Tag Archives: Solar

Major Investors Back Residential Solar Financing

In recently revealed disclosures, well-known strategic investors (like Duke Energy and Edison International) and venture fund players (like Kleiner Perkins and Google Ventures) are moving to back financing of residential solar.  This development indicates that major investors are willing to … Continue reading

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Significant IRS Private Letter Ruling Allows Native American Indian Tribe to Allocate ITC Credits in Renewable Project

As discussed previously in the blog, Section 48 generally allows for an investment tax credit for qualified energy property, which includes equipment that uses solar energy to generate electricity.  Section 50(b)(3) provides that no investment credit, which includeS the Section 48 … Continue reading

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$7.25 Million in New Funding for Pennsylvania’s Sunshine Solar Program

On January 29, the Pennsylvania Department of Environmental Protection issued a press release that it has received $7.25 million in funding from the Commonwealth Financing Authority to complete the agency’s Sunshine Solar Program. The program offers

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DOE Establishes New Critical Materials Hub

In response to concerns about severe shortages of rare earth metals needed for clean energy applications, on January 9, 2013, the Department of Energy announced the formation of a Critical Materials Institute

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$20 Million DOE Funding Announced for Concentrating Solar Power Technology

On December 17, the Department of Energy announced the availability of $20 million in new funding for projects designed to integrate Concentrating Solar Power (CSP) systems with fossil fuel power plants. CSP technology involves a hybrid approach, in which solar-generated … Continue reading

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