Calling it “a huge step backward,” Rhone Resch, president and CEO of the Solar Energy Industries Association (SEIA), said President Obama’s 2015 fiscal year budget, which was unveiled today, would severely damage the U.S. solar industry by eliminating the Investment Tax Credit (ITC) and replacing it with a refundable Production Tax Credit (PTC) at the end of 2016.
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A developer of wind and solar energy facilities will build a 900-acre generating station on grazing land about 2 miles southeast of Pueblo. Going into operation in summer 2016, the Comanche Solar project, near Xcel’s Comanche substation, would be Colorado’s largest solar farm and one of the biggest in the nation.
Continuing its explosive growth, the U.S. solar industry had a record-shattering year in 2013.
Last week President Obama and Canadian Prime Minister Stephen Harper visited Mexico for what’s traditionally called the “Three Amigos” meeting. In the daylong rendezvous, energy issues were slated to play a major role, with Obama and Harper jockeying for room when it comes to the impending decision on the controversial Keystone XL pipeline that would bring dirty crude oil down from Canada to refineries on the Gulf Coast.
Most of the attention may be focused on domestic oil and gas production, but it could be solar power that really helps the United States on its path to energy independence.
Battle lines are being drawn over whether Ohio should scrap its renewable energy standard, which requires power companies to generate a portion of their electricity from renewable sources such as solar and wind.
Apple’s massive solar panel and fuel cell farm are now live and providing clean power for its huge data center in Maiden, North Carolina. By the end of the year 60 percent of the power for the data center will come from these sources.
Solar power will be the second- biggest source of generating capacity added to the U.S. electric grid this year, according to Sharp Corp. (6753)’s Recurrent Energy unit.
The News & Observer
If the General Assembly wants to establish itself as the most business unfriendly, anti-jobs and anti-growth legislature in the nation, it will pass the recently filed bill oxymoronically titled the “Affordable and Reliable Energy Act.”