Archive for Global

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Our friends over at SolarCity are looking for individuals interested in a career as a PV Designer! They will be hiring now until March 18th! Individuals with an engineering degree or previous experience are great but not mandatory. What’s more important is that you’re a quick learner, motivated, and good problem solvers! If this sounds like it would be of interest to you get in contact with us or contact SolarCity for more information. Be sure to act quickly!

Energy program can aid farmers, small businesses

In Tennessee, solar panels are not as common as silos on farms, but recently they have been becoming more and more popular across the Volunteer State.

Tennessee farmers are beginning to take advantage of a U.S. Department of Agriculture grant program promoting renewable energy and energy-efficient projects.

It’s smart for farmers and owners of small businesses to invest and participate in the programs to reduce energy costs and potentially make a few extra dollars selling excess power.

The program USDA’s Rural Energy for America Program, or REAP, is providing grants and loans for renewable energy and energy projects to small businesses in rural areas with a population of 50,000 or less. It is growing in Tennessee, with more than $2 million available for projects state wide just this year, compared to $326,000 last year.

Monroe, Knox, and Loudon counties have been home to two-thirds of the projects in East Tennessee for 2006 to 2014.

The Tennessee Valley Authority’s Green Power Provider program, which pays a premium for energy generated by renewable sources has worked hand in hand with the REAP program in the past few years. Unfortunately, TVA is erasing its green power incentives as more money becomes available through REAP for investment in solar and other renewable projects.

Read the article here.

Solar Deal with TVA and Next Era

The Tennessee Valley Authority, TVA, board authorized a 20-year power purchase agreement (PPA) with Next Era Energy for 80 megawatts of solar, AP reports. This is the first installation of over 20 megawatts, currently having 128 MW of solar.

The most competitive price for solar was offered at $61 per MWh, comparable to the $59 per MWh TVA expects to pay for electricity from Mississippi’s Quantum Choctaw natural gas power plant.

The installation will be built near TVA’s Colbert Fossil Plant in Northern, Alabama.

Read the article here.

First Solar Inc. and Sunpower Corp are Planning a Joint Venture

(Bloomberg) — First Solar Inc. and SunPower Corp., the two largest U.S. solar-panel manufacturers, are planning a joint venture that will own and operate some of their projects.
The companies expect to register for an initial public offering for the new venture, according to a statement Monday. They didn’t say when that may occur or how much they would seek to raise through the IPO. The shares surged in after-hours trading.
The SunPower-First Solar venture would be part of a growing trend in the renewable-energy industry to pool projects into publicly traded entities that offer shareholders payouts, known as yieldcos. Companies that build power plants, including Abengoa SA and NRG Energy Inc., sell completed projects to their yieldco affiliates and use that capital to fund new power plants.

Read the article here.

Apple Invests In A Large Scale Solar Energy Project

In San Francisco, California—Apple will spend almost $850 million on a solar energy project, potentially generating enough power for their new corporate headquarters, retail stores, and other facilities in California.

This will make Apple the largest consumer of energy from this new solar facility. Constructed on 2,900 acres in rural Monterrey County, south of San Francisco Bay, the facility will have the capacity of 280 megawatts.

CEO Tim Cook said in an investment conference that this project reflects Apple’s concern for climate change.

The project will begin later in the year and finished by the end of 2016.

Read the article here.