Facebook signed a deal with Cogenra Solar to install a cogeneration system in its head office located at Menlo Park, California. According to Cogenra, it would place photovoltaic solar panels on top of Facebook’s renovated fitness center.
While most solar power related companies are coping with lower margins these days, solar inverter manufacturers are not suffering at all. Unlike other companies in the solar industry, solar inverter makers have some insulation from competition despite the weak economy.
The Washington Redskins unveiled a solar power installation for its FedEx Field, which is said to be the largest solar power system utilized by a NFL stadium. The switch was turned on during the halftime of last Sunday’s game against the Arizona Cardinals.
Time is not on the side of solar power developers as the December 31 deadline on federal renewable energy incentive program nears. The program covers 30 percent of development costs, which made solar projects attractive to investors.
Solar power is looking to be the smart choice when it comes to electric power sources. The cost of solar power is decreasing while every other energy resources are increasing.
New Jersey’s largest utility, Public Service Electric and Gas Company, started a solar power installation project in the state. This was met with mixed reactions from the residents. Some say they like the initiative of the utility while other residents view the solar panels as eyesores.
Massachusetts has a couple of solar power projects up its sleeves for 2010. The goal is to increase the number of solar power installations within the state.
The renewable energy industry in New Jersey is booming thanks to financial incentives the government offers and the lack of state regulations regarding the industry.
California Solar Initiative has various incentive programs, including the Single-Family Affordable Solar Housing Program, or SASH, which GRID Alternatives administers on behalf of utilities.
Marblehead Municipal Light Department in Massachusetts offers solar rebates to residents who install solar power systems at their residences.