UPDATE 3-EU, China resolve solar dispute – their biggest trade row by far
California is among a dozen states that have excelled through political will and public policy at producing solar power and should be examples for others on how to shift to renewable energy, according to a report released Tuesday by the group Environment California. The Dazzling Dozen states account for only 28 percent of the U.S. population but 85 percent of the nations installed solar electricity capacity, concluded the study conducted by the Frontier Group and Environment America Research & Policy Center. The report found that California leads the nation in cumulative solar electric installations. It had the sixth highest cumulative capacity per resident and, along with states including Arizona, Colorado and New Jersey, possess strong policies that are enabling increasing numbers of homeowners, businesses, communities and utilities to `go solar, ” the report said. The report singled out New Jersey for its decision in 2004 to commit the state to generating 2.1% of its electricity from the sun by 2021. That state created a system in which utilities compensate homeowners and businesses for every unit of solar electricity they generate, the report said.
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Why Hawaii Just Became An Even Better Market For Solar
Winter Park now gets almost all its electricity at about the same price from the burning of natural gas, which, unlike solar, creates greenhouse gas emissions. Clean Footprint will pay the cost of building the array, and the city can cancel the deal at fixed points during the term. Jerry Warren, director of Winter Park’s electric utility department, said some residents wanted a non-polluting power source. “For the customers that care about sustainability, I’ve scored a victory for them,” Warren said. Warren predicted that power from the array will start flowing early next year. The initial output will be tiny, with the 2.25-megawatt facility able to power 22,500 100-watt light bulbs at the same time. But although it will be able to supply only 0.6 percent of the city’s energy needs, Warren said he views it as an experiment that could open the door to more production as the utility becomes more comfortable working with solar. For the moment, solar is limited because it produces power only under sunny conditions. Clouds, summer storms and nightfall make it impractical as a principal source of energy. John Porter, a managing partner of Clean Footprint, said he expects that technological improvements such as better batteries to store power produced during the day for use at night and decreasing costs will make solar more viable in the years ahead. “I think people are going to start seeing solar as a part of the fabric of our community,” said Porter, whose company is headquartered in Cape Canaveral. The Winter Park project is the biggest that the two-year-old company has undertaken.
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Wind, the ‘workhorse’ of renewable energy
Panel and system manufacturers are looking for ways to grow earnings, and one likely new revenue source is energy storage. According to Elsaesser, the PV industry expects to boost revenue by $10 billion by 2017 globally with storage. The PV industry needs to look for future profit pools, Markus Hoehner, founder of the International Battery and Energy Storage Alliance (IBESA), said at an Intersolar briefing. When we look at the PV industry on the global level, most of it was feed-in tariff driven. It was about IRR [internal rate of return], making money out of the PV system. Now, due to the downturn in the feed-in tariff markets, and due to the much lower system cost, were talking about saving money. Homeowners in markets with high retail electricity rates, he said, are looking to shield themselves from rising energy costs with storage. Take the example of Germany. Matthias Vetter, a researcher with the Fraunhofer Institute for Solar Energy Systems (ISE), who also spoke at the briefing, said that he pays 26 euro cents ($0.34) per kilowatt-hour (kWh) for grid electricity in Germany. A [rooftop PV] system owner who has installed 10 years ago, like my father, he gets, still, 55 euro cents [$0.77] per kilowatt-hour, he said. He never comes to the idea that he will install storage. But for German homeowners who install a new rooftop PV system, the financial incentives look very different. After a series of scheduled reductions, the feed-in tariff rate for rooftop PV now pays 14 euro cents ($0.18)/kWh, according to Hoehner.
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Foster’s Solar-Skinned Buildings Signal Market Tripling: Energy
Low-income homeowners may not be able to qualify for a conventional loan to invest in solar. And non-profits arent directly eligible to take advantage of solar tax credits. Senate Bill 1087 , which Gov. Abercrombie signed on June 27, makes solar photovoltaic systems, as well as solar thermal water heaters and big-ticket energy efficiency upgrades, available to all these underserved customers by eliminating the thorny issue of the upfront costs. On-bill financing enables residential or commercial property owners or renters to avoid the initial out-of-pocket expense to install energy improvements. Upgrades are instead financed with loans paid back via a line item on the customers monthly utility bill.
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Solar power to meet energy needs of Delhi Secretariat
2 economy, a majority of EU governments – led by Germany – opposed the plan, which led to the compromise deal. “We found an amicable solution,” EU Trade Commissioner Karel De Gucht said. “I am satisfied with the offer of a price undertaking submitted by China’s solar panel exporters,” he said, referring to the minimum price for China’s imports. Chinese Commerce Ministry Spokesman Shen Danyang welcomed the deal, hailing a “positive and highly constructive outcome”. An EU diplomatic source said that in the solar agreement, the agreed price was 0.56 euro cents per watt, near the spot price for Chinese solar panels in July in Europe, according to solar exchange pvXchange. Under the terms of the deal, China will also be allowed to meet about half Europe’s solar panel demand, if taken at last year’s levels.
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Solar Energy Storage About To Take Off In Germany and California
Massive solar power plants are under construction in the desert and will soon be online. Solar panels adorn the roofs of a growing number of homes and commercial buildings. PG&E alone has 90,000 solar customers. Gov. Jerry Brown recently spoke at Intersolar, the solar trade show that met in San Francisco this month, and the state’s solar industry lobby is increasingly influential. Wind, on the other hand, has a much quieter presence in the Golden State.
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Short Interest in Solar Energy Companies Takes a Breather
Tipping Point Were approaching a tipping point and at some point in the future building integrated solar would be a must-have in the design of any new and significant building, said Mike Russell, managing director of Accentures utilities group in London . Solar technology has been installed onto the roof of the Pituacu Stadium in Brazil, as well as its locker room and parking canopies, as the nation prepares for the World Cup. Viaticus has invested in Dyesol Ltd. (DYE) , which makes dyes that mimic how plant leaves turn sunlight into energy. The dyes increase the efficiency of solar cells and provide a product thats highly desirable for all buildings, both new and refurbished, said Rezos. Dyesol is working with Tata Steel Ltd. (TATA) on ways of incorporating its technology into steel roofing products for industrial warehouses, said Richard Caldwell, its executive chairman. Pilkington Group Ltd., a glass maker, plans to integrate the technology into windows forming the sides of buildings, he said. Private Equity VantagePoint of San Bruno, California , and Scottish Equity Partners are backing the efforts of Solar Century Holdings Ltd.
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Is Georgia the next frontier for solar development?
(Not to mention that the champion of the plan was a conservative Commissioner named Lauren Bubba McDonald. If anyone can rally support for solar, Id like him to be named Bubba.) The common ground that this motley crew discovered is the remarkable business case for solar. Essentially, everyone recognized two key facts about electricity. First, prices historically have fluctuated. This probably will not change. In fact, it may get worse.Next, its unlikely that prices will decrease in the future. Old, inadequately controlled coal plants will need to make capital expenditures in order to meet new federal air pollution standards. This could lead to rate increases. As one of the commissioners put it (PDF) ,Commissioner McDonald’s motion adding 525 megawatts of solar to our 20-year energy plan is a hedge against more coal regulation and natural gas price volatility.
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Winter Park will go (a little) green with solar power facility
LDK Solar Co. Inc. ( LDK ) saw short interest fall by 6.1% to 3.55 million shares. Suntech Power Holdings Co. Ltd. ( STP ) showed a rise of 0.6% in short interest, to 16.72 million shares.
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TOPICS electricity production and distribution To harness solar power to meet the energy demands of Delhi Secretariat, the Government will soon identify a piece of land nearby to set up a 5 MW solar power generation unit. The decision was taken following a meeting between Union New and Renewable Energy Minister Farooq Abdullah and Delhi Chief Minister Sheila Dikshit on Thursday. He requested Ms. Dikshit to consider setting up a unit to service the power needs of the Secretariat, where the peak demand at present remains around 2.5 MW. Responding to the proposal, Ms. Dikshit said her government is keen on harnessing solar power, which is clean and green, as its generation process is pollution-free and assured him that her government will soon identify a piece of land for the Union Ministry to start work on the project.
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