President Donald Trump on Tuesday imposed 30 percent tariffs on imported solar panels, a move many experts decreed would hurt the United State solar industry.
The United States International Trade Commission recommended tariffs up to 35 percent on imported solar panels. President Trump settled for slightly less.
Vice chair of the Georgia Chapter of the Solar Energy Industry Association Pete Marte believes that while a select few domestic companies will benefit from the decision, it overwhelmingly hurts the industry at large.
Rolling Stone takes an in-depth look at how President Trump’s decision stands to impact millions of Americans. Perhaps the most important revelation is the contrast between clean and renewable energy and the fossil fuel industry. President Trump received over $10 million from fossil fuel interests for his inauguration, according to public records.
One silver lining for international companies can come in the form of trade exceptions — though it may not be easy for them to be approved.
Energy Secretary Rick Perry announced plans for the Department of Energy to promote a $3 million American Made Solar Prize to encourage American entrepreneurs and STEM employees to create new solar innovations to drive the American solar market.
Inside Climate News examines that while the tariffs may not hurt the United States as much as initially anticipated, any limp for the industry threatens to set it back against international competition.
States make independent stands to help subsidize the American solar industry.
The decision to go solar is both an economic and environmental investment.
New York State’s Clean Energy Initiative requires the state run on 50 percent clean and renewable energy by 2030. NY – Sun was created to support this measure.
NY – Sun is a New York taxpayer benefit program that allows qualifying homeowners to make the easy switch to solar energy.
Click here to see if your house can qualify for NY-Sun and begin your quest for energy independence today.Read More
During the past 5 years, NY has increased it’s energy use of solar by nearly 800%.
As solar has begun to become one of the cheapest sources of new energy, the decision for consumers to switch energy sources is not just a green or environmental decision but rather a fiscally conservative one. This article in Futurism provides more details.
In a recent online article (click here for article) Governor Cuomo boasts of New York’s explosive solar growth in large thanks to both public and private sector access to capital.
“According to the governor’s office, the megawatts of solar power installed throughout the state increased by 795 percent over the last five years.”
The continued investment in renewable energy is making electricity more affordable for New Yorkers and and also helping build a more resilient and versatile energy system for the State.Read More
The United States solar market just shattered all previous quarterly solar photovoltaic (PV) installation records. According to GTM Research and the Solar Energy Industries Association’s (SEIA) Q4 2016 U.S. Solar Market Insight report, 4,143 megawatts (MW) of solar PV were installed in the U.S. in the third quarter of the year, a rate of one MW every 32 minutes. That pace is even faster today, as the fourth quarter will surpass this past quarter’s historic total.
The report points to an “unprecedented rate of project completion” in the utility-scale segment as a key growth driver. In fact, the utility-scale segment represented 77 percent of solar PV installed in the third quarter of the year. GTM Research anticipates that a massive 4.8 gigawatts (GW) of utility PV projects will come on-line in the fourth quarter of the year – that’s more than was installed across the entire utility PV segment in all of 2015.
“Driven by a large pipeline of utility PV projects initially procured under the assumption of a 2016 federal ITC expiration, the third quarter of 2016 represents the first phase of this massive wave of project completion – a trend that will continue well into the first half of 2017,” said Cory Honeyman, associate director of U.S. solar at GTM Research.
The non-residential segment posted its second largest quarter ever. With 375 MW installed, the segment grew 15 percent over the second quarter of the year and 37 percent annually. Part of this growth is attributed to a community solar pipeline that is finally beginning to materialize, a segment that accounted for a record 20 percent of the non-residential PV market in Q3 2016.
This past quarter marks the sixth consecutive quarter in which more than a half GW of residential PV was installed; however, the segment is experiencing a slowdown from its peak growth quarters. The residential PV segment grew just 2 percent year-over-year and actually fell 10 percent from last quarter’s total. The report cites changes in the sales cycles in mature state markets, like California, and challenges posed by rate design reform, such as the elimination of net metering in Nevada, as reasons for the shift.
A mere three years ago, the United States eclipsed 10 cumulative GW of PV installed. By the end of 2016, GTM Research forecasts the United States to install 14.1 GW this year alone, up 88 percent over 2015’s total.
Primarily driven by utility PV, the U.S. installed 4,143 MWdc of solar PV in Q3 2016, increasing 99% over Q2 2016 and 191% over Q3 2015. This marks the largest quarter ever for the U.S. solar industry.
On average, a new megawatt of solar PV capacity came on-line every 32 minutes in Q3 2016.
Between Q1 and Q3 2016, solar accounted for 39% of all new electric generating capacity brought on-line in the U.S, ranking second only to natural gas as the largest source of new capacity additions.
Through Q3 2016, the U.S. solar PV market has already surpassed its record total from 2015, driven by 14 states that installed more than 100 MWdc between Q1 and Q3 2016.
In Q3 2016, California became the first state ever to add more than 1 GWdc of utility PV in a single quarter.
For only the second time in five years, the residential PV market fell quarter-over-quarter, primarily due to a slowdown in major state markets, especially California.
In Q3 2016, community solar added more capacity than the segment installed in all of 2015, playing a key role in supporting the second-largest quarter ever for the non-residential PV market.
GTM Research forecasts that 14.1 GWdc of new PV installations will come on-line in 2016, up 88% over 2015. Utility PV is expected to account for over 70% of that new capacity.
Innovative Solar Systems has just recently been awarded a total of 720 Megawatts of new Purchase Power Agreements (PPA’s) from large credit worthy Power Off-Takers in the Mid-West. The companies CEO states that receiving these 25 year contracts will enable ISS to more quickly sell and fund these new projects that range in size from 20MW to 80MW. All of the current sites are flat, and cleared which will make the sites easier and faster to construct thus maximizing investor returns on these portfolios. ISS currently has negotiated contracts with some of the largest EPC’s in the world and is building Turn-Key Solar Farms for $1/watt ALL-IN which includes single axis trackers and tier one panels and inverters. To further warranty and guarantee projects the EPC’s that ISS contracts with can supply insurance wrap policies to guarantee production of the sites and projects.
Innovative Solar is one of the few solar farm developers in the Unites States that can offer the complete solution when it comes to Solar Farms. The company develops all of their projects in house, has the best relationships with EPC’s and can provide everything from financing solutions to O&M contracts after the projects are brought on-line at COD. ISS has an expansive portfolio of projects for 2017 and currently has almost two hundred (200) projects in various stages of development for a total of almost 10GW’s of generation. Foreign Investors and buyers alike are coming to quickly love ISS due to the fact the company handles every part of solar farm development, from project inception all the way through financing and construction. Last year Innovative Solar Systems was ranked as the #4 Developer of Solar Farm Projects in the U.S. and this year the company will be #1 due to the company’s rapid growth and expansion.Read More
The Solar Energy Industries Association (SEIA) is hosting its popular Finance & Tax Seminar in Washington D.C. next week. The two-day event dedicated exclusively to the most impactful accounting, finance and tax issues facing the solar industry will cover the biggest issues of the day including the potential impact of the election on the solar industry.
Experts will weigh in on the outlook for tax reform, relevant financial developments, the interaction between the investment tax credit and the low income housing tax credit, and the tax challenges of energy storage. There will also be several networking opportunities including an “ask the experts” breakfast.
For the full agenda and a list of speakers go to: http://www.cvent.com/events/seia-finance-tax-seminar-fall-2016/agenda-9613883251a0416e9ba8cabb825e26ea.aspx
Dec. 7 –8
Event check-in and a networking lunch will start at 12:00 p.m. on Dec. 7
George Washington University
School of Media and Public Affairs
Jack Morton Auditorium
805 21st Street NW
Washington, D.C. 20052
Airbnb, the world’s leading community-driven hospitality company and SolarCity Corp., the nation’s #1 solar power provider, are announcing a new partnership that will connect Airbnb hosts and guests with an affordable and sustainable way to power their homes with solar energy, and are releasing estimates of the environmental benefits of home sharing for travelers.
Through the partnership, SolarCity will offer members of the Airbnb community a rebate – up to $1,000 cash back – on all solar panel systems. The rebate is available to Airbnb members in each market where SolarCity currently operates, and homeowners can choose the solar option that works for their homes. Additionally, new and current SolarCity customers who become Airbnb hosts will receive a $100 Airbnb travel credit.*
Home sharing is a more environmentally sustainable way to travel. Based on methodology developed by Cleantech Group1, Airbnb estimates that over the last year, by choosing Airbnb instead of hotels, Airbnb travelers in the US have reduced:
- Water consumption by 4.2 billion liters, the equivalent of 1,700 Olympic size swimming pools
- Greenhouse gas emissions equivalent to keeping 560,000 cars off the road for a year
- Waste generated by 37,000 metric tons
- Energy consumption equivalent to the amount used by 280,000 homes in one year
“Since 1998 we have had 15 of the 16 hottest years recorded and climate change is changing the way we make decisions – everyone is thinking about making better use of what we have. Travelers, especially millennials, want a more sustainable choice and homeowners want to make better use of the 13 million empty houses and 36 million empty bedrooms in the United States alone. Cleantech Group estimated that the average Airbnb guest night results in 61% less CO2 emissions as compared to a night in a hotel. At the same time, Airbnb is an economic empowerment tool for hosts who can use their homes – typically their greatest expense – to share space and generate a little extra money to pay the bills. We’re excited to work with SolarCity to make renewable energy more affordable and accessible to everyone in the Airbnb community,” said Chris Lehane, Airbnb’s Head of Global Public Policy & Communications.
When homeowners go solar with SolarCity, they can take control of their energy needs by using solar electricity that costs less than they would pay for utility power. Solar power also enables them to secure predictable monthly costs for years into the future. As a full service provider, SolarCity makes going solar easy for homeowners by handling everything from financing and permitting to installation and maintenance. The average SolarCity solar power system is estimated to offset over 150 metric tons of carbon dioxide pollution over its lifetime, which is equivalent to leaving more than 166,000 pounds of coal unburned or offsetting 125 road trips from San Francisco to New York.
“Our partnership with Airbnb demonstrates the important role energy plays in our everyday lives – including travel – and how clean energy can reduce everyone’s carbon impact on the world,” said Toby Corey, President of Global Sales and Customer Experience, SolarCity. “Homeowners that make the simple switch to solar energy can save money on utility bills and fix their energy costs for years to come. This partnership will create the first opportunity for many Airbnb guests to stay in a solar-powered home, and allow them to experience first-hand how easy it is to use clean energy to contribute to a cleaner, healthier society.”
Experts in the environmental community and former city officials are encouraged by this type of partnership between a renewable energy provider and a hospitality company that can influence the green habits of millions of travelers.
“U.S. energy consumers overwhelmingly want more solar powering their homes and communities, so it’s exciting to see business leaders like Airbnb working to meet that demand head on,” said Adam Browning, Executive Director of Vote Solar. “This partnership shows that solar is as good for business as it is for the health of our families and stability of our climate.”
“Cities need to embrace green technology in order to modernize and thrive. Solar power will allow countless citizens across the U.S. to reduce their impact on the environment and protect their home towns for future generations of residents and visitors,” said Michael Nutter, former Mayor of Philadelphia, PA and Chair of Airbnb’s Mayoral Advisory Board.
“Expanding sustainability programs, particularly in the tourism markets, is a key driver of economic development initiatives of cities across the world. Through this partnership, everyday citizens who use Airbnb to host travelers and explore new destinations can protect our planet by investing in renewable and affordable solar power. This is an economic and environmental win,” said Annise Parker, former Mayor of Houston, TX and member of Airbnb’s Mayoral Advisory Board.
To learn more about the Airbnb and SolarCity partnership, visit: http://www.solarcity.com/airbnb.Read More
For the past couple of years, a leading Utility Scale Solar Farm Developer in the US (ISS), has implemented, what many consider to be, the largest and most aggressive pipeline of Solar Farms Projects in the Western Hemisphere.
This developer has over 120 Solar Farm Projects, active in development, in over 17 states. These projects have a projected power generation of over 5.5 GWac. Among these 120+ Solar Projects, there are some “Crown Jewels” with extremely high PPA’s waiting to be pre-purchased by a lucky partner.
It will, of course, take more than luck in acquiring the ‘Crown Jewel’ of these Solar Farms. What it takes is access to and investment in this pipeline of Solar Projects. This will result in the rights to acquire Solar Projects out of this pipeline. And that is exactly the attractive offer this Solar Developer is offering. Don’t delay as this offer will not last as many large clients worldwide are examining these solar farm investments and this offer as this release goes out.
Having undergone such growth and success, this Solar Developer is seeking strategic and financial partners in order to further develop these Solar Projects to a point of sale and long term ownership. This partner will be granted access to these Solar Projects, and will have the opportunity to acquire rights to Solar Projects before they hit the market or are offered to the Solar Developer’s current clients.Read More
Calling it a “key step” in New York’s ongoing efforts to expand the use of clean solar energy statewide, the Solar Energy Industries Association (SEIA) is predicting that this week’s launch of the NY-Sun Commercial/Industrial MW Block Incentive Program will help to create hundreds of new jobs and spur economic development statewide.
SEIA President and CEO Rhone Resch said the NY-Sun Initiative is clearly working. Cuomo, his administration, legislative leaders and the New York State Energy Research and Development Authority (NYSERDA) for the successful launch of the MW Block Incentive Program and for their commitment to New York’s clean energy future.
That’s enough clean, affordable energy to power nearly 70,000 homes. Of the new capacity added, 89 MW were residential, 49 MW were commercial and 9 MW were utility scale.
The report went on to point out that New York’s biggest solar gains came in residential installations, but commercial installations were strong, as well, setting a new record. In 2014, New York added 147 megawatts (MW) of solar electric capacity, bringing its total to 397 MW.
“To put the state’s remarkable progress in some context, the 397 MW of solar installed today in New York is more than our entire country had installed by 2007. That’s an amazing achievement,” Resch said. “What’s more, we expect 2015 to be New York’s best year ever for new PV installations, with more than 250 MW on new capacity projected to come online.”
Growing by 105 percent, New York had the seventh most new solar capacity added last year in the nation, according to the recently-released U.S. The state also maintained its Top 10 ranking in total installed capacity, finishing the year behind only New Jersey and Massachusetts among Northeastern states. From an environmental perspective, solar installations in New York are helping to offset nearly 325,000 metric tons of harmful carbon emissions, which is the equivalent of removing more than 70,000 cars off state roads and highways or saving 363,000 gallons of gasoline.Read More