The discussions in Brussels last week concentrated on four key areas
THOUGHT-PROVOKING EDUCATION PROGRAM AT PV AMERICA EAST 2013 ADDRESSES KEY SOLAR ENERGY INDUSTRY TOPICS
Conference program keeps industry professionals connected, current and competitive
As more solar manufacturers stumble into bankruptcy, solar installers have been booming thanks to plunging prices for photovoltaic panels and the availability of cash to finance leases that allow homeowners to go green with little or no money down. Yet as SolarCity’s $201 million initial public offering filing shows, installers like the Silicon Valley startup face some of the same risks roiling the solar industry. SolarCity may be in the business of putting solar panels on rooftops but its success – revenues have more than doubled to $71 million since 2009 – relies on putting together investment funds that finance those installations for homeowners in return for monthly lease payments. Over the past three years, SolarCity, founded by Elon Musk’s cousins Lyndon and Peter Rive in 2006, has persuaded companies like Credit Suisse, U.S. Bancorp, Google and utility PG&E to put $1.57 billion into 23 funds to finance leases. More than 90% of SolarCity’s customers now opt to lease rooftop panels rather than purchase them, according to the IPO filing made public Friday. Investors have flocked to those funds to cash in on a 30% federal investment tax credit for solar systems. That incentive was particularly attractive between 2009 and 2012 when the government allowed investors to take the credit in the form of a cash payment. After 2016, the tax credit will fall to 10%.
Spain's Government about to deal a death blow to STE sector which contributed EUR2084 M to GDP in 2011
Spanish leadership in STE is at risk and creates legal uncertainty in opposition to Spain's PM speeches----- Spain will have to face numerous claims in the international arbitration courts and will generate mistrust in foreign investors----- The government doesn't take into account the benefits of the STE sector for domestic economy; every euro received by STE as incentives returns five to the GDP and two through taxes and savings
The halls were abuzz with excited conversation about the bright future of the U.S. solar market.
SINCE JANUARY, RENEWABLES ACCOUNTED FOR 46% OF ALL NEW U.S. ELECTRICAL GENERATING CAPACITY
FuelCell Energy Announces Sale of a Stationary Fuel Cell Power Plant to Cleanly and Efficiently Power a London Office Tower
20 Fenchurch Fuel Cell Installation Supports City of London Low Carbon Zone Program
The event has strong international partners
Stage prior to industrial application achieved
This decrease of new plants in Germany will also urge the German plant manufacturers to expand abroad.
The European Solar Thermal Industry Federation (ESTIF) marks its 10th anniversary and elects a new Board of Directors
Sessions will focus on policies and practices that advance jobs and economic development through in-state development of renewable energy.
New leadership elected to meet growing challenges and opportunities for fastest-growing energy source
This is the largest single order from CommScope since the announcement of the strategic alliance between CommScope and Hydrogenics in 2010.
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