rooftop solar power News
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Petronas acquires Amplus Energy, forays into clean energy space
The acquisition is the first international solar venture of Petronas It marks the foray of Malaysian oil giant into the global clean energy industry Malaysian state-owned oil and gas company Petronas has reportedly announced that it has acquired one of India’s largest rooftop solar power manufacturers, Amplus Energy Solutions Pvt. Ltd. As per trusted sources, the acquisition is the ...
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Are printable solar panels the future of solar power?
"Despite places like Australia being bathed in sun, the cost of traditional silicon-based solar cells hasn't inspired people to buy, buy, buy," said Johnny Lieu at Mashable​. But new superthin, printable solar panels could bring the price of rooftop solar power down dramatically. Researchers at the University of Newcastle in Australia are testing solar cells that use electronic inks ...
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PM Modi reviews power sector, says state-specific solutions needed
Prime Minister Narendra Modi has emphasised on the need to enhance consumer satisfaction while increasing operational efficiency and improving financial sustainability of the power sector. Reviewing the work of Power, and New and Renewable Energy ministries on Wednesday evening, Modi pointed out that the problems in the power sector, especially of electricity distribution segment, vary across ...
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Prologis, SCE, Kimberly-clark announce installation of a major single rooftop solar power system at California Distribution Center
Prologis Inc. (NYSE: PLD), Southern California Edison (SCE) and Kimberly-Clark Corporation (NYSE: KMB) today announced that Kimberly-Clark's Redlands, Calif. distribution center has received one of the largest single rooftop solar power installations in the country. Expanding on the 100 kilowatt solar array installed in 2009, the 4.9 megawatt (DC), or 3.5 megawatt (AC), solar installation now ...
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Macy`s Goes Solar in 26 California Stores
SAN FRANCISCO, California (ENS) - Macy's plans to install solar power systems and reduce energy consumption in 26 stores throughout California in partnership with SunPower Corporation, a Silicon Valley manufacturer of solar power equipment, the retailer announced Tuesday. SunPower's subsidiary PowerLight will install rooftop solar power systems on the selected Macy's stores. 'The move to ...
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Lease option increases rooftop solar’s appeal, study says
Rooftop solar panels are attracting a new demographic of customers who are choosing to lease rather than buy, and enjoying the low upfront costs and immediate savings. The new third-party-lease business model lets homeowners save money the very first month, rather than breaking even a decade later after an initial investment of $10,000 or $20,000. Analysts with the U.S. Department of ...
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SunPower and U.S. Bancorp to Finance Residential Solar Lease Projects
SunPower Corp. (NASDAQ: SPWR) today announced a new program with U.S. Bancorp (NYSE: USB) to expand financing options available to homeowners interested in high-efficiency SunPower solar power systems, the most efficient solar technology available today. Two to three thousand homes are expected to benefit from the new program. "U.S. Bank is pleased to help advance SunPower's efforts to make ...
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Western lawmakers vow to increase state renewable energy portfolios
With President Donald Trump vows to revitalize America’s fossil fuel industry, Western lawmakers are making good on promises to increase their reliance on renewable energy and limit greenhouse gas emissions. With President Donald Trump vows to revitalize America’s fossil fuel industry, Western lawmakers are making good on promises to increase their reliance on renewable energy and ...
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Citi and Credit Suisse Team with SunPower to Provide Financing for up to $325 million of Residential Solar Lease Projects
SunPower Corp. (NASDAQ: SPWR) today announced new commitments from Citi (NYSE: C) and Credit Suisse (NYSE: CS) that will provide financing to support approximately $325 million of residential solar lease projects. SunPower will use the funds to supplement its successful SunPower® Lease program to U.S. residential customers, expanding the financing options available to homeowners interested in ...
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McCormick Achieves Net-Zero Energy Use with Constellation Energy
McCormick & Company, Inc. (NYSE: MKC) and Constellation Energy, a business unit of Exelon (NYSE: EXC), today announced that McCormick’s 363,000-square-foot distribution center in Belcamp, Md., now generates more electricity than it uses. Constellation Energy's rooftop solar power system at McCormick & Company's Belcamp, Md. distribution center. (Photo: ...
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SunPower and Citi Team to Finance $105 Million in Residential Solar Lease Projects
SunPower Corp. (NASDAQ: SPWRA, SPWRB) and Citi (NYSE: C) today announced a new fund for approximately $105 million in residential solar lease projects. SunPower will use the fund to extend its SunPower® Lease to customers in eight states, expanding the financing options available to homeowners interested in high-efficiency SunPower solar power systems, the most efficient solar technology ...
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PG&E Honors Martinez Unified School District As 75,000th Solar Customer In Northern And Central California
Pacific Gas and Electric Company (PG&E) today celebrated the Martinez Unified School District (MUSD) as the 75,000th solar customer in its Northern and Central California service area. Through the California Solar Initiative (CSI) program, PG&E provides rebates that will total more than $1 million for the school district's nine solar systems that are expected to generate approximately ...
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Ex-Im Bank Approves $780,000 Loan Guarantee To Finance U.S. Solar-Module Exports to Mexican Rooftop Solar-Power Project
A U.S. solar-module manufacturer and a Mexican company are both benefiting from the support of the Export-Import Bank of the United States (Ex-Im Bank). In a recently approved transaction, Ex-Im Bank will guarantee a $780,000, 10-year loan to be made by UPS Capital Business Credit to finance the export of photovoltaic (PV) solar modules from Suniva Inc. in Norcross, Ga., to a rooftop ...
By Suniva, Inc.
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Mosaic awarded $2m from department of energy for solar finance innovation
The Department of Energy (DOE) SunShot Initiative has just awarded a $2M grant to Solar Mosaic, a new company that the DOE believes could help take solar mainstream by building an online crowdfunding platform for everyday Americans to create and fund solar projects. At the SunShot Grand Challenge Summit, where the award was announced, DOE Secretary Steven Chu compared the Sunshot initiative to ...
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Capacity From Renewables Has Overtaken Fossil Fuels
A major green milestone has been reached on Britain's electricity grid, as the total capacity available from renewables has overtaken fossil fuels for the first time, according to the latest Drax Electric Insights report.A third of fossil fuel generating capacity has retired over the last five years - whilst the capacity from wind, solar, biomass, hydro and other renewables has tripled, taking ...
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Brazilian Rooftop Solar Cheaper than Grid: Government Report Out
Since ANEEL released new legislation regarding solar power this April, there has been an explosion in interest in the Brazilian solar market. Empresa de Pesquisa Energetica, better known as EPE, is the research arm of the Ministry of Mines and Energy in Brazil. In their comprehensive 60 page report released a matter of weeks ago, they cover everything from Brazil's solar resources and existing ...
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Solar Will Be Everywhere, Danny Kennedy Will Declare at Penton’s “The California Renewables Rush” Conference in San Francisco
Danny Kennedy, managing director of the California Clean Energy Fund and co-founder of Sungevity, will explore the imminent explosive growth of solar when he headlines the April 6 "The California Renewables Rush" conference, hosted by Penton‘s The Energy Times. As an internationally recognized clean-technology entrepreneur and environmental activist, Kennedy will reflect on the journey to ...
By Informa PLC
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Dutch to test solar panels on bicycle path
A project dubbed "SolaRoad" gets underway in the Netherlands this week, testing roadways as a potential canvas to collect solar energy. Fittingly for the cycle-crazy Dutch, the first SolaRoad is a bike path not far from Amsterdam. The path is built of massive, Lego-like modules of solar panels embedded in concrete, each with heavy-duty glass on top protecting them from wear. An additional rough ...
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DOE Awards $45 Million to Advance Solar Manufacturing and Grid Technologies
The U.S. Department of Energy this week announced $45 million for projects that will help seamlessly integrate clean energy sources onto the grid, supporting the Biden Administration's goal of a decarbonized power sector by 2035. As solar and other renewable energy are rapidly deployed throughout the country, these projects are developing new technologies and capabilities to bolster the ...
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Growing Demand for New Production Homes with Solar
Based on data provided by the California Solar Initiative (CSI),sales of new production homes with rooftop solar power systems nearly doubled from 2011 to 2012, signaling increasing home buyer demand to control monthly electricity costs using clean, renewable solar power. To view the multimedia assets associated with this release, please click: ...
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