Peter W. Davidson, Executive Director of the Loan Programs Office in U.S. Department of Energy says government loans were necessary to get the first large scale photovoltaic solar plants off the ground.
While use of coal for generating electricity has started to decline in the U.S., China continues to build coal power plants. With public anger at filthy air bubbling below the surface, and the costs of associated health effects more apparent, the country’s government is well aware of the long-term costs. Two years ago, the Chinese government announced a plan to cap coal consumption through 2015–both to address air pollution and limit its imports of the commodity from Australia and elsewhere. China also raised its target for new solar installations this year to 14 gigawatts–higher than last year’s 12 GW, and more than any nation has ever added in a year. Now, energy analysts are beginning to fear that investment in coal powerplants in China bears the hallmarks of a speculative boom that some call “the carbon bubble.”
Watching a UFO Video and took a snap shot of one image on the video. What does it look like to you?
The new year has brought optimism among U.S. solar companies, from manufacturers to project developers, with some of them touting solid 2013 financial performance and promise to do better in 2014. Enphase Energy, which makes power electronics for solar panels, generated a record revenue of $67.1 million for the fourth quarter and a non-GAAP operating profit for the first time in the company’s history.
The United States said it would take India to the World Trade Organization to gain a bigger foothold for U.S. manufacturers in its fast-growing solar products market, adding another irritant to an already strained relationship. The Obama administration said it was filing its second case at the WTO over the domestic content requirements in India’s massive solar program, which aims to ease chronic energy shortages in Asia’s third-largest economy. U.S.
Check out T