New & Noteworthy – Page 344

Verde Energy, Wells Fargo To Provide Solar Energy Financing

Posted by SI Staff on February 14, 2007

Verde Energy, an Austin, Texas-headquartered firm that matches its customers' renewable energy projects with applicable contractors, has formed a partnership with Wells Fargo to provide financing options for businesses and homeowners installing solar systems. According to Verde Energy, the partnership [Read More]

Colorado PUC Approves Solar Energy Contract

Posted by SI Staff on February 08, 2007

The Colorado Public Utilities Commission (PUC) recently approved a solar energy purchasing agreement between Xcel Energy and SunE Alamosa1 LLC. The contract, the first of its kind in Colorado under the new renewable energy standards, will provide for the development [Read More]

California’s Municipal Utility Issues Renewable Energy RFP

Posted by SI Staff on February 07, 2007

The Los Angeles Department of Water and Power (LADWP), a municipal utility, has issued a request for proposals (RFP) for 2,200 GWh of energy per year produced from renewable energy sources, such as solar, wind and geothermal power. ‘As we [Read More]

Rhode Island Public Utilities Commission Selects APX To Manage The State’s RES

Posted by SI Staff on January 30, 2007

The Rhode Island Public Utilities Commission has selected APX Inc., a Santa Clara, Calif.-headquartered provider of renewable energy solutions, to manage the state's new renewable energy standard (RES). Starting in compliance year 2007, under the new standard, Rhode Island load [Read More]

SMUD And Elk Grove Form Solar Incentive Program

Posted by SI Staff on January 29, 2007

The Sacramento Municipal Utility District (SMUD), a Sacramento, Calif.-based electric utility, is partnering with the city of Elk Grove, Calif., in a new program that provides financial incentives for residents to install solar electric systems on existing homes. The city [Read More]

DTE Energy Seeks Renewable Energy Agreements

Posted by SI Staff on January 25, 2007

Detroit-based DTE Energy, the parent company of the electric utility Detroit Edison, has issued a request for proposals (RFP) to purchase Michigan-based renewable energy for the company's proposed GreenCurrents renewable energy program. The GreenCurrents program would give Detroit Edison's customers [Read More]

Proposed Act Will Extend Tax Credits For Solar Power Installations

Posted by SI Staff on January 22, 2007

Congressmen Michael McNulty, D-N.Y., and Dave Camp, R-Mich., have introduced the Securing America's Energy Independence Act to legislation to stimulate investment in solar power. The bill would extend solar energy investment tax credits for homeowners and businesses through 2016. According [Read More]

California Energy Commission Encourages Installation Of Solar Systems

Posted by SI Staff on January 02, 2007

The California Energy Commission, Sacramento, Calif., has implemented its New Solar Homes Partnership program that encourages builders to install solar energy systems on new homes by providing financial incentives. A new home that qualifies for the incentive will be at [Read More]

PTC Positioned For Extension

Posted by SI Staff on December 12, 2006

The 109th Congress approved the Tax Relief and Health Care Act of 2006 (H.R.6111), a bill that extends a package of tax cuts that promote the production of renewable energy for another year. This step clears the act for President [Read More]

Invests $70 Million To Expand Solar Manufacturing Facility

Posted by SI Staff on November 16, 2006

BP Solar, a developer of solar electric systems for residential, commercial and industrial sectors, has initiated plans for a $70 million expansion project at its North American headquarters in Frederick, Md. According to the company, the expansion will result in [Read More]