What Apple's $848 Million Solar Energy Deal Really Means

From Todd Woody for TakePart:  Apple will spend $848 million over 25 years to purchase carbon-free electricity from developer First Solar in the largest commercial solar deal to date. It was widely reported that the energy would power the company’s California operations, including its new spaceship-like Silicon Valley headquarters. Not quite.   The electricity generated by the project is the equivalent of the energy consumed by Apple’s operations. But that electricity will flow into the power grid and out to millions of Californians’ homes, not directly to the company’s offices, stores, and data centers.   But the solar electricity generated by the power plant will offset any fossil-fuel use by the company—and more important, Apple’s investment most likely guaranteed that the California Flats Solar Project is being built. Such deals by big, private companies have become crucial for the expansion of renewable energy to fight climate change at a time when utilities’ interest has lagged. Cheap natural gas has made solar and wind enegy less attractive to power providers in recent years.   Google, for instance, has poured more than $1.5 billion into solar and wind projects, sometimes inking power-purchase agreements, like Apple has, and sometimes buying a piece of a project as an investment.   Bottom line: That means more clean, green energy for everyone.   

Trina Solar Announces Partnership with PingAn Trust and Jiuzhou Investment to Develop Photovoltaic Power Plants

Plan to develop 500MW-1,000MW PV power plants in China within three years

ET Solar to Develop Commercial PPA Market in Australia with CEFC Financing

ET Solar will own and operate solar systems ranging between 30KW and 2MW in size with various commercial users including shopping centers, mining and manufacturing businesses to be the electricity buyers.

Demand for renewable energy surges in 2014

The European market for renewable energy, documented with Guarantees of Origin, increased by 26.5 % in 2014 compared to 2013 says ECOHZ, commenting on data calculated by ECOHZ on the basis of figures provided by the Association of Issuing Bodies (AIB). For the first time, the demand surpassed 300 TWh states the statistics from the AIB.

Namasté Solar Celebrates Ten Year Anniversary In 2015

Namasté Solar, a Colorado employee-owned cooperative that designs, installs, and maintains solar electric systems for residential, commercial, non-profit, and government customers throughout the United States, announced that February 2015 marks the company's 10th anniversary of its founding.

Hydro guide to bring best practice to clean power boom

New generation of Scots hydro developers urged to reach for highest standards

Solar Job Growth Benefitting Economy, Environment

"Solar energy continues to be one of the fastest-growing industries in the United States"

Coronal Group Acquires HelioSage Energy & Over 300 MW of Contracted Solar Projects, Forms Coronal Development Services

Two solar PV industry leaders unite under the Coronal-Panasonic Eco Solutions platform

Georgia's clean energy industry provides nearly 20,000 full-time jobs

Report details Georgia clean energy firms, jobs and revenue

SolarWorld challenges U.S. scientists to vie for SolarWorld Junior Einstein Award

Young researchers in solar-related fields can apply for prize until April 24, 2015

Ideal Power Introduces Grid Resilient 30kW Power Conversion System, Receives Multi-Unit Order

The new product will work in both 50Hz and 60Hz environments and support grid resiliency for commercial and industrial customers world-wide.

KROHNE Announces OPTISWIRL 4200 Vortex Flowmeter for Advanced Energy Measurement

KROHNE Announces OPTISWIRL 4200 Vortex Flowmeter for Advanced Energy Measurement ideal for monitoring energy flows for saturated and superheated steam or hot water.

Intersolar North America 2015 Highlights Solar Financing Models, Policy Developments and New Technologies in 45 Conference Sessions

Call for Speakers Now Open, Abstracts Due March 13

Duke Energy and REC Solar Team to Make Distributed Solar More Affordable and Accessible to Commercial Customers

* Duke Energy buys majority stake in commercial solar company * Duke Energy will invest up to $225 million in solar projects for REC Solar customers

OutBack Power Expands End-to-End, Proven Renewable Energy Systems for Central, Latin American Markets

Sole manufacturer with end-to-end, UL1741-compliant renewable energy system offering

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