News & Technology
IREC reports solar is soaring
The Interstate Renewable Energy Council (IREC) annual report found that the annual U.S. photovoltaic (PV) installed capacity grew by 63% in 2008, compared with installations in 2007.
Sacramento has a FIT
SMUD establishes feed-in tariff (FIT) for customer-sited distributed generation. First muni to do so sees move as bold step that other utilities will follow The Sacramento Municipal Utility District (SMUD), a leader in utilizing renewable energy to meet its customers’ power needs, has established a feed-in tariff (FIT) effective next January that streamlines buying electricity [...]
State Grant Plans
Yesterday the Department of Energy announced the approval of seven more state plans for use of the State Energy Program grants provided by the American Recovery and Reinvestment Act. Among the state plans approved, Colorado plans to use some of its $49 million to significantly increase its renewable rebates and Delaware will use some of [...]
Tax Grant Program
The U.S. Department of the Treasury and the Department of Energy (DOE) have released the long-awaited guidelines for the $3 billion renewable energy grant program created through the American Recovery and Reinvestment Act. The program provides direct payments – in lieu of tax credits – equal to 30% of the cost of solar property placed [...]