Leaders of four renewable energy trade associations today commended a last-minute vote by the Senate Finance Committee yesterday afternoon to extend and enhance production tax credits (PTCs) for all renewable energy sources. The tax credits are essential for the development of clean energy-generating facilities by offsetting the high cost of construction. Yesterday's action by the Committee will give renewable baseload technologies equitable access to this important program by allowing eligible facilities to qualify for the tax credits when construction is commenced. "We are highly encouraged that the Senate Finance Committee passed this tax credit extension, and we urge the full Senate and the House to approve the credit before the end of the 112th Congress," said Bob Cleaves, President and CEO of Biomass Power Association. "The construction of new biomass facilities can be prohibitively expensive, and our industry relies on one-time tax credits to attract private investors to support the building of new plants. An extension of PTCs will help ensure that renewable energy sources continue to produce a growing share of electricity for our nation."
U.S. solar company First Solar Inc. (FSLR) said Wednesday that it will make more solar panels this year than earlier planned due to rising demand. The Arizona company said it plans to make 1,800 to 1,900 megawatts of panels this year, up from its plan in May to cut production to 1,400 to 1,700 megawatts. That compares to 2,400 megawatts of production in 2011. First Solar Chief Executive Jim Hughes said the company will make more products to meet higher-than-expected demand from customers primarily in Europe and India. First Solar reported a second-quarter profit of $111 million, or $1.27 a share, up 82% from $61.1 million, or 70 cents a share, a year earlier. Net sales jumped 80% to $957.3 million, primarily due to an increase in the number and size of projects under construction for which revenue could be booked in the second quarter. Share of First Solar were up 13% at $16.70 in after-hours trade.
AltEnergyMag is having a residential PV system installed and monitoring the process. This is part 1 of a series of articles we will publish along the way in order to demonstrate and explain a real world project for our readers to follow and learn from.
Research into controlled fusion, with the aim of producing fusion power for the production of electricity, has been conducted for over 60 years. It has been accompanied by extreme scientific and technological difficulties, but has resulted in progress. At present, controlled fusion reactions have been unable to produce break-even (self-sustaining) controlled fusion reactions. Workable designs for a reactor that theoretically will deliver ten times more fusion energy than the amount needed to heat up plasma to required temperatures (see ITER) were originally scheduled to be operational in 2018, however this has been delayed and a new date has not been stated.
The maturity of the smart grid security in Europe could be evaluated as medium to low; that is what our study demonstrated. We are still trying to find out how to implement the smart grid on our electricity power infrastructure, after which we would conceive how the security should be applied. This is not a good approach, we need to define what instruments we should use (requirements for smart grids) in the smart grid before any other action can be taken into account.
Today's ultra-thin solar cells require precise and gentle handling. And with the increasing demand on solar manufacturers for product, automation must deliver the highest throughput possible. Adept Robotics for the Solar Industry
In the end, it will be Chinese cash and American access to (massive) Chinese consumers for clean-energy products that saves the industry and allows it to gain a competitive edge over fossil fuels.
"Energy: A Citizens' Solutions Guide" is one of a series of unbiased, nonpartisan guides that help the public wrestle with and work through difficult issues. These guides are especially useful in advance of the election, to help voters cut through campaign spin and media bias, so that they are able to reasonably judge the platforms put forth by candidates.
In many ways, hydrogen is the perfect fuel. It's abundant, efficient and produces no emissions when used in a fuel cell. It can be produced from renewable resources and is not a greenhouse gas. Because hydrogen power is environmentally friendly and non-toxic to use, industry should accelerate research so that this renewable resource may be used in the near future.
The GeoCal™ is a breeze to install and gives a lot of flexibility as the automatic air vents and supply and return temperature gauges are a couple of added plusses. With this first one up and running, and the customer satisfied, I'll be evaluating how it holds up.
This system looks great and makes the perfect shade spot for their patio barbecue (this is a system in the 2KW range).
Americans are now being told that keeping utility bills down means keeping maintenance of the country's dismal electricity distribution system to a bare minimum. According to the American Society of Civil Engineers, the entire system could collapse by 2020 without an immediate investment of $673 billion. Furthermore, experts say that brownouts and blackouts will end up costing more in the end than re-hauling the entire system.
You climb in and start your car. Reverse out of your driveway using the gas-powered system. Putting the shift lever into neutral, the system switches over to the AED (Alternative Electric Drive) system, yet your engine is idling. This allows you to use your power brakes, power steering and air-conditioner on that hot muggy day.
We try to pull together everything that an energy and utility executive needs to know. This includes news, breaking commentary from twitter, jobs, market and commodity updates, jobs, white papers, market research, and more.
SPI is presented by the Solar Energy Industries Association (SEIA) and Solar Electric Power Association (SEPA). Unlike other solar conferences, all proceeds support the expansion of the U.S. solar energy market through SEIA's and SEPA's year-round research and education activities, as well as SEIA's advocacy.
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Sonnen's mission is to provide clean and affordable energy for all. As the first mainstream grid tied residential energy storage company in the world and with 24,000 sonnenBatterie systems installed worldwide, sonnen is a proven global leader in intelligent energy management solutions. The all-in-one sonnenBatterie smart energy storage solution easily integrates with new and existing solar installations to help homes manage their energy throughout the day-saving money, providing backup power, and maximizing the effective use of solar power day and night. Sonnen has won several awards for its energy innovations, including the 2017 Zayed Future Energy Prize, MIT's Technology Review's 50 Smartest Companies in 2016, Global Cleantech 100 for 2015-2017, Greentech Media's 2016 Grid Edge Award for Innovation, and Cleantech's 2015 Company of the Year Award in both Israel and Europe.