Solar Cables in India becomes a Big Business with Gigawatt Market
January 9, 2012France tries it hand at saving a Bankrupt Solar Company Photowatt like China and Germany
January 9, 2012Solar Renewable Energy Certificate (SREC) Prices in New Jersey have been falling at a sharp rate from a high of $600 to $225 as high returns from falling solar panel prices and other tax breaks.This has led to a massive growth in solar installations in the state making it the 2nd largest state by solar capacity.New Jersey installations have crossed 500 MW and made it a huge green job driver in the state.However this boom has made the market driven SREC prices fall quite sharply.Though not falling as sharply as Pennsylvania where SREC prices have become a joke ,they are still low and falling.
New Jersey lawmakers are trying to rectify the situation with Assembly Telecommunications and Utilities Committee approving two bills that seek to reverse a recent sharp fall in the value of the tradable Solar Renewable Energy Certificates.This will have the follwing measures like
1) Increase the PPA term to 15 years
2) Make non-utilities buy SRECs
to boost the falling SREC prices.
These measures should boost the solar EPC Companies in USA as well as the domestic solar panel manufacturers.
Solar EPC/Installation Companies
11) Akeena/Westinghouse Solar (WEST) – The first US Solar Installer to list on the US Stock Exchange,the company’s operations are based mainly in California.The company also sells solar sytems through retail outlets which was a first.The company also has a unique solar system which reduces solar installation costs called Mandalay.
12) Real Goods Solar (RSOL)- The second US Solar Installer to list on the Stock exchange,Real Goods Solar is present in California and Colorado and it targets the residential and commercial segments of the market
13) Verengo Solar – The company also provides solar financing solutions and is present in the California market.
14) Borrego Solar – The company is similar to Verengo Solar but mainly concentrates on the commercial market.The company signed a deal with Chinese solar panel producer Yingli for procuring solar panels.The company is headquartered in California like most others.