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
San Domenico School to Dedicate New PV System
San Domenico School, the oldest independent Catholic school in California, and Recurrent Energy, a distributed power company and a leading provider of onsite solar energy, are to dedicate a 412 kilowatt solar energy system, the largest school installation in Marin County.
MMA Renewable Ventures Completes Solar Fund III
MMA Renewable Ventures LLC, a subsidiary of Municipal Mortgage & Equity LLC, has completed Solar Fund III, raising nearly $200 million to support the creation of new solar energy projects nationwide.
NATIONAL NEWS
Beyond Rebates: State Solar Market Transitions
The solar industry is going through a rocky period of change due to the economic crisis. This restructuring is most evident in individual cash-strapped states, where legislators and regulators are exploring how to move beyond solar programs that rely on traditional rebates funded by tax payers.
Pittsburgh Gets Money for Solar Project
The U.S. Department of Energy has named Pittsburgh one of the country’s 25 solar cities, a designation that brings $400,000 in a grant and technical assistance.
After Katrina, New Orleans is Going Green
In the Lower 9th Ward, hit particularly hard by Katrina, some 20 energy-saving homes are using solar panels.
Suntech and Standard Solar Reach 5MW Solar Panel Supply Agreement
Agreement strengthens both companies’ ability to respond to President Obama’s call to ‘harness the sun’
UTILITY INDUSTRY & REGULATORY NEWS
Obama’s New Green Grid Regulator
FERC will play a key role in the administration’s efforts to digitize the nation’s aging analog power grid to promote solar and wind energy while creating green jobs.
FINANCIAL NEWS & MARKETS
Yingli Green Energy Secures Three-Year Loan Facility
ADM Capital has agreed to provide a three-year loan facility of up to $80.0 million to Yingli China for its production capacity expansion and general corporate use. The loan will accrue interest of 12% per annum.
MARKETS & MARKET RESEARCH
BIPV Market in Europe Showing Growth
According to the research, the European BIPV market in 2007 was estimated at ?143 million [US $188.59] with a total installed capacity of 25.7 megawatts (MW) for the commercial, residential, industrial and public markets combined.
GOVERNMENT & POLITICS
Geography is Dividing Democrats Over Energy
By coincidence or design, most of the policy makers on Capitol Hill and in the administration charged with shaping legislation to address global warming come from California or the East Coast, regions that lead the country in environmental regulation and the push for renewable energy sources.
TECHNOLOGY
Spire and HHV Enter into PV Strategic Relationship
Spire and HHV shall cooperate to better address the Indian PV industry by offering a more complete and competitive portfolio of solar manufacturing equipment and service capabilities.
Solar Power Inc. Announces Peaq Solar Shade Structure
The new product offers a striking design, kit-build installation and a price tag comparable to that of rooftop installations, SPI says.
INTERNATIONAL NEWS
Roth & Rau to Supply Production Lines to Korea
The lines, which are worth a combined ?26 million [US $ 34.29 million], have production capacities of 60 megawatts (MW) each and are due to be supplied to the Korean solar cell manufacturer Millinet Solar.
Air Products Supplies Gases to Spanish Start Up, Gadir Solar
The contract includes the long-term supply of nitrogen, hydrogen, argon, oxygen, and specialty gases such as silane, NF3 (nitrogen trifluoride), and dopant gases.
TEPCO Plans 10MW Solar Plant to Cut CO2 Emissions
Tokyo Electric Power Co plans to build a 10MW solar power plant in central Japan, as Asia’s biggest utility works to meet targets for reducing greenhouse gas emissions.
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