Federal and state R&D credits provide a dollar-for-dollar offset against tax liability up to an average of approximately 15 percent of qualified spending, i.e., taxable wages, supply expenses, and a percentage of contract research expenses related to research that goes into developing new and improved products and processes.
Recent developments in communications, computational capability, and data availability all lend themselves to a high level of intelligence both on the battlefield and within the utility. The proposed benefits of the "smart grid" align well with recent developments in data integration, mining, and fusion.
We are asking for the support of the PV industry in our ongoing efforts to aggressively fight the theft and infringement of IP, and to help ensure it does not continue to proliferate. Companies should consult their own legal counsel if they have any questions about the materials they have in use and the potential implications of the production and sale of downstream products which incorporate "infringing" materials.
Profitable and safe operation of a biogas plant involves the interaction of many factors. Providing 360°screening, technical due diligence ensures clarity regarding safety and cost-effectiveness throughout all phases of the project.
Here are 16 of the potential failures or damages that can occur on a solar farm and how they could impact operations if not addressed in a timely manner.
Our Lotus modules are self-cleaning because they are built using nanotechnology. This technology helps us achieve a completely smooth panel surface that prevents buildup. In fact, anything that falls on the panel rolls off or is blown away by the wind.
This article will cover what "platforms" that our customers are now selecting for new auditing software installations. These customers range from energy, water, lighting and now solar auditing; spanning government agencies, independent contractors, to utilities, as well other types of ESCO's.
New U.S. wind power installations are expected to be substantially higher in 2012 than 2011, driven by the threat of expiring federal incentives, a report says. While facing policy uncertainty beyond 2012, the United States remained one of the fastest-growing wind power markets in the world in 2011, second only to China, a report prepared by Lawrence Berkeley National Laboratory for the U.S. Department of Energy said. With around 6.8 gigawatts of new wind power capacity connected to the U.S. grid in 2011, wind power comprised 32 percent of all new U.S. electric capacity additions for the year, the report said. Projections are for continued strong growth in 2012, followed by dramatically lower additions in 2013 following the expiration of key federal incentives, a Department of Energy release announcing the report said Tuesday. Low natural gas prices and modest electricity demand growth threaten to dramatically slow new builds in 2013 and beyond, despite recent improvements in the cost and performance of wind power technology, the report's authors said.
A manufacturer of solar power mounting systems, Schletter, Inc., will invest $27 million to establish a production and distribution facility in Shelby, North Carolina, with plans to create 305 jobs by the end of 2016. The new facility in Shelby, which will serve as the production and distribution hub of Schletter’s east coast operations, will house all functions required to produce the company’s eight types of solar mounting systems. In addition to the manufacturing operations, the Shelby location will become Schletter’s U.S. headquarters. We’re excited to offer our customers improved delivery and service options by opening our second U.S. manufacturing facility and new U.S. corporate headquarters in Shelby, North Carolina,” stated Martin Hausner, President of Schletter Inc. “The decision to locate a manufacturing facility in North Carolina was primarily based on providing improved services for our East Coast customers; faster delivery of our products, and reduced logistics costs,” Ludwig Schletter, owner of the Schletter Corporation said. “We will never lose sight of our goals which include remaining a competitive force in the market while providing the highest quality product.”
Researchers have designed a new solar power module that uses a curved mirror to focus sunlight onto a 5-inch glass ball that then spreads the light evenly across a solar panel, leading to twice the power output of traditional solar panels when combined with high-efficiency solar cells. The design was inspired by telescope technology and the high-efficiency solar cells used by space agencies. The module also tracks the sun and rotates with it to increase its efficiency. The whole module is mounted on a steel 10-ft by 10-ft rotating frame that moves with the sun. “The tracker is fully automated,” Blake Coughenour, a graduate student in the UA’s College of Optical Sciences, explained. “The system wakes itself up in the morning and turns to the East. It knows where the sun will rise even while it’s still below the horizon. It tracks the sun’s path during the day all the way to sunset, then parks itself for the night.” One of the most interesting parts of the system is the mirror. The researchers came up with a dish-shaped mirror design that works very well for concentrating sunlight specifically for photovoltaics, as opposed to a solar thermal system.
A123 Systems Inc. (NASDAQ: AONE) , designer, developer, manufacturer and seller of rechargeable lithium-ion and energy storage systems, today reported a loss in its second quarter. However, shares of the Waltham, Massachusetts-based are gaining after it secured a financing deal. For the second quarter, AONE reported a loss of $82.9 million, or $0.56 per share, compared to a loss of $55.4 million, or $0.44 per share reported for the same period in the previous year. Revenue for the quarter fell 53% to $17 million. AONE’s results were worse than Street estimates. Despite posting worse-than-expected results, AONE shares are up sharply today after the company reached an agreement with Chinese auto parts maker Wanxiang Group Corp. for an investment of up to $450 million. The investment will help AONE to stay afloat. David Vieau, CEO of A123 Systems, said that today’s announcement is the first step toward solidifying a strategic agreement that the company believes would remove the uncertainty regarding its financial situation.
During the early morning hours of April 15, with a steady breeze blowing down Colorado's Front Range, the state's biggest utility set a U.S. record -- nearly 57% of the electricity being generated was coming from wind power. As dawn came and the 1.4 million customers in Xcel Energy's service district began turning on the lights, toasters and other appliances, the utility's coal and natural gas-fired power plants ramped up production and brought wind's contribution back closer to its 2012 average of 17%. lities have long been wary of placing too much finicky renewable power on the grid. "A lot of utilities don't want to contract large amounts of wind because it's volatile," said Amy Grace, a wind analyst at Bloomberg New Energy Finance. "Anything over 25%, and utilities get nervous." Colorado's overnight high-water mark demonstrated that utilities can indeed incorporate cleaner power sources into the mix.
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.
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