Rise & Shine: September 3, 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
Nanosolar Gears Up for Sept 9 Coming-Out Party
Nanosolar says its has a big announcement next week. Could it be the long-awaited message about commercial production?
DWP Rate Hike Plan Sent Back to the Drawing Board
L.A. City Council wants the utility to further hone a proposal to raise its quarterly surcharge on residential customers to cover rising renewable energy costs.
SDG&E Seeks OK to Raise Rates
San Diego Gas & Electric Co. is seeking a rate increase to help pay for insurance costs that have soared after it agreed to pay $740?million to settle claims from the 2007 wildfires.
NATIONAL NEWS
Detroit Edison Program Will Pay Customers for Solar Systems
Under the pilot program, called SolarCurrents, customers will receive a one-time payment when their system is installed. They then will receive monthly credits on their electric bill for the next 20 years for providing Detroit Edison with renewable energy credits associated with the system.
Evolution Solar Expands to China as They Regard it as the Center of the PV Industry
While the U.S. is still floundering with ad-hoc investments in clean energy, China has developed a straight-forward, no-nonsense approach to reaching 2GW solar capacity by 2011.
As Money Flows to Wind Power, Will Jobs Follow?
NREL researchers concede that it’s a fair to ask whether the net effect of boosting wind and solar power is more jobs.
GOVERNMENT & POLITICS
Congress Returns Next Week: What’s in Store for Clean Energy?
At the rate the Senate is going, that deadline may be unrealistic, but Senate Majority Leader Harry Reid is still pushing.
FINANCIAL NEWS & MARKETS
ICP Solar to Host Second Quarter Conference Call September 14, 2009
Earnings will be issued before the market opens that day, and the filing of the company’s results with the SEC on Form 10-Q will follow.
Solarfun Secures RMB400mn Credit Facility with Bank of Shanghai
Solarfun has secured a credit facility in the amount of RMB400 million from Bank of Shanghai, of which RMB300 million will be in the form of a 3-year loan.
TECHNOLOGY
Ship to Circumnavigate the World Using Only Solar Power
A ship is being constructed at the Knierim Tachtbau shipyard in Kiel (Germany) which is tipped to become the largest solar-powered marine vessel in the world.
GCL Solar Establishes New R&D Center in USA
GCL Solar Energy Technology Holdings Inc.has recently signed a lease for 10,000 square feet of office space in Richland, Washington,USA.
INTERNATIONAL NEWS
Spain’s Solar Power Collapse Dims Subsidy Model
The sudden change has rippled across the global solar industry, in a warning of the problems that government-supported renewable-energy programs can encounter.
Letter from Sunny North
The Great Canadian Feed-In Tariff is weeks away from being launched. Can Ontario create something worth pursuing?
Marsh, Munich Re Offering Insurance Product for Solar Panel Manufacturers
Insurance broker and risk adviser Marsh has teamed with reinsurer Munich Re to launch a new product guarantee insurance solution tailored for the solar panel manufacturing sector in Asia.
Aleo Solar Sees Market Share Growth in Greece
Recent installations in Greece have taken aleo solar’s 2009 shipments to Greece past the 2MW level.
Scheuten Solar Implements Turnkey Project for Devos in Belgium
Scheuten Solar recently completed a turnkey project comprising the supply and installation of 1,800 solar panels for fruit grower Devos in Belgium.
Landis + Gyr Welcomes EU Energy Package as a Move Toward the Smart Grid
Landis+Gyr welcomes the EU energy package, which officially comes into force today, as a positive move towards the development of the Smart Grid.
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