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Buffett-First Solar Deal Extremely Bullish For Solar Sector

Nellis Solar Power Plant in the US. Source: Wikimedia Commons The Solar Industry this week received significant support in the purchase by Warren Buffett-controlled MidAmerican Energy Holdings of First Solar’s (FSLR) $2bn Topaz Solar Farm in San Luis Obispo County, California. This is a significant show of confidence in the industry from Mr Buffett. Of [...]

Clean Energy interviews British Solar King Jeremy Leggett

Jeremy Leggett’s SolarCentury is creating the world’s largest solar bridge in London Source: SolarCentury Discussion of whether demand for solar will hold up have been very topical recently.  There’s clear evidence of strong growth in demand in the US. We’ve also pointed out that demand remains bright in Asia.  However, the outlook in Europe remains [...]

US Solar: Blistering Demand v Expiry of 1603 Treasury Program

Despite the Solyndra affair and its aftermath in the political arena, the solar industry in the US continues to see a blistering rate of growth. At the same time, the end of year expiration of the 1603 Treasury Grant Program could have a negative affect on the financing environment for all renewables – including solar. [...]

Decent Payroll Clears Way For Christmas Rally on Better European News

Employment Situation Released on 12/2/2011 8:30:00 AM For Nov, 2011 Prior Prior Revised Consensus Consensus Range Actual Nonfarm Payrolls – M/M change 80,000  100,000  131,000  90,000  to 175,000  120,000  Unemployment Rate – Level 9.0 % 9.0 % 9.0 % to 9.1 % 8.6 % Average Hourly Earnings – M/M change 0.2 % 0.3 % 0.2 % 0.1 % to 0.2 % -0.1 % Av Workweek – All Employees 34.3 hrs 34.3 hrs 34.3 hrs to 34.4 hrs 34.3 hrs [...]

SolarCity Shows Private Sector Can Respond To Funding Gap Left By DOE

Solar City has today announced that it has obtained private sector financing for its SolarStrong Project to put solar on the rooftops of 120,000 military homes across the US over a five year period. Bank of America (BAC) has now agreed to provide the finance, though the project has been slightly downsized from it original target of 160,000 [...]