Tag Archives: California Solar Initiative
LDK Solar Defaults on Convertible Notes
On the heels of Suntech’s bankruptcy last month, LDK Solar Company Ltd. (Xinyu City, China) failed to make full payments of $23.8 million-worth of 4.75% convertible notes due this year. LDK was able to reach a private agreement on some cash payments and payment postponement with two other holders of $16.6M in notes. The company [...]
California Initiative End Won’t Stop Solar
As the California Solar Initiative steps toward its end, at least one solar developer isn’t concerned about the impact fewer incentives could have on the industry. “The program was very, very well designed,” said Alan Lee, founder of EcoSolargy, a full-service solar development firm. “And right now we’re closing in on the end of it.” [...]
Another Milestone for California Solar
The Germans would say tja, but by U.S. standards, it’s impressive. The California Solar Initiative cracked 1,000 megawatts of installed solar before the close of 2012, putting the program more than halfway toward its goal of getting 1,940 MW of solar power on homes and businesses around the state by 2016, regulators said on Thursday [...]
Why Doesn’t Florida Have Solar PPAs?
Despite an abundance of year-round sunshine, Florida lags behind many states in solar PV installations and those supportive policiesthat could help boost adoption. The “Sunshine State” currently offers no tax credit programs or solar rebates, and its property tax exemption is fairly limited. In stark contrast to many states, Florida doesn’t even have a Renewables [...]
California Solar Initiative 2011 Highlights
The latest newsletter from the California Solar Initiative (CSI) highlights some of the precedent shattering developments in solar this past year. Here’s our summary of the most notable developments this year: In October, California reached a major milestone: 1,000 Megawatts – 1 Gigawatt – of solar power has now been installed throughout the state in [...]
The State of Solar California
The California Solar Initiative (CSI) is responsible for overseeing solar rebates for California’s three Investor Owned Utilities (IOUs): PG&E, SCE and SDG&E, and in that role the CSI program collects some very interesting data. As we have in the past, we decided to dip into the data from the first half of this year to [...]
Residential Solar: Ready to Take Off?
It seems like the ultimate in green technology for an emissions-savvy citizen of the 21st century: solar panels on your roof, providing carbon dioxide-free electricity whenever the sun is shining. But as huge utility-scale solar and wind projects continue to make news and the economy continues to struggle, the state of the residential solar sector [...]