Cutting costs has been the key to solar’s rapid expansion this decade. The lion’s share of cost reductions in the solar industry has come from reductions in module prices. The U.S. $4 per watt you’d have paid in 2006 for modules alone gets you the entire residential solar system installed today, writes Andrew Savage, chief strategy officer of AllEarth Renewables and board member of the Solar Energy Industries Association (SEIA).
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Calling it a huge incentive tied to Texas jobs and economic prosperity, James D. Steffes, CEO of Circular Energy, included his signature on a letter to Texas Senator John Cornyn concerning extending the 30% Investment Tax Credit (ITC) for commercial and residential solar users.
What’s happening in the heartland of America is going almost unnoticed. But it shouldn’t. Solar is beginning to grow like a prairie fire across the Midwest. In a wide area stretching from Missouri to Ohio, the heavily traveled Interstate 70 corridor, solar is beginning to catch on in a big way. Missouri, Illinois, Indiana and Ohio have a combined total of nearly 400 megawatts (MW) of installed solar capacity — enough to power about 80,000 homes.
As part of Joining Forces, an initiative launched by First Lady Michelle Obama and Dr. Jill Biden to rally support for U.S. service members, veterans and their families, the Solar Energy Industries Association (SEIA) today committed to having 50,000 veterans working in solar by 2020. The First Lady shared the news at an event this afternoon in Manassas, Virginia, which was part of a commitment made by several high-growth sectors of the U.S. economy, including solar.
In celebration of today’s 45th annual Earth Day, the Solar Energy Industries Association (SEIA) plans to mark the historic occasion every 2.5 minutes of every hour of the day, as a new solar installation is completed in America. What’s more, new figures from the U.S. Solar Market Insight 2014 Year in Review show a record amount of new, clean solar energy coming online over the next 20 months, greatly benefitting the environment.
Rhone Resch, president and CEO of the Solar Energy Industries Association (SEIA), released the following statement today after the announcement that Congresswoman Gabrielle Giffords (D-AZ 8) would resign from Congress this week.
The Solar Energy Industries Association (SEIA), the national trade association for the solar energy industry, announced today that it has officially merged with the Solar Alliance, an advocacy organization committed to establishing solar policies at the state level. Effective immediately, the Solar Alliance will operate under the SEIA brand in an effort to present a unified solar industry voice in all advocacy efforts at the state level. Carrie Cullen Hitt, president of the Solar Alliance, is now Vice President for State Affairs at SEIA, and the Solar Alliance team joins Hitt as part of SEIA’s new department for State Affairs.
SEIA Praises Secretary Salazar, Obama Administration for Continued Work to Develop Solar Energy Projects on Public Land
Rhone Resch, president and CEO of the Solar Energy Industries Association (SEIA), released the following statement today on the progress of the Obama Administration, and Secretary of the Interior Ken Salazar in particular, in developing utility-scale solar energy projects on public lands this year.
U.S. Solar Energy Industry Sets Record for Installations, Achieves 140 Percent Annual Growth in Best Quarter Ever
The U.S. solar energy industry achieved a new record for installations and growth in the third quarter of 2011 thanks to utility-scale project completions, a strong residential market, effective policies and the plummeting price of solar panels, according to a report released today by GTM Research and the Solar Energy Industries Association (SEIA).
The Solar Energy Industries Association (SEIA(R)) and the Maryland, DC and Virginia SEIA (MDV-SEIA) today announced a formalized partnership to coordinate the resources of both organizations and promote the growth of the region’s solar energy market.
The era of Big Solar has arrived, and at the moment there are none bigger than Ivanpah. Now, Ivanpah records another milestone: The first renewable plant to receive POWER’s Plant of the Year Award. Comprising three self-contained units with a total capacity of 392 MW (377 MW net), Ivanpah is a joint effort between BrightSource Energy, NRG Energy (through its subsidiary NRG Renew, formerly NRG Solar), Google, and Bechtel.
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.