Rise & Shine: July 1, 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
Report Issued on success of California’s Solar Program
California’s multibillion-dollar program to expand solar power production remains on track to install as much new energy this year as last. The 95-page report is the commission’s first official annual self-assessment of the solar initiative.
SPG Solar Raises $13 Million in Equity Financing
California based system integrator SPG Holdings has closed a $13 million equity financing through the Global Environment Fund and Robeco. SPG Holdings is utilizing the funds to support growth both nationally and internationally.
Perpetual Power Completes 1MW PV System
Mitsubishi Electric and Perpetual Power (P2) have completed four solar-powered deep water wells at Limoneira Company’s Ducor Ranch. The four solar 250kW AC arrays include single-axis tracking systems which are expected increase power output of each array by 15% by maximizing the amount of sunlight collected by the panels.
Akeena Solar Converts Silver Mountain Vineyards to 100% Solar Energy
Innovative Triple Green Project Utilizes Award-winning Solar Panels to Support Sustainable Practices at Organic Vineyard.
NATIONAL NEWS
Atlantic Energy Solutions Awarded Contract by New York School District
Atlantic Energy Solutions has eeen awarded its second multi-million dollar energy efficiency project from a Long Island, NY School District. This exciting project entails a new 400 kilowatt solar photovoltaic system.
Solar Energy Initiatives Announces Green Energy Alliances with RS&H and K Power Inc.
The Green Energy Alliance will combine member areas of expertise providing turn-key solar solutions including project financing to commercial and solar park projects located in North America and the Caribbean.
Possible Tax Breaks Interests Solar Companies
Renewable-energy companies already are planning to take advantage of new tax breaks in Arizona, even though lawmakers just passed the bill late Friday and the governor hasn’t yet signed it.
CUNY Partners with Ulster Solar Group
The Solar Energy Consortium (TSEC), a nonprofit based in Ulster County seeking to establish a solar energy cluster in New York state, will help it get there, in the meantime giving the mid-Hudson Valley a needed economic development boost.
Aurora Campus Solar Site Ready to Shine
The Solar Technology Acceleration Center (SolarTAC) is the campus’ first tenant.
UTILITY INDUSTRY & REGULATORY NEWS
What PG&E Wants from Energy Management Tools: Neutral Ground
PG&E is waiting for the Open Smart Grid group to establish a single standard interface for energy management software before it starts working with third parties.
FINANCIAL
Renewable Energy Investors are Cautiously Optimistic
Now the private sector is trying to figure out what role it will play in this new era of government involvement.
TECHNOLOGY
Cadium-Telluride-on-Silicon, a Novel Approach in Solar
An Illinois company infrared imaging material developer aims to create solar cells that are unlike many serving the concentrating photovoltaic market today.
Solar Impulse Airplane Takes Flight in ’09, Circumnavigates the Globe Next
The Solar Impulse is scheduled for a test run toward the end of this year, with those involved planning a continuous two-day-long trip, which includes the night. It will be powered entirely by solar energy.
INTERNATIONAL NEWS
Suntech Signs $50 Million Convertible Loan Agreement with IFC
Suntech has signed a US$50 million convertible loan agreement with IFC, a member of the World Bank Group, to support Suntech’s transition to the high efficiency Pluto technology and debt refinancing requirements.
Trina Solar’s Glass Supplier to Invest in Changzhou Trina PV Industrial Park
One of Trina Solar’s key solar module glass suppliers, Beijing Hua Mei Dazheng Technology Co. Ltd, has signed an investment agreement to establish a production facility in the Changzhou Trina Photovoltaic Industrial Park.
Lidl to Invest “Thousands of Millions of Euros” in Photovoltaic Installations on the Roofs of its Buildings
The supermarket chain Lidl has entered into a framework agreement with Enfinity NV from Belgium and SolarMarkt AG from Germany to install and maintain solar systems on its logistics centres around Europe.
LDK Solar Partners with SAEM-Kerself Group
LDK Solar Co. Ltd. has signed an agreement with SAEM SRL, a primary system integrator within the PV sector, to build 5 1 MW PV plants in the Apulia region of Italy.
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