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Tuesday, August 17, 2010

August 17, 2010 News--Focus on Solar

Two articles of interest today regarding solar. One discusses the impact on financing deals without Federal grants, and the other is about a company in California selling off its residential solar installation business. Are these early signs that demand for solar is slipping in the United States? Despite the incentives in California, are people still too debt strapped to install solar, or are they taking advantage of the California solar leasing programs? Clearly solar is too expensive per kw generated to build without subsidies, particularly the large plants. The demise of the climate bill has, I suspect, put plans for additional large plants on hold, in the absence of carbon taxes, feed in tariffs or grants. As European countries cut the payout in their feed in tariff programs, the US, with new mandates and incentives, was supposed to offer the next major wave of growth. Perhaps not.

ALTERNATIVE ENERGY

Will Solar Demand Dry Up of The Treasury Grant Program and DOE Renewable Energy Loan Guarantee Programs Expire? http://www.azcentral.com/arizonarepublic/opinions/articles/2010/08/17/20100817resch17.html

Modernizing Geothermal Steam Turbines to Improve Reliability and Efficiency http://www.renewableenergyworld.com/rea/news/article/2010/08/modernizing-geothermal-steam-turbines-to-improve-reliability-and-efficiency

COMPANY NEWS

Solar Power Sells Off Its Residential Unit http://www.sacbee.com/2010/08/16/2962290/solar-power-inc-sells-off-its.html

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