Clean Techies Blog - Nov 12
Four years after the US credit market crashed, energy efficiency projects continue to struggle to secure financing. What’s the problem? A slow economy, of course. But when it comes to energy efficiency – and on-site renewable energy – the problem runs deeper. It’s not lack of interest in green energy. Banks are interested in lending to green projects, but lenders become spooked when they begin to evaluate the risks associated with energy efficiency and on-site solar.
Dow Jones VentureWire Alert - Nov 2
As promised, the Internal Revenue Service has appealed a bankruptcy-court order confirming the Chapter 11 plan of Solyndra LLC.
REVE Wind News - Nov 3
Wind energy on its own is very affordable. It isn’t going to run out. Technology may change, but the well won’t run dry. Researchers with the Global Wind Energy Council anticipate annual average installation rates to continue to increase at 15.5 percent each year through 2015.
Green Tech Solar News - Nov 8
Independent power producers have, to date, largely relied on securing power purchase agreements (PPA) with utilities for the price certainty needed to finance utility scale solar projects. Because the levelized cost of electricity of wind has recently been more competitive than that of solar, developers have had another path to price certainty, explained Lincoln Renewable Energy COO and former Acciona North America CEO Dan Foley. LRE just announced the finalization of a 20 year PPA with Southern California Edison for the output of its adjoining 20 megawatt Marathon and 10 megawatt Agincourt solar power plants, scheduled for 2013 construction in Southern California. Foley said that soon, as the result of small marketplace changes, it could be possible to build utility scale solar without a PPA.
Earth2Tech Blog - Nov 7
The trade complaint against Chinese solar cell makers drew to an end on Wednesday when the U.S. International Trade Commission (ITC) sided with U.S. solar manufacturers, agreeing that yes, U.S. solar makers have indeed been harmed by Chinese competitors. It’s a decision that will keep in place tariffs on silicon solar cells coming out of China. The ITC agreed in a 6-0 vote that Chinese solar producers have benefited from illegal subsidies from the Chinese government and sold products at below fair market value. The ITC’s findings corroborate the decision by the U.S. Commerce Department in October.
Solar Energy - Clean Energy Authority - Nov 2
It was just a few weeks ago that the BLM finalized the PEIS creating solar energy zones throughout seven southwestern states, and already the BLM is expanding the solar energy zones. Earlier this week BLM proposed creating an additional Solar Energy Zone in Arizona, which would open up more federal lands to solar development.
SBWire News - Nov 3
Arizona has been one of the leaders in the acceptance of solar power since the inception of the technology. According to the Solar Energy Industries Association (SEIA), the state has now seen the third largest growth rate in installed photovoltaic capacity since the end of 2009, installing 297 megawatts of PV power during the three-year period. The latest projects in Arizona underscore the state's likelihood of continuing to expand its solar energy prominence.
Renewable Energy World - Solar Energy News - Nov 7
In August 2012, Senator Dave Argall (R-29) of the Pennsylvania State Senate, introduced legislation to spur change to the state’s declining solar renewable energy credit (SREC) market. This bill has been introduced in response to the lack of movement on a similar House Solar Bill introduced in 2011.
Offshore Wind - Nov 5
The Oregon Department of Land Conservation is planning an amendment to the Oregon Territorial Sea Plan, which will include specification of areas for development of marine renewable energy.
San Bernardino Sun News - Nov 6
The Board of Supervisors last week opened the door to allowing greater flexibility in the design and use of wind turbines in the region. Supervisors adopted a proposed amendment to revise existing regulations of small wind energy systems. The proposed code would loosen regulations for the number of wind energy units on a parcel of land; allow the possibility of multiple units to be located on one parcel; and modify permit requirements.
Notable Renewable Energy Projects and Deals
PE Hub News - Nov 12
AES Solar, a joint venture of The AES Corporation and Riverstone Holdings LLC, announced today that it has completed three financings totaling $752 million, including a project financing of a 266 megawatt solar photovoltaic power plant in the United States, a project financing of a 22.4 MW portfolio of three solar PV power plants in France and a corporate revolving credit facility for AES Solar.
Solar Thermal Magazine - Nov 2
EDF Renewable Energy, formerly enXco, celebrates the construction and operation of two Kern County projects producing clean energy for Southern California. The 140 MW Pacific Wind and 143 MWp Catalina Solar projects were developed and contracted independently; however, their close geographic proximity to one another enabled the projects to share certain infrastructure and thus evolve into one of the largest wind/solar hybrid projects in the United States. Pacific Wind began operation in August 2012 and the first phase of Catalina Solar will begin operation in December 2012. Both deliver carbon-free electricity into the grid for the benefit of San Diego Gas & Electric Company’s (SDG&E) generation portfolio under two separate power purchase agreements.
Solar Industry Mag - Nov 12
The California Public Utilities Commission (CPUC) last week approved the renewable energy procurement plans of investor-owned utilities Pacific Gas and Electric Co., Southern California Edison, and San Diego Gas & Electric.
Solar Thermal Magazine - Nov 7
SPG Solar, a leading provider of commercial solar power products and services, today announced that it is relocating its corporate headquarters to Petaluma, Calif., effective January 1, 2013. The new headquarters complex will include a state-of-the-art research and development (R&D) facility, space for rigorous product testing, an expanded warehouse, and a customer center with a fully operational SunSeeker single axis tracker.
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