Rise & Shine: February 5, 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

Tioga, Mitsubishi, and REC Solar Flip the Switch on a New Solar Mascot for The Athenian School
The 220-kilowatt system consists of 1,300 photovoltaic panels arranged in the shape of a large ‘A’, representing a unique new solar mascot that will provide half the school’s power needs.

LA mayor Promotes Solar Vote
As he announced a new geothermal energy deal with Mexico on Tuesday, Mayor Antonio Villaraigosa also kicked off his campaign for the city’s solar-power ballot measure

Debate Over Solar Panel Initiative Welcome, Mayor says
A proposal to generate 400 megawatts of power by 2014 through the installation of solar panels on the rooftops of Los Angeles buildings was placed on the March ballot to encourage public debate, Mayor Antonio Villaraigosa said Tuesday.

NATIONAL NEWS

REC Solar Unveils Solar Electric Systes at Tony Group Autoplex
REC Solar held a lei untying this week for three recently installed solar electric systems on the roof of Tony Group Autoplex in Waipi‘o.

Michigan: State of the State Address
The governor detailed five steps to help the state meet this ambitious goal, including allowing citizens and businesses to sell electricity generated from solar and wind power back to the utility companies,

Green Energy Measure Introduced
SB114 requires the Nevada energy director to work with the Desert Research Institute to better determine how much energy Nevada needs and how best to fill those needs with renewable resources. The legislation also expands homeowners’ rights to use systems for solar and wind energy by prohibiting property covenants that unreasonably restrict a solar or wind system.

Oregon Looks to Cap Carbon, Cut Coal
The adoption of renewable energy in Oregon could rise significantly if HB 2121 that establishes a production tax credit is passed.

HelioVolt Delays Shipping Until 2010, While CEO Steps Down
Thin-film solar developer HelioVolt won’t be shipping its thin film solar material until at least early 2010, a HelioVolt spokesperson told us today, and at the same time is doing the management shuffle.

Team Nevada Formed to Attract Renewable Energy Industry, Leveraging state’s Natural Resources & Incentives
Led by the Nevada Commission on Economic Development (NCED) and NV Energy — the energy expo’s host utility sponsor — “Team Nevada” includes many county and regional development agencies in Nevada.

FINANCIAL NEWS & MARKETS

Tough Time for Tax Credits
SpectraWatt’s decision left some wondering about the efficacy of the Oregon’s Business Energy Tax Credit (BETC) program, which offers credits of up to 50% of project costs for renewable energy projects, including solar manufacturing facilities.

Sanyo Reports Quarterly Loss Amid Global Slump
Panasonic, formerly Matsushita Electric Industrial Co., has its eyes on Sanyo’s green business in solar panels and rechargeable batteries.

Tax Reform and Community Based Renewable Energy
A better solution would be to avoid the need for tax incentives completely and set a price utilities have to pay for renewable energy sufficient to attract investors. Or, a feed-in tariff.

GOVERNMENT & POLITICS

How Senate and House Versions of Stimulus Differ on Sustainability
The Senate this week took up consideration of the American Recovery and Reinvestment Act, which passed the House last week.

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