North Carolinians could save $26 million a year if we added 500 megawatts of solar generation according to a study prepared by Crossborder Energy based in Berkley, Ca.
John Downey of the Charlotte Business Journal reported on the release and offered the following:
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Chris Bagley, Staff Writer- Triangle Business Journal
Alternative energy has become a sizeable industry in North Carolina, with estimated full-time employment of more than 15,000, and it also has become a steady source of customers for banks.
North Carolina-based banks put tens of millions of dollars into solar and other alternative energy projects, mostly in the last couple of years.
Raleigh-based First Citizens Bank (Nasdaq: FCNCA) has put a total of about $12 million into nine solar-energy developments since mid-2011, spokesman Frank Smith says.
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John Downey, Senior Staff Writer- Charlotte Business Journal
North Carolina remains the Southeast’s hot spot for solar development, according to the most recent figures compiled by SNL Energy.
But interest in solar projects has rapidly ramped up in Florida, SNL says. And with the help of some particularly large projects, the Sunshine State could be neck-and-neck with North Carolina if all currently planned projects in both states are built.
In an article based on figures as of June 3, SNL’s Charlotte Cox reports that solar development had its best first quarter in U.S. history.
Cox reports that 297 megawatts worth of utility-scale solar power projects were built in the country in the first three months of the year. That is more than twice the 122 megawatts built in the first quarter of 2012.
However, it was well below the 794 megawatts installed in the fourth quarter of 2012, which was the largest quarter ever for the industry.
Tags: solarrenewable energyncpolfirst in solar
RALEIGH, NC - The NC Sierra Club today joined Governor McCrory in celebrating June as Solar Energy Month.
“North Carolina has become a clean energy leader in the Southeast,” said Molly Diggins, state director of the North Carolina Sierra Club. “With leadership and supportive policies, our state is poised to become a national leader.”
To coincide with Governor McCrory’s announcement, the NC Sierra Club has launched a campaign to encourage North Carolina to become a national leader in clean energy. The ‘First In Solar’ campaign will run the course of the month, and engage North Carolinians through events, solar installation tours, and social media outreach.
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When you think of North Carolina you probably think of barbecue, sweet tea and ACC basketball. Now, it's time to add solar energy to the list! At our current pace, we will be ranked 4th in the US in solar energy by the end of 2013! While many sectors of the economy are struggling, clean energy is booming! In an effort to recognize the contributions of solar energy to North Carolina, Governor Pat McCrory has declared June 2013 Solar Energy Month!
When you think of North Carolina you probably think of barbecue, sweet tea and ACC basketball. Now, it's time to add solar energy to the list! At our current pace, we will be ranked 4th in the US in solar energy by the end of 2013! While many sectors of the economy are struggling, clean energy is booming!
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North Carolina has quietly become one of most interesting states for solar investment in the nation, according to a panel of experts speaking Thursday at the Energy Inc. Summit at the Charlotte Convention Center.
Darren Van’t Hof, director of renewable-energy investments of US Bancorp, says North Carolina is the top state his bank is investing in. He says US Bancorp Community Development Corp.*, based in St. Louis, has $80 million to $100 million of investment approved for N.C. solar projects.
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By John Murawski
Meet the bill with nine lives – and twice as many votes cast against it.
Lawmakers on Wednesday could once again attempt to end a state renewables policy whose proponents say has elevated North Carolina to the nation’s fifth-largest developer of solar farms.
Last week, lawmakers defeated the measure 18-13 in a House committee. At the time proponents of solar power and renewables celebrated a rare victory.
On Tuesday, Rep. Mike Hager, the bill’s sponsor, revived it for another vote.
Even by the standards of North Carolina’s partisan legislature, the push to undo the 6-year-old energy policy marks unusual determination to salvage a struggling bill.
For their part, advocates of solar power and renewables are now bracing for the potential of esoteric parliamentary maneuvers that are used on rare occasion to advance controversial bills for last-minute votes.
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In North Carolina, repeal of the Renewable Portfolio Standard (RPS) has passed out of committee and could be voted on as soon as this week (House Bill 298).
Ironically, this comes just as the state is trumpeting its renewable energy growth at the 10th annual Sustainable Energy Conference in Raleigh, sponsored by the N.C. Department of Commerce, says Tom Gray in the American Wind Energy Association's blog.
"If H298 passes, it will virtually eliminate the market for new renewable energy projects, since a free market does not exist where clean energy can compete head to head with the utilities. House Bill 298 signals the rules are changing and clean energy investments are no longer welcome here," said Betsy McCorkle of the North Carolina Sustainable Energy Association at a press conference.
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