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Archive for National
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.
(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.
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.
With more than 40 percent of the pavement in an average city tied up in parking areas, it’s safe to say that garages and carports are all around us. Many urban areas are changing the way these concrete blocks are being viewed–one solar panel addition at a time. Solar panel carports have the ability to incredibly impact energy-production all while looking like something straight out of the future.
Certain high-profile corporations and universities have given the special carports a whirl and have since generated an abundance of power. Rutgers University in Piscataway, NJ, currently houses the largest solar parking canopy project in the U.S. With a 28-acre installation, it is no wonder over 60% of the campus’ annual electricity is provided for by the plant. With such incredible amounts of energy produced at Rutgers University by way of “solar parking”, many are left to wonder why similar additions have yet to be started in their area. The discouraging factor for such projects, as stated by Chase Weir of TruSolar, is money. Weir goes on to say, such projects are “The most expensive type of system to build”. Solar carports may be impressively beneficial and aesthetically awing, however there is no denying they are also incredibly expensive…“So at least for now, the market remains relatively niche.”
Read the article here.
For CEO Brad Mattson and CTO Markus Beck of Siva Power, producing gigawatts’ worth of thin-film solar panels through domestic manufacturing is a real possibility. This San Jose, California solar startup company is newly funded and developing the world’s largest-scale and least-expensive thin-film CIGS production line.
The company has received $10 million in new funding, including $3 million DOE SunShot grant, a $3 million conversion of debt financing from Trident Capital, DBL investors, Medley Partners and Acero Capital, as well as $4 million in new capital form the city of Wuxi, China and existing investors DBL, Medley, and Acero.
After focusing on research and development, experimenting with different photovoltaic materials and production processes, Siva has decided on co-evaporated CIGS on large glass substrates. Mattson called the technology “a gift of physics” offering the highest thin film efficiencies and fastest production process.
Siva is in need of $120 million to $150 million to launch is factory. It would be the “world’s first solar giga factory” built on California soil, helping the state reach its new 50 percent renewable goal.
Read the article here.
By Molly Denson
In a move to transition to more sustainable energy production American University, George Washington University and George Washington University Hospital are joining together in a plan to provide all three institutions with clean solar energy. The three joined together for a 20 year solar purchase that will supply 123 million kilowatt hours of clean energy each year. The clean energy will be supplied from several large scale solar farms in the surrounding North Carolina area comprised of 243,000 solar panels and will comprise the largest PV project on to the East of the Mississippi River. This partnership will remove roughly 15,000 metric tons of CO2 which equates to the removal of roughly 3,000 cars from the roads. This step forward in energy production by the three institutions will hopefully lay a blueprint for other universities who are wanting to switch to cleaner means of energy production.
Read the full report from the American University here: http://www.american.edu/finance/sustainability/au-to-source-50-percent-power-from-solar.cfm
A recent report by the Institute for Local Self-Reliance has indicated that the Walton family, majority owners of Wal-Mart, have donated millions of dollars to a handful of organizations over the past few years, many of which have a vested interest in restricting the growth of the solar and renewable energy sectors. Another Walton-owned company, First Solar, was instrumental in the decision to allow one of Arizona’s largest utility companies, APS, to begin imposing additional fees on owners of household rooftop solar systems. These changes caused a sharp decline in solar installations in Arizona despite the fact that Arizona is one of the most productive locations for solar energy. This should serve as a warning that although many corporations may appear to have “gone green”, how their money is spent is a better indication of where their true interests lie.
Full report can be found here.
Good Magazine performed an interesting experiment which underscores the benefits of renewables while simultaneously showing off the shortcomings of coal, nuclear and natural gas. It calculated how much energy it would take to keep a 100 watt light bulb burning for an entire year. The results are charted in the infographic below but here is a quick rundown:
Coal: 714 pounds.
Natural Gas: 143 pounds.
Nuclear: 0.35 pounds.
Solar: 8 days, 8 hours and 14 seconds of energy from 100 square meters of solar panels.
Wind: 2 hours, 20 minutes and 9 seconds from a 1.5 MW turbine at 25% capacity.
Hydroelectric: 2 hours and 35 minutes.
Yes, it is an incandescent light bulb.
The House Energy and Commerce Committee Tuesday voted down an amendment that would have stated conclusively that climate change is occurring.
E&C Committee members voted 24-20 against the amendment, introduced by Rep. Jan Schakowsky (D-IL) to H.R. 3826, the Electricity Security and Affordability Act. That bill, if it makes it through Congress, would put an end to EPA regulations on emissions for new power plants until technologies like carbon capture and storage are commercially viable in at least six states for one year. It passed in Tuesday’s committee, but the amendment, which would have placed on the record that the committee accepts that climate change is happening and is caused by greenhouse gas pollution, did not.
Twenty-four E&C members — all Republicans — voted against the amendment. Among them was E&C Chair Rep. Fred Upton (R-MI), who has said before that he doesn’t think climate change is caused by human activity, and Joe Barton (R-TX), who also questions humans’ role in climate change. In total, the Republicans who voted to deny climate change have accepted about $9.3 million in career contributions from the oil, gas and coal industries, according to analysis by the CAP Action War Room.