Solar Loans Emerge as the Dominant Residential Financing Product

Solar loans emerged as the dominant financing solution for residential systems in the first half of 2018, as existing loan providers scaled up through major installer partnerships and new loan providers grew via relationships with regional installers, according to the latest U.S. residential solar finance report from Wood Mackenzie. Loans claimed a 42 percent share of the residential market, outperforming …

Oilfield in Oman set to get a solar plant to aid its crude production

<!– //www.cnbc.com/staticContent/showads.js –> MENUSEARCH QUOTES Sustainable Energy California headquartered GlassPoint Solar has signed an agreement with Occidental of Oman that could lead to the development of a solar thermal energy plant of more than two gigawatts. In a statement Tuesday, GlassPoint said that the prospective plant would be located at the Mukhaizna oilfield in the Sultanate of Oman. GlassPoint develops …

Tesla cuts prices on solar-power systems to push sales: report

Tesla Inc. TSLA, +1.29% has slashed prices on its residential solar-power systems by as much as 25% in an effort to boost sales, Reuters reported Thursday, citing Sanjay Shah, the company’s senior vice president of energy operations. Effective immediately, price quotes for potential solar customers will be between $3,000 and $5,000 lower on average, Shah said, according to Reuters. Tesla …

Distributed political power: Mayors for Solar Energy

Solar power has an important advantage that we all know well: it is able to deployed as a single solar module, or as a facility with a million modules. As such, it seems that across the United States the political push by solar power on conventional energy is occurring the same way: from the bottom, the top and the middle. …

Solar panels planned at town country club

Smithtown will install a solar array at town-owned Landing Avenue Country Club in 2019 that is expected to save $18,000 a year in electricity costs, officials say. The 200 panels will cover part of the roofs of the club’s Nissequogue House and Riverview Room, buildings that house recreational offices and a bar for visitors. Those buildings have direct sun exposure, and their …

Astronomers spy most distant solar system object yet

<!– googletag.cmd.push(function() { googletag.display(‘post_link_unit’); }); –> View larger. | Solar system distances to scale showing the newly discovered 2018 VG18 – nicknamed Farout – compared to other known solar system objects. Illustration via Roberto Molar Candanosa/Scott S. Sheppard/Carnegie Institution for Science. Astronomers have discovered another small object in the outer solar system, the most distant solar system object yet known. …

Tesla cuts prices on solar power systems as it looks to entice customers

<!– //www.cnbc.com/staticContent/showads.js –> MENUSEARCH QUOTES Sustainable Energy Tesla has reduced prices on its solar power systems as it looks to make sustainable energy use more affordable. “As a result of the vertical integration of our solar products into Tesla’s retail stores and the increased efficiencies we’ve realized over the past year by closing more expensive sales channels like door-to-door sales, …

Walmart to install solar panels on 19 of its stores in Illinois, including Belleville – Belleville News

The nation’s largest retailer is joining the solar boom in Illinois next year. Walmart has reached an agreement with a California company to install solar systems at two distribution centers and 19 stores, including those in Belleville, O’Fallon, Sparta and Litchfield. It’s billed as a way to save money on electricity and help the environment by reducing carbon emissions. The …

Solar farm proposed in Wiregrass would be Alabama’s largest

An energy project proposed for southeast Alabama could become the state’s largest solar farm. The Dothan Eagle reports that Houston County commissioners have approved a 10-year property tax abatement for about 1,000 acres of land selected for a huge solar array. Matt Parker of the Dothan Area Chamber of Commerce says the move allows NextEra Energy to project its potential …