Rise & Shine: February 24, 2009

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

Tokyo Electric to Build Solar Plant in California
Tokyo Electric Power Co. will build a solar power plant in the US state of California through its subsidiary Eurus Energy Holdings Corp., according to a report.

NATIONAL NEWS

Evergeen Solar Supplies Modules to 2.8MW Highway PV System
Evergreen Solar announced today that a landmark installation placing more than 16,000 solar panels on the roof of the tunnel of Germany’s A3 highway using Evergreen Solar panels is nearing completion of its first phase of construction.

Solar Energy Initiatives Announces Renew the Nation Campaign
Initiatives helping generate jobs via Grass Roots Campaign to re-deploy US workforce into solar industry.

Federal Stimulus Package May Boost Renewable Efforts in New Jersey
For solar power, New Jersey residents could save almost half the cost of installing solar panels on their houses thanks to the plan.

City Considers Encouraging Solar Panels, Wind Turbines for Homes
City planners in Issaquah, WA are working to streamline the process for homeowners who want to add solar panels or wind turbines to their homes.

Energy Commission Turns Out the Lights on Tract K Solar Plans
Florida Energy and Climate Commissioners denied a state grant for solar projects proposed by Collier County School District, United Energy Technology.

UTILITY INDUSTRY & REGULATORY NEWS

Locating Lines to Transmit Energy Vexes Officials
While wind turbine and solar projects are ready to capture this new, eco-friendly energy source, where are the transmission lines to get the power to where it is needed?

Could US Follow South Africa With Feed-in Tariff?
A national feed-in tariff (FiT), which is gaining momentum in South Africa, might soon be debated in Congress.

FINANCIAL NEWS & MARKETS

Can First Solar Shake the Earnings Blues?
The stock has held up relatively well so far in 2009; as of Monday’s close it was down 9.5 percent.

ICP Solar Provides Preliminary Fourth Quarter Results
Revenue rose 45% over the fiscal fourth quarter of 2008, to approximately $950,000.

GOVERNMENT & POLITICS

Key Provisions Benefiting Solar in American Recover & Reinvestment
XsunX has highlighted key provisions of the $70 billion USD investment in renewable energy signed into law by President Barack Obama as part of the American Recovery and Reinvestment Act of 2009.

Does the US Need a Federal Reserve for Energy?
An independent Fed-type board would have a more long-term view of energy policy because its board members would be made up of energy experts with terms that outlast those of elected officials.

US Interior Secretary Says Department Will Play Large Role in Transmission
U.S. Secretary of the Interior Ken Salazar participated in a roundtable with many of the nation’s top leaders at a summit examining how development of renewable energy in conjunction with a “National Clean Energy Smart Grid” is an economic, environmental and national security imperative.

Federal Officials Debate Placement of Power Grid
Democratic congressional leaders and the Obama administration indicated Monday that they will push for greater federal authority to locate electric transmission lines, saying the current power grid stands in the way of developing alternative energy sources.

INTERNATIONAL NEWS

Yunnan’s Largest Solar Plant to be Built in Kunming
Kunming’s reputation as China’s ’solar city’ has been bolstered by a recently announced solar power plant project which will be the largest in Yunnan province upon completion.

TUV Rheinland PV Certificates Accepted by Japan Photovoltaic Expansion Center
Japan Photovoltaic Expansion Center (J-PEC), a part of The Japanese Photovoltaic Energy Association, has confirmed that it is now accepting TUV Rheinland Photovoltaic Certificates for panels used in its residential solar generation installation subsidy program.

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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