SEIA Launches New Campaign to Extend Solar Investment Tax Credit
The 30 percent solar investment tax credit (ITC) is set to be reduced to 10 percent in 2016, so the Solar Energy Industries Association (SEIA) has launched a new campaign for a long-term extension. SEIA President Rhone Resch explained the importance of…
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Solar power is at a unique place in history. It’s growing rapidly, its price is falling precipitously. Within the next 10 years, it will compete favorably with utilities for electricity sales, on price, and without subsidies. Given its rapid ascent, it might seem silly to talk about change. But the continued expansion of distributed solar power ma
Roofing systems are valuable assets designed to perform a critical function — protect the top of a building. A building’s roof may not have been designed to become the permanent platform for a heavy photovoltaic (PV) system. But throughout the world, rooftops are being converted into solar power systems as building owners, energy advisory agencies and other decision-makers attempt to capitalize on the environmental and financial benefits of installing a rooftop PV system.
The EPA’s proposed rule to regulate carbon dioxide from existing power plants emphasizes the ample flexibility it provides to states. However, careful analysis of the rule shows that it provides significant flexibility for how states can achieve the required CO2 reductions, but little flexibility on when to achieve them. In fact, most of the emission reductions it calls for are required in 2020, the rule’s first year.
With few exceptions, most commercial projects we see come from developers going out to the market with each individual project, which will then go to the highest bidder. That sounds straight-forward. Why wouldn’t a developer want to go after the highest price? Two words: transaction costs. Though auctioning a project to the highest bidder and getti