Saudi corporate entities set sights on sun and solar power

Saudi corporate entities set sights on sun and solar power

Commercial Solar, Solar Power, World News
Facing rising energy consumption, the Kingdom of Saudi Arabia is getting serious about wind and solar power to offset domestic oil use. Corporate entities - reading the political tea leaves - are beginning to see solar power specifically as an actionable hedge against projected rises in energy costs. A most telling recent announcement hit on October 18, 2017, when news broke that the The Saudi Public investment fund (PIF) has established the new energy services company - ‘Super ESCO.’ This new energy services company has been funded a healthy $507M, and is intended to work with the Ministry of Energy, Industry, and Mineral Resources; Ministry of Finance; and the Saudi Energy Efficiency Centre. The goal is to reduce government spending on the energy sector by 2030, as laid out by…
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15,000 solar jobs, $600MM in salaries at risk in Massachusetts

15,000 solar jobs, $600MM in salaries at risk in Massachusetts

Commercial Solar, Community Solar, Opinion, Politics, SREC
Time to look at the wider benefits of solar to the MA economy The solar industry in Massachusetts has been cranking away for nearly a decade and is on the verge of grinding to a halt. With solar’s future hanging in the balance, we should examine what the wider benefits of solar have been for the state. The State’s main utilities, National Grid and Eversource, enjoy the monopolistic power in the territories that they control, and as such, whatever the price of electricity, they will ALWAYS make a profit. But what happens to the money that their customers pay them every month could have wider implications for the State’s economy. Three scenarios for solar in the state's future. In the “do nothing” scenario, where solar is left to flounder, we’re going…
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Is the outlook for Solar cloudy in Massachusetts?

Is the outlook for Solar cloudy in Massachusetts?

Commercial Solar, Community Solar, Politics
By almost every imaginable measure, Massachusetts’ solar movement has been a resounding success, yet its future is in doubt Pushed forward by a number of tailwinds, including the Federal Investment Tax Credit, the State-imposed Renewable Energy Portfolio Standards (which created the SREC and SREC-II Programs), and some of the highest retail prices for electricity in the country - solar in Massachusetts has helped lead the way for the country in moving towards more environmentally sustainable energy generation. In addition, job growth in the Bay State has been robust. The state has added over 15,000 solar employees and almost 100,000 clean energy and efficiency professionals. In fact, Massachusetts ranks only behind the much more populous California among states with the most people employed in the solar industry. Unfortunately, this means that…
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The Utilities OWN the Massachusetts House

The Utilities OWN the Massachusetts House

Commercial Solar, Community Solar, Government, incentives, Politics, public opinion
It amazes me that something so important to the State of Massachusetts can be manipulated and controlled so easily by a couple of power companies. "...the truth is the House squandered an enormous amount of time, probably by design. The Senate voted to lift the cap during the summer, but the House waited until the day before the Legislature recessed for the holidays before reporting its bill out of the House Ways and Means Committee." Projects will be cancelled, I see them not move through on a daily basis, due to our Legislature not doing their job. And these people - still getting paid - will now force other people out of work. Electricians, salespeople, engineers and more. Because politicians purposely ignored their responsibility. One of the few programs in…
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LADWP increases rates yet again, solar users continue to save

LADWP increases rates yet again, solar users continue to save

Commercial Solar, Residential Solar
A severe drought in the state of California over the past couple of years has caused many conscious citizens to cut back significantly on their water use due to fines for excessive water usage and environmental consciousness. Though these measures taken by Los Angeles improve the condition of the state’s drought, residents are clearly unhappy with their cut back on water as the Los Angeles Department of Water and Power (LADWP) increases rates. Recently, LADWP increases rates on water yet again by 4% for homeowners in Los Angeles. While residents have worked hard to conserve water, less consumption of water resources have led to lower revenue for LADWP. In fact, they allegedly suffer losses of about $110 million from what they usually collect. With no other option to recover the loss, LADWP was…
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Tax credits, reduced costs make solar power shine in Florida

Tax credits, reduced costs make solar power shine in Florida

Commercial Solar, incentives
Fields and rooftops filled with reflective slabs soaking in the power of the sun and converting it to energy appear to be all the rage this year with utilities and businesses throughout Tampa Bay. Company officials say they’re adding solar arrays because they want to be a good environmental partner, but building them now, by most accounts, just makes financial sense. [adinserter block="1"] Several factors play into the trend that has rooftops and parking lots glistening with mirrored panels at Tampa International Airport, Great Bay Distributors in St. Petersburg, Lockheed Martin in Oldsmar and other local sites. The growing trend reflects a dramatic drop in price for an alternative energy source long thought too expensive to be cost efficient. The reduced costs have been attributed to the mass production of…
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Hardware shortages may slow solar growth in 2016

Hardware shortages may slow solar growth in 2016

Commercial Solar, Community Solar
Dive Brief: The rush to install solar before the 30% federal investment tax credit (ITC) reverts to its pre-2006 10% levels at the end of 2016 has sparked a backlog of orders for modules and inverters that could slow solar growth, ECT reports. The shortage is causing scheduling difficulties for electric cooperatives developing utility-scale and community solar projects with average delivery times set at six months from large manufacturers and distributors, and could be fully booked for 2016 by early December. The National Association of Rural Electric Cooperatives urged members to place 2016 solar hardware orders before the year’s end. Dive Insight: The bottleneck in orders has birthed concern from 14 electric cooperatives participating in the Department of Energy-sponsored Solar Utility Network Deployment Acceleration (SUNDA) project, which aims to increase co-op deployment of solar. If…
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