Nevada Public Utilities Commission estimates that the grid benefits of rooftop solar systems installed in the state through 2016 will outweigh costs by more than $36 million, confirming that solar energy can provide real savings for both solar and non-solar customers alike.
WASHINGTON, DC – The Solar Energy Industries Association (SEIA) today announced it has joined Women in Solar Energy, a 501(c)3 nonprofit and membership organization dedicated to promoting the advancement of women in one of the fastest-growing industries in the country.
“SEIA takes great pride in being a founding corporate member of Women in Solar Energy,” said SEIA president and CEO Rhone Resch. “We recognize the great strides the solar industry has taken in terms of reaching out to women, and we look forward to continued progress.”
WASHINGTON, DC – Building on the progress of the White House’s Climate Action Plan, the Department of Energy (DOE) announced last week that it would make an additional $4 billion worth of loan guarantees available for renewable energy and energy efficient projects. Reacting to the news, Solar Energy Industries Association President and CEO Rhone Resch issued the following statement:
GM’s director of sustainability asks how we can frame up the needs and challenges for NGOs and corporate buyers, to ultimately make renewables more affordable for all companies
The 135-MW Quinto Solar Project, a solar photovoltaic (PV) plant under construction in California’s Central Valley, officially broke ground on July 29.
San Jose–based SunPower Corp. is building the plant in Los Banos, and will sell power from the facility to Southern California Edison under a 20-year power purchase agreement. The project is due for completion in late 2015.
SolarCity Corp. (SCTY), the first U.S. company to offer bonds backed by rooftop solar panels, raised $201.5 million in its third debt offering in eight months.
The senior notes were sold at an interest rate of 4.03 percent and were rated BBB+ by Standard & Poor’s, the third-lowest investment grade. The junior notes were sold at an interest rate of 5.45 percent and were rated BB, which is not investment grade. Both tranches mature in July 2022.
PV energy provider, SunEdison, has acquired a 156MW solar power plant in the US state of Colorado.
It's that time of year when many Americans are just returning from a summer vacation. During their travels, most of those vacationers probably passed by some of the many solar projects, large and small, being installed across the country. However, they probably didn't know that while they were on holiday, smart policies were at work speeding up deployment of solar projects. From PV farms to solar water heating systems, solar is having a record growth year and is creating stable, well-paying American jobs.
The end of a long winter and the welcomed start of spring bring the all-American sport back to life. The last season transitions to memory, baseball fans ponder the present condition of their teams and we all smile at the opportunity to go outside without a coat. Spring also brings another event, the release of SEIA's annual "U.S. Solar Year in Review".
Across the country, people will start tuning in today to see how well they've done filling out their brackets for the NCAA basketball tournament. When it comes to making their picks for energy, three out of four Americans have solar going all the way in their bracket.
What is apparent during the time we've been here in Copenhagen representing the U.S. solar industry is that the renewable energy industry has become a force in the climate debate. No longer are we relying on the environmental community to carry our message (which they have done well in the past).
Earlier today, I attended a briefing by U.S. Energy Secretary Steven Chu in which he announced a new initiative that the administration is launching to expand clean energy technologies in developing countries. This program is a great sign of leadership by the administration given how vocal developing countries have been here at COP15.