+- +-


Welcome, Guest.
Please login or register.

Login with your social network

Forgot your password?

+-Stats ezBlock

Total Members: 48
Latest: watcher
New This Month: 0
New This Week: 0
New Today: 0
Total Posts: 16867
Total Topics: 271
Most Online Today: 22
Most Online Ever: 1208
(March 28, 2024, 07:28:27 am)
Users Online
Members: 0
Guests: 4
Total: 4

Forum > Renewables

The Big Picture of Renewable Energy Growth

(1/88) > >>

Are you tired of pro Fossil Fuel or Nuke Puke Propaganda? ME TOO! Get the FACTS to shut down the lies, duplicity and obfuscation! Be Armed with IRON CLAD TRUTH the prevaricating liars CANNOT DENY. Save this, the most recent data available, provided by a network of more than 500 contributors and researchers from around the world, all of which is brought together by a multi-disciplinary authoring team. When the liars open their YAP,   Make FOOLS of them with the TRUTH  and send them crawling back to their Koch Masters. 
18 Fun Renewable Energy Charts From NREL Director Dan Arvizu & Ren21′s Renewables 2013 Global Status Report 

I had the good fortune of seeing NREL’s director, Dan Arvizu, give an optimistic renewable energy and cleantech presentation in Abu Dhabi in January. He certainly knows how to pack a presentation full of interesting charts. More recently, Dan gave a presentation in Colorado that I didn’t attend but have the slides for. (Actually, the slides are online [PDF].) Below are a few of my favorite slides from the new presentation, followed by several fun charts and tables from the key findings of Ren21’s Renewables 2013 Global Status Report. (Thanks to a reader for tipping me off to both presentations!)

Renewable Energy Charts & Facts
This first chart is on annual capacity growth rates for renewable energy technologies:

Here’s a look at the world leaders for specific clean energy technologies (at the end of 2012):

Naturally, the pure capacity leaders are not necessarily the per capita or per GDP leaders — normally they aren’t (a gripe I have with these types of ratings). For the latest on those for wind and solar, see:

Top Solar Power Countries (link at "Read more)
Top Wind Power Countries Per Capita  (link at "Read more)
Top Wind Power Countries Per GDP (link at "Read more)

The next chart, moving away from renewables to energy use on the consumer level, is a super fun one in my opinion. Ever wonder where homes & businesses are using their energy? This chart has the details:

There’s much more in Dan’s presentation, including many slides on NREL’s extremely high-tech, energy-efficient, LEED-platinum campus. Check it all out for more fun. (link at "Read more)

Below are now charts from Ren21’s Renewables 2013 Global Status Report. As always, I recommend checking out the full report. However, I’ve also gone ahead and pulled out several of my favorite charts to share below. Enjoy! (If you’ve already checked out Dan Arvizu’s presentation, you’ll notice that some of the charts from the Ren21 report were used in that.)

Global Renewable Energy Charts & Facts

Here’s an estimate of renewable energy’s share of electricity production at the end of 2012:

Non-hydro renewable being at 5.2% can be seen in a positive or a negative way. It’s much higher than it was just a few years ago, but it’s still a relatively small percentage. However you look at it, though, definitely realize that it is growing fast and will for years to come. We’re just getting started!
Here’s an even closer look at global renewable energy capacity, showing the totals by country at the end of the past 3 years:

Here’s a look at the world’s non-hydro renewable energy capacity leaders (again, in terms of total not relative capacity):

Here’s a great summary of global renewable energy jobs totals, and totals for some leading economies:

Here’s a look at how many and which countries have renewable energy policies (early 2013 compared to 2005):

 Solar Energy Charts & Facts

Getting into solar energy specifics more, here’s a look at global solar PV capacity growth:

That’s a nice curve if I’ve ever seen one!

Here’s a look at solar PV’s global capacity split at the end of 2012:

Here’s a look at the top solar PV module manufacturers at the end of 2012:

Here’s a look at the growth of solar water heating around the world:

Here are the leading solar water heating countries in terms of 2011 additions:

Wow. Go, China! 

And this last solar chart shows global solar thermal capacity growth:

Wowza!   And expect 2013′s total to be much bigger.  :o

Wind Power Charts & Facts

Wind power has grown at a similarly impressive rate. Check out these three charts for more on that as well as on the leading wind power countries and companies:

If you might want more, check out this brief summary of the Renewables 2013 Global Status Report and then get your butt over to the report’s key findings(link at "Read more") (or just jump straight over to the full report)(link at "Read more"):

Renewable energy markets, industries, and policy frameworks have evolved rapidly in recent years. The Renewables Global Status Report provides a comprehensive and timely overview of renewable energy market, industry, investment, and policy developments worldwide. It relies on the most recent data available, provided by a network of more than 500 contributors and researchers from around the world, all of which is brought together by a multi-disciplinary authoring team. The report covers recent developments, current status, and key trends; by design, it does not provide analysis or forecasts.[/b]

Also see:
About Solar Power (link at "Read more")
About Wind Power (link at "Read more")
World Wind Power In 2012 Advances Nearly 20% (link at "Read more")

Read more at http://cleantechnica.com/2013/11/07/renewable-energy-charts-renewable-energy-facts/#qV3O2UoIJW5lIGmO.99

South Africa: Where Clean Energy is Growing the Fastest

SustainableBusiness.com News

South Africa has concluded the third of five bidding rounds in its Renewable Energy Independent Power Producer Procurement Program (REIPPPP).

17 renewable energy projects, valued at $3.3 billion, received the go-ahead out of 93 bids. In total, 1.5 gigawatts (GW) of projects are approved: seven wind, six solar PV, two concentrating solar, one landfill gas and one biomass.

China Longyuan Power Group will develop 244 megawatts (MW) across two wind farms.  :o

Close behind it is a 100 MW solar concentrating plant to be built by Abengoa, which recently went public on Nasdaq (ABGB). Xina Solar One will have 5-hour energy storage and combined with its 100 MW KaXu Solar One, which is under construction, will be the biggest solar complex in Africa.

It makes use of parabolic trough technology:

A consortium led by Mainstream Renewable Power will build three wind projects totaling 360 MW, and will come online next year. That's in addition to 238 MW awarded in the first round of bids.

With a development pipeline of 19 GW, Mainstream recently closed a €100 million equity investment with Japanese Trading House Marubeni Corporation.

US-based SolarReserve won a bid in the previous round.

The consortium behind these projects now hold a 20% share in South Africa's solar market.

Earlier this year, Johannesburg-based Standard Bank Group and the Industrial and Commercial Bank of China agreed to jointly finance projects that win bids in the program.

The program is intended to quickly boost renewable energy in the country while weaning it off coal, which supplies 85% of its electricity. 3.7 GW of renewables will be added by the end of 2016 after the five bidding rounds are completed.

Last year, investors poured $5.7 billion into South Africa renewable energy projects, which have 20 year power-purchase agreements with the utility, Eskom, reports Bloomberg New Energy Finance.
Because of this program, South Africa is showing the most rapid clean energy growth in the world.


It Doesn't Have To Be So Hard: Making Renewable Energy Siting Easier

America's Power Plan
November 12, 2013

There is a deep irony at work in the intersection of energy and the environment. The biggest threat to our planet is climate change, caused in large part by our profligate use of energy. And one of the biggest solutions is to de-carbonize our electricity system by building renewable energy projects, linked to cities and large urban centers with new transmission lines.

These renewable energy systems can require large amounts of land. But with careful planning, we can preserve conservation values while significantly reducing our carbon footprint.

A second challenge is that most renewable energy and transmission development will take place on private lands, especially farms and ranches. While farmers and ranchers are eager to see the economic benefits of hosting wind farms and supplying biomass for energy, the track record with transmission development in America gives many of them pause. But again, new policies and practices can help make new infrastructure welcome in the American countryside.

At the request of the Energy Foundation, we have developed some ideas for improved siting policies and practices, as part of America’s Power Plan. The Plan is a comprehensive response to the rapid changes in the power sector coming from new technologies, consumer demand, and policy. Siting new renewables and the associated infrastructure will be a key part of that transition.

How much land will be needed to move to a high-renewables future? The National Renewable Energy Lab (NREL) calculates that getting 80 percent of our power from renewables would use about 200,000 square kilometers, less than 3 percent of the U.S. land base.

Most of this would come from biomass production, such as growing prairie grasses and other fast growing species specifically for energy production. Wind power, though it needs open spaces, only takes a small amount of land away from farming and ranching. In one scenario, NREL estimates wind would need 87,000 square kilometers of space, but only use up 4,200 square kilometers.    

In a core scenario, NREL estimated the need for about 120 million “megawatt-miles” of new transmission, an investment of $6.5 billion per year between now and 2050 to reach 80 percent renewables. While this seems like a lot of lines—our current system has 150-200 million megawatt-miles—most of this would be built in the sparsely-populated wind belt (see the accompanying map). NREL also created a “constrained transmission” scenario, which limited new grid construction and forced more renewable generation closer to load. That scenario required only 25 million megawatt-miles additional, but had higher overall costs and more congestion. With thoughtful and integrated planning, we believe we can maximize the use of current lines and minimize the need for new.

Source: NREL, Renewable Electricity Futures.

While the Beltway conventional wisdom is that building transmission lines is “simply not feasible,” lines are in fact being built. Transmission investment is rising from a mid-1990s trough, with much new development intentionally benefiting renewables. In fact, new lines are starting to fill in the NREL map already. The three power systems stretching from Texas to Minnesota, called ERCOT, the Southwest Power Pool and MISO, have approved $20 billion of new lines to bring wind power to market.

Rural communities, landowners, and policymakers in these areas are willing to live with transmission partly because they see the economic and environmental benefits of renewable energy, and understand the need for infrastructure. As the saying goes, “If you love renewables, you’ve got to at least like transmission.”

It is also helps that developers are becoming more sensitive to the concerns of communities and regulators. One developer, Clean Line Energy Partners, has had 600 public meetings in the process of siting a line from Iowa to Illinois.

And the federal government has become proactive in addressing siting issues on public lands early and openly, through programs launched by former Interior Secretary Ken Salazar.

The Bureau of Land Management has set aside 1,000 square miles of land in 24 solar-energy study areas and is evaluating them for appropriate development. These areas have the technical potential to generate nearly 100,000 megawatts of electricity or enough to power 29 million homes. Interior is working to encourage development of all renewables, especially offshore wind on the East Coast.

As part of America’s Power Plan, we have developed a set of recommendations for smart reforms of policies and business practices. With the right changes, we can see continued success in siting new generation and transmission.

First, of course, we must maximize the efficiency and use of the existing grid. “Non-wires” alternatives like targeted efficiency improvements, demand response, and distributed generation can help us wring more out of our existing transmission system.
But the current grid was built for fossil and nuclear generators. A system for renewables will need to increase access to new regions, like the Midwestern wind belt and the sunny Southwest. It will also need to be more interconnected, to minimize the impacts of variable generation, like wind and solar.

A package of reforms and best practices can reduce conflict and streamline the process of siting new projects, making it faster, cheaper, and less controversial.

New approaches include engaging stakeholders early, accelerating innovative policy and business models, and employing “smart from the start” strategies to avoid the risk of environmental and cultural-resource conflicts. Institutional reforms may be the most critical, such as greater coordination among regulatory bodies and improved grid planning and operations. Developers and regulators should work with landowners to develop new options for private lands, including innovative compensation measures.

A number of these improvements are being deployed already, such as in the Western Governors’ Association Regional Transmission Expansion Planning Project and the Interior Department’s pro-active work to site America’s first offshore wind farm.

Modernizing the grid and transitioning to clean power sources need not cause harm to landowners, cultural sites or wildlife. On the contrary, taking action today will provide long lasting benefits.

By Carl Zichella, Johnathan Hladik and Bentham Paulos

Zichella and Hladik are speaking at the Renewable Energy World Conference & Expo in Orlando, Florida on November 13 in session 19B - "Seizing Opportunities in Wind Development and Planning."

Carl Zichella is Director of the Western Transmission, Land & Wildlife Program for the Natural Resources Defense Council. Johnathan Hladik is an attorney and energy policy advocate for the Center for Rural Affairs. Bentham Paulos is the manager of America’s Power Plan.


Golden Oxen:
Hi everybody. My first posting, found this article moments ago by one of my favorites Chris Nelder. Hope you find it of interest.
Agelbert I had a problem deciding if this belonged here or general discussion. Feel free to move it if it is in the wrong spot. Still feeling my way around your very well thought out site.

Financial Innovation is the Next Big Thing in Clean Energy and Efficiency


A new wave of innovation is sweeping the energy transition sector, promising to accelerate deployment and cut the costs of energy-efficiency measures, as well as wind and solar generation.

It isn’t a technological improvement, like cutting hardware and labor costs. It isn’t a policy mechanism like feed-in tariffs. It isn’t even a new business model, like selling storage services.

It’s financial innovation.

If the very words make you clutch your wallet and roll your eyes, I understand. After all, it was the innovation of mortgage-backed securities, credit default swaps and collateralized debt obligations that opened the door to an unprecedented level of financial recklessness and nearly brought down the global economy five years ago.

However, at the risk of incurring the wrath of the market gods: This time it’s different.
The problem: The capital gap

Financial innovation in the cleantech sector is needed for a simple reason: Wind and solar systems (even large, utility-scale ones) and energy-efficiency upgrades are hard to finance. They typically require a homeowner or business owner or renewable project developer to come up with a significant chunk of capital up front, then receive the benefits of the investment over a long time horizon — typically, 20 years or more. They’re all a little different, making it hard to evaluate risk. Even if an investment offers an excellent return over time, coming up with the initial capital can be too high a hurdle. And when a developer manages to raise the money to build a project, it usually needs to sell the project to a long-term investor so it can free up its capital to build the next solar park or wind farm.

The natural long-term holders of assets like these are pension funds, infrastructure funds, sovereign wealth funds, insurance funds, and the like. They are accustomed to investing tens or hundreds of millions of dollars at once and then receiving modest, single-digit returns over a period of decades. This is the so-called fixed-income market, where the investments are usually come in the form of very low-risk assets like Treasury bills, equity positions in historically stable sectors like utilities, or long-term, high-grade corporate debt.

The problem in the cleantech sector has been matching assets to their natural investors.

Over the past year, I’ve heard the same story over and over again. Globally, fixed-income investment entities have trillions of dollars of available capital that they would love to put into renewable energy and efficiency projects. Enough to build a huge chunk of the new infrastructure needed to transition the world from fossil fuels to renewable energy. But the available projects are too small. Whether the investment is $50,000 or $500 million, it still requires about the same level of due diligence effort to evaluate: many billable hours paid to high-priced lawyers, accountants, researchers, and fund managers. That cost can be a killer if the investment is less than (roughly) $5 million dollars; there just isn’t enough margin to justify it.

So the trick has been to find a way to “de-risk” (do the due diligence) and bundle cleantech and energy-efficiency investments, in order to be able to offer a suitably large investment to the fixed income market at an acceptably low transaction cost.

Enter financial innovation.
Solution 1: Standardization

Several recent initiatives are tackling the first part of the problem by finding ways to standardize investments.

The U.S. National Renewable Energy Laboratory (NREL) just this week released a set of standardized contracts for solar projects. The contracts, which include lease agreements for residential solar systems offered by third-party solar leasing companies and commercial power purchase agreements (PPAs) for larger systems, were developed by a working group NREL convened in the spring called Solar Access to Public Capital (SAPC).

Comprising some 20 to 25 companies in the sector — including project developers, law firms, and analytical entities — SAPC analyzed many existing contracts for solar projects and figured out which parts could be standardized and which parts needed to be customizable.

I asked NREL Energy Analyst Paul Schwabe, who headed the contract standardization project, why new contracts are needed. “We see a number of benefits for those leases and PPAs,” he says. “One, lowering transaction costs for entities who don’t already have those documents available; they don’t have to reinvent the wheel. Two, improving customer transparency, particularly on the residential side. By using a standard contract, the consumer can more easily compare multiple projects and know that the contract has been analyzed by a number of industry stakeholders. And three, we think it can help facilitate the pooling of cash flows into a common investment that can access capital markets.”

The working group hopes standardized contracts will reduce the cost of capital for project developers, and make it easier for customers and investors to evaluate investments. So far, the prospects are good.

“We’ve gotten buy-in from a large majority of the residential installer community, and we’ve made good inroads in the commercial industry as well,” Schwabe says. “We’ve confirmed that a large percentage of the market will use them.” The working group now has more than 125 members, he estimates, and that number is growing rapidly.

Ultimately, the standardization of contracts will make it easier to assess the expected cash flows from solar projects, and thus make it easier for investors to feel assured that projects will perform as advertised.
Solution 2: Data and metrics

The contract standardization effort is part of a broader NREL initiative to organize the industry and establish collaboration between stakeholders. NREL is also collecting data for solar performance, which will help standardize an understanding of how well various pieces of solar gear perform.

Another industry working group called TruSolar is working on a complementary set of metrics and tools to standardize solar project financing, including rating photovoltaic (PV) projects for performance and establishing credit screening criteria. TruSolar is part of SAPC. It has partnered with NREL to publicize their respective efforts and highlight the synergy between them, Schwabe says.

By collecting historical data on actual system performance and establishing standard credit criteria, the two groups will solve another part of the problem: the lack of a trusted track record.

Whereas the performance of mortgages has a well-analyzed record that stretches back over more than a century, the data trail for solar projects is only a few decades long, and only the last decade of that trail is really representative of how well modern equipment performs.

These investments in collecting data and establishing metrics will make it easier to de-risk solar projects and assign them a credit rating major investors can accept without having to do so much of their own due diligence. This will ultimately reduce the cost of capital and increase the velocity of deal-making.

Schwabe was not at liberty to say whether or not any of the major credit rating agencies are involved in SAPC, but did say that a key conclusion from an earlier NREL paper that led to its formation was that “standardization was needed for securitization and those stakeholders felt it was necessary.”
Solution 3: Securitization

Securitization is the process by which a pool of assets is bundled, graded, sliced and diced, and sold into capital markets. It’s the same process that brought the world the dreaded mortgage-backed securities. But the underlying assets in cleantech are quite different, and far less risky.

Securities in the cleantech sector rely on cash flows generated by stable things: solar equipment sits in the sun, insulation sits in buildings, and wind turbines stand and spin. As long as the gear has been properly evaluated and graded — which is part of what SAPC and TruSolar are doing — and properly maintained, then the only real risk to continued production of cash flow is weather. Fortunately, on an annual basis, insolation (the amount of light falling on a given location), wind, and temperature are quite predictable and have very long historical data records. Averaged over a period of decades, they will not deviate enough from historical averages to constitute a significant financial risk. So the actual risk of non-performance in solar- or wind- or efficiency-backed securities is far lower than the risk of a homeowner who got a “liar’s loan,” lost his job, and then couldn’t pay his mortgage.

Several new approaches to securitization in cleantech are now coming into existence.

NREL, as part of its suite of initiatives, is developing a “mock portfolio” comprising a pool of solar park assets, both commercial and residential, and testing how it might perform as a securitized investment.

SolarCity, one of the largest third-party solar leasing companies, announced this week that it will begin offering $54 million worth of “Solar Asset Backed Notes” to qualified investors. The securities, which will be secured by a pool of the company’s solar systems, leases and PPAs, will pay investors out of the cash flow those assets generate, and free up the company’s capital to invest in new projects.

Jigar Shah, the founder of SunEdison, pioneered the third-party solar leasing model companies like SolarCity and Sunrun have followed. I asked him for his take on securitization.

“The financial innovation that we’re doing now is just an extension of what we started in 2003,” he says. “We popularized it at SunEdison. Securitization is the next step. The first step was to make solar an asset class acceptable to insurance and pension funds. We got Wells Fargo, MetLife, and a few others to give SunEdison $2.3 billion in commercial paper, and something on the order of $1 billion in residential paper. Now we have the right to pursue securitization. But it only happens because the banks believe there’s a multi-billion-dollar market. Until then, the ratings agencies like S&P are not able to participate.”

Although SolarCity’s $54 million offering is tiny in the world of commercial securities, Shah sees it as significant because the company has obtained, for the first time, an investment-grade rating for commercial solar securities. Within five years, he expects the sector to be well into the billions of dollars.

In a detailed Oct. 21 essay about solar securitization for Power Intelligence, energy finance attorneys Elias Hinckley and David John Frenkil wrote that solar asset-backed securities “will enable the solar industry to access a much larger and more diverse investor base, which will eventually help to reduce the long-term cost of capital to a likely range of 3 percent to 7 percent, compared with the 8 percent to 20 percent rate required by some project finance equity and tax equity investors in the current market.”

Securitization is also coming to the building efficiency sector. Massachusetts-based insurance company Energi Insurance Services has extended its risk evaluation services for renewables to the energy-efficiency sector, including energy-savings warranties, electricity-generation performance warranties and equipment warranties. It also backstops performance guarantees offered by energy-efficiency contractors through product underwritten by the International Insurance Company of Hannover. Last month, Energi started working with NREL to analyze and quantify risk for small building energy-efficiency retrofits, giving lenders a tool they can use to rate energy-efficiency loans. Ultimately, the methodology could give rise to efficiency-backed securities, which will deliver cash flows to investors much as securitized solar projects do.
Solution 4: Crowdfunding

Oakland, Calif.-based Mosaic also offers solar asset-backed securities. Instead of being based on a pool of assets, they are issued for specific solar projects. Each note issued by the company corresponds to a certain solar installation, and the payment on those notes derives directly from the cash flow generated by the loan obligation attached to that installation.

After less than a year in business, Mosaic has more than 2,500 investors from nearly every state, who have invested as little as $25 for shares in 19 solar projects with a combined $5.7 million in asset value. Investors typically receive 4 percent to 7 percent returns annually, depending on the project. The company boasts 100 percent on-time payments with zero defaults thus far.

Speaking at the VERGE San Francisco conference last month, Mosaic CEO Billy Parish said interest is brisk in his company’s offerings. Investors are disillusioned with conventional financial markets, he says, and increasingly feel that the stock market is rigged against them. With tens of millions of dollars worth of new solar projects in the Mosaic pipeline, he is confident investors will continue to find the low risk and modest return of the notes attractive. “The transition from fossil fuels to renewables is the biggest opportunity for wealth generation this century,” he declares.

Another Mosaic innovation could open up a torrent of new capital: a security that will be eligible for purchase through IRA accounts. There is $17 trillion sitting in IRAs in the United States alone, according to Parish.

A related recent development in financial innovation will give more investors access to the cleantech sector. The JOBS Act, which President Obama signed into law in April, created a new playing field for crowdfunding that makes it easier for individuals who don’t qualify as high net worth “accredited investors” to invest small amounts in small businesses and startups which, in turn, weren’t qualified to offer public securities.

Earlier this week, the Securities and Exchange Commission finally proposed rules defining the new terms. Investors with less than $100,000 in annual income and net worth will be able to invest up to $2,000 a year, or 5 percent of annual income or net worth, whichever is greater. Those criteria are considerably looser than the ones Mosaic has operated under thus far, so it will open a much larger pool of potential investors in renewable-energy- and efficiency-backed securities.

“We’re glad to see financial innovation occurring in the renewable energy sector, including through use of securitized investments,” Parish told me.

And that’s not all. A multi-billion-dollar market in global finance for renewable energy and efficiency is now giving very large investors, like sovereign wealth funds and pension funds, easy access to these new securities. Stay tuned to this space for more on that exciting new sector.

Photo: William Kamkwamba’s old windmill, Malawi (whiteafrican/Flickr)


Thanks GO. I agree financing is definitely part of the big picture for renewables.

Mosaic is doing a great job but now that California has made a pact with B.C., Canada and some other Northwest States to price carbon, the renewable energy projects, most of which have large depreciation time horizons which do justify long term financing, as your article pointed out, will hopefully get easier financing for the large up front costs.

There are some states that are quite friendly to sustainable business ventures in renewable energy. Here's a snippet of a document written for the hypothetical venture capital investor with x amount of money for y type of renewable energy investment.

Article from July 2013: “The Most Solar-Friendly States in the US”:


Vermont won recognition in 2011 for its groundbreaking streamlined solar permitting rules, emphasizing residential and small solar installations, which it expanded in 2012. (The state’s solar “registration” process, rather than “permitting,” is described in an interview with AllEarth Renewables’ David Blittersdorf.)

Interestingly, Vermont is also at the forefront of the net metering debate. A report earlier this year found that solar net metering is a net-positive for the state, even with a state incentive factored in, and not including any tangential economic multipliers. Similar reports, and conclusions, have been published for California, New York, and Texas.

Unlike the other top 12 states, Vermont does not have a formal RPS policy; rather it has “goals” of 20 percent of electricity retail sales from renewable energy and combined heat/power by 2017 as part of a Sustainably Priced Energy Enterprise Development (SPEED) program. Beyond that, the state has targets for each providers’ annual electricity of 55 percent of retail sales in 2017, increasing 4 percent a year until reaching 75 percent by 2032.

Rank ‘Em: The Most Solar-Friendly States in the US

Vermont Has excellent Solar investment incentives.

Quantifying State-Policy Incentives for the Renewable Energy Investor

Quantifying State-Policy Incentives for the Renewable Energy Investor

I wish the Federal Reserve would jump in and assign the SAME level of interest rates for Renewable Energy add-ons to homes and businesses as for housing construction and re-finance. That would be ROCKET FUEL for getting people quickly off of fossil fuel heat and electricity in their homes. The job spurt alone would be enough to goose our economy if the Wall Street crooks would stop trying to get a war going someplace and instead get some renewable energy cheap financing going here.

Renewable energy is the quintessential  wise investment because of the excellent EROEI. I read recently that Solartech or SolarCity (not sure which) is securitizing chunks of PV power purchase agreements (PPA).These are basically 25 to 30 year bonds that facilitate financing so I am certain some money people are getting on the band wagon. If you could find out who they are and report on it, I would be grateful.   

By the way, I'm making up for lack of certain emoticon buttons by putting images in the gallery of emoticons you can link to. You may have to size them but once you've got the right width and height, it's a cinch.

The above green smiley is set like this (without the brackets so you see the script):
 img width=30 height=40]http://www.createaforum.com/gallery/renewablerevolution/3-141113185047.png[/img


[0] Message Index

[#] Next page

+-Recent Topics

Future Earth by AGelbert
March 30, 2022, 12:39:42 pm

Key Historical Events ...THAT YOU MAY HAVE NEVER HEARD OF by AGelbert
March 29, 2022, 08:20:56 pm

The Big Picture of Renewable Energy Growth by AGelbert
March 28, 2022, 01:12:42 pm

Electric Vehicles by AGelbert
March 27, 2022, 02:27:28 pm

Heat Pumps by AGelbert
March 26, 2022, 03:54:43 pm

Defending Wildlife by AGelbert
March 25, 2022, 02:04:23 pm

The Koch Brothers Exposed! by AGelbert
March 25, 2022, 01:26:11 pm

Corruption in Government by AGelbert
March 25, 2022, 12:46:08 pm

Books and Audio Books that may interest you 🧐 by AGelbert
March 24, 2022, 04:28:56 pm

COVID-19 🏴☠️ Pandemic by AGelbert
March 23, 2022, 12:14:36 pm

Go to full version