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
Grundfos Pumps and SunPower Dedicate 1.1MW Solar Power System
Grundfos Pumps and SunPower today dedicated a 1.1 megawatt solar power system at the Grundfos facility in Fresno. The system features a ground-mounted, high-efficiency SunPower sun tracking system on a 7.5-acre site.
Lodi?’s Power Too Much Trouble?
Rates vary every month. That’s because, in the fall of 2007, city policymakers created a new, additional charge on electricity bills that changes each month to cover the city’s fluctuating power costs.
Largest Solar Program in US to Kick Start Green New deal in LA?
In LA, where the unemployment rate has risen from 8.9 to 9.9 percent in the last year, Mayor Antonio Villaraigosa is spearheading a plan to expand citywide solar production and create jobs in the process.
In the Dark
Los Angeles voters lack crucial cost information on solar initiative.
California’s Energy Efficiency an Economic Boom
Cutting energy bills let California consumers and companies spend their cash on other things, and helped create 1.5 million jobs, according to the report.
NATIONAL NEWS
Where Will Your Solar Installation Go?
Once supply catches up with demand (which I expect is not too far in the future), the question for utility companies regarding solar becomes: “where do we put it?”
Solar Panels and New Heating Units go in Saturday at Syracuse City Hall Commons
The building’s atrium, known at the Sustainability Showcase, will use the electricity generated by the solar panels.
Evolution Solar to Pursue 5MW Project in Florida
The US $400 million plant will be funded by a private Florida developer and will be built, operated, and maintained by the partnership.
Stalled Out
APS recently passed over seven proposals by wind and solar energy developers in northern Arizona to sell power to the utility, saying the cost above traditional energy came in at two to three times the surcharge for renewable projects elsewhere.
Climate Bill Expected to Pass Assembly
Legislation that would commit Maryland to reducing climate-warming pollution 25 percent by 2020 appears likely to pass this year with Gov. Martin O’Malley’s announcement yesterday that he would co-sponsor a compromise bill that has won backing from organized labor, industry and environmentalists.
Sunrise Solar Expands Portfolio with Projects in Mexico
Sunrise Solar Corp. (SSLR) has accepted the opportunity to provide solar power resources to two large hospitals in Mexico.
FINANCIAL NEWS & MARKETS
Suntech Reports Preliminary Fourth Quarter and Full Year 2008 Financial Results
For the fourth quarter of 2008, Suntech expects total net revenues to be in the range of $405 million to $420 million, above previously issued guidance of revenues in the range of $345 million to $360 million.
MARKETS & MARKET RESEARCH
Cloudy Future for Photovoltaics?
Here we look at the prospects for one of those great hopes ? solar power.
GOVERNMENT & POLITICS
House Reps OK Clean Energy Tax Breaks
The House Ways and Means Committee has approved $20 billion in incentives for wind and solar energy projects and efficiency improvements to existing homes.
Obama Green Energy May Lag Growth Pace of Bush Years
President Barack Obama may find it harder to increase renewable energy than his predecessor during a financial crisis that halted lending by Lehman Brothers Holdings Inc. and other alternative-power financiers, investors said.
Business Seeks Stimulus Tax Cuts
Lawmakers dropped an Obama-backed proposal that would have provided a tax credit supporting creation of jobs and boosted spending and tax cuts supporting development of solar, wind and other sources of renewable energy.
TECHNOLOGY
Solmetric SunEye Adds New Data Views
The Solmetric SunEye(TM) version 2.8 adds new views of shade data and further enhances solar energy site analysis.
INTERNATIONAL NEWS
Sanyo and Nippon Oil Establish Thin-film Joint Venture
The new joint company will start production and sales at an initial scale of 80MW in Fiscal Year 2010 and gradually increase its production capacity while reviewing and considering the market needs.
Solar Millennium Buys Stake in Ibersol
Solar Millennium intends to start work on the 50 megawatt (MW) parabolic trough power plant being planned by Ibersol in mid-2009.
India ? A Long Race in Solar Power
India, the world’s second-most populous country, is facing a looming energy crisis. Soaring oil prices, and continued dependence on a few countries for oil, has led to the use of renewable energy sources to secure energy.
Tore Torvund Joins REC Group
Tore Torvund has been hired at the REC Group as executive vice president and will lead REC Silicon’s operations.
International Renewable Energy Agency Established
Officials from participating countries are expected to sign a treaty to officially create the International Renewable Energy Agency (IRENA), an international organization created to promote renewable energy options on a global scale. The founding conference for IRENA is being held this week in Bonn, Germany.
Solar Industry Cash Dries Up
AUSTRALIA is forfeiting billions of dollars in investment and thousands of jobs through its lack of support for solar energy, according to European companies that have shunned the sunburnt country.
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