Obama Calls For Extending US Solar Programs

Posted on February 14, 2012 by quest

President Obama’s Fiscal Year (FY) 2013 budget, released today, provides for an extension of the Section 1603 Treasury Program. Extension of this worthwhile program will allow taxpayers to reap the significant economic and energy policy benefits associated with the expanded deployment and use of solar energy. “America’s solar industry appreciates President Obama’s support for extending the 1603 Treasury Program,” said Rhone Resch, President and CEO of the Solar Energy Industries Association (SEIA). “The 1603 program has helped leverage over $24 billion in private sector investment in for a wide range of clean energy projects, and extending the 1603 program will create an additional 37,000 jobs in the American solar industry in this year alone.”

The 2008 economic crisis and the economy’s subsequent downturn drastically reduced the availability of tax equity, severely limiting the financing available for renewable energy projects. The Section 1603 Treasury Program, which was enacted in 2009 and extended in 2010, allows taxpayers to receive a federal grant in lieu of taking an existing energy tax incentive they are otherwise able to claim. This change to the timing of when an energy incentive can be claimed provides the liquidity needed for the further development of domestic energy projects. As the tax equity markets have not yet recovered, there remains a compelling need for the 1603 program.

Added Resch, “The lapse of the 1603 Program at the end of last year has had a detrimental impact. Small businesses and entrepreneurs who typically use this program and who would otherwise be hiring workers and starting new solar projects have been left in limbo. At a time when the nation’s economy is on the verge of recovery, now is not the time to walk away from smart, proven policies like the 1603 Program that create jobs and support small business growth.”

Solar Goals Shinning Thru For PG & E

Posted on February 10, 2012 by quest

Pacific Gas and Electric Company (PG&E) announced today that its 2011 solicitation for new supplies of renewable energy brought in more than 300 offers, a new record for the utility. PG&E’s energy procurement staff are reviewing them closely to determine the most viable and cost-effective projects to meet customers’ long-term clean-energy needs.”The highly competitive proposals we received offer affordable power to help us achieve the state’s renewable energy targets,” said Fong Wan, Senior Vice President for Energy Procurement at PG&E. “The tremendous response to our request reflects the robust supplies being offered by the renewable energy industry, which California has fostered through its aggressive state mandates.”

Since 2002, PG&E has signed more than 110 contracts for about 10,000 megawatts of renewable power. PG&E now expects to be able to meet California’s Renewables Portfolio Standard, which requires all retail sellers of electricity to deliver 33 percent of their electricity by 2020 from eligible renewable resources like wind, solar, geothermal, biomass, and small hydroelectric. The utility is on track to reach 20 percent this year. Along with large hydro and nuclear power, PG&E now typically gets more than half of its electricity from sources that are essentially carbon-free, making it one of the cleanest utilities in the nation.

Once PG&E determines which of the new offers best suit its customers’ needs for clean energy, it will engage selected developers in negotiations, with the goal of submitting executed contracts to the California Public Utilities Commission by mid-year for review. Based in San Francisco, with 20,000 employees, the company delivers some of the nation’s cleanest energy to 15 million people in Northern and Central California.

OBAMA POWERING UP SOLAR

Hertz Launches Global Sustainability Drive

Posted on February 7, 2012 by quest

Hertz the world’s largest general use car rental brand, introduced “Living Journey” today, the Company’s corporate sustainability strategy. Living Journey positions Hertz to be the leader in Sustainable Mobility and Equipment Solutions through various strategic initiatives that integrate sustainability best practices throughout the Company including:Smart Mobility—Hertz is committed to providing customers vehicle rental options that are fuel efficient and use clean, low-emissions technology such as Electric Vehicles (EVs) and hybrids. Environment—Hertz’s goal is to minimize its environmental footprint and operating costs through efficiency improvements, resource management and renewable energy production. Community—Hertz is dedicated to creating a positive impact and enhancing the communities it serves by giving back through philanthropic and volunteer efforts.

“Sustainability has always been part of the culture at Hertz. We have a long-standing tradition of innovation and leadership that includes managing the environmental performance and social impacts of the Company alongside our fiscal responsibilities,” said Mark P. Frissora, Chairman and CEO of Hertz. “In 2011, we made tremendous progress on Hertz’s industry-leading solar generation and Electric Vehicle initiatives in addition to ongoing efforts to operate in an environmentally responsible manner at our corporate offices and rental facilities. As a continuation of our success, we are excited to introduce Living Journey which encompasses all of our efforts as an organization through partnerships, employee education and investments to reduce our impact on the environment, provide customer value, and manage our business sustainably.”Through Hertz’s sustainability efforts, the Company has:Recycled and diverted 2 million tons of e-waste from landfills, recycled approximately 680,000 gallons of used oil in 2011, and reduced paper use by 2.8 million pounds since 2006.

In addition, more than 80% of the water used at Hertz car washes is recycled. The Company is currently implementing energy audits and lighting upgrades across many of its facilities. Estimated results from recent lighting upgrades include 1.1 million kilowatt-hours and 776 tonnes of CO2 emissions saved annually (across 20 Hertz locations).To communicate Living Journey to its stakeholders, Hertz has launched a sustainability website which is the first of its kind for the Company. The site highlights Hertz’s achievements and plans in the sustainability arena, which includes energy-efficiency improvements such as lighting and HVAC upgrades, utilizing LEED certification standards for Hertz buildings, solar energy production, global recycling efforts, and delivering fuel-efficient fleet choices to consumers. Last year, Hertz was recognized by the Global Business Travel Association for Sustainable Practice through Hertz On Demand, Hertz’s hourly car rental program.

Solar 3D Casting New Solar Market Paths

Warren Buffet A Major Solar Energy Investor

Posted on February 6, 2012 by quest

One of America’s leading investors, Warren Buffet and his MidAmerican Renewables, LLC, recently announced it has completed its acquisition of the Topaz Solar Farm from First Solar, Inc. The 550-megawatt photovoltaic power plant being built in San Luis Obispo County, Calif., will have the capacity to generate enough renewable energy to power approximately 160,000 average California homes. “There is a growing desire to utilize renewable energy,” said Bill Fehrman, president of MidAmerican Renewables. “Solar plays a crucial role in meeting renewable energy targets and portfolios. The closing of the Topaz project acquisition makes it the second solar project in our renewables business, and we look forward to evaluating and acquiring additional opportunities.”

The Topaz project will be built, operated and maintained by First Solar. Construction began in December 2011 and is expected to be complete by early 2015. The project will create approximately 400 construction jobs and 15 ongoing operations and maintenance jobs. “We are pleased to be moving forward with MidAmerican Renewables on the Topaz project – one of the two largest PV projects in the world, which are both being built by First Solar,” said Frank De Rosa, First Solar senior vice president for business development – the Americas. “First Solar is the leading developer of utility-scale PV projects, and MidAmerican Renewables’ investment in these renewable resources is a significant endorsement.”

Pacific Gas and Electric Company will purchase the electricity from the Topaz project under a 25-year power purchase agreement, helping California meet its mandate to generate 33 percent of its power from renewable sources by 2020.Developed by First Solar, the Topaz project will incorporate the company’s advanced thin-film PV modules, which generate electricity with no emissions, waste or water use and have the smallest carbon footprint of any PV technology. Electricity generated from the Topaz project will displace approximately 377,000 metric tons of carbon dioxide per year – the equivalent of taking approximately 73,000 cars off the road. Warren Buffet is a major investor in the project.

Where the Jobs Are: Green Tech Manufacturing

SF Green Festival Is Lights! Camera! Action Steps!

Posted on February 1, 2012 by quest

Back for round two, The San Francisco Green Film Festival announced today their film program and special events line up for the Festival’s 2nd annual film fest, taking place March 1-7, 2012. SFGFF is the Bay Area’s only festival dedicated to films and new forms of media that explore green issues and sustainable living. This year’s films include local premieres of 40 films from around the globe, with 50 visiting filmmakers and guest speakers. The festival will also feature special events, parties, panels and educational programs, inviting festival attendees to get involved and take action with environmental causes important to them. This year’s festival will take place at the San Francisco Film Society Cinema, with additional events at the Superfrog Gallery, both located at 1746 Post St. “We are thrilled to be bringing some of the world’s most innovative and inspiring films about green issues and sustainable living back to the Bay Area for the 2nd Annual San Francisco Green Film Festival,” says Rachel Caplan, the Festival’s Founder and Director. “With thousands of attendees at our inaugural festival last year, we are excited to be able to have the opportunity to bring an even more provocative and compelling line up of programming, panels and parties to an even wider audience this year.”

It was President Mohamed Nasheed of the Maldives who electrified attendees at the United Nations climate Conference in Copenhagen. The Maldives President also a proponent of solar energy, is being featured in The Festival’s Opening Night Film Premiere of “The Island President.” It was the winner of the Audience Award at the 2011 Toronto Film Festival. Local filmmaker Jon Shenk’s latest critically acclaimed film is about President Mohamed Nasheed of the Maldives as he confronts a problem greater than any other world leader has faced – the literal survival of his country and everyone in it. Due to rising sea levels, his country could end up under water. The film follows the president’s journey as he fights to get the voice of his small nation heard within the global climate change debate. The film features fourteen songs by Radiohead as well songs from indie band Stars Of The Lid. Samuel Goldwyn Films will release the film theatrically in San Francisco at Landmark Theatres on April 6th. The film will be followed up with the opening night party featuring local organic food and drinks.

Each SFGFF screening includes compelling post-film programs where audiences engage in discussions with filmmakers and activists and meet sponsors and partners. This year SFGFF is launching “Lights! Camera! Action Steps!” linking festival attendees with leaders in local environmental causes to get involved. The program will provide attendees with take-away action steps, web resources, a video story booth at the venue, and group activities that promote tangible ways to stay involved in the issues of environmental justice presented in the festival’s films.The Closing Night film is a sneak preview of Emily James’s energetic “Just Do It: A Tale of Modern-Day Outlaws” which takes a fresh and animated look at illegal activism and civil disobedience through engaging characters fighting capitalism and trying to raise awareness about the environment…a nod for sure to the ongoing Occupy movement activities taking place throughout the world today. Closing night party will follow the film. The Closing Night film is a sneak preview of Emily James’s energetic “Just Do It: A Tale of Modern-Day Outlaws” which takes a fresh and animated look at illegal activism and civil disobedience through engaging characters fighting capitalism and trying to raise awareness about the environment…a nod for sure to the ongoing Occupy movement activities taking place throughout the world today. Closing night party will follow the film.

Energy is a Human Right Says Solar Electric

SunPower Acquires French Solar Company

Posted on January 31, 2012 by quest

San Francisco bay area based SunPower a manufacturer of high-efficiency solar cells, solar panels and solar systems today announced it has completed its acquisition of the wholly-owned Total SA subsidiary Tenesol SA, a global solar provider headquartered in La Tour de Salvagny, France for $165.4 million in cash. Concurrently with the closing of this acquisition, Total purchased 18.6 million shares of SunPower common stock in a private placement at $8.80 per share. Total now owns approximately 66 percent of SunPower’s common stock.”SunPower is well positioned to gain share during the current market transition with the addition of Tenesol’s established European and global customer channels and strong manufacturing base in Europe and Africa,” said Tom Werner, SunPower president and CEO. “Tenesol’s well-established engineering and sales channels and strong team will complement SunPower’s world-leading high efficiency, high reliability solar panels and systems global footprint.”

Tenesol has been designing, engineering, manufacturing, installing and managing solar energy systems for its global customer base since 1983. It is a leading solar energy operator in Europe with a strong pipeline in the French market for large industrial and commercial photovoltaic rooftop solutions. The company has installed more than 15,000 solar systems worldwide totaling approximately 500 megawatts (MW) dc. In addition, Tenesol is a leader in the global off-grid market sector and expects to record revenue of approximately EUR 200 million in 2011. Post acquisition, SunPower will have deployed more than 2,500 MW dc of solar technology globally.

“With SunPower’s industry-leading technology, attractive long-term cost roadmap, our joint collaboration on research and development and Tenesol‘s established downstream presence, the combined company is well positioned to open new, largely untapped markets for solar,” said Arnaud Chaperon, senior vice president, Total Gas and Power Division.