Rise & Shine: October 20, 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
Solar Power Inc Receives 1.5MW Module Order
Solar Power, Inc. has executed a second supply agreement with Bayer and Raach, a German solar installation company serving the residential and commercial market segments throughout Germany and Southern Europe.
NATIONAL NEWS
Biden to Model Solar Finance Plan on Berkeley’s
Biden’s program, known as Recovery Through Retrofit, creates a framework for cities, counties and states to set up tax districts that allow residential and business property owners to install solar panels and make other energy improvements, repaying the investment over a 20-year property tax assessment.
Millipore Completes $2M Solar Panel Installation
Millipore Corporation, a Life Science leader providing technologies, tools and services for bioscience research and biopharmaceutical manufacturing, yesterday announced the completion of a $2 million solar panel installation project at its Bedford, Massachusetts, facility.
Avon Old Farms School Unveils the Largest Solar Installation at a Private School in New England
Senator Chris Dodd and Chair of the Connecticut Clean Energy Fund Board Norma Glover Deliver Remarks.
Walsh Carter & Associates launches Full Indemnity Insurance for Solar Energy Projects
US insurance firm Walsh Carter & Associates has unveiled its TOTAL SPF Solar Insurance Programme which offers complete indemnity for financial institutions and investors funding solar power projects that has been extremely expensive or completely unattainable until now.
Hisco Introduces New Line of Protective Films for PV Panels
Hisco Inc., an employee-owned specialty distribution company, has released protective films designed to block 100% of sunlight from the PV cell until installation is complete, and the installer is ready for the module to produce electricity.
UTILITY INDUSTRY & REGULATORY NEWS
New York’s Grand Smart Grid Plan
If the Department of Energy approves all 31 of the projects that New York utilities and organizations have applied for, it would result in the creation of 3,800 jobs by 2010, and an investment of $1.36 billion.
MARKETS & MARKET RESEARCH
Q3: Best Quarter Ever for Cleantech, So What’s the Worry?
When federal funds and state grants leave town, there’s still no one standing there willing to take on the financial burden of project financing for large-scale renewable energy projects.
Europe Renewable Energy Market Through 2015
M arketResearch.com has announced the addition of Global Markets Direct’s new report “Europe Renewable Energy Market Analysis and Forecast to 2015,” to their collection of Wind Power market reports.
Research & Markets: This Essential 2009 Deep Research Report on Global & China Thin Film Solar Cell Industry Now Available
2009 Deep Research Report on Global and China Thin Film Solar Cell Industry is a professional and in depth research report on global and China thin film solar cell industry chain.
Korean PV market to Reach 200MW by 2012
Displaybank, a market research and consulting firm for the solar and display industries, said that Korea’s PV installtion totals are expected to reach 200 megawatts (MW) by 2012.
GOVERNMENT & POLITICS
The U.S. Doubles Down on Solar Subsidies While Europe Retreats
The cap and trade bills circulating in Congress (such as H.R. 2454, the Waxman-Markey bill) not only “tax” the people of the nation for the right to reduce greenhouse gas emissions in this country, but they contain additional energy-related “tax” provisions.
FINANCIAL NEWS & MARKETS
Clear Skies Solar Receives $700,000 in Equity Funding
The Company believes this latest investment will help fuel the growth curve anticipated by Clear Skies Solar (CSS). The group of investors was led by a large publicly traded European solar energy firm that has recognized the abilities and opportunities available to CSS.
INTERNATIONAL NEWS
Ormat Signs Joint Venture Agreement for Solar (PV) Power Systems
Ormat Technologies announced today that its Israeli subsidiary, Ormat Systems Ltd. has signed a Joint Venture Agreement (“JVA”) with Sunday Energy, an Israeli private company to develop, construct and operate solar-photovoltaic (“PV”) energy systems in Israel with a total capacity of 36MW.
SunPower Begins Construction of 1MW Solar Power Plant in Italy
The project is being financed through a leasing agreement with Banca Monte dei Paschi di Siena and is anticipated to be completed early in 2010.
CentroSolar Reports Third Quarter 2009 Results
After one-off losses following the financial crisis in the first half, the company says that it can now demonstrate in the second half that its long-term financial strategy of concentrating on downstream segments without long-term upstream price commitments is paying off.
Phoenix Solar AG to Build Photovoltaic Power Plant in France
Phoenix Solar AG has been commissioned by E.ON Climate & Renewables to plan and build a solar power plant with a capacity of 1.5 megawatts in France.
$9M Solar Scheme Launched
Nelson City Council has launched its $9 million solar saving scheme which aims to help 1700 Nelsonians install solar water-heating over the next four years.
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