Rise & Shine: March 18, 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
How Your Home May Qualify for Bailout Cash
And in the case of solar electric and geothermal systems, costs can still be in the tens of thousands of dollars even after the tax credit.

Recurrent Energy Buys 250MW Solar Project Pipeline
A large number of the projects are located in Canada’s Ontario province, where the government is setting new, lucrative prices for solar electricity.

California Utility Prepares for Surge in Plug-in Electric Cars
Utility officials are convinced that battery technology in the coming wave of electric cars could hold the key to solving a problem that has long bedeviled them: the inability to store all the electrons they produce.

NATIONAL NEWS
Whittemore, Solar Firm Sign Deal
Nevada developer Harvey Whittemore and BrightSource Energy Inc. have reached an agreement on a solar-thermal project that could provide up to 600 megawatts of power for Whittemore’s Coyote Springs development and other markets in Nevada and California.

Economy Forces Consolidation in Solar Industry
San Francisco’s Recurrent Energy will announce today that it will buy an entire portfolio of development projects from UPC Solar of Chicago. The two privately-held companies have not disclosed terms of the deal.

Vote Solar Ads Tout Solar Job Potential
As part of its effort to expand state-level solar programs and continue the growth in green collar jobs, solar advocacy organization Vote Solar has released potential job-creation figures for key markets in the U.S.

Shell Dumps Wind, Solar, and Hydro Power in Favor of Biofuels
Shell will no longer invest in renewable technologies such as wind, solar and hydro power because they are not economic, the Anglo-Dutch oil company said today.

Solar Energy Research & Education Foundation, Google.org Release ‘Solar Jobs Map’ Projecting Economic Growth Across Nation
Real stories about solar industry workers unveiled to spotlight green-collar job opportunities.

Software for Solar: Fat Spaniel to Monitor Denver Solar System
Solar is a tricky source of energy — anything from shade to tilt to dirt can affect the amount of electricity produced by the panels. That’s why large solar installations are getting hooked up with monitoring systems to oversee and optimize the output.

FINANCIAL NEWS & MARKETS
Timminco Reports Fourth Quarter and Year-End Fiscal 2008 Results
Timminco’s consolidated sales for the fourth quarter of 2008 were $72.7 million, an increase of 100% from $36.4 million for the fourth quarter of 2007.

Clear Skies Solar Announces Strategic Project Finance Partnership with ZebraSolar
Financing Partnership Forms the Strategic Link to Bring Funding Resources for Multi-Megawatt Solar Power Projects Domestically and Abroad.

GOVERNMENT & POLITICS
DOI & FERC Announce Agreement on Renewable Energy Development
U.S. Department of the Interior (DOI) Secretary Ken Salazar and Acting Chairman of the Federal Energy Regulatory Commission (FERC) Jon Wellinghoff announced that the two agencies have made plans to work together in order to facilitate the permitting of renewable energy in offshore waters as well as on land.

Obama Tries to Draw Up an Inclusive Energy Plan
As the Obama administration outlines its energy plans, it is caught between oil companies, who are reminding the president of his campaign pledge, and environmental groups, who are demanding a reinstatement of the drilling ban that Congress lifted in September.

TECHNOLOGY
Sanyo Introduces New HIT Power N Series Solar Panels
The new series features the latest technological improvements including higher module output, lower voltage, space savings and lower installation costs that make the HIT Power® N Series the most efficient and competitive cost per kWh panels in the solar market today.

Around the World in 120 Days on Solar
Swiss and German engineers are building a solar-powered catamaran that will try to circumnavigate the globe in a speedy four months and promote alt energy for ships.

DALSA Announces New Cost Effective Capability for Solar Cell Inspection
Machine Vision Technology Gives Solar Cell Manufacturers New Opportunities to Increase Productivity and Lower Costs.

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3 Responses to “Rise & Shine: March 18, 2009”

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