Mark Vachon, vice president of GE’s successful Ecomagination program is calling the political battle between economy and environment “nonsense.” “There’s this theory that you have to pick one: economics or environmental performance. That’s nonsense. Innovation is the way you can have both,” said Vachon. GE started the Ecomagination program in 2005 and has since invested more than $5 billion renewable energy, efficiency and smart grid technologies. The company saw such a powerful business case for clean technologies, it plans to double investments in the sector to $10 billion by 2015. According to Vachon, the $85 billion in revenue from cleantech has doubled the performance of the rest of the company’s portfolio.
Archive for January 20, 2012
Why? The average price of an installed solar system in Germany came to $2.80 in the third quarter of 2011. In the U.S., it was about $5.20 in the third quarter. Germany Installed 3 GW of Solar PV in December — The U.S. Installed 1.7 GW in All of 2011. Germans have a much more mature solar market. The country’s simple, long-term feed-in tariff makes financing projects less expensive, and has created a sophisticated supply chain that allows companies to source product, generate leads and get systems on rooftops efficiently.
San Diego Gas & Electric for approval of its new solar proposal called “connected…..to the sun.” The proposal complements rooftop solar and includes two different pilot programs that would give all SDG&E customers options to buy solar power even if they do not own a home, cannot afford a solar investment, or do not have the ability to put photovoltaic panels on their roof. Customers could choose to buy all or some of their energy from solar projects located in SDG&E’s service territory or negotiate directly with a local solar provider.
As part of its monthly survey, collecting PV module pricing from suppliers, integrators, installers and distributors, IMS Research also identified expectations of how prices will develop throughout the supply chain in January 2012. The survey found that whilst on average distributors expected a decline of just 4%, their customers expected prices to decline by more than double that amount during the month.
Agriculture Secretary Tom Vilsack today announced that USDA is seeking applications to provide assistance to agricultural producers and rural small businesses to complete a variety of energy efficiency and renewable energy projects.
The Rural Energy for America Program (REAP) is designed to help agricultural producers and rural small businesses reduce energy costs and consumption and help meet the Nation’s critical energy needs. For 2012, USDA has approximately $25.4 million budget authority available to fund REAP activities, which will support at least $12.5 million in grant and approximately $48.5 million in guaranteed loan program level awards. USDA is accepting the following applications:
- renewable energy system and energy efficiency improvement grant applications and combination grant and guaranteed loan applications until March 30, 2012;
- renewable energy system and energy efficiency improvement guaranteed loan only applications on a continuous basis up to June 29, 2012;
- renewable energy system feasibility study applications through March 30, 2012; and
- energy audits and renewable energy development assistance applications through February 21, 2012.