The Rise & Shine is your daily source for all solar-industry news. Brought to you by Sweet Solar Home and the Experts at SunRun.
CALIFORNIA NEWS
Hermosa Beach Modifies Limits on Solar Energy Installations
The Hermosa Beach City Council has modified its city code to allow solar energy systems to exceed building height limits.
SolFocus Turns on First U.S. Commercial Installation
U.S. House Speaker Nancy Pelosi flips the switch on a 7.2kW system for a radio station in California, which expects to be the first concentrating-photovoltaic customer to be eligible for state solar rebates.
Wm. Bolthouse Farms Completes 1.9MW PV System
Wm. Bolthouse Farms and MMA completed a 1.9MW system installed at the company?s farms in Palmdale, CA.
NATIONAL NEWS
Evolution Solar Completes Build Out of Second Chinese Office
Evolution Solar Corp, a young aggressive solar start up, located in Tempe AZ, has finished construction of its second Chinese office.
Connecticut Towns Set Lofty Energy Goals
Putnam and Pomfret pledged to make renewable energy 20% of their electricity needs within the next two years. The CT Clean Energy Fund is sponsoring the project and requires that 100 homes in each town be powered by renewable energy. By meeting this requirement, Putnam and Pomfret are eligible for free solar systems.
UTILITY INDUSTRY & REGULATORY NEWS
UK Law to Drive Smart Meter Market
The UK plans to require all households to have smart meters by 2020.
FINANCIAL NEWS & MARKETS
Carbon Market Could Supply Cheap Debt
European energy companies struggling to raise cash from banks to fund projects could turn to the European carbon market, say bankers.
First Solar Shares Jump 24.5%
Analysts upgraded their ratings on the thin-film company after the Tempe, Ariz.-based company announced new sales agreements and posted earnings that beat expectations this week.
Progress Energy Announces 2008 Q3 Results; Update Full Year 2008 Earnings Guides
Progress Energy announced third-quarter reported GAAP earnings of $309 million, or $1.19 per share, compared with reported GAAP earnings of $319 million, or $1.24 per share, for the same period last year.
Record Venture Capital Flow to Cleantech
The flow of venture capital into U.S. clean-technology companies surged to another record - $1.6 billion - during this year’s third quarter, Ernst & Young reported Thursday.
GOVERNMENT & POLITICS
Former Sen. Allen Speaks About Energy Policy and Election at U. Massachusetts
Former Virginia Governor and United States Senator George Allen spoke Wednesday night at a talk titled ‘McCain, Obama, and America’s Security’ at Bowker auditorium at the University of Massachusetts.
Presidential Election Brings Green Jobs in Focus
The two leading candidates are suggesting that the financial crisis can be resolved by addressing the country’s worsening energy crisis.
TECHNOLOGY
Cleantech Dominates Time?s 50 Best Inventions
Time Magazine just published its list of the 50 best inventions of the year 2008 and named Nanosolar?s thin-film technology one of them.
INTERNATIONAL NEWS
Germany?s Largest Pitched Roof Thin Film solar PV System Installed
The roof is now fitted with more than 11,000 cadmium telluride modules from that were manufactured by First Solar. The system has a peak output of 837 kilowatts (kW).
Enfinity Completes 6.5MW of Installations in Spain
Enfinity completed and opened four ground-mounted solar systems in Spain. The projects are the first ground-mounted systems the company has installed and have a total capacity of 6.5 MW.
New REC PV complex to be Built in Singapore
M+W Zander has signed a contract to be the contractor for the new solar photovoltaics manufacturing complex in Singapore being developed by Norway’s Renewable Energy Corporation.
Sunways AG Orders 115MW of Silicon Wafers from Swiss Wafers
Swiss Wafers AG has entered into a wafer supply deal with Sunways AG that will see the Swiss company ship a total of 115MW from January 2009 to 2016.
T-Solar Cuts Ribbon on $104M Spanish PV Module Factory
T-Solar, the Spanish PV manufacturer and project developer owned by eight local banks and three business groups, has opened a 40MW per year module plant in Orense, Galicia.
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