SunPower Corp. announced that it has completed the 3.8 megawatts solar power systems at various public water agencies and water treatment facilities in the state of California. In the systems in place, the facilities would be able to decrease their electricity costs.
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.
After all the bad news regarding solar companies in recent times, here’s something good this time. Chevron unveiled its solar power system in an oil field in California.
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.
The solar energy policies of the United States government have been in the spotlight this week when Solyndra announced his bankruptcy. It came two years after it received a $545 million worth of federal loan guarantees.
The solar power industry in the United States looks good on paper. State and federal subsidies decrease the costs of solar power system installations even though some of the states have discontinued their solar programs due to budget constraints.
When the U. S. economy is good, growth is expected to be from 3 to 4 percent. But in 2010, solar power industry grew by 67 percent.
Last October, the Obama administration announced that it plans to install solar panels on the roof of the White House. This would be the 30 years after the solar panels installed during Jimmy Carter’s rule were taken down. The target date for the installation is in spring.