ConEdison Development Acquires 50-Percent Interest in 335-MW DC Panoche Valley Solar Farm in Central California from RET Capital
Hanwha Q CELLS Receives "Solar Industry Award 2015" for Q.PLUS Solar Module Based on Q.ANTUM Technology
Tim Maverick for Wall Street Daily: The National Oceanic and Atmospheric Administration (NOAA) made it official last week. The current El Niño is classified as a strong event.
An El Niño falls into the “strong” category if weekly sea surface temperatures depart from the average by more than two degrees Celsius.
In fact, this El Niño has nudged ahead of the 1997 El Niño as the strongest in the modern era!
Meteorologists believe this occurrence is actually the most potent since 1948. And it’s expected to persist through winter and into spring.
Every El Niño’s effects are different. At the moment, this one is having a surprisingly negative effect on the wind power industryin the United States.
You see, this occurrence of El Niño has produced the weakest winds across the United States in 40 years. Forecasters say this situation will continue and may even worsen through the spring of 2016. Cont'd...
By Herman K. Trabish for UtilityDIVE: Solar photovoltaic (PV) installed capacity is expected to reach 7.7 GW in 2015, up 24% from 2014, according to the Solar Energy Industries Association (SEIA) and GTM Research.
From July 2015 to December 2016, the report forecasts the U.S. solar PV marketwill add 18 GW, which is more than the cumulative capacity built by the industry up to the middle of 2014.
But there are some headwinds for the sector. In a sign it has reached a level of maturity achieved recently by the wind industry, solar advocates now face an uphill political battle for the industry's most vital federal incentive
The mandated term of solar's vital 30% federal investment tax credit (ITC), in place continuously since 2008, will end on December 31, 2016. Beyond that deadline, the tax credit provided at the end of a project’s first year of operation will fall to 10% for commercial investments in solar and to zero for residential solar investments.
SEIA is mounting a multi-million dollar lobbying campaign to secure a five-year extension that will get the industry to 2020, when it hopes the Clean Power Plan can take over to help boost growth. Cont'd...
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