Solar Energy in every new home in California City
Mayor Rex Parris from Lancaster, California announced his city will institute a first-of-its-kind requirement that solar be installed on every new single-family home built in Lancaster after January 1, 2014.
“The purpose of the solar energy system standards, is to encourage investment in solar energy on all parcels in the city, while providing guidelines for the installation of those systems that are consistent with the architectural and building standards of the City.”
Residential homes on lots from 7,000 square feet must have a solar system of 1.0 kilowatt to 1.5 kilowatts. Rural residential homes of up to 100,000 square feet must have a system of at least 1.5 kilowatts.
SourceLabels: Alternative Energy, home solar panels, Solar Technology
4 Ways to Profit from the Coming Boom in Alternative Energy
Love is a fickle thing. When oil prices surged past $100 a barrel in 2008, investors fell madly in love with alternative energy stocks. But when oil prices crashed, and when signs emerged that government budget problems would curtail the industry-friendly subsidies, so did investor ardor for this young industry. The PowerShares Wilderhill Clean Energy Exchange Traded Fund (NYSE: PBW) slid from $28 in early 2008 to below $10 today.
These ups and downs are par for the course in any young industry. Sales initially soar, then the key companies raise loads of cash to aggressively boost capacity -- often times to a point where supply exceeds demand. Prices for items -- such as solar panels and wind turbines in this case -- then plunge, leading investors to assume that profits will never be robust.
But it usually just takes time. Eventually, the industry learns to keep capacity expansion at a minimum, demand keeps rising, and prices eventually firm. And that’s just what looks to be happening in the field of alternative energy.
Continue reading
hereLabels: Alternative Energy, ETF, FSLR, PBW, Solar Stocks
Solar Stocks Plunge
With todays plung on the asian market, solar companies are being dragged down too, with companies like SOLF, TSL and CSIQ going down more than 10%
Trina Solar (TSL) was getting a great performance last week, but today all the gains were evaporated.
STP, SPWR and ENER are recovering from today's lows, but still negative for this session.
More updates soon.
Labels: Alternative Energy, CSIQ, SOLF, SPWR, STP, TSL
Alternative energy attracts big money
Ajc.com published a lenghty article about big investments being made on alternative energy sources.
The list goes thru all types of clean energy, but still Ethanol remains the short-term renewable of choice.
"The private sector is off and running," said Tom Amis, a partner in the energy infrastructure group of Alston & Bird, the Atlanta law firm. "Some of the great fortunes of this century will be made over the next 15-25 years in renewable energy."
read the full article at
ajc.comLabels: Alternative Energy
Alternative Energy - 2006 in Review
There is a great article in the
SeekingAlpha Blog summing up 2006 and what happened that year for alternative energies.
Alternative Energy - 2006 in Review9. Sizzling solar. With $60+ oil, retail investors were clamoring for alternative energy plays, and after biofuels they went straight to photovoltaics: solar energy is where people seem to instinctively look when they think of alternative energy. Capitalizing on these robust (some would say, "frothy") market conditions, we saw a number of sizable IPOs such as First Solar (NASDAQ: FSLR) and Renewable Energy Corp (OL: REC) and a corresponding resurgence of venture capital investment in PV
read the full article
hereLabels: Alternative Energy
