Dipping a Toe in the Golden Stuff
And I'm not talking about gold, but I liked the play on this title. Last December, I wrote about a report that claimed that solar stocks were the best play on the cleantech revolution. In that article, I analyzed the two solar ETFs: the Claymore/Mac Global Solar Index ETF (TAN) and the Market Vectors/Van Eck Global Solar Energy ETF (KWT). At the end of the article, I said I had an open buy order on TAN. That buy order expired unfilled in January as the suckers rally progressed, but TAN then dropped to the...
Solar REITs Unlikely to Win Favorable IRS Ruling
by David K. Burton In early 2013, many in the solar industry appeared to be thinking that the IRS’s blessing of a solar REIT would be provided within weeks. It is now the middle of 2013, and it appears the thinking from a few months ago was at best irrational exuberance. Three events have triggered a change in perspective on solar REITs. First, Hannon Armstrong’s (NYSE:HASI) private letter ruling request as to its REIT status is now public. Prior to the ruling being made public, the industry scuttlebutt was that the ruling would bless rooftop solar as REIT...
Unlocking Solar Energy’s Value as an Asset Class
by James Montgomery
2014 is predicted to be a breakout year for solar financing, as the industry eagerly pursues finance innovations. Many of these methods aren't really new to other industries, but they are potentially game-changing when applied in the solar industry.
Spire Provides BIPV Systems to Chicago’s Green Commercial Center
Spire Corp (SPIR) announced the completion of Building Integrated Photovoltaic ("BIPV") Systems at the Bethel New Life Lake-Pulaski Commercial Center. The commercial center, located on the West Side of Chicago, will house a day care facility, commercial enterprises, a clinic and employment services. The Lake-Pulaski Commercial Center has two BIPV systems. One, approximately 25 kilowatts in size, is a roof-tile system; the other is a 7-kilowatt awning system. The BIPV awning system is the first commercial building appearance of clear back-sheet photovoltaic modules locally manufactured by Spire Solar for a greater appeal to aesthetics. The awnings will improve the...
Community Solar Providers In Central Hudson Territory
See the Buyer's Guide to New York Community Solar for details on how New York community solar works and lists for other utility territories.
VENDOR NAME
PRICING STRUCTURE
ADDITIONAL DETAILS
SPECIAL OFFERS
Ampion
10% discount subscription model
Free cancellation with 90-day notice, excess credit is banked. Opt-in options through municipalities available.
$50 donation to local sustainability fund
Astral Power
10% discount subscription model (Broker for solar farms)
No cancellation fee. Bill needed in customer’s name
$100 donation to Food Bank of the Hudson Valley
Community Power Partners
10% discount subscription model
no cancellation fee with 90 days notice, no credit checks and no payment information required
Nexamp Inc.
10% discount subscription model
No cancellation fees and long-term...
United Solar Ovonic Signs Multi-Year Agreement with Biohaus PV Handels GmbH for up to...
Energy Conversion Devices Inc (ENER) announced that it has signed a multi-year agreement with Biohaus PV Handels GmbH for sale of up to 9.6 MW of photovoltaic (PV) laminates. Biohaus will incorporate the UNI-SOLAR® BIPV laminates with its proprietary panel design to address Germany's expanding grid-connected PV market. Using United Solar Ovonic's thin-film amorphous solar laminates, these thin-film products will be the highest rated peak power modules available on the German market.
WorldWater & Power Corp. and Saint Joseph of the Palisades High School Sign Contract...
Worldwater Corp (WWAT) announced that Saint Joseph of the Palisades High School of West New York, N.J., part of the Archdiocese of Newark, has contracted with WorldWater to purchase electrical energy for 10 years generated by a solar electric system. The solar panel array will be installed on the school's roof. Under WorldWater's Alternative Clean Energy Services (ACES) plan, St. Joseph's will not incur any start-up costs for the installation and the school will receives a 10% discount on their cost for power compared to their electric rate. The installation of the solar energy system at the school guarantees...
XsunX Developing New Nano-Crystalline Opaque Solar Cell
XSUNX Inc. (XSNX) announced that it has expanded its business opportunities to include the product development of a new opaque solar cell device. This unique four-terminal solar cell design uses a combination of thin film transparent cell technology, derived from the company's Power Glass initiative, with that of a nano-crystalline solar cell. XsunX believes that the combination of these two technologies into a single device holds a promising opportunity to deliver low cost, high efficiency, flexible, and light weight solar cells providing performance characteristics commonly found only in various forms of expensive crystalline wafer technologies. The decision to...
WorldWater Reports Record Revenue of $3.3 Million for Second Quarter 2004
WorldWater Corp. (WWAT) announced financial results for its second quarter and six months ended June 30, 2004. The significant increase in revenue is due to the Company's realization of its objective of providing world-class, proprietary solar technology systems to the agricultural and institutional marketplaces. As proof of this fact, the Company recently completed supplying the massive one megawatt PV system installation at Cerro Coso Community College in Ridgecrest, CA.
WorldWater & Power to Build Solar Electric System for California’s Valley Car Wash
Worldwater Corp (WWAT) announced that it has obtained requisite financing and all applicable rebates for the solar electric system to be installed at Valley Car Wash, Inc. of Van Nuys, California. Construction will begin within weeks on the $676,000 project. Located on Van Nuys Boulevard in the heart of the San Fernando Valley, the rooftop photovoltaic (PV) installation will substantially reduce the car wash's electrical costs. Valley recently received approval of a 42% rebate of the full installation cost by Southern California Gas Company through the California Public Utilities Commission's Self Generation Incentive Program (SGIP).
Spire to Provide Prisolartec GmbH with Solar Module Production Line
Spire Corp (SPIR) announced that it has entered into a contract with J.v.G. Thoma GmbH, Spire's sales and service representative in Germany, to provide Prisolartec GmbH of Perleberg, Germany, with Spire's multi-megawatt entry level, turnkey photovoltaic (PV) module manufacturing production line. The production line includes equipment for solar cell stringing and lay-up, lamination, framing, and module testing. Prisolartec selected Spire Corporation as their equipment supplier based on Spire's superior experience, the quality of its equipment, Spire's competitive offering, and its proven ability to provide training assistance to establish their operations.
Uni-Solar Ovonic Receives an Additional Order from Alwitra for UNI-SOLAR Product, Increasing Sales to...
Energy Conversion Devices Inc (ENER) announced that it has received an additional order of 750 kW of photovoltaic (PV) products from Alwitra GmbH & Co. (Alwitra) of Germany, which increases the total planned shipment to Alwitra to 1.5 MW in 2004. "Alwitra, with a large customer base, is a major player in the German roofing market offering PV systems. We are delighted that Alwitra has chosen us to address the rapidly growing PV market in Germany," said Salama Naguib, Vice President of Sales and Global Marketing of United Solar Ovonic.
UL-Listed Aurora Inverters Star at Solar Power Show
Magnetek, Inc. (MAG) is exhibiting its new, state-of-the-art Aurora(TM) photovoltaic (PV) inverter line, just listed by Underwriters Laboratories (UL), at the Solar Power 2004 trade show opening today at the Hyatt Regency Embarcadero Center in San Francisco. Designed for residential applications, the 3.0-kilowatt Aurora inverters change the direct current produced by solar panels into utility-grade alternating current. Magnetek's new inverters are UL-1741 listed for connectivity to the electric utility grid and also UL tested for compliance with CEC and NYCERTA standards for grid-connection. Connectivity to the electric distribution grid enables Aurora inverters to feed power from solar panels...
$3 Billion For Cleantech & Alt Energy
Charles Morand The DOE made public earlier today the amount of money that will awarded to clean power projects in lieu of the usual tax breaks: $3 billion. This will allow project proponents to receive a direct cash grant now instead of a Production Tax Credit or an Investment Tax Credit later on. The guidance document notes the following: "Section 1603 of the Act’s tax title, the American Recovery and Reinvestment Tax Act, appropriates funds for payments to persons who place in service specified energy property during 2009 or 2010 or after 2010 if construction began...
What Shouldn’t Be in a Green Energy Portfolio
The London Accord took a look at what portfolio theory would suggest as the most effective ways to address Climate Change. Knowing which technologies don't make the cut is at least as useful as knowing which technologies do. Tom Konrad, Ph.D., CFA I recently looked at a paper from the London Accord which used portfolio theory to recommend the best mixes of technologies to deliver different levels of carbon abatement. The most useful technologies to achieve the needed levels of carbon abatement were Forestry, Hydropower, Biofuels, Wind, Efficiency, and Geothermal. I suggested stocks that investors might consider to invest in...
Spire Corporation Receives Nasdaq Notification
Spire Corp (SPIR) received a Nasdaq Staff Determination indicating that the Company is no longer in compliance with the $10,000,000 minimum stockholders' equity requirement for continued listing set forth in Nasdaq Marketplace Rule 4450(a)(3), and that its common stock is, therefore, subject to delisting from the Nasdaq National Market. While this type of event is never a good thing, it certainly doesn't ring the death of this stock. They will just start trading OTC.
