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NEW YORKER FEATURES MAKANI POWER: INHERIT THE WIND

Posted by Industry News on May 23, 2013

In its May 20 issue, the New Yorker featured AEE member company and advanced wind turbine startup Makani Power. Tying co-founder and interim CEO Don Montague’s background in kite surfing to Makani Power’s strategy of harvesting high-altitude wind energy, the article features the company’s newest prototype, the Wing 7. Makani Power's technology has taken off (pun intended) in the public eye recently, being featured as well in Discover Magazine and National Geographic.
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TESLA REPAID THE GOVERNMENT-- NINE YEARS AHEAD OF SCHEDULE

Posted by Industry News on May 22, 2013

Tesla Motors announced on Wednesday that the company had paid off the $456 million loan from the Department of Energy nine years ahead of schedule. The loan was awarded in 2010 as part of the Advanced Technology Vehicle Manufacturing Program, which was signed into law under the Bush administration. In their press release, Tesla pointed out that it is the only car company to pay back this loan so far. The press release quotes CEO Elon Musk:
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ADVANCED ENERGY ECONOMY OHIO: RATEPAYERS SAVE ON ADVANCED ENERGY

Posted by Industry News on May 21, 2013

Advanced Energy Economy Ohio, one of AEE's state partners, and Ohio State University released a new study finding that the provisions of a 2008 state energy law have actually saved consumers $170 million. According to the study, the energy efficiency requirement in the law has saved consumers more than any potential higher cost due to the renewable energy provisions. In addition to saving money, the bill also spurred $660 million in investment in the state. The Columbus dispatch reports:
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Topics: United In The News

ADVANCED ENERGY ECONOMY OHIO: RATEPAYERS SAVE ON ADVANCED ENERGY

Posted by Industry News on May 21, 2013

Advanced Energy Economy Ohio, one of AEE's state partners, and Ohio State University released a new study finding that the provisions of a 2008 state energy law have actually saved consumers $170 million. According to the study, the energy efficiency requirement in the law has saved consumers more than any potential higher cost due to the renewable energy provisions. In addition to saving money, the bill also spurred $660 million in investment in the state. The Columbus Dispatch reports:
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Topics: United In The News

SOLARCITY TO INSTALL SOLAR POWER ON HAWAII MILITARY HOUSING

Posted by Industry News on May 20, 2013

SolarCity announced the latest location in its SolarStrong project of installing solar on military housing. Forest City Military Communities and SolarCity have partnered to install solar panels on 6,500 homes in Ohana Military Communities (OMC). OMC houses sailors and marines and their families stationed at Marine Corps Base Hawaii and Navy Region Hawaii. MarketWatch reports:
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KROGER'S WASTE TO ENERGY PROGRAM GENERATES 13 MILLION KILOWATT HOURS PER YEAR

Posted by Industry News on May 17, 2013

Kroger, a grocery chain based in Ohio, has invested in closed-loop anaerobic digesters produced by Boston-based startup Feed Resource Recovery. The anaerobic digesters can turn organic waste, including food waste, into energy. A single unit in a Compton distribution center offsets more than 20% of the facility's annual energy needs and helps it save money-- an estimated $110 million over the course of the project's lifetime. The LA Times reports:
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SUNPOWER: SOLAR WILL BE STANDARD ON NEW HOMES

Posted by Industry News on May 16, 2013

SunPower's Chief Executive Officer, Tom Werner, said his company expects photovoltaic panels will become standard in new home construction. SunPower supplies seven of the top-ten home builders, and has installed solar panels on 10,000 new homes. Incorporating the solar panel systems into the homes during the design phase, rather than having to install the panels post-construction, would reduce costs. Bloomberg reports:
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ILLINOIS RENEWABLE ENERGY FUND FAILS TO FOLLOW THROUGH ON PROMISE OF INVESTMENT

Posted by Industry News on May 15, 2013

In 2008 Illinois passed legislation that requires utilities to buy electricity from renewable sources and pass those costs directly to consumers. Although the original intent was to grow the Illinois advanced energy economy, the result has been a mass defection to other energy suppliers that purchase power on the open market. Overall, more than 60 percent of Illinois electric customers are paying into a renewable energy fund that is sitting stagnant. The Chicago Tribune reports:
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AEE STATEMENT ON POTENTIAL CALIFORNIA PLAN TO BORROW $500 MILLION FROM AB 32 FUND FOR STATE’S GENERAL FUND

Posted by Industry News on May 15, 2013

Sacramento, CA – California Governor Jerry Brown yesterday proposed loaning the entire first year's auction revenues of $500 million from the state’s landmark environmental legislation AB 32 to the state's general fund. 
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Topics: Press Releases

BOSTON GLOBE INTERVIEWS SOLARCITY CEO LYNDON RIVE

Posted by Industry News on May 14, 2013

The Boston Globe // May 14, 2013
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