Perspectives on Global Competitiveness in Solar Energy at the U.S Department of Energy

Size: px
Start display at page:

Download "Perspectives on Global Competitiveness in Solar Energy at the U.S Department of Energy"

Transcription

1 Perspectives on Global Competitiveness in Solar Energy at the U.S Department of Energy 1

2 Minimum Take-Aways from This Talk Q: How do you pronounce photovoltaic? A: fō-tō-vōlt-a-ic Q: Why is Germany leading the world in solar installations? A: Stable policy is probably the leading reason. It s certainly not because they have lots of sunshine Q: How is the U.S. doing in photovoltaic innovation? A: NUMBER ONE, BABY 2

3 Outline A Brief Word on Sunshine Photovoltaic Basics Policies to Encourage Photovoltaic Deployment Policies to Encourage Photovoltaic Technology Innovation Conclusions 3

4 4

5 Solar Resources Spain kwh / m 2 / Year Germany Source: NREL (2011) 5

6 Photovoltaics = PV Solar Panel = PV Module Modules are made of solar cells Light shines onto photovoltaic material to generate electricity 6

7 Energy Units Nellis Air Force Base (Nevada): Large PV installation in the United States 14 MegaWatts (MW) 30 million kilowatthours (kwh) per year Supplies base with >25 % of the total power used by the base population (12,000 people) Watt = unit of power (30 W to power a CFL light bulb) KiloWatt = 1000 Watts (33 light bulbs) MegaWatt = 1,000,000 Watts; 1000 kilowatts (33,333 light bulbs) KiloWatt-hour = unit of energy Using a 30 watt light bulb for one thousand hours consumes 30 kilowatt hours of electricity 7

8 Types of Photovoltaics Concentrating Photovoltaics 8

9 Roof Mounted PV 9

10 Building Integrated PV 10

11 Ground mounted PV: Large utility installations Sarnia, Ontario, Canada 97 MW Largest in the world 11

12 Large utility installations: USA Copper Mountain, NV 48 MW Largest in US 8 th largest in the world 12

13 Installed Price ($/W) Residential PV Installed Price (2010) $8 $6.50 Balance of System Module $ / Watt DC $6 $4 $4.58 $3.83 $2 $2.11 $1.92 $1.72 $0 Source: Bloomberg NEF (2010), California Solar Initiative, Oanda (2010) 13

14 Current Prices of Rooftop PV in the US Typical Installation Details: 4kW system size offsets about 50% of a house s energy needs 12-19% efficient modules Panels Module price = $3/W Install price of $7/W $28, year lifetime warranties (inverters 5-15 years) Initial Installed Price State Subsidy ($1.10/W) Federal Tax Credit (30% after State rebates) Final System Price $28,000 $4,400 $7,080 $16,520 Costs of a PV system vary because of differences in labor, hardware type, available incentives, type of mounting, permitting,etc. 14

15 What s in the policy toolbox? 15

16 Tools for Deployment Feed-in Tariff Renewable Portfolio Standard Investment Tax Credit Loans, Loan Guarantees, Lower Cost Capital Modified Depreciation Tools 16

17 U.S. & German Solar Incentives 30% Investment Tax Credit National Feed-in Tariff Grant-in-Lieu of Tax Credit (1603) R&D Funding Manufacturing Tax Credit (48C) Loan Guarantees Accelerated Depreciation & Bonus Depreciation State, Local, & Utility Incentives State Renewable Portfolio Standards R&D Funding Accelerated Depreciation Access to Less Costly Capital 80% clean electricity by 2050 Tax Credits 17

18 PV Registrations (MW) Peaks in Installations Precede German Incentive Feed In Tariff Cuts 2, GW Dec GW June GW Dec ,000 0 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan January 2009 December 2010 Source: Bundesnetzagentur (2011) 18

19 Annual PV Demand (GW DC ) PV Demand Significant growth is predicted in most major markets but Germany is expected to remain the leader through 2012 U.S. is expected to be one of the fastest growing major PV markets over the next few years E 2011E 2012E 2013E U.S. Germany Spain Italy France Japan China ROW Sources: Barclays Capital (1/12/11 & 2/14/11), Citigroup Global Markets (2/14/11), Cowen & Co. (12/2/10 & 3/10/11), Goldman Sachs Group (1/23/11), Jefferies & Co. (2/2011), J.P. Morgan Securities LLC (3/9/10 & 1/11/11), Lazard Capital Markets (2/11/11), Piper Jaffray (1/2011), Stifel, Nicolaus & Co. (1/13/11), UBS Securities, LLC (3/8/11), Wedbush Securities (2/8/11), Wells Fargo Securities (5/4/10 & 12/7/10) Note: Not all sources utilized provide projections for each year shown. The number of projections for each year (i.e. N) are: 2008: 11, 2009: 12, 2010E: 12, 2011E: 12, 2012E: 10, 2013E: 5. 0 Global Canada, Czech Republic, India, South Korea, et. al. 19

20 Tools for Technology R&D Funding R&D Tax Credit Manufacturing Tax Credit 20

21 % of GDP As % of GDP 21

22 $ / Capita $1.20 Per Capita Series 1 $1.10 $0.90 $0.80 $0.40 $0.30 $

23 Apollo Mission of Our Times Moon Shot We choose to go to the moon in this decade and do the other things, not because they are easy, but because they are hard. Because that challenge is one that we are willing to accept, one we are unwilling to postpone, and one which we intend to win. September 12, 1962 SunShot We re telling America s scientists and engineers that if they assemble teams of the best minds in their fields, and focus on the hardest problems in clean energy, we ll fund the Apollo projects of our time. -- President Obama, State of the Union

24 The DOE SunShot Initiative The DOE SunShot Initiative is a collaborative national initiative to make solar energy technologies costcompetitive with other forms of energy by reducing the cost of solar energy systems by about 75% before Reducing the total installed cost for utility-scale solar electricity to roughly 6 cents per kilowatt hour without subsidies will result in rapid, large-scale adoption of solar electricity across the United States. Reaching this goal will re-establish American technological leadership, improve the nation s energy security, and strengthen U.S. economic competitiveness in the global clean energy race. Through advanced solar technology development, we are laying the groundwork for subsidy-free affordable solar energy 24

25 SunShot PV Incubator R&D Program Tier 1 (Prototype) Tier 2 (Pilot Line) Objective: Foster domestic innovation & growth Accelerate transition of a Proof of Concept to Prototype Scale-up Prototype to Pilot Scale Production 25

26 26

27 24 Companies $59M Federal R&D $1.3B Private Capital >1200 Jobs 27

28 Billions Nominal $ Global Solar Investment Of the $35.8 billion in solar debt transactions during mid 2010, the China Development Bank accounted for $30.4 billion IPO conditions remain poor (although they have slightly recovered from their 2009 low) $60 $50 $40 $30 Solar M&A Solar VC & PE Solar Debt Solar Public Equity Total Investment Increase 153% CAGR % CAGR % CAGR $20 $10 $ Q1'09 Q2'09 Q3'09 Q4'09 Q1'10 Q2'10 Q3'10 Q4'10 Q1'11** *Excluding government R&D and project finance investments but includes finalized U.S. DOE Loan Guarantees & loans by the China Development Bank. **Data through 3/16/11 only. Sources: Bloomberg NEF (12/08, 3/6/09, 4/9/10, 4/16/10, 11/8/10, & 3/16/11) 28

29 VC & PE Investments (Billions Nominal $) $3.0 $2.5 $2.0 $1.5 $1.0 $0.5 $0.0 Global Solar Venture Capital & Private Equity Investment by Technology U.S. continues its leadership in both its size & diversity of VC & PE investment Thin Film PV Solar Heating & Cooling Project Developer Polysilicon Other Next Generation PV Mounting and Tracking Manufacturing Equipment Inverters CSP Crystalline Silicon PV CPV & Multijunction Transactions Asia (includes India & Austrialia) Europe (includes Africa & and middle east) U.S. (includes North & South America) Asia (Includes India & Australia) Note: Number of Transactions includes transactions without a disclosed value. Europe (Includes Africa & Middle East) U.S. (Includes North & South America) Number of Transactions 29 Source: Bloomberg NEF (2/15/11)

30 Conclusions Policy has a significant role in making photovoltaics affordable for average Americans: a combination of incentives to encourage deployment and policies to encourage technological innovation are currently needed. Germany has had significant successes in installing photovoltaics through their deployment policies; other policies, like what has been used in the US, can also be successful and has poised the US to be market growth leader in years to come. Through technological advances and efficiencies that will come through scale up, affordable photovoltaic generated electricity will be possible in most regions of the US by the end of the decade. There is a serious concern whether the low-cost photovoltaics hardware coming from China (primarily) will make it difficult for new technologies to take root and grow into competitive companies. A large portion of the innovation in photovoltaics is happening in the US, positioning our country to potentially take advantage of US market growth and growth in other world markets. Photovoltaic = fō-tō-vōlt-a-ic 30

31 Thank You Contact Information: Dr. Marie Mapes Photovoltaic Technology Manager U.S. Department of Energy Energy Efficiency & Renewable Energy Solar Energy Technologies Program Phone: On the web: DOE SunShot Initiative 31

THE SOLAR ENERGY INDUSTRY: CURRENT STATUS AND FUTURE CHALLENGES

THE SOLAR ENERGY INDUSTRY: CURRENT STATUS AND FUTURE CHALLENGES THE SOLAR ENERGY INDUSTRY: CURRENT STATUS AND FUTURE CHALLENGES Gerald I. Susman Smeal College of Business Pennsylvania State University Sustainability Conference Washington, DC October 13, 2009 SUPPLY/DEMAND

More information

COMPARISON OF FIXED & VARIABLE RATES (25 YEARS) CHARTERED BANK ADMINISTERED INTEREST RATES - PRIME BUSINESS*

COMPARISON OF FIXED & VARIABLE RATES (25 YEARS) CHARTERED BANK ADMINISTERED INTEREST RATES - PRIME BUSINESS* COMPARISON OF FIXED & VARIABLE RATES (25 YEARS) 2 Fixed Rates Variable Rates FIXED RATES OF THE PAST 25 YEARS AVERAGE RESIDENTIAL MORTGAGE LENDING RATE - 5 YEAR* (Per cent) Year Jan Feb Mar Apr May Jun

More information

COMPARISON OF FIXED & VARIABLE RATES (25 YEARS) CHARTERED BANK ADMINISTERED INTEREST RATES - PRIME BUSINESS*

COMPARISON OF FIXED & VARIABLE RATES (25 YEARS) CHARTERED BANK ADMINISTERED INTEREST RATES - PRIME BUSINESS* COMPARISON OF FIXED & VARIABLE RATES (25 YEARS) 2 Fixed Rates Variable Rates FIXED RATES OF THE PAST 25 YEARS AVERAGE RESIDENTIAL MORTGAGE LENDING RATE - 5 YEAR* (Per cent) Year Jan Feb Mar Apr May Jun

More information

Regulation by the Feed-in Tariff: Experiences from Germany

Regulation by the Feed-in Tariff: Experiences from Germany Solar Power International 08 Panel Technology & Regulation: How to do it Right 16th October 2008, San Diego, California, USA Regulation by the Feed-in Tariff: Experiences from Germany Gerhard Stryi-Hipp

More information

2008-09 2009-10 2010-11 2011-12 2012- Total 5,926 24,514 66,355 97,042 68,624 262,461 0.6 4.7 22.9 94.3 101.6 224.1

2008-09 2009-10 2010-11 2011-12 2012- Total 5,926 24,514 66,355 97,042 68,624 262,461 0.6 4.7 22.9 94.3 101.6 224.1 Jan-10 Mar-10 May-10 Jul-10 Sep-10 Nov-10 Jan-11 Mar-11 May-11 Jul-11 Sep-11 Nov-11 Jan-12 Mar-12 May-12 Jul-12 Sep-12 Nov-12 Jan-13 MW kw Australians have installed more than a million rooftop photovoltaic

More information

AT&T Global Network Client for Windows Product Support Matrix January 29, 2015

AT&T Global Network Client for Windows Product Support Matrix January 29, 2015 AT&T Global Network Client for Windows Product Support Matrix January 29, 2015 Product Support Matrix Following is the Product Support Matrix for the AT&T Global Network Client. See the AT&T Global Network

More information

Solarize Frequently Asked Questions (a)

Solarize Frequently Asked Questions (a) Solarize Frequently Asked Questions (a) Solarize Old Lyme, www.solarizect.com/oldlyme Solarize Lyme, www.solarizect.com/lyme Q. What is Solarize Connecticut? A. Solarize Connecticut is a town-state sponsored

More information

PV Farms Solar Electric Power for Wholesale Distribution

PV Farms Solar Electric Power for Wholesale Distribution PV Farms Solar Electric Power for Wholesale Distribution UC ENERGY WEEK 2010 California Solar Energy Workshop UC Davis Energy Institute Davis, California Larry Asera Chairman/CEO Asera Group, Inc. May

More information

Overview. A fact sheet from Feb 2015

Overview. A fact sheet from Feb 2015 A fact sheet from Feb 2015 National Renewable Energy Laboratory Federal Programs Enable Unprecedented Solar Power Deployment Federal investment in scientific discovery and technology is vital to maintaining

More information

February 23, 2016. Paul Helstrom Minnesota Power Renewable Program Lead. Stacy Miller Minnesota Department of Commerce Solar Policy Specialist

February 23, 2016. Paul Helstrom Minnesota Power Renewable Program Lead. Stacy Miller Minnesota Department of Commerce Solar Policy Specialist February 23, 2016 Paul Helstrom Minnesota Power Renewable Program Lead Stacy Miller Minnesota Department of Commerce Solar Policy Specialist Agenda Overview of Solar Energy Markets in the US Overview

More information

TRENDS 2015 IN PHOTOVOLTAIC APPLICATIONS EXECUTIVE SUMMARY

TRENDS 2015 IN PHOTOVOLTAIC APPLICATIONS EXECUTIVE SUMMARY TRENDS 2015 IN PHOTOVOLTAIC APPLICATIONS EXECUTIVE SUMMARY Report IEA-PVPS T1-27:2015 FOREWORD.... The IEA PVPS Programme is proud to provide you with its 20 th edition of the international survey report

More information

Global Market Outlook for Photovoltaics until 2012 Facing a sunny future

Global Market Outlook for Photovoltaics until 2012 Facing a sunny future > Competitiveness Global Market Outlook for Photovoltaics until 1 Facing a sunny future 1 Global Market Outlook for Photovoltaics until 1 Facing a sunny future Demand side The solar PV market has been

More information

Proposal prepared for Happy Solar Owner

Proposal prepared for Happy Solar Owner Happy Solar Owner 1234 Sunny Lane Portland, OR 97201 Mailing Address: Happy Solar Owner 1234 Sunny Lane Portland, OR 97201 RE: SolarWorld Sunkits System Proposal: CASSK-## Presented by: SolarWorld Authorized

More information

Another Sunny Year for Solar Power

Another Sunny Year for Solar Power Another Sunny Year for Solar Power By Janet L. Sawin May 7, 2008 G lobal production of photovoltaic (PV) or solar cells which convert the sun s light directly to electricity increased 51 percent in 2007,

More information

Residential Consumer Guide to Solar Power June 2015

Residential Consumer Guide to Solar Power June 2015 Residential Consumer Guide to Solar Power 505 9 th Street NW Suite 800 Washington DC 20004 202.682.0556 www.seia.org SEIA RESIDENTIAL CONSUMER GUIDE TO SOLAR POWER Introduction How Solar Works Panels (or

More information

Bright Prospects for Solar Energy

Bright Prospects for Solar Energy Industry Analysis Bright Prospects for Solar Energy Marcial Nava Solar generating electricity will grow faster than other renewables However, fiscal incentives may still be needed in order to support the

More information

Published 4Q 2011. Dexter Gauntlett Industry Analyst. Peter Asmus Senior Analyst

Published 4Q 2011. Dexter Gauntlett Industry Analyst. Peter Asmus Senior Analyst EXECUTIVE SUMMARY: Distributed Solar Energy Generation Demand Drivers and Barriers, Technology Issues, Competitive Landscape, and Global Market Forecasts NOTE: This document is a free excerpt of a larger

More information

Solar for Businesses. Getting Started with Solar. Laura Williams, Renewables Project Manager. June 10, 2015

Solar for Businesses. Getting Started with Solar. Laura Williams, Renewables Project Manager. June 10, 2015 Solar for Businesses Getting Started with Solar June 10, 2015 Laura Williams, Renewables Project Manager Our Mission: Accelerate the transition to a sustainable world powered by clean energy What We Do

More information

U.S.A. and China Solar PV Market

U.S.A. and China Solar PV Market U.S.A. and China Solar PV Market & PPA Solar Project Development Kevin Gao VP, CA Solar LLC kevingao@casolarco.com Table of Content Solar Panel Pricing & Cost Trend USA Solar Market China Solar Market

More information

Solar Energy Feasibility Study

Solar Energy Feasibility Study Remote Power Inc. 981 Gold Mine Trail Fairbanks, AK 99712 Solar Energy Feasibility Study For a Typical On-Grid Residence in Fairbanks, AK Bruno Grunau, P.E. Greg Egan 05 November 2008 1 Abstract: Solar

More information

Yield Reduction due to Shading:

Yield Reduction due to Shading: 1x4 1x16 10 x CBC Energy A/S x Danfoss Solar Inverters CBC-40W Poly 40 W TLX 1,5k 5 ; 1x11 3x4 0 1,5kW 1536 x CBC Energy A/S 1 x Power-One CBC-40W Poly 40 W TRIO-7,6-TL-OUTD 30 ; 4x14 0 7,6kW Location:

More information

Connecticut Green Bank Providing easy access to affordable capital

Connecticut Green Bank Providing easy access to affordable capital Connecticut Green Bank Providing easy access to affordable capital ACEEE Energy Efficiency Finance Forum Green Banks: Creating Effective Public-Private Partnerships May 12, 2014 Connecticut Green Bank

More information

Corona Department of Water & Power (DWP) Solar Partnership Program Guidelines and Application

Corona Department of Water & Power (DWP) Solar Partnership Program Guidelines and Application Corona Department of Water & Power (DWP) Solar Partnership Program Guidelines and Application DWP s new Solar Partnership Program is available to help offset your investment in a PV system and get you

More information

Commercial Outlook for Solar Power Generation

Commercial Outlook for Solar Power Generation Commercial Outlook for Solar Power Generation International Conference on Alternative Energy 2010 March 27, 2010 Karachi Expo Center Nadeem Haque Nadeem Haque Energy Potential Inc. Topics 1. Market Scenario

More information

GSW Team member, Niels Wolter managed the Focus on Energy Solar Electric Program from 2002 to 2010.

GSW Team member, Niels Wolter managed the Focus on Energy Solar Electric Program from 2002 to 2010. Note: this memo summarizes how solar electric systems should be scored based the criteria listed in the Renewable Resource Guidelines, docket 5- GF- 191 memo using the criteria outlined in Attachment A.

More information

Executive Summary: Distributed Solar Energy Generation

Executive Summary: Distributed Solar Energy Generation RESEARCH REPORT Executive Summary: Distributed Solar Energy Generation Market Drivers and Barriers, Technology Trends, and Global Market Forecasts NOTE: This document is a free excerpt of a larger report.

More information

Developing solar in emerging markets

Developing solar in emerging markets Developing solar in emerging markets Swedbank Conference March 17, 2016 Our values Predictable Driving results Change makers Working together Disclaimer The following presentation is being made only to,

More information

Project Development System Integration Operation & Maintenance PROVIDER OF INTEGRATED SOLUTIONS FOR SOLAR POWER

Project Development System Integration Operation & Maintenance PROVIDER OF INTEGRATED SOLUTIONS FOR SOLAR POWER Project Development System Integration Operation & Maintenance PROVIDER OF INTEGRATED SOLUTIONS FOR SOLAR POWER CONTENTS 03 04 05 11 13 Highlights Core Strengths Types of Power Plants Solar PV Products

More information

Technology Fact Sheet for Mitigation

Technology Fact Sheet for Mitigation Technology Fact Sheet for Mitigation Solar PV systems (>1MW) i Technology: Solar PV systems (>1MW) Sector : Energy Subsector : Technology characteristics Introduction Solar photovoltaic, or simply photovoltaic

More information

A Historical Analysis of Investment in Solar Energy Technologies (2000-2007)

A Historical Analysis of Investment in Solar Energy Technologies (2000-2007) A Historical Analysis of Investment in Solar Energy Technologies (2000-2007) Technical Report NREL/TP-6A2-43602 December 2008 Charles E. Jennings Financial Analytics Consulting Corporation Robert M. Margolis

More information

FREQUENTLY ASKED QUESTIONS

FREQUENTLY ASKED QUESTIONS 1. How do solar panels work? FREQUENTLY ASKED QUESTIONS Your solar panels capture sunlight and convert it to DC electricity Your solar system converts that energy to an AC current that can power your home

More information

A SOLAR GUIDE - EVERYTHING YOU NEED TO KNOW

A SOLAR GUIDE - EVERYTHING YOU NEED TO KNOW WE BRING GREEN SOLUTIONS TO YOU A SOLAR GUIDE - EVERYTHING YOU NEED TO KNOW Provided by A COOLER PLANET A Cooler Planet 1 The Complete Solar Guide WHY GO SOLAR? TOP FIVE FACTORS TO CONSIDER FOR ADDING

More information

Gross/Active PV Surface Area: 13.094,40 / 13.086,29 m². Energy Produced by PV Array (AC):

Gross/Active PV Surface Area: 13.094,40 / 13.086,29 m². Energy Produced by PV Array (AC): 1x17 1x17 1x 8 x Trina Solar Trina TSM-PC5A 6 6 W 5 ; x Danfoss Solar Inverters TLX 1,5k 1,5kW Location: Arrondissement d'issoire Climate Data Record: Arrondissement d'issoire PV Output:.8, kwp Gross/Active

More information

150 Watts. Solar Panel. one square meter. Watts

150 Watts. Solar Panel. one square meter. Watts Tool USE WITH Energy Fundamentals Activity land art generator initiative powered by art! 150 Watts 1,000 Watts Solar Panel one square meter 600 Watts SECTION 1 ENERGY EFFICIENCY 250 Watts 1,000 Watts hits

More information

Mailing Address 4650 Adohr Ln. Camarillo, CA 93012. 25 Year Financial Analysis. $1,051 / mo (avg) Cost Breakdown. System Description

Mailing Address 4650 Adohr Ln. Camarillo, CA 93012. 25 Year Financial Analysis. $1,051 / mo (avg) Cost Breakdown. System Description Summary Customer Dan Glaser - CASSK-13-00932 SolarWorld USA Site Address 4650 Adohr Ln. Camarillo, CA 93012 Mailing Address 4650 Adohr Ln. Camarillo, CA 93012 Company Contact We turn sunlight into power

More information

Economic Analysis of Solar Power: Achieving Grid Parity

Economic Analysis of Solar Power: Achieving Grid Parity Economic Analysis of Solar Power: Achieving Grid Parity Annie Hazlehurst Joint MBA / MS Environment & Resources Candidate Stanford Graduate School of Business 1 Questions to be Answered What are the markets

More information

US Solar Market: Overview of State and Federal Incentives

US Solar Market: Overview of State and Federal Incentives US Solar Market: Overview of State and Federal Incentives Rhone Resch President Solar Energy Industries Association Solar Energy Industries Association National trade association for solar technology companies

More information

Global market outlook for photovoltaics until 2013

Global market outlook for photovoltaics until 2013 2013 Global market outlook for photovoltaics until 2013 2005 2006 2007 2008 2009 2010 2011 2012 2013 TABLE OF CONTENTs 1 Executive Summary p 2 2 Global Historical PV Market Development p 3 3 Global PV

More information

The Central Role of Energy Efficiency in the Energy Outlook and EIA s Energy Data Program

The Central Role of Energy Efficiency in the Energy Outlook and EIA s Energy Data Program The Central Role of Energy Efficiency in the Energy Outlook and EIA s Energy Data Program For MIT Energy Initiative Symposium May 12, 2014 Cambridge, MA By Howard Gruenspecht, Deputy Administrator U.S.

More information

Outlook for Renewable Energy Markets: Implications for development, finance, infrastructure and law. Kevin Lapidus

Outlook for Renewable Energy Markets: Implications for development, finance, infrastructure and law. Kevin Lapidus Outlook for Renewable Energy Markets: Implications for development, finance, infrastructure and law Kevin Lapidus Sr. Vice President and General Counsel Sun Edison LLC October 2, 2009 SunEdison 2 North

More information

Hawai i s PV Challenge/Opportunity

Hawai i s PV Challenge/Opportunity Hawai i s PV Challenge/Opportunity UWIG Solar Integration Workshop Lahaina, Maui October 11, 2011 Mark Duda President, PO Box 37070 Honolulu HI, 96837 www.hsea.org mark@dephawaii.com Hawai i Market Drivers

More information

Financing Non-Residential Photovoltaic (PV) Systems

Financing Non-Residential Photovoltaic (PV) Systems Financing Non-Residential Photovoltaic (PV) Systems LSU Center for Energy Studies Alternative Energy 2009 Jason Coughlin Baton Rouge, LA April 22, 2009 NREL Overview Located in Golden, Colorado Began in

More information

The Prospects for Cost Competitive Solar PV Power

The Prospects for Cost Competitive Solar PV Power The Prospects for Cost Competitive Solar PV Power Stefan Reichelstein Graduate School of Business Stanford University September 2012 Introduction Rapid Growth of Solar PV Installations 17 GW of solar PV

More information

Analysis One Code Desc. Transaction Amount. Fiscal Period

Analysis One Code Desc. Transaction Amount. Fiscal Period Analysis One Code Desc Transaction Amount Fiscal Period 57.63 Oct-12 12.13 Oct-12-38.90 Oct-12-773.00 Oct-12-800.00 Oct-12-187.00 Oct-12-82.00 Oct-12-82.00 Oct-12-110.00 Oct-12-1115.25 Oct-12-71.00 Oct-12-41.00

More information

International Solar Energy Arena January 23rd, 2009, Istanbul STEAM (Strategic Technical Economic Research Center)

International Solar Energy Arena January 23rd, 2009, Istanbul STEAM (Strategic Technical Economic Research Center) International Solar Energy Arena January 23rd, 2009, Istanbul STEAM (Strategic Technical Economic Research Center) Good morning. Sayin Bakanım. Members of Parliament. Ladies and Gentlemen. Slide 1: Opening

More information

Solar Energy. Airports Going Green Aimee Fenlon

Solar Energy. Airports Going Green Aimee Fenlon Solar Energy Airports Going Green Aimee Fenlon 1 Renewable vs. Non-Renewable Electrical Generation Renewables: Source Advantages Disadvantages Solar PV No CO2; Needs no Fuel Intermittent no power at night,

More information

2015 RACE TO ZERO STUDENT DESIGN COMPETITION

2015 RACE TO ZERO STUDENT DESIGN COMPETITION 2015 RACE TO ZERO STUDENT DESIGN COMPETITION Team Members / Industrial Partners A. TEAM and INDUSTRY PARTNERSHIPS B C D E F G H I A. TEAM B C D E F G H I J A C D E F G H I J B. DESIGN GOALS Project Site

More information

Solar Energy Commercial Applications. Agenda. Venture Catalyst Inc. Intro. Opportunity. Applications. Financing. How to start

Solar Energy Commercial Applications. Agenda. Venture Catalyst Inc. Intro. Opportunity. Applications. Financing. How to start Solar Energy Commercial Applications Valerie Rauluk Venture Catalyst Inc. vajra@vecat-inc.com Solar America Cities Briefing June 23, 2009 Agenda Intro Opportunity Applications Financing How to start 2

More information

Case 2:08-cv-02463-ABC-E Document 1-4 Filed 04/15/2008 Page 1 of 138. Exhibit 8

Case 2:08-cv-02463-ABC-E Document 1-4 Filed 04/15/2008 Page 1 of 138. Exhibit 8 Case 2:08-cv-02463-ABC-E Document 1-4 Filed 04/15/2008 Page 1 of 138 Exhibit 8 Case 2:08-cv-02463-ABC-E Document 1-4 Filed 04/15/2008 Page 2 of 138 Domain Name: CELLULARVERISON.COM Updated Date: 12-dec-2007

More information

Imagine a company that has shipped solar panels equivalent to the capacity of 8 nuclear plants. This is Suntech.

Imagine a company that has shipped solar panels equivalent to the capacity of 8 nuclear plants. This is Suntech. that has shipped solar panels equivalent to the capacity of 8 nuclear plants. Our Headquarters: 80% of our electricity is drawn from renewable energy sources. Our facade is the largest grid-connected building

More information

Rooftop Revenues. How Your Business Can Profit from Solar Energy.

Rooftop Revenues. How Your Business Can Profit from Solar Energy. Rooftop Revenues How Your Business Can Profit from Solar Energy. White Paper Introduction The decision to implement a solar PV system, once dismissed as an overly expensive investment, can now be backed

More information

INSTALLER PARTNERS FOR THE PROGRAM

INSTALLER PARTNERS FOR THE PROGRAM Welcome to our community meetings! Solarize Southern Tier East is a fivecounty community solar program working to double the total amount of solar PV installed at area residences and small businesses to

More information

MORE POWER. A BETTER INVESTMENT.

MORE POWER. A BETTER INVESTMENT. SUNPOWERCORP.COM US HEADQUARTERS SunPower Corporation 3939 N. 1st Street San Jose, California 95134 USA 1-800-SUNPOWER sunpowercorp.com MORE POWER. A BETTER INVESTMENT. Established Incorporated in 1985

More information

Concentrated PhotoVoltaic Technology - CPV

Concentrated PhotoVoltaic Technology - CPV Concentrated PhotoVoltaic Technology - CPV MAGPOWER 2º Congresso de Engenheiros de Língua Portuguesa November 27-88 2014 Venetian Hotel, Macau Manufacturing Layout & Equipment MAGPOWER is an European company

More information

NYC Solar Workshop NYSERDA s Programs

NYC Solar Workshop NYSERDA s Programs NYC Solar Workshop NYSERDA s Programs Con Edison: The Learning Center Auditorium 4382 Vernon Blvd. Long Island City, NY 11101 April 14, 2014 Peter Savio Frank Mace Where is NY Clean Energy Policy Headed?

More information

Global Equity Trading Volumes Surge 36% in 1 st half 2015 driven by Mainland China

Global Equity Trading Volumes Surge 36% in 1 st half 2015 driven by Mainland China Global Equity Trading Volumes Surge 36% in 1 st half 215 driven by Mainland China Global Equity Trading Volumes Ex Mainland China Up 5% Mainland China Share Trading Vols Rise 166% in H1 215 vs H2 214 The

More information

Solar Roof. Building Integrated Solar Roofing Systems

Solar Roof. Building Integrated Solar Roofing Systems Solar Roof Building Integrated Solar Roofing Systems FM Logistic - France - work in progress Attractive, emission-free, lightweight and low-maintenance Using solar energy is sensible and safe. Solar energy

More information

Residential Consumer Guide to Solar Power

Residential Consumer Guide to Solar Power Residential Consumer Guide to Solar Power 505 9 th Street NW Suite 800 Washington DC 20004 202.682.0556 www.seia.org Table of Contents Residential Consumer Guide to Solar Power... 2 Introduction... 2 How

More information

William Haman, P.E. IAMU Energy 2013 Conference, Ankeny, IA October 1, 2013

William Haman, P.E. IAMU Energy 2013 Conference, Ankeny, IA October 1, 2013 Iowa s Solar Energy Potential, The Basics William Haman, P.E. IAMU Energy 2013 Conference, Ankeny, IA October 1, 2013 Who is the Iowa Energy Center? A Little History Created by the 1990 Iowa Energy Efficiency

More information

Solar PV and Project Financing

Solar PV and Project Financing Solar PV and Project Financing Global Workshop on Grid Connected Renewable Energy USEA / USAid Washington, DC September 1 st 2009 January 2009 1 The Company Solarpack is a Solar Photovoltaic developer

More information

3.36 kw Solar PV Kit Pricing

3.36 kw Solar PV Kit Pricing 3.36 kw Solar PV Kit Pricing Standard 3.36 kw Solar PV System Pricing $ 13,440 MI Solar Works Pricing $ 11,760 Less Federal Tax Incentives (30% of System Cost) - 3,528 Final 3.36 kw Solar PV System Cost

More information

OPDE Group welcomes government delegation and businessmen from Thailand

OPDE Group welcomes government delegation and businessmen from Thailand OPDE Group welcomes government delegation and businessmen from Thailand A delegation comprised of 25 government and industry representatives from Thailand visited the OPDE solar photovoltaic plant in Écija,

More information

CHANGING THE WORLD WITH COMPELLING IDEAS. German Indian Renewable Energy Dialogue 1st of October 2008

CHANGING THE WORLD WITH COMPELLING IDEAS. German Indian Renewable Energy Dialogue 1st of October 2008 Titel: IBC SOLAR mit starken Ideen die Welt verändern Autor: Ort, 00. Monat 2008 CHANGING THE WORLD WITH COMPELLING IDEAS German Indian Renewable Energy Dialogue 1st of October 2008 2008 IBC SOLAR Agenda

More information

Agenda. Global Energy Outlook. Energy Potential of Our Region. Energy Investments in our Region

Agenda. Global Energy Outlook. Energy Potential of Our Region. Energy Investments in our Region Agenda 1 2 2 Global Energy Outlook Energy Potential of Our Region Energy Investments in our Region Our Energy Politics 213-13 Billion TEP 24-18 Billion TEP IEA, World Energy Outlook 214 Global Renewable

More information

China Solar Market Analysis

China Solar Market Analysis China Solar Market Analysis Eilat-Eilot Renewable Energy 5 th International Conference & Exhibition Nov. 2012 Anna Wang - Sales Manager (Southern Europe & LaTam) Outline China Overview -About China -Chinese

More information

Running the Electric Meter Backwards: Real-Life Experience with a Residential Solar Power System

Running the Electric Meter Backwards: Real-Life Experience with a Residential Solar Power System Running the Electric Meter Backwards: Real-Life Experience with a Residential Solar Power System Brooks Martner Lafayette, Colorado University of Toledo Spring 2015 PHYS 4400 - Principles and Varieties

More information

Status of Renewable Energy in Liberia

Status of Renewable Energy in Liberia Status of Renewable Energy in Liberia Augustus V. Goanue Principal Officer Prototype Rural and Renewable Energy Agency of Liberia Email: gusgoanue@yahoo.com Mobile: +231 655 9266 Presentation Outline Background

More information

RENEWABLE ENERGY IN AUSTRALIA

RENEWABLE ENERGY IN AUSTRALIA RENEWABLE ENERGY IN AUSTRALIA Increasing electricity generation from renewable energy sources is one of the main strategies to reduce greenhouse emissions from the power sector. Australia has historically

More information

Overview of Solar Guidebook and Knowledge Management Project Sustainable Business Advisory

Overview of Solar Guidebook and Knowledge Management Project Sustainable Business Advisory Overview of Solar Guidebook and Knowledge Management Project Sustainable Business Advisory April 2012 Knowledge Management Project - the Aim to build capacity, capture lessons learned and disseminate and

More information

Photovoltaic System Pricing Trends

Photovoltaic System Pricing Trends Photovoltaic System Pricing Trends Historical, Recent, and Near-Term Projections 2014 Edition NREL/PR-6A20-62558 September 22, 2014 David Feldman 1, Galen Barbose 2, Robert Margolis 1, Ted James 1, Samantha

More information

Course CME 310 Solar Power For Africa. NGOs and SITUATION OF ELECTRICITY IN RWANDA

Course CME 310 Solar Power For Africa. NGOs and SITUATION OF ELECTRICITY IN RWANDA Course CME 310 Solar Power For Africa NGOs and SITUATION OF ELECTRICITY IN RWANDA BY Dr Schadrack Nsengiyumva Rhodes University Physics Department Grahamstown South Africa RWANDA Capital (and largest

More information

Photovoltaic Industry Technologies, Markets & Trends

Photovoltaic Industry Technologies, Markets & Trends Photovoltaic Industry Technologies, Markets & Trends AIAA Los Angeles Enterprise Chapter Joel Davidson Solutions in Solar Electricity Presentation Outline The Big Picture Brief History of PV Solar Array

More information

ADB s Rooftop Solar Project. Aiming Zhou Senior Energy Specialist 15-19 June 2015 10 th Asia Clean Energy Forum

ADB s Rooftop Solar Project. Aiming Zhou Senior Energy Specialist 15-19 June 2015 10 th Asia Clean Energy Forum ADB s Rooftop Solar Project Aiming Zhou Senior Energy Specialist 15-19 June 2015 10 th Asia Clean Energy Forum 1. Project Summary 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 >27

More information

Enhanced Vessel Traffic Management System Booking Slots Available and Vessels Booked per Day From 12-JAN-2016 To 30-JUN-2017

Enhanced Vessel Traffic Management System Booking Slots Available and Vessels Booked per Day From 12-JAN-2016 To 30-JUN-2017 From -JAN- To -JUN- -JAN- VIRP Page Period Period Period -JAN- 8 -JAN- 8 9 -JAN- 8 8 -JAN- -JAN- -JAN- 8-JAN- 9-JAN- -JAN- -JAN- -JAN- -JAN- -JAN- -JAN- -JAN- -JAN- 8-JAN- 9-JAN- -JAN- -JAN- -FEB- : days

More information

PG&E and Renewable Energy. Chuck Hornbrook Senior Manager Solar and Customer Generation

PG&E and Renewable Energy. Chuck Hornbrook Senior Manager Solar and Customer Generation PG&E and Renewable Energy Chuck Hornbrook Senior Manager Solar and Customer Generation PG&E and our Business What we do: Deliver safe, reliable, and environmentally responsible gas and electricity to approximately

More information

Economic Impact of Extending the Section 1603 Treasury Program

Economic Impact of Extending the Section 1603 Treasury Program Economic Impact of Extending the Section 1603 Treasury Program EuPD Research Exclusive Research Services October 12, 2011 Prepared for the Solar Energy Industries Association (SEIA ) Table of Contents

More information

Design of Grid Connect PV systems. Palau Workshop 8 th -12 th April

Design of Grid Connect PV systems. Palau Workshop 8 th -12 th April Design of Grid Connect PV systems Palau Workshop 8 th -12 th April INTRODUCTION The document provides the minimum knowledge required when designing a PV Grid connect system. The actual design criteria

More information

BLOOMBERG NEW ENERGY FINANCE SUMMIT

BLOOMBERG NEW ENERGY FINANCE SUMMIT BLOOMBERG NEW ENERGY FINANCE SUMMIT NEW YORK 8 APRIL 2014 MICHAEL LIEBREICH CHAIRMAN OF THE ADVISORY BOARD TWITTER: @MLIEBREICH #BNEF2014 Michael Liebreich BNEFSummit 2014 Twitter: @Mliebreich #BNEF2014

More information

Perspectives of the German PV Market after Recent Changes in the Renewable Energy Act

Perspectives of the German PV Market after Recent Changes in the Renewable Energy Act 6 th Germany California Solar Day, September 14 th, 2010 Perspectives of the German PV Market after Recent Changes in the Renewable Energy Act Gerhard Stryi-Hipp Head Energy Policy Fraunhofer Institut

More information

By: Crystal Warren IMPLEMENTATION OF SOLAR PANELS ON COMMERCIAL PROPERTIES AND THE COST-BASED INCENTIVES

By: Crystal Warren IMPLEMENTATION OF SOLAR PANELS ON COMMERCIAL PROPERTIES AND THE COST-BASED INCENTIVES By: Crystal Warren IMPLEMENTATION OF SOLAR PANELS ON COMMERCIAL PROPERTIES AND THE COST-BASED INCENTIVES MY PLAN Encourage commercial property/business owners to install solar panels to reduce the amount

More information

Jon Buschke 3059 Austin Ave Simi Valley, CA 93063 (805) 813-1647 jbuschke@hotmail.com

Jon Buschke 3059 Austin Ave Simi Valley, CA 93063 (805) 813-1647 jbuschke@hotmail.com PDF Raw Data < B Na ec Solar Lease Quote Prepared For: Jon Buschke 3059 Austin Ave Simi Valley, CA 93063 (805) 813-1647 jbuschke@hotmail.com Prepared By: Michael Garcia Solarology 2524 Townsgate rd unit

More information

Forward Looking Statements

Forward Looking Statements February 21, 2007 Forward Looking Statements This presentation contains forward-looking statements which are made pursuant to the safe harbor provisions of Section 21E of the Securities Exchange Act of

More information

John Lushetsky, Program Manager US Department of Energy Solar Energy Technology Program

John Lushetsky, Program Manager US Department of Energy Solar Energy Technology Program International Workshop on Glass for Harvesting, Storage & Efficient Usage of Solar Energy Needs and Opportunities for Glass in the US DOE Solar Technology Program November 17, 2008 John Lushetsky, Program

More information

Photovoltaic and Solar Thermal in Germany Status quo and Outlook

Photovoltaic and Solar Thermal in Germany Status quo and Outlook Photovoltaic and Solar Thermal in Germany Status quo and Outlook Bangalore, 14 November 2011 Dr. Matthias Eichelbrönner This presentation was supported by Mr. Chrometzka, German Solar Industry Association

More information

U.S. Concentrating Solar Power

U.S. Concentrating Solar Power U.S. Concentrating Solar Power World Bank October 29, 2009 Chuck Kutscher National Renewable Energy Laboratory CSP: The Other Solar Energy Parabolic trough Linear Fresnel Power tower Dish-Stirling Parabolic

More information

Using the sun to generate electricity

Using the sun to generate electricity Using the sun to generate electricity Image source: http://www.globalsolarcenter.com/files/2009/04/commercial-solar.jpg Solar panels information sheet What are the benefits? How does it work? What is the

More information

Solar Power HourSM. Solar educa on for your community.

Solar Power HourSM. Solar educa on for your community. Solar Power HourSM Solar educa on for your community. 1 Contents About. 1 Commonly Asked Questions.. 2-3 The Solar Site Assessment.. 3-4 Selecting a Solar Installer. 5-7 Certified Installers by State.

More information

FRAUNHOFER INSTITUTE FOR SOLAR ENERGY SYSTEMS ISE

FRAUNHOFER INSTITUTE FOR SOLAR ENERGY SYSTEMS ISE FRAUNHOFER INSTITUTE FOR SOLAR ENERGY SYSTEMS ISE Photovoltaics Report Freiburg, December 11, 2012 www.ise.fraunhofer.de CONTENT Introduction Executive Summary PV Market Solar Cells / Modules / System

More information

Delivering Better Energy. Vertical Integration into High Efficiency Solar Module Technology and Manufacturing

Delivering Better Energy. Vertical Integration into High Efficiency Solar Module Technology and Manufacturing Delivering Better Energy Vertical Integration into High Efficiency Solar Module Technology and Manufacturing Forward-Looking Statements This presentation contains forward-looking statements that involve

More information

Trade in Environmental Goods & Services Solar Energy in Kenya

Trade in Environmental Goods & Services Solar Energy in Kenya Trade in Environmental Goods & Services Solar Energy in Kenya Dr. Moses Ikiara Kenya Institute for Public Policy Research and Analysis WTO Workshop, Geneva, Switzerland September 23 25, 2009 Outline Introduction

More information

Duke Energy Florida. Solar Energy in Florida FPSC Request for Comments. Enhancing the development of solar technologies in Florida

Duke Energy Florida. Solar Energy in Florida FPSC Request for Comments. Enhancing the development of solar technologies in Florida 2015 Duke Energy Florida Solar Energy in Florida FPSC Request for Comments Enhancing the development of solar technologies in Florida INTRODUCTION Duke Energy is committed to providing safe, reliable,

More information

Technology Advantage

Technology Advantage Technology Advantage 2 FIRST SOLAR TECHNOLOGY ADVANTAGE 3 The Technology Advantage Cadmium Telluride (CdTe) photovoltaic (PV) technology continues to set performance records in both research and real-world

More information

Geothermal power station in Tuscany, Italy. Delivering On Renewable Energy Around The World: How Do Key Countries Stack Up?

Geothermal power station in Tuscany, Italy. Delivering On Renewable Energy Around The World: How Do Key Countries Stack Up? energy facts Jeda Villa Bali lets.book Solar power panels in Indonesia. Geothermal power station in Tuscany, Italy. Delivering On Renewable Energy Around The World: How Do Key Countries Stack Up? by Jake

More information

Incentivizing Generation of More Renewable Energy in Residential and Commercial Sector in Hawaii

Incentivizing Generation of More Renewable Energy in Residential and Commercial Sector in Hawaii Incentivizing Generation of More Renewable Energy in Residential and Commercial Sector in Hawaii Farzand Ali Policy Paper prepared under the supervision of Dr. Susan Chandler, Director Public Policy Center,

More information

ZREC, LREC and biomass Projects

ZREC, LREC and biomass Projects Connecticut Green Bank Providing easy access to affordable capital Connecticut Business and Industry Association What s the Deal October 8, 2014 Grid-Tied Incentives 30 MW Grid-Tied Section 127 DEEP CL&P

More information

Connecticut Green Bank Energizing Connecticut. Department of Energy and Environmental Protection SIPRAC Meeting October 9, 2014

Connecticut Green Bank Energizing Connecticut. Department of Energy and Environmental Protection SIPRAC Meeting October 9, 2014 Connecticut Green Bank Energizing Connecticut Department of Energy and Environmental Protection SIPRAC Meeting October 9, 2014 Why Clean Energy? Economic Development and Environmental Protection 2 Connecticut

More information

affordable costs to address the world s energy needs

affordable costs to address the world s energy needs Making high quality, high power solar cells and modules using U.S. based technology at affordable costs to address the world s energy needs SUNIVA IN THE JAPANESE SOLAR MARKET DECEMBER 2013 WHO WE ARE

More information

Solar Power Purchase Agreements - Frequently Asked Questions

Solar Power Purchase Agreements - Frequently Asked Questions Q&As from the Green Power Partnership s Webinar on Solar Power Purchase Agreements [A recording and presentations from the webinar are available at: http://www.epa.gov/greenpower/events/july28_webinar.htm

More information

Deutsche Global Infrastructure Fund (TOLLX)

Deutsche Global Infrastructure Fund (TOLLX) Global Infrastructure Fund (TOLLX) A step beyond MLPs Important risk information Any fund that concentrates in a particular segment of the market will generally be more volatile than a fund that invests

More information

What are the Top 5 items that our audience needs to know about renewable energy projects?

What are the Top 5 items that our audience needs to know about renewable energy projects? Alteris Renewables Jim Christo Commercial Sales Director, Boston territory 312 Stuart St., Boston, MA 02116 (regional office) 1 800 339 7804 www.alterisinc.com info@alterisinc.com Renewable Energy Integrator

More information