Rise & Shine: November 20, 2008

CALIFORNIA NEWS

SunRun Closes US $105M for Solar Facilities
In a market where project financing is hard to come by, the funding from US Bancorp seems like it?s a recognition that?s PPA?s for residential customers, could be showing some promise.

Gov. Schwarzenegger Looks to Advance California?s Renewable Energy Plans
Governor Schwarzenegger signed Executive Order S-14-08 to streamline CA?s renewable energy project approval process and increase the state’s Renewable Energy Standard to 33% renewable power by 2020.

New Proposal Favors Sunrise Powerlink
California’s utilities commission will consider three recommendations on whether to allow San Diego Electric & Gas to build a 150-mile transmission line. While the project draws stiff opposition from environmentalists, Gov. Schwarzenegger likes it.

NATIONAL NEWS

Wal-Mart Makes Major Commitment to Renewable Energy
The U.S. Department of Energy has awarded North Carolina State University’s Department of Chemical and Biomolecular Engineering a $1.2 million grant to build and study tiny materials that can help generate renewable energy.

Patrick to Unveil Solar Power Plan
The governor of Boston is expected to set a new environmental goal for the state by using rooftop solar installations to improve the energy efficiency of new “big box” stores and other retail developments.

FINANCIAL NEWS & MARKETS

Fighting for the Planet
More governments will follow Spain and Germany and cut subsidies for solar power. The shortage of silicon that has bedevilled the solar-panel industry will ease, only to be replaced by bottlenecks in other areas, such as turning the silicon into wafers and ingots.

GOVERNMENT & POLITICS

Obama White House to Face Long-Held Consumer Denial and Awareness Hurdles in Realizing

TECHNOLOGY

Lumetas Solar Panels Recognized for Superior Design and Innovation
Lumeta has announced that its Solar S Tile was honored as a first round winner in the Green EcoDesign category of the Spark Design Awards 2008 competition.

INTERNATIONAL NEWS

ProLogis Builds 1MW Solar PV System In Japan
ProLogis will install a one-megawatt (MW) PV system at ProLogis Parc Zama I, a five-story distribution facility totaling more than 1.2 million square feet.

Conergy Group Completes 3 Megawatt Project
Conergy and its subsidiary EPURON have announced the completion and sale of the Exelon-Conergy Solar Energy Center. The 3 MW project is located on the Waste Management G.R.O.W.S 16.5-acre landfill site just outside of Philadelphia.

Are you in California and interested in solar for your home? Call us at 877.SUN.MOJO or visit our website to learn more.

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