VA Selected for Nation's 2nd Offshore Wind Energy Lease Sale
Governor Bob McDonnell issued the following statement this morning following news that the Bureau of Ocean Energy Management has selected an area off the coast of Virginia as the site of the nation's second offshore wind energy lease sale. On September 4 th , the Department of the Interior will auction 112,799 acres offshore of the Commonwealth in a competitive lease sale. The area will be sold as one single lease and it is anticipated it will support 2000 megawatts of wind generation and enough electricity to power 700,000 homes.
"Today, the Department of the Interior's Bureau of Ocean Energy Management announced the formal date for the auction of lease blocks in federal waters off Virginia's outer continental shelf for the commercial development of offshore wind energy. This will be only the second offshore wind energy lease sale in American history and it is an exciting and significant step in our bipartisan effort to advance Virginia's ‘all-of-the-above' energy strategy. I want to thank Interior Secretary Sally Jewell and her team at BOEM for moving this project forward as part of a comprehensive approach toward meeting our nation's energy needs and creating more good jobs for our people.
"Earlier in our Administration we were pleased to accept the invitation of then Interior Secretary Ken Salazar to join the Department's Offshore Wind Consortium, and we worked with the Secretary on the ‘Smart from the Start' program. Together with the General Assembly, we created the Virginia Offshore Wind Development Authority (VOWDA) to oversee the data gathering, research and planning that must be done to support offshore wind development off of Virginia's coast. As part of that effort we are currently working toward final approval of two offshore wind research leases.
"Virginia's coast is ideal for wind development. The gradual slope of the Outer Continental Shelf and consistent offshore wind speeds make this a natural geographic location for the commercial utilization of offshore wind resources. At the same time, Virginia enjoys a robust commercial ship building industry poised to become the center of construction for the component parts needed to build the specialized ships, turbines and towers necessary for these upcoming leases, and potentially for additional future wind leases on the east coast. This will result in millions of dollars in industrial activity and the creation of many new high-skilled jobs in our state.
Upsolar Teams with the Greenheart Project on Emissions-Free Ship
Solar-powered S/V Greenheart to drive global economic development opportunities
Assurant's Solar Group Selected by CEFIA to Protect $60 Million Residential Solar Lease Program
Assurant, Inc's solar group today announces it will provide an insurance bundle and warranty management program for residential solar projects and solar thermal (hot water) heaters under Clean Energy Finance and Investment Authority's (CEFIA) new $60 million solar lease program in Connecticut.
Solar Energy Storage About To Take Off In Germany and California
Visitors to last week’s Intersolar North America conference in San Francisco could not help but notice the presence of a benign invader: energy storage vendors. Half the second-floor exhibition space at the Moscone West convention hall had been rented by energy storage companies.
According to Markus Elsaesser, CEO of Intersolar, the number of companies exhibiting energy storage technologies at Intersolar has increased from about a dozen just three years ago to more than 200 this year.
The surge in companies entering, or expanding into, the energy storage space is no accident. Bankruptcies, a panel supply glut, and falling feed-in tariff rates have shaken the PV industry. Panel and system manufacturers are looking for ways to grow earnings, and one likely new revenue source is energy storage. According to Elsaesser, the PV industry expects to boost revenue by $10 billion by 2017 globally with storage.
“The PV industry needs to look for future profit pools,” Markus Hoehner, founder of theInternational Battery and Energy Storage Alliance(IBESA), said at an Intersolar briefing. “When we look at the PV industry on the global level, most of it was feed-in tariff driven. It was about IRR [internal rate of return], making money out of the PV system. Now, due to the downturn in the feed-in tariff markets, and due to the much lower system cost, we’re talking about saving money.”
Homeowners in markets with high retail electricity rates, he said, are looking to shield themselves from rising energy costs with storage. Take the example of Germany. Matthias Vetter , a researcher with theFraunhofer Institute for Solar Energy Systems(ISE), who also spoke at the briefing, said that he pays 26 euro cents ($0.34) per kilowatt-hour (kWh) for grid electricity in Germany.
Clenergy sponsors Xiamen University in SD China competition 2013
Clenergy is proud to announce its sponsorship of the Xiamen University's Solar Decathlon (SD) team. Clenergy provides a tailor-made roof mount solution combined with expert technical support for the project.
Fiera Axium Infrastructure completes acquisition of 42 MW solar PV portfolio
The projects, initially developed by Ontario Solar PV Fields Inc., comprise four solar PV facilities with 42 MW of aggregate generation capacity located in Ontario in the townships of Ramore, Hearst, Kapuskasing and Wainwright.
SoftBank & Bloom Energy Form Joint Venture to Provide Clean, Reliable, and Affordable Energy to Japan
Bloom Energy Servers to provide continuous, reliable onsite electricity at predictable prices to office buildings, hospitals, data centers, government agencies and other large commercial enterprises
REC to Separate the Solar and Silicon Business
Launching Two New Pure Play Industry Leaders to Capture Strong Solar Energy Growth
Global Energy Storage Market to 2020
GBI Research's new report, Global Energy Storage Market to 2020
Vestas Announces Wind Analysis Software Compatibility with NRG Systems Fleet Management Tool
Program integration streamlines transition from wind resource measurement to analysis.
AlsoEnergy Rolls Out New Renewable Energy Solutions at Intersolar North America
AlsoEnergy unveiled two new offerings at last week's Intersolar North America 2013
Masdar PV secures loan for 11.7 MW solar photovoltaic park in Germany
Non-recourse project financing for the 11.7 MW PV solar park owned by Masdar PV GmbH
Composites blowing in the wind
The fourth AMI annual global forum on Wind Turbine Blade Manufacture 2013 takes place from 3-5 December 2013 in Dusseldorf
Cost-Effective Residential Solar Monitoring now Available from North America's Commercial Monitoring Leader
"DECK Residential" includes a cellular modem for quick and easy installation—at the lowest price point ever from DECK Monitoring!
Overflow Intersolar Crowd Votes Sungevity's "The Killa Watts" Champion of Solar Battle of the Bands: Round 3
Attendees of the event voted for their favorite band.
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