RainChief Energy (RainChief) (otcqb:RCFEF) is pleased to announce the acquisition of Vancouver-based JayDoc Capital Corporation (JayDoc).
As a result of the JayDoc acquisition, RainChief has entered into and will now be focused on the financing and development of photovoltaic (PV) solar energy projects in European Union countries. Specifically, the Company will invest in feed-in-tariff (FiT) environments, like Italy, which create long-term, low-risk revenue streams that facilitate high-leverage financing (80/20 debt-to-equity) with non-recourse project loans. Future growth will be driven by the strategic development and/or acquisition of additional solar power facilities under long-term contract in markets with high retail electricity prices and strong solar irradiation, with the ultimate goal of producing low-cost, clean electricity at attractive returns.
To aggressively develop this unique business opportunity, RainChief has established operational partnerships for the assessment, development and management of turn-key PV solar projects. The combined group will bring together highly professional organizations with expertise in all relevant aspects of renewable energy project development. The organizations have extensive experience in this specialized sector and combine technical and financial expertise with on-the-ground knowledge and regulatory awareness. The operational partners also provide RainChief with in-depth knowledge of the incentive framework and the approval process required for official authorized PV projects in Italy and other jurisdictions. Additionally, the group has the professional background to determine authorized sites for potential project development and to source and manage bankable EPC contractors with a proven record of PV project design, engineering and construction.
Terms of the acquisition by RainChief "Purchaser" of JayDoc "Target" include a business combination whereby the Purchaser purchases all of the securities from the Target in exchange for an aggregate of four million (4,000,000) restricted (Rule 144) common shares of the Purchaser (being one Purchase Share for each three issued Target Shares), paid pro rata, and an additional six million (6,000,000) restricted escrowed common shares (Escrow Shares) of the Purchaser (being 0.05 Purchaser Shares for each Target Share) paid pro-rata (the "Acquisition"). The Escrow shares will be subject to a standard form escrow agreement and will have a total of five (5%) percent release pro-rata with each one (1) megawatt of solar capacity brought into commercial delivery to the grid. An additional six (6) million warrants will be issued to Target subject to a five (5%) percent release pro-rata per megawatt exceeding 20 megawatts. The Escrow Shares and warrants will become eligible to vote on an as earned basis and all Escrow Shares not released within ten (10) years will be cancelled. The warrants are exercisable at $0.02 per share of the Purchaser and expire five years from the date of issue.
"This is an exciting move for our company," stated RainChief President Brad Moynes. "It positions us in a new energy sector with partners that bring experience and professional knowledge to the acquisition and development of PV solar projects. We will be announcing a number of partners in the very near future."
Forward-Looking Information:
This press release contains certain "forward-looking information." All statements, other than statements of historical fact, that address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future constitute forward-looking information. This forward-looking information reflects the current expectations or beliefs of the Company based on information currently available to the Company. Forward-looking information is subject to a number of significant risks and uncertainties and other factors that may cause the actual results of the Company to differ materially from those discussed in the forward-looking information, and even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on the Company. Factors that could cause actual results or events to differ materially from current expectations include, but are not limited to, the possibility of unanticipated costs and expenses. Any forward-looking information speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise. Although the Company believes that the assumptions inherent in the forward-looking information are reasonable, forward-looking information is not a guarantee of future performance and accordingly undue reliance should not be put on such information due to the inherent uncertainty therein.
This news release was distributed by GlobeNewswire, www.globenewswire.com
Friday, October 29, 2010
Thursday, October 28, 2010
Mojave Project Breaks Ground
IVANPAH, Calif. — The first solar energy project on federal land has broken ground in California’s Mojave Desert.
U.S. Interior Secretary Ken Salazar, Gov. Arnold Schwarzenegger and other officials joined in Wednesday’s ceremony for the Ivanpah project, located in eastern San Bernardino County about five miles from the Nevada border.
The project, headed by BrightSource Energy, will have three generating plants, built in stages between now and 2013. Its 346,000 billboard-sized mirrors will focus the desert sun on steam turbines, producing enough electricity for 140,000 homes.
U.S. Interior Secretary Ken Salazar, Gov. Arnold Schwarzenegger and other officials joined in Wednesday’s ceremony for the Ivanpah project, located in eastern San Bernardino County about five miles from the Nevada border.
The project, headed by BrightSource Energy, will have three generating plants, built in stages between now and 2013. Its 346,000 billboard-sized mirrors will focus the desert sun on steam turbines, producing enough electricity for 140,000 homes.
Wednesday, October 27, 2010
$1 Billion Solar Plant Approved
The United States has approved a permit for the largest solar energy project in the world - four massive plants at the cost of one billion US dollars each in southern California.
"The Blythe solar power plant will consist of four 250-megawatt plants, built on public lands in the sun-drenched Mojave desert," Interior Secretary Ken Salazar said on Monday.
"When completed the project is expected to generate up to 1000 megawatts of energy. That's enough electricity to power up to 750,000 average American homes and to make Blythe the largest solar power plant facility in the world."
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The total capacity will be roughly equal to the turbine output of a nuclear power plant or a large modern coal-fired power plant, according to Solar Millennium, the company developing the facility.
Solar Millennium plans to begin construction on Blythe this year, the company says on its website. At the height of construction, the project is expected to create more than 1000 jobs.
The Blythe facility is one of a raft of renewable energy projects that have been approved in recent weeks by the Interior Department.
Earlier this month, Salazar approved the first five renewable energy projects on public lands, four in California and one in Nevada, both states that have been hard hit by the economic downturn.
Two weeks ago, Salazar inaugurated the world's largest wind tower manufacturing plant in the working class town of Pueblo, Colorado, which will be run by Danish company Vestas Wind Systems.
One week earlier he signed a lease for the first major offshore wind farm, off the coast of New Jersey.
"The Blythe solar power plant will consist of four 250-megawatt plants, built on public lands in the sun-drenched Mojave desert," Interior Secretary Ken Salazar said on Monday.
"When completed the project is expected to generate up to 1000 megawatts of energy. That's enough electricity to power up to 750,000 average American homes and to make Blythe the largest solar power plant facility in the world."
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The total capacity will be roughly equal to the turbine output of a nuclear power plant or a large modern coal-fired power plant, according to Solar Millennium, the company developing the facility.
Solar Millennium plans to begin construction on Blythe this year, the company says on its website. At the height of construction, the project is expected to create more than 1000 jobs.
The Blythe facility is one of a raft of renewable energy projects that have been approved in recent weeks by the Interior Department.
Earlier this month, Salazar approved the first five renewable energy projects on public lands, four in California and one in Nevada, both states that have been hard hit by the economic downturn.
Two weeks ago, Salazar inaugurated the world's largest wind tower manufacturing plant in the working class town of Pueblo, Colorado, which will be run by Danish company Vestas Wind Systems.
One week earlier he signed a lease for the first major offshore wind farm, off the coast of New Jersey.
Tuesday, October 26, 2010
Federal Money for California Energy Project
The U.S. Interior Department has approved a permit for the $6 billion, 1,000 MW Blythe parabolic solar trough project and the 663.5 MW Calico solar power plant on federal lands in the California desert. The Blythe project would be one of the largest solar power plants in the world.
The Blythe project is being developed by Solar Trust of America, a joint venture between Germany's Solar Millennium AG and Ferrostaal AG. The project is one of nine large solar-thermal power plants the California Energy Commission has approved or plans to approve by the end of the year. Others include the Calico project, Imperial Valley and the Chevron Lucerne Valley solar projects, which were also given approval by the Interior Department. The Silver State solar power plant in Nevada was approved in early October.
Blythe Solar will cover 7,025 acres on a site 216 miles east of Los Angeles. The facility will use parabolic mirrors to focus the sun’s energy onto tubes that carry heated oil to a boiler, which sends steam to a turbine. Solar Millennium LLC. agreed to fund conservation measures protecting the desert tortoise and Mojave fringe-toed lizard in return for permission to build the Blythe project on public land.
Federal approval would allow the companies to start work on the plants this year to take advantage of government incentives that would reduce project costs. To receive cash grants in exchange for unused tax credits, companies must break ground on projects or spend 5 percent of construction costs by year's end.
The Blythe project is being developed by Solar Trust of America, a joint venture between Germany's Solar Millennium AG and Ferrostaal AG. The project is one of nine large solar-thermal power plants the California Energy Commission has approved or plans to approve by the end of the year. Others include the Calico project, Imperial Valley and the Chevron Lucerne Valley solar projects, which were also given approval by the Interior Department. The Silver State solar power plant in Nevada was approved in early October.
Blythe Solar will cover 7,025 acres on a site 216 miles east of Los Angeles. The facility will use parabolic mirrors to focus the sun’s energy onto tubes that carry heated oil to a boiler, which sends steam to a turbine. Solar Millennium LLC. agreed to fund conservation measures protecting the desert tortoise and Mojave fringe-toed lizard in return for permission to build the Blythe project on public land.
Federal approval would allow the companies to start work on the plants this year to take advantage of government incentives that would reduce project costs. To receive cash grants in exchange for unused tax credits, companies must break ground on projects or spend 5 percent of construction costs by year's end.
Saturday, October 23, 2010
More Solar Energy in Southern California
Solar services company SunEdison is to provide two megawatts of solar generating capacity at three City properties in Huntington Beach, Southern California.
The deal will involve no upfront costs to the City, with SunEdison financing, constructing, monitoring and maintaining the three carport canopy photovoltaic power plants.
The company, which has its HQ in Beltsville, Maryland, will sell power to the City via 20-year power purchases from the installations at the Huntington Beach Civic Center, Central Library and City Yard.
Construction is expected to begin in spring of 2011, SunEdison said.
Aaron Klemm, Energy Project Manager for Huntington Beach, said: “We evaluated a number of ways to meet our municipal solar capacity goal. The Power Purchase Agreement model made the most sense for us as there are no upfront capital or maintenance requirements from the city, and we receive very competitive power prices.”
DOE
Initial research and consultation on the solar carport canopy developments was funded by the US Department of Energy’s Energy Efficiency and Conservation Block Grant (EECBG) Program.
The three systems are expected to generate more than 63 million kilowatt hours (kWh) of clean solar energy over 20 years, enough energy to power over 5,900 homes for a year.
“SunEdison makes solar a reality for public sector clients like the City of Huntington Beach,” said Brian Jacolick, General Manager, Americas for SunEdison. “With smart solar programs, proven experience and strong financing capabilities, SunEdison is the clear choice for government solar solutions.”
The deal will involve no upfront costs to the City, with SunEdison financing, constructing, monitoring and maintaining the three carport canopy photovoltaic power plants.
The company, which has its HQ in Beltsville, Maryland, will sell power to the City via 20-year power purchases from the installations at the Huntington Beach Civic Center, Central Library and City Yard.
Construction is expected to begin in spring of 2011, SunEdison said.
Aaron Klemm, Energy Project Manager for Huntington Beach, said: “We evaluated a number of ways to meet our municipal solar capacity goal. The Power Purchase Agreement model made the most sense for us as there are no upfront capital or maintenance requirements from the city, and we receive very competitive power prices.”
DOE
Initial research and consultation on the solar carport canopy developments was funded by the US Department of Energy’s Energy Efficiency and Conservation Block Grant (EECBG) Program.
The three systems are expected to generate more than 63 million kilowatt hours (kWh) of clean solar energy over 20 years, enough energy to power over 5,900 homes for a year.
“SunEdison makes solar a reality for public sector clients like the City of Huntington Beach,” said Brian Jacolick, General Manager, Americas for SunEdison. “With smart solar programs, proven experience and strong financing capabilities, SunEdison is the clear choice for government solar solutions.”
Thursday, October 21, 2010
Australian Solar Power
AGL Energy has warned Australian consumers that power bills are likely to increase. The higher prices have been driven by the popularity of solar panels. Consumers have embraced the photovoltaic panel technology, which is subject to a generous government subsidy. Federal Climate Change Minister Greg Combet has dismissed criticism that renewable energy policies have created an excessive financial burden. Consumers without solar energy will be left to meet the growing cost of energy.
Publication Date: 21 October 2010
AGL ENERGY LIMITED - ASX AGK
AUSTRALIA. DEPT OF CLIMATE CHANGE AND ENERGY EFFICIENCY
ORIGIN ENERGY LIMITED - ASX ORG
ENERGY AUSTRALIA PTY LTD
INTEGRAL ENERGY AUSTRALIA
ENERGY USERS ASSOCIATION OF AUSTRALIA
RIO TINTO LIMITED - ASX RIO
BHP BILLITON LIMITED - ASX BHP
ENERGY SUPPLY ASSOCIATION OF AUSTRALIA LIMITED
NATIONAL PARTY OF AUSTRALIA
Publication Date: 21 October 2010
AGL ENERGY LIMITED - ASX AGK
AUSTRALIA. DEPT OF CLIMATE CHANGE AND ENERGY EFFICIENCY
ORIGIN ENERGY LIMITED - ASX ORG
ENERGY AUSTRALIA PTY LTD
INTEGRAL ENERGY AUSTRALIA
ENERGY USERS ASSOCIATION OF AUSTRALIA
RIO TINTO LIMITED - ASX RIO
BHP BILLITON LIMITED - ASX BHP
ENERGY SUPPLY ASSOCIATION OF AUSTRALIA LIMITED
NATIONAL PARTY OF AUSTRALIA
Wednesday, October 20, 2010
Electric Conference in Texas Nov 7
AUSTIN, Texas, Oct 19, 2010 (BUSINESS WIRE) -- Electric Power Engineers of Austin is among more than 50 Texas business and government leaders speaking at Texas Renewables 2010 (www.texasrenewables.org), Texas' premier business-to-business meeting for anyone in or wanting to be in the Texas renewable energy industry. The conference takes place November 7-10 in San Antonio and is hosted by CPS Energy.
After returning from Solar Power International (SPI), the largest solar power event in North America, Electric Power Engineers Inc. recognized with renewed conviction the opportunities in Texas. Hala N. Ballouz, president and CEO, Electric Power Engineers Inc. cited the exponential growth in solar project activity among renewable generation developers in the last few months. "Our business is doing nearly as many studies and designs for solar power as for wind projects. Participating in the SPI conference in LA this week certainly emphasized how this industry has exploded. The solar power industry in Texas is ready, the developers are at work and the electric grid is looking to embrace it. To capture this wave and release its energy, we should work together to ensure our legislature passes standards and incentives that are specific to solar generation."
Texas Renewables 2010 provides the venue for forming valuable B2B alliances and keeping industry sectors informed on the latest business developments, regulations, federal and state grants and other renewable energy business opportunities. The conference starts Nov. 7th with the Texas International Business Connections Forum and continues with over 50 speakers, including dozens of industry leaders and these key government officials:
Welcome by San Antonio Mayor Julian Castro Introduction keynote: Texas House Speaker, Joseph Straus (invited) Keynote Luncheon speaker PUC Chairman Barry Smitherman Brian Lloyd, deputy director, budget, planning & policy, Office of the Governor, the State of Texas Dan Woodfin, director of system planning, ERCOT Dub Taylor, director, SECO Jess Totten, director of policy, PUC Doug Ridge, manager, Texas Industry Cluster Initiative, Office of the Governor, the State of Texas Dwain Rogers, deputy commissioner renewable energy, Texas General Land Office
While at SPI Russel Smith, executive director, TREIA and co-organizer of Texas Renewables 2010 noted, "Since the last legislative session, Texas has moved from a tiny blip on the worldwide solar industry's radar screen of business development potential to a flashing signal that can't be ignored. The buzz in the exhibit hall at SPI was that if the Texas Legislature passes a solar incentive program, a significant non-wind portfolio standard, or both, we will see Texas move quickly into the top tier of states for solar development. Interest in Texas Renewables 2010 was high."
Texas Renewable Energy Industries Association (TREIA) www.treia.org, is the oldest renewable energy non-profit trade organization in Texas whose work promoting development of renewable resources and their wise use has spanned a quarter of a century.
SOURCE: Texas Renewable Energy Industries Association
After returning from Solar Power International (SPI), the largest solar power event in North America, Electric Power Engineers Inc. recognized with renewed conviction the opportunities in Texas. Hala N. Ballouz, president and CEO, Electric Power Engineers Inc. cited the exponential growth in solar project activity among renewable generation developers in the last few months. "Our business is doing nearly as many studies and designs for solar power as for wind projects. Participating in the SPI conference in LA this week certainly emphasized how this industry has exploded. The solar power industry in Texas is ready, the developers are at work and the electric grid is looking to embrace it. To capture this wave and release its energy, we should work together to ensure our legislature passes standards and incentives that are specific to solar generation."
Texas Renewables 2010 provides the venue for forming valuable B2B alliances and keeping industry sectors informed on the latest business developments, regulations, federal and state grants and other renewable energy business opportunities. The conference starts Nov. 7th with the Texas International Business Connections Forum and continues with over 50 speakers, including dozens of industry leaders and these key government officials:
Welcome by San Antonio Mayor Julian Castro Introduction keynote: Texas House Speaker, Joseph Straus (invited) Keynote Luncheon speaker PUC Chairman Barry Smitherman Brian Lloyd, deputy director, budget, planning & policy, Office of the Governor, the State of Texas Dan Woodfin, director of system planning, ERCOT Dub Taylor, director, SECO Jess Totten, director of policy, PUC Doug Ridge, manager, Texas Industry Cluster Initiative, Office of the Governor, the State of Texas Dwain Rogers, deputy commissioner renewable energy, Texas General Land Office
While at SPI Russel Smith, executive director, TREIA and co-organizer of Texas Renewables 2010 noted, "Since the last legislative session, Texas has moved from a tiny blip on the worldwide solar industry's radar screen of business development potential to a flashing signal that can't be ignored. The buzz in the exhibit hall at SPI was that if the Texas Legislature passes a solar incentive program, a significant non-wind portfolio standard, or both, we will see Texas move quickly into the top tier of states for solar development. Interest in Texas Renewables 2010 was high."
Texas Renewable Energy Industries Association (TREIA) www.treia.org, is the oldest renewable energy non-profit trade organization in Texas whose work promoting development of renewable resources and their wise use has spanned a quarter of a century.
SOURCE: Texas Renewable Energy Industries Association
Tuesday, October 19, 2010
Evolution Selling Solar Panels
THE WOODLANDS, Texas, Oct 18, 2010 (BUSINESS WIRE) -- Evolution Solar Corp. (pinksheets:EVSO) cheered a new report on Thursday that claims new solar power installations in the U.S. this year could double the capacity installed in 2009.
The Solar Energy Industries Association and GTM Research released the report at Solar Power International, a conference and trade show in Los Angeles. The U.S. Solar Market Insight report compiled data from the first half of 2010, which forecasts that the domestic solar industry could achieve a new milestone this year by installing a gigawatt of new capacity by year's end. That figure would more than double the 441 megawatts added in 2009.
"This report just confirms what we already know: that solar energy is gaining traction in the United States," said EVSO President and CEO Robert Hines. "Now that U.S. public policy has become stable and friendly towards solar, more and more people are taking a serious look at this revolutionary technology."
The domestic solar industry has avoided the malaise plaguing the overall economy thanks in part to an federal investment tax credit for renewable energy that will stay in place through the end of 2016. Unsurprisingly, California led states in solar capacity added in the first six months of 2010, followed by New Jersey, Arizona and Florida.
"Due to ever-improving solar technology, the costs associated with generating electricity using photovoltaic panels are becoming increasingly affordable," Hines said. "We expect that the price gap between solar power and power generated from traditional fuels will continue to narrow. The development of a cleaner, more efficient and renewable energy industry is already creating thousands of jobs across the country."
In Houston, Evolution Solar is partnering with Texas Southern University to install eight AmpleSun thin-film photovoltaic panels on the campus that are intended to serve as a cornerstone of the new TSU Green Technology Center. The project will be Evolution Solar's first array featuring the AmpleSun panels in the U.S. The company also recently completed construction on a solar demonstration project in the City of Brookshire, Texas. These projects should help Evolution Solar acquire new business in a sector that is growing to compete in the energy industry, which includes First Solar (FSLR 145.71, -1.36, -0.93%) , Exxon Mobile Corp. (XOM 66.10, -0.18, -0.27%) Altera Corp. (nasdq:ALTR) and Xilinx, Inc. (XLNX 26.34, -0.14, -0.53%) .
About Evolution Solar Corporation
Evolution Solar Corporation (EVSO) commercializes leading-edge alternative solar energy technologies and related photovoltaic technologies, equipment and next-generation appliances. Evolution Solar is an emerging industry leader capitalizing on its understanding of solar technology and supporting the development of alternative energy plans for large corporations and government organizations. Evolution Solar is also an expert consultant agency to organizations in their strategic and procurement plans for alternative energy contracts with public utilities.
For more information, please visit http://www.evolutionsolar.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words "believes," "expects," "anticipate" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to differ materially from those expressed or implied by such forward-looking statements. In addition, description of anyone's past success, either financial or strategic, is no guarantee of future success. This news release speaks as of the date first set forth above and the company assumes no responsibility to update the information included herein for events occurring after the date hereof.
The Solar Energy Industries Association and GTM Research released the report at Solar Power International, a conference and trade show in Los Angeles. The U.S. Solar Market Insight report compiled data from the first half of 2010, which forecasts that the domestic solar industry could achieve a new milestone this year by installing a gigawatt of new capacity by year's end. That figure would more than double the 441 megawatts added in 2009.
"This report just confirms what we already know: that solar energy is gaining traction in the United States," said EVSO President and CEO Robert Hines. "Now that U.S. public policy has become stable and friendly towards solar, more and more people are taking a serious look at this revolutionary technology."
The domestic solar industry has avoided the malaise plaguing the overall economy thanks in part to an federal investment tax credit for renewable energy that will stay in place through the end of 2016. Unsurprisingly, California led states in solar capacity added in the first six months of 2010, followed by New Jersey, Arizona and Florida.
"Due to ever-improving solar technology, the costs associated with generating electricity using photovoltaic panels are becoming increasingly affordable," Hines said. "We expect that the price gap between solar power and power generated from traditional fuels will continue to narrow. The development of a cleaner, more efficient and renewable energy industry is already creating thousands of jobs across the country."
In Houston, Evolution Solar is partnering with Texas Southern University to install eight AmpleSun thin-film photovoltaic panels on the campus that are intended to serve as a cornerstone of the new TSU Green Technology Center. The project will be Evolution Solar's first array featuring the AmpleSun panels in the U.S. The company also recently completed construction on a solar demonstration project in the City of Brookshire, Texas. These projects should help Evolution Solar acquire new business in a sector that is growing to compete in the energy industry, which includes First Solar (FSLR 145.71, -1.36, -0.93%) , Exxon Mobile Corp. (XOM 66.10, -0.18, -0.27%) Altera Corp. (nasdq:ALTR) and Xilinx, Inc. (XLNX 26.34, -0.14, -0.53%) .
About Evolution Solar Corporation
Evolution Solar Corporation (EVSO) commercializes leading-edge alternative solar energy technologies and related photovoltaic technologies, equipment and next-generation appliances. Evolution Solar is an emerging industry leader capitalizing on its understanding of solar technology and supporting the development of alternative energy plans for large corporations and government organizations. Evolution Solar is also an expert consultant agency to organizations in their strategic and procurement plans for alternative energy contracts with public utilities.
For more information, please visit http://www.evolutionsolar.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words "believes," "expects," "anticipate" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to differ materially from those expressed or implied by such forward-looking statements. In addition, description of anyone's past success, either financial or strategic, is no guarantee of future success. This news release speaks as of the date first set forth above and the company assumes no responsibility to update the information included herein for events occurring after the date hereof.
Monday, October 18, 2010
Solar Power for Arizona
Salt River Project and Iberdrola Renewables have signed a 25-year power purchase agreement for 20 megawatts of solar photovoltaic energy from a Pinal County facility. SRP will purchase all of the solar energy produced at the Copper Crossing Solar Ranch, which is expected to be online by June 2011.
The solar energy will be produced using photovoltaic panels and will produce an amount of energy equal to that needed to serve about 3,100 SRP customers’ homes.
“From wind power to solar, our partnership with Iberdrola Renewables has resulted in thousands of SRP customers benefiting from clean, renewable energy,” said SRP General Manager Richard Silverman.
“Iberdrola Renewables is delighted to partner for the third time with SRP, this time for one of the largest utility-scale projects in Arizona,” said Martin Mugica, executive vice president of Iberdrola Renewables. “SRP has been a leader in bringing clean, renewable energy to Arizona, by purchasing the output of the first commercial-scale wind farms in the state and now with this, one of Iberdrola Renewables’ first solar projects.”
SRP has purchased property located between Quail Run Lane and Attaway Road, and between Judd Road and Bella Vista Road, and will lease a portion of the property to Copper Crossing for the development of the solar facility. The property is adjacent to the Abel receiving station.
Iberdrola Renewables’ experience as one of the nation’s leading wind power project developers and operators has prepared the company to develop and deliver a variety of solar technology solutions. The power purchase agreement with SRP, from what is expected to be one of Iberdrola Renewables’ first solar projects in the U.S., signals the company’s expansion into the solar power business for its utility customers, and it does so with a long term contract from a repeat customer.
The new solar plant will be the third large renewable power project in which SRP has partnered with Portland, Oregon-based Iberdrola Renewables – the Dry Lake Wind Farm Phase 1 was dedicated as Arizona’s first commercial-scale, wind power project in October 2009, and Phase 2 is scheduled to be complete by early 2011.
Iberdrola Renewables also announced a 30 MW solar power sale in Colorado yesterday, for another project slated to begin construction this year. The two combined renewable power purchase agreements mark the worldwide renewables leader’s entrance into the U.S. solar power sector. With a proven track record in wind power, the company plans to bring these 50 megawatts of emission-free solar power to commercial operation by the end of next year.
Salt River Project is the third-largest public power utility in the country and serves more than 930,000 electric customers through a variety of resources including solar, wind, biomass, geothermal and hydroelectricity. In 2004, SRP’s Board of Directors voted to require that 15 percent of the energy generated comes from sustainable resources by 2025. Today, SRP’s sustainable portfolio is 6.5 percent of the total power provided to our customers.
Iberdrola Renewables, Inc. is an American company, headquartered in Portland, Ore., with over 850 employees. It is part of the Iberdrola Renovables global group, the world's leading provider of wind power with more than 11,000 MW of renewable energy in operation around the world, and more than 3,800 MW of that wind power located in the U.S., now bringing its expertise into the solar industry. www.iberdrolarenewables.us
The solar energy will be produced using photovoltaic panels and will produce an amount of energy equal to that needed to serve about 3,100 SRP customers’ homes.
“From wind power to solar, our partnership with Iberdrola Renewables has resulted in thousands of SRP customers benefiting from clean, renewable energy,” said SRP General Manager Richard Silverman.
“Iberdrola Renewables is delighted to partner for the third time with SRP, this time for one of the largest utility-scale projects in Arizona,” said Martin Mugica, executive vice president of Iberdrola Renewables. “SRP has been a leader in bringing clean, renewable energy to Arizona, by purchasing the output of the first commercial-scale wind farms in the state and now with this, one of Iberdrola Renewables’ first solar projects.”
SRP has purchased property located between Quail Run Lane and Attaway Road, and between Judd Road and Bella Vista Road, and will lease a portion of the property to Copper Crossing for the development of the solar facility. The property is adjacent to the Abel receiving station.
Iberdrola Renewables’ experience as one of the nation’s leading wind power project developers and operators has prepared the company to develop and deliver a variety of solar technology solutions. The power purchase agreement with SRP, from what is expected to be one of Iberdrola Renewables’ first solar projects in the U.S., signals the company’s expansion into the solar power business for its utility customers, and it does so with a long term contract from a repeat customer.
The new solar plant will be the third large renewable power project in which SRP has partnered with Portland, Oregon-based Iberdrola Renewables – the Dry Lake Wind Farm Phase 1 was dedicated as Arizona’s first commercial-scale, wind power project in October 2009, and Phase 2 is scheduled to be complete by early 2011.
Iberdrola Renewables also announced a 30 MW solar power sale in Colorado yesterday, for another project slated to begin construction this year. The two combined renewable power purchase agreements mark the worldwide renewables leader’s entrance into the U.S. solar power sector. With a proven track record in wind power, the company plans to bring these 50 megawatts of emission-free solar power to commercial operation by the end of next year.
Salt River Project is the third-largest public power utility in the country and serves more than 930,000 electric customers through a variety of resources including solar, wind, biomass, geothermal and hydroelectricity. In 2004, SRP’s Board of Directors voted to require that 15 percent of the energy generated comes from sustainable resources by 2025. Today, SRP’s sustainable portfolio is 6.5 percent of the total power provided to our customers.
Iberdrola Renewables, Inc. is an American company, headquartered in Portland, Ore., with over 850 employees. It is part of the Iberdrola Renovables global group, the world's leading provider of wind power with more than 11,000 MW of renewable energy in operation around the world, and more than 3,800 MW of that wind power located in the U.S., now bringing its expertise into the solar industry. www.iberdrolarenewables.us
Saturday, October 16, 2010
Hawaii Financial Incentive for Solar
Hawaii property owners who install solar power panels on their rooftops will get paid for their excess homegrown electricity under a Wednesday ruling by state regulators.
The decision allows both homeowners and businesses to sell power to the electric utility and get paid nearly as much per kilowatt hour as residents pay to use retail energy.
Those who sign up for the program will get paid 21.8 cents per kilowatt hour of solar power fed into the electric grid, according to the ruling by the Hawaii Public Utilities Commission. That compares with an average of 25.3 cents per kilowatt hour paid last month by Oahu customers of Hawaiian Electric Co.
"This is an option for people who generate more energy than they use," said Scott Seu, vice president for energy resources at Hawaiian Electric, which serves most of the state's power needs along with its subsidiaries, Maui Electric Co. and Hawaii Electric Light Co. "It's for anybody who has a fair amount of open space that's not being used."
Hawaii, the nation's most fossil-fuel dependent state, is one of the first regions in the country to institute this policy, known as a feed-in tariff. It guarantees renewable energy producers a fixed price for their power for 20 years.
It's part the state's goal of getting 70 percent of its power from clean sources by 2030 - 40 percent from renewables and 30 percent from efficiency improvements.
"You're going to see a lot more renewable energy projects happen a lot quicker," said Darren Kimura, chief executive for Sopogy, a Honolulu-based concentrated solar power company.
Similar feed-in tariff systems have been created in other parts of the country, including Vermont, Oregon, parts of Wisconsin and Gainesville, Fla.
The Hawaii ruling sets rates for small and mid-sized renewable energy producers to sell solar, wind and hydropower. Sign-up for the program starts Oct. 27 on Oahu, and Nov. 24 on the Big Island and Maui.
It allows for electric grids on Oahu, Maui and the Big Island to add up to 5 percent to their current power output - an additional 60 megawatts on Oahu and 10 megawatts on each of the other two islands. The decision doesn't cover Kauai, whose grid is run by Kauai Island Utility Cooperative.
Currently, electric customers statewide may reduce their power bill by providing energy to the grid. But they aren't paid for producing more energy than they use.
Hawaii may see its solar energy production triple from its current level of about 27 megawatts statewide, said Hawaii Energy Administrator Ted Peck.
"It's a gold rush," Peck said. "The intent is to add new systems and new renewables."
The decision caps project size limits at 5 megawatts for the island of Oahu and 2.72 megawatts for Maui and the Big Island.
The decision allows both homeowners and businesses to sell power to the electric utility and get paid nearly as much per kilowatt hour as residents pay to use retail energy.
Those who sign up for the program will get paid 21.8 cents per kilowatt hour of solar power fed into the electric grid, according to the ruling by the Hawaii Public Utilities Commission. That compares with an average of 25.3 cents per kilowatt hour paid last month by Oahu customers of Hawaiian Electric Co.
"This is an option for people who generate more energy than they use," said Scott Seu, vice president for energy resources at Hawaiian Electric, which serves most of the state's power needs along with its subsidiaries, Maui Electric Co. and Hawaii Electric Light Co. "It's for anybody who has a fair amount of open space that's not being used."
Hawaii, the nation's most fossil-fuel dependent state, is one of the first regions in the country to institute this policy, known as a feed-in tariff. It guarantees renewable energy producers a fixed price for their power for 20 years.
It's part the state's goal of getting 70 percent of its power from clean sources by 2030 - 40 percent from renewables and 30 percent from efficiency improvements.
"You're going to see a lot more renewable energy projects happen a lot quicker," said Darren Kimura, chief executive for Sopogy, a Honolulu-based concentrated solar power company.
Similar feed-in tariff systems have been created in other parts of the country, including Vermont, Oregon, parts of Wisconsin and Gainesville, Fla.
The Hawaii ruling sets rates for small and mid-sized renewable energy producers to sell solar, wind and hydropower. Sign-up for the program starts Oct. 27 on Oahu, and Nov. 24 on the Big Island and Maui.
It allows for electric grids on Oahu, Maui and the Big Island to add up to 5 percent to their current power output - an additional 60 megawatts on Oahu and 10 megawatts on each of the other two islands. The decision doesn't cover Kauai, whose grid is run by Kauai Island Utility Cooperative.
Currently, electric customers statewide may reduce their power bill by providing energy to the grid. But they aren't paid for producing more energy than they use.
Hawaii may see its solar energy production triple from its current level of about 27 megawatts statewide, said Hawaii Energy Administrator Ted Peck.
"It's a gold rush," Peck said. "The intent is to add new systems and new renewables."
The decision caps project size limits at 5 megawatts for the island of Oahu and 2.72 megawatts for Maui and the Big Island.
Friday, October 15, 2010
Solar Rodeways Wins a Contract
It looks like the future may be paved with solar panels after all.
In early August, we told you about an out-of-the-box green tech company, named Solar Roadways, that had the audacious plan to replace America’s asphalt roads with textured, glass solar panels that could collect energy, distribute it and simultaneously serve up LED-powered signs (see video below). According to Solar Roadways’ founder Scott Brusaw, the idea is to install a massive solar panel network laid out end-to-end from California to New York that would dramatically change the energy landscape and the country’s literal landscape.
Sounds like a pipe dream, right?
At least that was my first impression— I wondered how the United States with its shoddy infrastructure (asphalt upkeep is hard enough) and burgeoning deficit could pay the $4.4 million per mile of road (per Bursaw’s calculations) to fulfill Brusaw’s vision. But I guess I was wrong. The collective web spoke and of the 3,500-plus applicants in GE’s Ecomagination Challenge, Solar Roadways won the first Challenge Award and $50,000— the equivalent of 10, 12′x 12′ panels.
Akin to the audience choice award, this Challenge prize was based on the community’s vote— roughly 74,000 submissions.
For those unfamiliar with the GE Ecomagination Challenge, it’s a partnership between GE and venture capital firms, Emerald Technology Ventures, Foundation Capital, KPCB and RockPort Capital, to invest $200 million in green tech technologies and startups. The core of the contest is five Innovation Awards, worth $100,000 each, which will be announced in early November. GE may also offer commercial relationships to the applicants.
Still far from the Innovation Award or a lucrative contract with GE, Solar Roadways hasn’t won the homecoming crown just yet. However, Bursaw told us on Thursday that the buzz around the Ecomagination challenge and their recent win has brought new eyeballs (about a 5x increase) to the website and the startup’s Facebook and Myspace pages. The win also doesn’t hurt the company’s chances in securing future funding. On top of the $50,000, Solar Roadways has already secured $100,000 from the Federal Highway Administration and is currently applying for a $750,000 FHWA contract.
Nine hundred thousand will not get Bursaw anywhere near his end goal— and Bursaw acknowledges that his dream would take several decades to complete, if it’s even possible— but he says there are smaller, pragmatic ways to deploy Roadways’ technology. For instance, the company has talked to national retailers like Wal-Mart about putting their panels in parking lots and powering the adjacent store/restaurant with solar energy. Of course, there are about 1,000 steps to go before Bursaw even gets there, like designing the glass structure and texture, improving traction, testing durability, manufacturing the panels on a large scale, etc.
So for now, I’ll believe it when I drive on it.
In early August, we told you about an out-of-the-box green tech company, named Solar Roadways, that had the audacious plan to replace America’s asphalt roads with textured, glass solar panels that could collect energy, distribute it and simultaneously serve up LED-powered signs (see video below). According to Solar Roadways’ founder Scott Brusaw, the idea is to install a massive solar panel network laid out end-to-end from California to New York that would dramatically change the energy landscape and the country’s literal landscape.
Sounds like a pipe dream, right?
At least that was my first impression— I wondered how the United States with its shoddy infrastructure (asphalt upkeep is hard enough) and burgeoning deficit could pay the $4.4 million per mile of road (per Bursaw’s calculations) to fulfill Brusaw’s vision. But I guess I was wrong. The collective web spoke and of the 3,500-plus applicants in GE’s Ecomagination Challenge, Solar Roadways won the first Challenge Award and $50,000— the equivalent of 10, 12′x 12′ panels.
Akin to the audience choice award, this Challenge prize was based on the community’s vote— roughly 74,000 submissions.
For those unfamiliar with the GE Ecomagination Challenge, it’s a partnership between GE and venture capital firms, Emerald Technology Ventures, Foundation Capital, KPCB and RockPort Capital, to invest $200 million in green tech technologies and startups. The core of the contest is five Innovation Awards, worth $100,000 each, which will be announced in early November. GE may also offer commercial relationships to the applicants.
Still far from the Innovation Award or a lucrative contract with GE, Solar Roadways hasn’t won the homecoming crown just yet. However, Bursaw told us on Thursday that the buzz around the Ecomagination challenge and their recent win has brought new eyeballs (about a 5x increase) to the website and the startup’s Facebook and Myspace pages. The win also doesn’t hurt the company’s chances in securing future funding. On top of the $50,000, Solar Roadways has already secured $100,000 from the Federal Highway Administration and is currently applying for a $750,000 FHWA contract.
Nine hundred thousand will not get Bursaw anywhere near his end goal— and Bursaw acknowledges that his dream would take several decades to complete, if it’s even possible— but he says there are smaller, pragmatic ways to deploy Roadways’ technology. For instance, the company has talked to national retailers like Wal-Mart about putting their panels in parking lots and powering the adjacent store/restaurant with solar energy. Of course, there are about 1,000 steps to go before Bursaw even gets there, like designing the glass structure and texture, improving traction, testing durability, manufacturing the panels on a large scale, etc.
So for now, I’ll believe it when I drive on it.
Thursday, October 14, 2010
Duke Energy Financing Solar Projects
Duke Energy says it has formed a partnership with two other companies to build and finance solar projects across the United States.
Duke Energy Generation Services, a nonregulated commercial unit that develops power projects, will join Integrys Energy Services in jointly owning rooftop and smaller ground-mounted photovoltaic solar arrays. The projects will sell electricity to commercial, government and utility customers under long-term agreements.
Smart Energy Capital, a Mount Kisco, N.Y., firm focused on solar power, will develop and arrange financing for the projects.
The arrangement will allow renewable energy to be delivered close to where it will be used, with reliable financing, the companies said. Over the next two years, Duke and Integrys expect to invest up to $180 million in capital for projects of 500 kilowatts and larger, and will operate the installations.
Duke Energy Generation Services, a nonregulated commercial unit that develops power projects, will join Integrys Energy Services in jointly owning rooftop and smaller ground-mounted photovoltaic solar arrays. The projects will sell electricity to commercial, government and utility customers under long-term agreements.
Smart Energy Capital, a Mount Kisco, N.Y., firm focused on solar power, will develop and arrange financing for the projects.
The arrangement will allow renewable energy to be delivered close to where it will be used, with reliable financing, the companies said. Over the next two years, Duke and Integrys expect to invest up to $180 million in capital for projects of 500 kilowatts and larger, and will operate the installations.
Tuesday, October 12, 2010
Solar Innovation Continues
Enphase Energy Inc., the leader in solar microinverter systems, today announced that its microinverter technology will power 4.5MW of solar projects developed and operated by Main Street Power, a national solar developer, and financed by Morgan Stanley, a leading global financial institution.
The projects will be installed across approximately 36 sites, with system sizes ranging from 30kW to more than 300kW. The clean energy generated by the projects will be sold by Main Street to the San Diego Unified School District through a 20-year power purchase agreement (PPA). Morgan Stanley will provide the financing for the projects, enabling the school district to immediately begin saving on energy costs.
"We included Enphase in our proposal because it offered substantial cost savings in system design, operation and maintenance, while also increasing energy harvest and system reliability," said Eric Hinckley, senior vice president of Main Street Power. "In addition, the Enphase Microinverters eliminated the need for a pad-mounted central inverter and high-voltage DC wiring, which improves safety and security for the schools."
Installing a pad-mounted central inverter in a high-traffic area can expose a solar system to tampering, vandalism and damage. Enphase Microinverters are installed directly under solar modules on the rooftop, so they do not require vulnerable ground-based equipment.
Outside their security benefits, Enphase Microinverters simplify solar system design by eliminating DC components, string design and inverter sizing for the solar system. In addition, Enphase Microinverters improve system performance by maximizing the power production of individual solar modules and increasing overall system availability to greater than 99.8 percent.
"We have been working with Enphase for more than a year, gaining insight into the company's technology, operations and capital structure," said Martin Mobley, vice president of Morgan Stanley & Co. Incorporated. "We are impressed with the performance and reliability that Enphase provides commercial solar systems."
"Enphase is quickly proving its value in medium- and large-commercial solar projects," said Jeff Loebbaka, vice president of worldwide sales, Enphase Energy. "Our collaboration with partners like Main Street and Morgan Stanley is helping us to improve our offering and to make microinverters a more attractive product at increasingly large scales."
About Enphase Enphase Energy provides solar energy management systems for residential and commercial markets. The company offers a system that includes high efficiency microinverters, communications and Web-based monitoring and analysis. The systems increase energy harvest, improve system reliability and simplify design, installation and management. Founded in 2006 and based in Northern California, the company is led by veterans from the solar and high-tech industries and backed by industry leaders. For more information about Enphase, please visit www.enphaseenergy.com.
The projects will be installed across approximately 36 sites, with system sizes ranging from 30kW to more than 300kW. The clean energy generated by the projects will be sold by Main Street to the San Diego Unified School District through a 20-year power purchase agreement (PPA). Morgan Stanley will provide the financing for the projects, enabling the school district to immediately begin saving on energy costs.
"We included Enphase in our proposal because it offered substantial cost savings in system design, operation and maintenance, while also increasing energy harvest and system reliability," said Eric Hinckley, senior vice president of Main Street Power. "In addition, the Enphase Microinverters eliminated the need for a pad-mounted central inverter and high-voltage DC wiring, which improves safety and security for the schools."
Installing a pad-mounted central inverter in a high-traffic area can expose a solar system to tampering, vandalism and damage. Enphase Microinverters are installed directly under solar modules on the rooftop, so they do not require vulnerable ground-based equipment.
Outside their security benefits, Enphase Microinverters simplify solar system design by eliminating DC components, string design and inverter sizing for the solar system. In addition, Enphase Microinverters improve system performance by maximizing the power production of individual solar modules and increasing overall system availability to greater than 99.8 percent.
"We have been working with Enphase for more than a year, gaining insight into the company's technology, operations and capital structure," said Martin Mobley, vice president of Morgan Stanley & Co. Incorporated. "We are impressed with the performance and reliability that Enphase provides commercial solar systems."
"Enphase is quickly proving its value in medium- and large-commercial solar projects," said Jeff Loebbaka, vice president of worldwide sales, Enphase Energy. "Our collaboration with partners like Main Street and Morgan Stanley is helping us to improve our offering and to make microinverters a more attractive product at increasingly large scales."
About Enphase Enphase Energy provides solar energy management systems for residential and commercial markets. The company offers a system that includes high efficiency microinverters, communications and Web-based monitoring and analysis. The systems increase energy harvest, improve system reliability and simplify design, installation and management. Founded in 2006 and based in Northern California, the company is led by veterans from the solar and high-tech industries and backed by industry leaders. For more information about Enphase, please visit www.enphaseenergy.com.
Solar Panel Installation Sometimes Not Enough
What if the guy installing your new solar panels could also fix your ducts and fit your home for energy-efficient lights? SolarCity, the largest provider of residential solar power in California, is now also the first provider to offer home energy efficiency improvements. It's a move that should cushion SolarCity's bottom line, as well as that of its customers.
As part of SolarCity's Home TuneUp option, solar lease customers can opt for a detailed home efficiency evaluation and a package of energy-saving home improvements. During the program's rollout period (about two months), SolarCity will offer minor improvements--including duct leakage fixes, programmable thermostats, energy efficient lights--for free. Simple improvements are done on the same day as the solar installation and home efficiency evaluation, but major upgrades (such as a new HVAC system) are done later. SolarCity will charge for parts.
"A lot of these upgrades will have to happen anyway," explains SolarCity CEO Lyndon Rive. "We end up replacing things when they break, and it's often a time of severe discomfort. For example, HVAC systems have a certain lifespan, and they break when it's really cold or really hot. We explain this to customers."
The Home TuneUp is currently only available in California, but SolarCity plans to roll it out to other markets in the coming months. "There are solar companies that outsource this kind of thing," Rive says. "We just send more people."
As part of SolarCity's Home TuneUp option, solar lease customers can opt for a detailed home efficiency evaluation and a package of energy-saving home improvements. During the program's rollout period (about two months), SolarCity will offer minor improvements--including duct leakage fixes, programmable thermostats, energy efficient lights--for free. Simple improvements are done on the same day as the solar installation and home efficiency evaluation, but major upgrades (such as a new HVAC system) are done later. SolarCity will charge for parts.
"A lot of these upgrades will have to happen anyway," explains SolarCity CEO Lyndon Rive. "We end up replacing things when they break, and it's often a time of severe discomfort. For example, HVAC systems have a certain lifespan, and they break when it's really cold or really hot. We explain this to customers."
The Home TuneUp is currently only available in California, but SolarCity plans to roll it out to other markets in the coming months. "There are solar companies that outsource this kind of thing," Rive says. "We just send more people."
Sunday, October 10, 2010
Sun State is Solar State
BROOKSVILLE - Lisa and Lauren Daughrity remember a time when they used to hang their clothes to air dry instead of using the dryer and always had to monitor how much they ran the air-conditioning.
Now thanks to Lisa's husband Bill, she and daughter Lauren, 16, can beat the Florida heat with a cool house and enjoy having dry clothes in an hour.
Bill Daughrity, a retired computer programmer and landlord, decided he wanted his family to enjoy luxuries like air-conditioning and dryers while also cutting down on his electric bill, so instead of just turning off lights when leaving a room or keeping the air-conditioning at a constant 78 degrees, Daughrity took it a step further and installed solar panels in his yard.
"It's great. Now I can run the dryer and the AC freely," Lisa Daughrity said.
After spending last summer researching the advantages of solar panels on the Internet, Bill Daughrity bought 44 panels and various supplies to install them, such as grid-tied inverters and steel, from around the country.
Daughrity filed for a permit that allowed him to install the panels himself and spent two months mounting the panels on a 30 degree tilt in order to get the maximum amount of power throughout the year.
Together, the panels generate 4,000 watts, each running at 205 watts, more than enough for Daughrity to power his house.
Energy from the sun goes through the panels to the grid-tied inverters that convert the energy to run the air-conditioning, refrigerator, televisions and other electric appliances. Any excess energy generated goes back through the inverters and back onto the power lines.
On a cloudy day, the panels produce less power, but Daughrity said he uses the excess energy that the panels produce on sunny days.
"Right now I'm producing more than I use," said Daughrity, who lives northeast of Brooksville off Danmar Avenue.
When there is a power outage, the solar panels will still convert energy but the inverters will automatically shutdown out of safety to electricians who may be checking the power lines.
Daughrity installed a switch that will disconnect his inverters from the main power lines so he can still power his house while not running the risk of hurting someone.
"This would be good for power outages if you want to keep running the refrigerator and so on," he said.
Daughrity said the total cost for purchasing and installing the panels himself was about $32,000. However, the federal government gave Daughrity 30 percent back of what he spent on the panels. Also, the state doesn't tax on environmental purchases like solar panels.
So he spent about $22,000 out of pocket.
"There are incentives to go green," he said. "I have a lot of money invested in this. It will pay off in about 12 years."
Daughrity said a bad economy and high electric bills was his incentive to install the solar panels.
During the winter, his electric bill went as high as $250 a month. Now Daughrity has gotten his bill down to as low as $27 a month.
"It saves us a lot of money that can go towards other things," he said.
Although installing solar panels and inverters is costly, Daughrity said even a few panels can make a difference.
"Anything anybody can do to help offset the fuel we burn has got to help," he said.
Daughrity said he bought 24 Kyocera and 20 Evergreen solar panels from Sun Electric in Miami and miscellaneous equipment from Sunny Boy Inverters, Northern Arizona Sun and Wind and Tampa Steel.
For questions about solar energy, Daugrity can be reached at wldinvestment@bellsouth.net.
Now thanks to Lisa's husband Bill, she and daughter Lauren, 16, can beat the Florida heat with a cool house and enjoy having dry clothes in an hour.
Bill Daughrity, a retired computer programmer and landlord, decided he wanted his family to enjoy luxuries like air-conditioning and dryers while also cutting down on his electric bill, so instead of just turning off lights when leaving a room or keeping the air-conditioning at a constant 78 degrees, Daughrity took it a step further and installed solar panels in his yard.
"It's great. Now I can run the dryer and the AC freely," Lisa Daughrity said.
After spending last summer researching the advantages of solar panels on the Internet, Bill Daughrity bought 44 panels and various supplies to install them, such as grid-tied inverters and steel, from around the country.
Daughrity filed for a permit that allowed him to install the panels himself and spent two months mounting the panels on a 30 degree tilt in order to get the maximum amount of power throughout the year.
Together, the panels generate 4,000 watts, each running at 205 watts, more than enough for Daughrity to power his house.
Energy from the sun goes through the panels to the grid-tied inverters that convert the energy to run the air-conditioning, refrigerator, televisions and other electric appliances. Any excess energy generated goes back through the inverters and back onto the power lines.
On a cloudy day, the panels produce less power, but Daughrity said he uses the excess energy that the panels produce on sunny days.
"Right now I'm producing more than I use," said Daughrity, who lives northeast of Brooksville off Danmar Avenue.
When there is a power outage, the solar panels will still convert energy but the inverters will automatically shutdown out of safety to electricians who may be checking the power lines.
Daughrity installed a switch that will disconnect his inverters from the main power lines so he can still power his house while not running the risk of hurting someone.
"This would be good for power outages if you want to keep running the refrigerator and so on," he said.
Daughrity said the total cost for purchasing and installing the panels himself was about $32,000. However, the federal government gave Daughrity 30 percent back of what he spent on the panels. Also, the state doesn't tax on environmental purchases like solar panels.
So he spent about $22,000 out of pocket.
"There are incentives to go green," he said. "I have a lot of money invested in this. It will pay off in about 12 years."
Daughrity said a bad economy and high electric bills was his incentive to install the solar panels.
During the winter, his electric bill went as high as $250 a month. Now Daughrity has gotten his bill down to as low as $27 a month.
"It saves us a lot of money that can go towards other things," he said.
Although installing solar panels and inverters is costly, Daughrity said even a few panels can make a difference.
"Anything anybody can do to help offset the fuel we burn has got to help," he said.
Daughrity said he bought 24 Kyocera and 20 Evergreen solar panels from Sun Electric in Miami and miscellaneous equipment from Sunny Boy Inverters, Northern Arizona Sun and Wind and Tampa Steel.
For questions about solar energy, Daugrity can be reached at wldinvestment@bellsouth.net.
Friday, October 8, 2010
SolarFun Gets Investor Funds
SHANGHAI, Oct. 8 /PRNewswire-FirstCall/ -- Solarfun Power Holdings Co., Ltd. ("Solarfun") (Nasdaq: SOLF), a vertically integrated manufacturer of silicon ingots, wafers and photovoltaic ("PV") cells and modules in China, announced the closing of Hanwha Chemical Corporation's ("Hanwha Chemical") strategic investment in Solarfun. According to the terms of the agreement, Hanwha Chemical purchased 36,455,089 ordinary shares from Solarfun at a price of RMB14.51 (US$2.144) per ordinary share, which corresponds to a price of US$10.72 per American Depositary Share ("ADS"). The total proceeds to Solarfun amounted to approximately US$78 million, which Solarfun currently expect to use to fund its expansion plans and for general corporate purposes. Hanwha Chemical (009830.KS) is a leading global chemical company headquartered in Korea.
In addition, Hanwha Chemical has completed the acquisitions from Good Energies II LP ("Good Energies") and Yonghua Solar Power Investment Holding Ltd. ("Yonghua") of a total of 120,407,700 Solarfun ordinary shares and 1,281,011 Solarfun ADSs, representing all of the ordinary shares and ADSs held by them. Immediately after the closing of the purchase of ordinary shares and ADSs from the Company, Good Energies and Yonghua, Hanwha Chemical owned approximately a 49.99% interest in Solarfun.
In connection with the transaction, Hanwha Chemical and Solarfun entered into a shareholders agreement that provides for, among other things, certain governance rights for Hanwha Chemical, including board representation, consent rights and registration rights, and certain obligations of Hanwha Chemical, including transfer restrictions and standstill arrangements. As a result, effective September 16, 2010, Mr. Yonghua Lu and Mr. John Breckenridge resigned as directors and Mr. Terry McCarthy and Professor Rongqiang Cui resigned as independent directors of Solarfun. On the same date, three designees from Hanwha Chemical, Mr. Ki-Joon Hong, Mr. Dong Kwan Kim and Mr. Wook Jin Yoon, were appointed as directors of Solarfun.
Ki-Joon Hong is the CEO of Hanwha Chemical Corporation. Prior to his current position, Ki-Joon was the CEO of Hanwha's pharmaceutical and refinery businesses. Under his leadership, Hanwha Chemical entered into solar energy and secondary battery businesses and also actively expanded its overseas operations, forming a joint venture in Saudi Arabia and building a PVC factory in Ningbo, Zhejiang. He received a B.S. in Chemical Engineering from Seoul National University.
Dong Kwan Kim is the Managing Director, Corporate Strategy of Hanwha Corporation. His responsibilities include formulation and execution of the Hanwha Group's solar strategy across the entire value chain from polysilicon to downstream operations. Dong Kwan brings extensive leadership and strategic development experience to Hanwha with his background as an officer in the Republic of Korea Air Force. He received a B.A. in Government from Harvard University.
Wook Jin Yoon is the Director of the investment management team at the Management & Planning headquarters of Hanwha Group. Before assuming his current responsibility, he was the president of Hanwha Investment & Trust Company. He graduated from Seoul National University with a B.A. in Economics.
About Solarfun
Solarfun Power Holdings Ltd. (NASDAQ: SOLF) is a leading manufacturer of solar PV cells and modules in China, focusing on delivering high quality and reliable products at competitive prices. Solarfun produces its monocrystalline and polycrystalline products at its internationally certified, vertically-integrated manufacturing facilities. Solarfun partners with third-party distributors, OEM manufacturers, and system integrators to sell its modules into large-scale utility, commercial and governmental, and residential/small commercial markets. Solarfun maintains a strong global presence with local staff throughout Europe, North America, and Asia. Solarfun embraces environmental responsibility and sustainability by taking an active role in the photovoltaic cycle voluntary recycling program. For more information, visit: www.solarfun-power.com. SOLF-G
SAFE HARBOR STATEMENT
This press release contains forward-looking statements. These statements constitute "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements involve inherent risks and uncertainties and actual results may differ materially from such estimates depending on future events and other changes in business climate and market conditions. Solarfun disclaims any obligation to update or correct any forward-looking statements.
For further information, please contact:
Solarfun Power Holdings Co., Ltd.
Investor Contact:
Paul Combs
V.P. Strategic Planning
Building 1, 18th Floor
1199 Minsheng Road, Shanghai, PRC 200135
P. R. China
Tel: 86-21-3852 1533 / Mobile: 86 138 1612 2768
E-mail: paul.combs@solarfun-power.com
Christensen
Kathy Li
Tel: +1 480 614 3036
E-mail: kli@ChristensenIR.com
Tip Fleming
Tel: +852 9212 0684
E-mail: tfleming@ChristensenIR.com
In addition, Hanwha Chemical has completed the acquisitions from Good Energies II LP ("Good Energies") and Yonghua Solar Power Investment Holding Ltd. ("Yonghua") of a total of 120,407,700 Solarfun ordinary shares and 1,281,011 Solarfun ADSs, representing all of the ordinary shares and ADSs held by them. Immediately after the closing of the purchase of ordinary shares and ADSs from the Company, Good Energies and Yonghua, Hanwha Chemical owned approximately a 49.99% interest in Solarfun.
In connection with the transaction, Hanwha Chemical and Solarfun entered into a shareholders agreement that provides for, among other things, certain governance rights for Hanwha Chemical, including board representation, consent rights and registration rights, and certain obligations of Hanwha Chemical, including transfer restrictions and standstill arrangements. As a result, effective September 16, 2010, Mr. Yonghua Lu and Mr. John Breckenridge resigned as directors and Mr. Terry McCarthy and Professor Rongqiang Cui resigned as independent directors of Solarfun. On the same date, three designees from Hanwha Chemical, Mr. Ki-Joon Hong, Mr. Dong Kwan Kim and Mr. Wook Jin Yoon, were appointed as directors of Solarfun.
Ki-Joon Hong is the CEO of Hanwha Chemical Corporation. Prior to his current position, Ki-Joon was the CEO of Hanwha's pharmaceutical and refinery businesses. Under his leadership, Hanwha Chemical entered into solar energy and secondary battery businesses and also actively expanded its overseas operations, forming a joint venture in Saudi Arabia and building a PVC factory in Ningbo, Zhejiang. He received a B.S. in Chemical Engineering from Seoul National University.
Dong Kwan Kim is the Managing Director, Corporate Strategy of Hanwha Corporation. His responsibilities include formulation and execution of the Hanwha Group's solar strategy across the entire value chain from polysilicon to downstream operations. Dong Kwan brings extensive leadership and strategic development experience to Hanwha with his background as an officer in the Republic of Korea Air Force. He received a B.A. in Government from Harvard University.
Wook Jin Yoon is the Director of the investment management team at the Management & Planning headquarters of Hanwha Group. Before assuming his current responsibility, he was the president of Hanwha Investment & Trust Company. He graduated from Seoul National University with a B.A. in Economics.
About Solarfun
Solarfun Power Holdings Ltd. (NASDAQ: SOLF) is a leading manufacturer of solar PV cells and modules in China, focusing on delivering high quality and reliable products at competitive prices. Solarfun produces its monocrystalline and polycrystalline products at its internationally certified, vertically-integrated manufacturing facilities. Solarfun partners with third-party distributors, OEM manufacturers, and system integrators to sell its modules into large-scale utility, commercial and governmental, and residential/small commercial markets. Solarfun maintains a strong global presence with local staff throughout Europe, North America, and Asia. Solarfun embraces environmental responsibility and sustainability by taking an active role in the photovoltaic cycle voluntary recycling program. For more information, visit: www.solarfun-power.com. SOLF-G
SAFE HARBOR STATEMENT
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Solar Project Approved on Federal California Land
BrightSource Energy Inc. won approval from U.S. Secretary of the Interior Ken Salazar for the Ivanpah Solar Electric Generating System, the first large-scale solar energy project on U.S. public lands to use “power tower” technology.
BrightSource plans to start construction on the 392- megawatt Ivanpah plant in December and complete work in 2012. The project will use pole-mounted mirrors, or heliostats, to reflect the sun’s rays to boilers mounted on top of towers, heating the water inside to more than 1,000 degrees Fahrenheit (538 degrees Celsius). The resulting steam will then be piped to an electricity-generating turbine.
The approval comes two days after Salazar granted leases to Chevron Corp. and Tessera Solar for solar power projects on federal land in California totaling 754 megawatts.
Edison’s Southern California Edison utility in August won permission to buy 117 megawatts from the Ivanpah solar plant being developed in California’s Mojave Desert by closely held BrightSource. PG&E Corp. was approved to buy 275 megawatts from the project. A megawatt is enough power for about 800 typical U.S. homes, according to the Energy Information Administration.
The Ivanpah plant will be located on federal property controlled by the Bureau of Land Management in Ivanpah, about 50 miles (80 kilometers) northwest of Needles, California, in San Bernardino County.
BrightSource plans to start construction on the 392- megawatt Ivanpah plant in December and complete work in 2012. The project will use pole-mounted mirrors, or heliostats, to reflect the sun’s rays to boilers mounted on top of towers, heating the water inside to more than 1,000 degrees Fahrenheit (538 degrees Celsius). The resulting steam will then be piped to an electricity-generating turbine.
The approval comes two days after Salazar granted leases to Chevron Corp. and Tessera Solar for solar power projects on federal land in California totaling 754 megawatts.
Edison’s Southern California Edison utility in August won permission to buy 117 megawatts from the Ivanpah solar plant being developed in California’s Mojave Desert by closely held BrightSource. PG&E Corp. was approved to buy 275 megawatts from the project. A megawatt is enough power for about 800 typical U.S. homes, according to the Energy Information Administration.
The Ivanpah plant will be located on federal property controlled by the Bureau of Land Management in Ivanpah, about 50 miles (80 kilometers) northwest of Needles, California, in San Bernardino County.
Thursday, October 7, 2010
Standard Solar Applauds White House Decision
Solar power is an efficient and cost-effective way to power a home,” said Tony Clifford, CEO of Standard Solar. “The fact that it will now be used on the home of the President further signals the government’s acknowledgement of that fact, as well as President Obama’s commitment to renewable energy.”
In 2008, Standard Solar installed a solar electric system on the Department of Energy’s Forrestal Building, adjacent to the National Mall, making it the first government agency to adopt a roof-mounted solar array demonstrating the viability of solar energy for tens of thousands of commercial and government building rooftops. The 205-kilowatt system provides up to 8% of the Forrestal Complex’s energy during peak demand hours and generates approximately 215 megawatt hours of clean electricity each year. More information on this project can be found here: http://www.standardsolar.com/Commercial/Case-Studies/CASE-STUDY--U-S--Department-of-Energy-Headquarters.aspx
Government incentives and tax credits have helped make solar energy systems more affordable solutions for homeowners and businesses. The decision to install solar panels and a solar hot water heater on the roof of the White House Residence was announced Tuesday, as October’s National Energy Awareness Month gets underway.
About Standard Solar
Standard Solar, Inc. is a leader in the full-service development, construction, integration, financing and installation of solar electric systems. Dedicated to making solar solutions more accessible to consumers, businesses, institutions and governments, the company is leading the way to energy independence. Since 2004, Standard Solar has been the partner of choice to make solar energy financially accessible, helping customers through financing options, including Power Purchase Agreements (PPAs) and navigating expanded federal and state and local tax credits. The company’s Standard Energy Solutions (SES) division provides energy auditing and retrofitting services for energy improvement projects. Ranked the 73rd Fastest Growing Private Company in America in 2010 by Inc. magazine, and the highest ranking renewable energy company on the list, Standard Solar is headquartered in Rockville, MD. For more information, please visit www.standardsolar.com.
In 2008, Standard Solar installed a solar electric system on the Department of Energy’s Forrestal Building, adjacent to the National Mall, making it the first government agency to adopt a roof-mounted solar array demonstrating the viability of solar energy for tens of thousands of commercial and government building rooftops. The 205-kilowatt system provides up to 8% of the Forrestal Complex’s energy during peak demand hours and generates approximately 215 megawatt hours of clean electricity each year. More information on this project can be found here: http://www.standardsolar.com/Commercial/Case-Studies/CASE-STUDY--U-S--Department-of-Energy-Headquarters.aspx
Government incentives and tax credits have helped make solar energy systems more affordable solutions for homeowners and businesses. The decision to install solar panels and a solar hot water heater on the roof of the White House Residence was announced Tuesday, as October’s National Energy Awareness Month gets underway.
About Standard Solar
Standard Solar, Inc. is a leader in the full-service development, construction, integration, financing and installation of solar electric systems. Dedicated to making solar solutions more accessible to consumers, businesses, institutions and governments, the company is leading the way to energy independence. Since 2004, Standard Solar has been the partner of choice to make solar energy financially accessible, helping customers through financing options, including Power Purchase Agreements (PPAs) and navigating expanded federal and state and local tax credits. The company’s Standard Energy Solutions (SES) division provides energy auditing and retrofitting services for energy improvement projects. Ranked the 73rd Fastest Growing Private Company in America in 2010 by Inc. magazine, and the highest ranking renewable energy company on the list, Standard Solar is headquartered in Rockville, MD. For more information, please visit www.standardsolar.com.
Wednesday, October 6, 2010
Georgia on Solar Move
The Solar Purchase Tariff will allow Georgia Power to purchase an additional 1.5 megawatts (MW) of solar capacity from customers at 17 cents per kilowatt-hour (kWh) for generating facilities designed to produce less than 100 kilowatts. Customers who sell solar under the new tariff must agree to share all cost and operational information with Georgia Power so that the company can gain experience in solar electricity generation.
The company will also issue a request for proposals (RFP) for an additional 1 MW of solar capacity with no project size restriction. Georgia Power will consider solar proposals in this RFP with a price of 15 cents per kWh or less.
Georgia Power will use this solar energy to supply the Premium Green Energy product. Customers can purchase 100-kilowatt-hour blocks of Premium Green Energy with a 50 percent solar component for $5 per block or Standard Green Energy, generated from biomass sources, for $3.50 per block.
Since Georgia Power began the Green Energy program in October 2006, nearly 4,200 customers have committed to purchase approximately 3.8 million kilowatt-hours of green energy, or enough electricity to power approximately 3,800 homes using 1,000 kilowatt-hours a month.
"Since we began offering customers a 50 percent solar option, we've added almost 1,000 new blocks of the Premium Green Energy product to the program," said Angela Strickland, director of Energy Efficiency. "By increasing our solar capacity in the program to 5.4 MW, we hope to keep pace with the significant growth of solar purchases by our customers both now and in the future."
Georgia Power will continue to offer its Renewable-Non Renewable Resources (RNR) tariff to customers who use their solar facilities to either offset their electricity bill or who sell the power back to Georgia Power at the company's solar avoided cost.
Georgia Power's Solar Purchase Tariff and revised RNR tariff will go into effect Jan. 1, 2011.
Georgia Power customers can sign up to buy Green Energy at http://www.georgiapower.com/greenenergy.
Georgia Power is the largest subsidiary of Southern Company, one of the nation's largest generators of electricity. The company is an investor-owned, tax-paying utility with rates well below the national average. Georgia Power serves 2.3 million customers in all but four of Georgia's 159 counties.
The company will also issue a request for proposals (RFP) for an additional 1 MW of solar capacity with no project size restriction. Georgia Power will consider solar proposals in this RFP with a price of 15 cents per kWh or less.
Georgia Power will use this solar energy to supply the Premium Green Energy product. Customers can purchase 100-kilowatt-hour blocks of Premium Green Energy with a 50 percent solar component for $5 per block or Standard Green Energy, generated from biomass sources, for $3.50 per block.
Since Georgia Power began the Green Energy program in October 2006, nearly 4,200 customers have committed to purchase approximately 3.8 million kilowatt-hours of green energy, or enough electricity to power approximately 3,800 homes using 1,000 kilowatt-hours a month.
"Since we began offering customers a 50 percent solar option, we've added almost 1,000 new blocks of the Premium Green Energy product to the program," said Angela Strickland, director of Energy Efficiency. "By increasing our solar capacity in the program to 5.4 MW, we hope to keep pace with the significant growth of solar purchases by our customers both now and in the future."
Georgia Power will continue to offer its Renewable-Non Renewable Resources (RNR) tariff to customers who use their solar facilities to either offset their electricity bill or who sell the power back to Georgia Power at the company's solar avoided cost.
Georgia Power's Solar Purchase Tariff and revised RNR tariff will go into effect Jan. 1, 2011.
Georgia Power customers can sign up to buy Green Energy at http://www.georgiapower.com/greenenergy.
Georgia Power is the largest subsidiary of Southern Company, one of the nation's largest generators of electricity. The company is an investor-owned, tax-paying utility with rates well below the national average. Georgia Power serves 2.3 million customers in all but four of Georgia's 159 counties.
Tuesday, October 5, 2010
Free Solar Event in Los Angeles October 13, 2010
LOS ANGELES, Oct 04, 2010 (BUSINESS WIRE) -- Solar Power International 2010, the largest business-to-business solar conference and expo in North America, opens its doors to the public on Oct. 13, from 5:30 -- 8:30 p.m. During this free event at the Los Angeles Convention Center, those attending Public Night can browse solar products from more than 1,100 exhibitors, learn about the latest solar energy technology for their home or business, and attend free educational workshops about everything from home installation to climate change. Attendees can also find out about solar jobs at the Job Centers located in both South and West Halls of the Los Angeles Convention Center.
In previous years, SPI's Public Night has been a popular event, drawing more than 5,000 people interested in learning about the latest solar technology. This is a unique opportunity for southern Californians to learn about the many different ways of capturing and using solar energy, all under one roof. The expo floor is segmented by product category, making the show easy to navigate for individuals or business owners looking to go solar.
"Our annual Public Night is an important part of our show program, since it's one of our biggest opportunities to educate the public about the benefits of solar energy," said Brian Tully, executive director of Solar Energy Trade Shows. "We hope people leave Public Night with ideas about how to get involved, whether it's using solar energy for their home or business, or getting a job in the growing solar industry."
Session topics for SPI's free educational workshops include:
Solar Water Heating 101 for Homeowners: Solar water heating is a well-established option to reduce a home's energy bills and carbon footprint. There are great incentives for solar water heating equipment and a growing number of vendors ready to install home systems. This session presents how solar water heaters work, what options are available, and how to proceed with a residential solar water heating energy project. Presented by: Los Angeles Renewable Energy Society California Solar Initiative Public Forum: California has set a goal to create 3,000 megawatts of new, solar-produced electricity by 2017. The CPUC's California Solar Initiative program provides incentives to existing residential and business customers when installing solar systems. This forum provides an overview of the progress of the program, upcoming changes and a panel discussion. Presented by: California Solar Initiative Solar Electricity 101 for Homeowners: Solar PV is quickly becoming a mainstream option for homeowners. Yet the technology options are many and it is challenging to assess the economic proposition presented by solar installers. Which technology is right for which home? What should homeowners expect once the system is installed? This session presents what the technology is, how it works, what options are available, and how to proceed with a residential-retrofit energy project. Presented by: California Solar Energy Industries Association Climate Presentation, Problems and Solutions Based on "An Inconvenient Truth" and "Our Choice" by Al Gore: The Climate Project's (TCP) mission is to educate the public about the harmful effects of climate change and to work toward solutions at a grassroots level worldwide. Each TCP presenter delivers a version of Gore's slideshow based on his best-selling books and the Academy Award-winning documentary film "An Inconvenient Truth." As part of this select group of 1,200 individuals in the U.S. chosen to become TCP presenters, Jeff completed the TCP training program in 2007. Less time is spent on defending the climate science and more solutions are now presented in the slideshow, since climate change is now more widely understood and accepted. Presented by: Jeff Wolfe, PV division chair of SEIA, The Climate Project- trained presenter
Solar Power International 2010 is the largest and most comprehensive business-to-business solar industry event in North America and the premiere destination for global and local solar companies conducting business in the U.S. On Thursday, Sept. 23, Trade Show Executive named Solar Power International the fastest growing show that exhibitors are flocking to, as well as Show to Watch in the coming years. For the 27,000+ attendees from 90 countries expected to attend, the event features 200 industry speakers, more than 35 break-out sessions, and dozens of half- and full-day educational training workshops. The conference is a must-attend event for solar industry professionals, utility executives, investors, engineers and policymakers.
The event is presented by the Solar Electric Power Association and the Solar Energy Industries Association, nonprofit groups based in Washington, D.C.
Additional information about Public Night, registration, sponsorship, exhibitors and programs can be found at www.solarpowerinternational.com.
The Solar Electric Power Association (SEPA) is an educational non-profit organization dedicated to helping utilities integrate solar power into their energy portfolios. With more than 700 utility and solar industry members, SEPA provides unbiased utility solar market intelligence, up-to-date information about technologies and business models, and peer-to-peer interaction. From hosting national events to one-on-one counseling, SEPA helps utilities make smart solar decisions. For more information, visit www.solarelectricpower.org.
Solar Energy Industries Association Established in 1974, the Solar Energy Industries Association is the national trade association of the U.S. solar energy industry. Through advocacy and education, SEIA is working to build a strong solar industry to power America. As the voice of the industry, SEIA works with its 1,000 member companies to make solar a mainstream and significant energy source by expanding markets, removing market barriers, strengthening the industry and educating the public on the benefits of solar energy. www.seia.org
SOURCE: Solar Power International
In previous years, SPI's Public Night has been a popular event, drawing more than 5,000 people interested in learning about the latest solar technology. This is a unique opportunity for southern Californians to learn about the many different ways of capturing and using solar energy, all under one roof. The expo floor is segmented by product category, making the show easy to navigate for individuals or business owners looking to go solar.
"Our annual Public Night is an important part of our show program, since it's one of our biggest opportunities to educate the public about the benefits of solar energy," said Brian Tully, executive director of Solar Energy Trade Shows. "We hope people leave Public Night with ideas about how to get involved, whether it's using solar energy for their home or business, or getting a job in the growing solar industry."
Session topics for SPI's free educational workshops include:
Solar Water Heating 101 for Homeowners: Solar water heating is a well-established option to reduce a home's energy bills and carbon footprint. There are great incentives for solar water heating equipment and a growing number of vendors ready to install home systems. This session presents how solar water heaters work, what options are available, and how to proceed with a residential solar water heating energy project. Presented by: Los Angeles Renewable Energy Society California Solar Initiative Public Forum: California has set a goal to create 3,000 megawatts of new, solar-produced electricity by 2017. The CPUC's California Solar Initiative program provides incentives to existing residential and business customers when installing solar systems. This forum provides an overview of the progress of the program, upcoming changes and a panel discussion. Presented by: California Solar Initiative Solar Electricity 101 for Homeowners: Solar PV is quickly becoming a mainstream option for homeowners. Yet the technology options are many and it is challenging to assess the economic proposition presented by solar installers. Which technology is right for which home? What should homeowners expect once the system is installed? This session presents what the technology is, how it works, what options are available, and how to proceed with a residential-retrofit energy project. Presented by: California Solar Energy Industries Association Climate Presentation, Problems and Solutions Based on "An Inconvenient Truth" and "Our Choice" by Al Gore: The Climate Project's (TCP) mission is to educate the public about the harmful effects of climate change and to work toward solutions at a grassroots level worldwide. Each TCP presenter delivers a version of Gore's slideshow based on his best-selling books and the Academy Award-winning documentary film "An Inconvenient Truth." As part of this select group of 1,200 individuals in the U.S. chosen to become TCP presenters, Jeff completed the TCP training program in 2007. Less time is spent on defending the climate science and more solutions are now presented in the slideshow, since climate change is now more widely understood and accepted. Presented by: Jeff Wolfe, PV division chair of SEIA, The Climate Project- trained presenter
Solar Power International 2010 is the largest and most comprehensive business-to-business solar industry event in North America and the premiere destination for global and local solar companies conducting business in the U.S. On Thursday, Sept. 23, Trade Show Executive named Solar Power International the fastest growing show that exhibitors are flocking to, as well as Show to Watch in the coming years. For the 27,000+ attendees from 90 countries expected to attend, the event features 200 industry speakers, more than 35 break-out sessions, and dozens of half- and full-day educational training workshops. The conference is a must-attend event for solar industry professionals, utility executives, investors, engineers and policymakers.
The event is presented by the Solar Electric Power Association and the Solar Energy Industries Association, nonprofit groups based in Washington, D.C.
Additional information about Public Night, registration, sponsorship, exhibitors and programs can be found at www.solarpowerinternational.com.
The Solar Electric Power Association (SEPA) is an educational non-profit organization dedicated to helping utilities integrate solar power into their energy portfolios. With more than 700 utility and solar industry members, SEPA provides unbiased utility solar market intelligence, up-to-date information about technologies and business models, and peer-to-peer interaction. From hosting national events to one-on-one counseling, SEPA helps utilities make smart solar decisions. For more information, visit www.solarelectricpower.org.
Solar Energy Industries Association Established in 1974, the Solar Energy Industries Association is the national trade association of the U.S. solar energy industry. Through advocacy and education, SEIA is working to build a strong solar industry to power America. As the voice of the industry, SEIA works with its 1,000 member companies to make solar a mainstream and significant energy source by expanding markets, removing market barriers, strengthening the industry and educating the public on the benefits of solar energy. www.seia.org
SOURCE: Solar Power International
Monday, October 4, 2010
Solar Boat Going Around the World
A large solar solar-powered yacht called Planet Solar has set out on a 31,000 mile trip around the globe. It is estimated it will maintain an average speed of 7.5 knots per hour. At that speed it should take about 160 days to travel around the planet.
The boat’s top is covered with 5,780 square feet of photovoltaic solar panels with a capacity of 93.5 kilowatts of electricity. The boat is a catamaran 101 feet in length. It cost about $13 million to construct and was funded by Rivendell Holding AG, a Swiss company renewable energy investment company.
If successful, the venture will demonstrate solar power is a real-world, seaworthy technology for long voyages, and that the shipping industry can replace fossil fuels with renewable energy sources. (Toyota’s car-carrying Auriga Leader employs solar panels to generate up to ten percent of its energy while docked.)
A spokesperson for the Solar Planet project said, “Our society is too dependent on fossil fuels, which are in limited supply and which are causing measurable negative effects on the earth’s atmosphere. It’s now time to demonstrate the potential that renewable energies have to offer in the area of mobility.” (Source: Wired)
The unusual, and large yacht was constructed in Kiel, Germany in just 14 months. It is capable of accommodating up to 40 occupants, but for the very long journey, just four will be the crew. They have a website which constantly updates their position using Google Maps.
The boat’s top is covered with 5,780 square feet of photovoltaic solar panels with a capacity of 93.5 kilowatts of electricity. The boat is a catamaran 101 feet in length. It cost about $13 million to construct and was funded by Rivendell Holding AG, a Swiss company renewable energy investment company.
If successful, the venture will demonstrate solar power is a real-world, seaworthy technology for long voyages, and that the shipping industry can replace fossil fuels with renewable energy sources. (Toyota’s car-carrying Auriga Leader employs solar panels to generate up to ten percent of its energy while docked.)
A spokesperson for the Solar Planet project said, “Our society is too dependent on fossil fuels, which are in limited supply and which are causing measurable negative effects on the earth’s atmosphere. It’s now time to demonstrate the potential that renewable energies have to offer in the area of mobility.” (Source: Wired)
The unusual, and large yacht was constructed in Kiel, Germany in just 14 months. It is capable of accommodating up to 40 occupants, but for the very long journey, just four will be the crew. They have a website which constantly updates their position using Google Maps.
Sunday, October 3, 2010
Solar Race Concludes
Pretoria - Sun, batteries, petrol and hydrogen started an epic 4 000km race and ten days later on Sunday, the second Solar Challenge Race came to Pretoria with numerous records by vehicles powered by alternative energy having been broken.
Described as the one of the world's toughest alternative energy races, the 10-day SA Solar Challenge saw Japan's Tokai University with their 162kg solar powered car set a new record for the event when it travelled 4 061km purely on solar energy.
Race Director Winstone Jordaan said the Japanese also set the South African record for the longest distance travelled in one day on solar energy at 565.3km.
The race also saw a bunch of Pretoria enthusiasts set the solar powered record for a South African team by travelling 1 845.4km for the event. They also went on to set the solar record for the distance travelled a South African team in one at 125km.
The University of Johannesburg also set a new alternative energy record by travelling 1 845.4km in one event in their vehicle which was powered by a combination of petrol and hydrogen.
There are two categories which teams can enter - the Challenge Class and the Adventure category. The former has very strict criteria and covers all solar-powered vehicles. Adventure class is open to all road vehicles using alternative fuel technologies, not only solar power.
Jordaan said he would like to see the 2012 event attract more entrants, especially from other South African universities researching alternative energy sources.
The vehicles travelled to Cape Town, stopping in Bloemfontein and Beaufort West during stage one. Stage two saw the teams travel from Stellenbosch to Pretoria, via George, Grahamstown, Kokstad, Richards Bay and Badplaas back to Pretoria.
Described as the one of the world's toughest alternative energy races, the 10-day SA Solar Challenge saw Japan's Tokai University with their 162kg solar powered car set a new record for the event when it travelled 4 061km purely on solar energy.
Race Director Winstone Jordaan said the Japanese also set the South African record for the longest distance travelled in one day on solar energy at 565.3km.
The race also saw a bunch of Pretoria enthusiasts set the solar powered record for a South African team by travelling 1 845.4km for the event. They also went on to set the solar record for the distance travelled a South African team in one at 125km.
The University of Johannesburg also set a new alternative energy record by travelling 1 845.4km in one event in their vehicle which was powered by a combination of petrol and hydrogen.
There are two categories which teams can enter - the Challenge Class and the Adventure category. The former has very strict criteria and covers all solar-powered vehicles. Adventure class is open to all road vehicles using alternative fuel technologies, not only solar power.
Jordaan said he would like to see the 2012 event attract more entrants, especially from other South African universities researching alternative energy sources.
The vehicles travelled to Cape Town, stopping in Bloemfontein and Beaufort West during stage one. Stage two saw the teams travel from Stellenbosch to Pretoria, via George, Grahamstown, Kokstad, Richards Bay and Badplaas back to Pretoria.
Saturday, October 2, 2010
Solar Energy Research Data Available
LONDON, Oct 01, 2010 (BUSINESS WIRE) -- Market Publishers Ltd informs that new in-demand research reports on various US markets by IBISWorld are available in its catalogue.
Solar Power Generation in the US. This research covers a detailed analysis of the Solar Power Industry in the US, including an overview of the market and its key growth trends, statistics, forecasts, the competitive environment as for market shares and the key issues facing the industry. Performance metrics, competition, products and key US markets are discussed in detail ... http://marketpublishers.com/report/industry/energy/solar_power_generation_in_the_us.html
Wind Power Generation in the US. This study provides a deep insight into the Wind Power Industry in the US and opens up information on its key growth trends, statistics, forecasts, competitive environment. Market shares, major market players and their products are analysed along with main statistic data on the industry and major challenges faced by manufacturers ... http://marketpublishers.com/report/industry/energy/wind_power_generation_in_the_us.html
Generic Pharmaceutical & Medicine Manufacturing in the US. Generic pharmaceutical and medicine manufacturers are engaged in the development of prescription and OTC drug products that are used to prevent or treat illnesses in humans or animals. This report incorporates a thorough analysis of the Generic Pharmaceutical & Medicine Manufacturing in the US industry, including key growth trends, statistics, forecasts, the competitive environment including market shares and the key issues facing the industry ... http://marketpublishers.com/r/G748016EDD0EN.html
Brand Name Pharmaceutical & Medicine Manufacturing in the US. Brand name drugs are products with patent protection from competition. Today industry operators are significantly engaged in the research and development of new drugs. This study addresses major issues concerning the industry in US, its size, growth, key challenges and development trends, competition and key market players ... http://marketpublishers.com/r/B0BCE663DA8EN.html
Computer Manufacturing in the US. Companies in this industry manufacture, design or assemble personal computers (PCs), laptops, handheld computers and servers. This study offers information on monitors, mice, keyboards and printers market segments. It provides a deep analysis of the Computer Manufacturing in the US industry, covering key growth trends, statistics, forecasts, the competitive environment including market shares and the key issues facing the industry ... http://marketpublishers.com/report/technologies_electronics/computers/computer_manufacturing_in_the_us.html
More new reports by IBISWorld can be found at http://marketpublishers.com/members/ibisworld/info.html
SOURCE: Market Publishers Ltd
Solar Power Generation in the US. This research covers a detailed analysis of the Solar Power Industry in the US, including an overview of the market and its key growth trends, statistics, forecasts, the competitive environment as for market shares and the key issues facing the industry. Performance metrics, competition, products and key US markets are discussed in detail ... http://marketpublishers.com/report/industry/energy/solar_power_generation_in_the_us.html
Wind Power Generation in the US. This study provides a deep insight into the Wind Power Industry in the US and opens up information on its key growth trends, statistics, forecasts, competitive environment. Market shares, major market players and their products are analysed along with main statistic data on the industry and major challenges faced by manufacturers ... http://marketpublishers.com/report/industry/energy/wind_power_generation_in_the_us.html
Generic Pharmaceutical & Medicine Manufacturing in the US. Generic pharmaceutical and medicine manufacturers are engaged in the development of prescription and OTC drug products that are used to prevent or treat illnesses in humans or animals. This report incorporates a thorough analysis of the Generic Pharmaceutical & Medicine Manufacturing in the US industry, including key growth trends, statistics, forecasts, the competitive environment including market shares and the key issues facing the industry ... http://marketpublishers.com/r/G748016EDD0EN.html
Brand Name Pharmaceutical & Medicine Manufacturing in the US. Brand name drugs are products with patent protection from competition. Today industry operators are significantly engaged in the research and development of new drugs. This study addresses major issues concerning the industry in US, its size, growth, key challenges and development trends, competition and key market players ... http://marketpublishers.com/r/B0BCE663DA8EN.html
Computer Manufacturing in the US. Companies in this industry manufacture, design or assemble personal computers (PCs), laptops, handheld computers and servers. This study offers information on monitors, mice, keyboards and printers market segments. It provides a deep analysis of the Computer Manufacturing in the US industry, covering key growth trends, statistics, forecasts, the competitive environment including market shares and the key issues facing the industry ... http://marketpublishers.com/report/technologies_electronics/computers/computer_manufacturing_in_the_us.html
More new reports by IBISWorld can be found at http://marketpublishers.com/members/ibisworld/info.html
SOURCE: Market Publishers Ltd
Friday, October 1, 2010
Long Island Solar Homes
More than 25 solar, wind and geothermal-powered green homes will be open to the public for free visits on Saturday, October 2nd from 10 a.m. to 4 p.m. as part of the National Solar Tour & Green Buildings Open House on Long Island. Tour visitors can learn about solar and other forms of clean energy and energy efficiency directly from the people in their community, watch electric meters run backwards, and see the actual savings on utility bills.These Island-wide open houses feature solar energy or have other green building features. The National Solar Tour & Green Buildings Open House is organized on Long Island by the non-profit Renewable Energy Long Island (reLI) with support from LIPA and by the American Solar Energy Society at the national level. Last year’s tour attracted 150,000 visitors nationwide and has been billed as the largest public renewable energy education event in the world.
“Whether you want to lower your electric or heating bills, make your home more comfortable, or just do the right thing and reduce our dependence on fossil fuels, the best way to find out what you can do is to talk directly to home owners who have already done it”, said Gordian Raacke, Executive Director of Renewable Energy Long Island (reLI). “It’s your once-a-year chance to see dozens of green building features in action and get straight answers directly from fellow homeowners – that’s what our self-guided tour is all about.”
One home available to tour, the Dalglish residence in East Patchogue, was custom built and features a 1.8 kW solar electric system, a geothermal heat pump, passive solar heating, air radiant floors and structurally insulated panels (SIPs), which together have cut the owners’ energy bills considerably.
“We made up seven challenges when building our home, and we stuck to them,” said Campbell Dalglish of East Patchogue. “Our challenges were for the home to be energy efficient, environmentally friendly, sustainable, small but spacious, have a healthy home interior, be of mass appeal and be affordable. The design that came out of these challenges has changed our way of living and thinking and we love it.”
Another site that visitors can tour is the DeCarlo residence in West Islip. This home features a 10kW photovoltaic system, EnergyStar appliances, and high efficiency central A/C units.
“I have had my system since March 2004,” said Joseph DeCarlo of West Islip. “In my case the solar electric system paid for itself in just over 4 years. The best part is that there is virtually zero maintenance on the system. How many products can you buy that have that kind of track record?”
The self-guided tour is free of charge but visitors will need to obtain a free Visitors Pass from reLI. Every visitor will receive a free copy of the LI GreenGuide, a 64-page publication with articles on green jobs, energy audits, solar and wind energy, green technology, local farming and “The Green Yellow Pages,” a directory of more than 350 Long Island green businesses and organizations.
The Visitors Pass and more information on the tour and clean energy technologies & incentives are available at RenewableEnergyLongIsland.org or by calling (631) 329-8888.
“Whether you want to lower your electric or heating bills, make your home more comfortable, or just do the right thing and reduce our dependence on fossil fuels, the best way to find out what you can do is to talk directly to home owners who have already done it”, said Gordian Raacke, Executive Director of Renewable Energy Long Island (reLI). “It’s your once-a-year chance to see dozens of green building features in action and get straight answers directly from fellow homeowners – that’s what our self-guided tour is all about.”
One home available to tour, the Dalglish residence in East Patchogue, was custom built and features a 1.8 kW solar electric system, a geothermal heat pump, passive solar heating, air radiant floors and structurally insulated panels (SIPs), which together have cut the owners’ energy bills considerably.
“We made up seven challenges when building our home, and we stuck to them,” said Campbell Dalglish of East Patchogue. “Our challenges were for the home to be energy efficient, environmentally friendly, sustainable, small but spacious, have a healthy home interior, be of mass appeal and be affordable. The design that came out of these challenges has changed our way of living and thinking and we love it.”
Another site that visitors can tour is the DeCarlo residence in West Islip. This home features a 10kW photovoltaic system, EnergyStar appliances, and high efficiency central A/C units.
“I have had my system since March 2004,” said Joseph DeCarlo of West Islip. “In my case the solar electric system paid for itself in just over 4 years. The best part is that there is virtually zero maintenance on the system. How many products can you buy that have that kind of track record?”
The self-guided tour is free of charge but visitors will need to obtain a free Visitors Pass from reLI. Every visitor will receive a free copy of the LI GreenGuide, a 64-page publication with articles on green jobs, energy audits, solar and wind energy, green technology, local farming and “The Green Yellow Pages,” a directory of more than 350 Long Island green businesses and organizations.
The Visitors Pass and more information on the tour and clean energy technologies & incentives are available at RenewableEnergyLongIsland.org or by calling (631) 329-8888.
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