The Rise & Shine is your daily source for all solar industry-related news.
CALIFORNIA NEWS
Experts Wary of Pickens Clean-Energy Plan. Energy analysts say parts of it seem plausible, other parts don’t and the timetable is probably unrealistic. It also would substitute one expensive fossil fuel for another.
Palm Desert Makes History With Energy Plan. Palm Desert made history on Thursday with the creation of California’s first energy-efficient loan program aimed at accelerating efforts to cut energy consumption.
Thousand Oaks Looking to Expand Its Use of Solar Power. The city has saved $91k this year at its Hill Canyon Wastewater Treatment Plant with solar. Rogers’ goal is to save $200,000 during this budget year, which will end June 30. City officials are now looking to bring solar power to the Civic Arts Plaza and the main library.
NATIONAL NEWS
Will the Solar Boom See a Short Term Fade? Experts predict a worldwide glut of solar panels and a short-term shakeout of the U.S. sun-power industry that could slow investment in factories of the type state officials are scrambling to attract.
SunEdison & Q Cells Sign 800MW Module Development Deal. SunEdison entered into a 5-year, 800MW development agreement with Q-Cells to help bring solar to a meaningful scale for the industry.
XsunX Launches Turning Renewable Energy Into Renewable Revenues Initiative and Garners First 100kW Project. XsunX provided an update to its business development initiative to utilize a portion of its future TFPV solar module manufacturing capacities for the construction of solar power fields.
UTILITY INDUSTRY & REGULATORY NEWS
Coping With Outages. Nstar, the largest investor-owned utility in Massachusetts, hopes two IT projects will help it achieve a very aggressive goal: to boost its customer-service rankings into the top 25% of Eastern U.S. power providers over the next 5 years.
FPL Touts Nuclear Energy As A Renewable Source. Silagy said FPL is not turning away from solar, but ”it just makes sense for nuclear to be included” a baseload power supply.
Driving Adoption of Renewable Energy. Palo Alto Utilities has partnered with 3Degrees to encourage residents to sign up for PaloAltoGreen, which provides 100% renewable energy from wind and solar power sources. Over 20% of all residents have joined the program.
FINANCIAL NEWS & MARKETS
Xunlight Raises Another $11M for Thin-Film Solar Modules. Xunlight has secured another $11M in third round funding from a group of institutional investors, led by Rabo Ventures.
Silfab S.p.A Receives ?30 Million Capital Investment. Silfab S.p.A. has approved an investment in Silfab an amount of ?30 million equity.
MARKETS & MARKET RESEARCH
Solar Energy Can Bring Clean Energy to Over 4 Billion People By 2030. This is the main conclusion of the Solar Generation report, published by Greenpeace and the European Photovoltaic Industry Association (EPIA) today.
GOVERNMENT & POLITICS
Renewable Energy Firms Clamour for Tax Breaks. Congress is putting the short-term future of renewable energy companies in jeopardy even as the presidential candidates and most lawmakers hail windmills, solar panels and biofuels as long-term solutions to high gasoline prices and global warming.
INTERNATIONAL NEWS
Solar Panels on Vatican Hall First of Several Projects, Says Engineer. The Vatican will begin installing some 2,400 solar panels in late September, the first of several projects aimed at exploiting renewable energy resources in the tiny city-state.
EDF Energies Plans Cap Hike for Solar Spree. EDF announced plans for a 500M euro rights issue aimed at expanding into solar activities alongside its wind power business.
ET Solar Group to Provide 50MW of Turnkey Systems for Wattner AG. ET Solar announced a master agreement for the turn-key construction of solar power plants for Wattner Group of Cologne.
Linde Nippon Sanso to Power Spain’s First Thin Film Solar Plant. Linde Nippon Sanso has been awarded the exclusive contract to supply high purity gases to Spain’s first thin film solar cell manufacturing plant set up by T-Solar S.A. in Ourense, Galicia, Spain.
First Solar Power station in Israel is Up and Running. The new solar station, built by Moshe Tenne, consists of thin-film solar panels on a cowshed roof and an array of multicrystal silicon solar cells that are spread out over the farmland.
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