Rise & Shine: November 20, 2008

The Rise & Shine is your daily source for all solar-industry news. Brought to you by Sweet Solar Home and the Experts at SunRun.

CALIFORNIA NEWS

SunRun Closes US $105M for Solar Facilities
In a market where project financing is hard to come by, the funding from US Bancorp seems like it?s a recognition that?s PPA?s for residential customers, could be showing some promise.

Gov. Schwarzenegger Looks to Advance California?s Renewable Energy Plans
Governor Schwarzenegger signed Executive Order S-14-08 to streamline CA?s renewable energy project approval process and increase the state’s Renewable Energy Standard to 33% renewable power by 2020.

New Proposal Favors Sunrise Powerlink
California’s utilities commission will consider three recommendations on whether to allow San Diego Electric & Gas to build a 150-mile transmission line. While the project draws stiff opposition from environmentalists, Gov. Schwarzenegger likes it.

NATIONAL NEWS

Wal-Mart Makes Major Commitment to Renewable Energy
The U.S. Department of Energy has awarded North Carolina State University’s Department of Chemical and Biomolecular Engineering a $1.2 million grant to build and study tiny materials that can help generate renewable energy.

Patrick to Unveil Solar Power Plan
The governor of Boston is expected to set a new environmental goal for the state by using rooftop solar installations to improve the energy efficiency of new “big box” stores and other retail developments.

FINANCIAL NEWS & MARKETS

Fighting for the Planet
More governments will follow Spain and Germany and cut subsidies for solar power. The shortage of silicon that has bedevilled the solar-panel industry will ease, only to be replaced by bottlenecks in other areas, such as turning the silicon into wafers and ingots.

TECHNOLOGY

Lumetas Solar Panels Recognized for Superior Design and Innovation
Lumeta has announced that its Solar S Tile was honored as a first round winner in the Green EcoDesign category of the Spark Design Awards 2008 competition.

INTERNATIONAL NEWS

ProLogis Builds 1MW Solar PV System In Japan
ProLogis will install a one-megawatt (MW) PV system at ProLogis Parc Zama I, a five-story distribution facility totaling more than 1.2 million square feet.

Conergy Group Completes 3 Megawatt Project
Conergy and its subsidiary EPURON have announced the completion and sale of the Exelon-Conergy Solar Energy Center. The 3 MW project is located on the Waste Management G.R.O.W.S 16.5-acre landfill site just outside of Philadelphia.

Are you in California and interested in solar for your home? Call us at 877.SUN.MOJO or visit our website to learn more.

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