CGEB: Arctic Seed vault – 1 million strong, wind turbine stress test, more
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CGEB: Arctic Seed vault – 1 million strong, wind turbine stress test, more

Arctic stronghold of world's seeds reaches one million mark - The number of donations amounts to 1,059,646. This number excludes one emergency withdrawal of about 90,000 seeds needed to make up for precious samples stranded in Syria due to the conflict there - plus this: Norway to spend $13 million to upgrade 'doomsday' Arctic seed vault -The revamp would cover “construction of a new, concrete-built access tunnel, as well as a service building to house emergency power and refrigerating units and other electrical equipment that emits heat through the tunnel,” the Agriculture Ministry said in a statement. A few things to…
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Recapture Rapture: Can Revised Tax Credit Policies Attract More Capital to Solar? Michael Mendelsohn’s picture

For developers trying to monetize the federal tax benefits for a given project, finding a tax equity partner can be a lonely process. Tax equity investors consist of a limited pool of suitors—investment bankers and a few other firms—who can tolerate the array of risks associated with this type of investment, including: Current and future tax liability (that enables use of a project's tax credits), The creditworthiness of the power purchaser A shifting tax policy environment [1]. Investors also tend to be put off by IRS rules that limit the resale of solar assets. Investors claiming the investment tax credit…
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Tax credits, reduced costs make solar power shine in Florida
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Tax credits, reduced costs make solar power shine in Florida

Fields and rooftops filled with reflective slabs soaking in the power of the sun and converting it to energy appear to be all the rage this year with utilities and businesses throughout Tampa Bay. Company officials say they’re adding solar arrays because they want to be a good environmental partner, but building them now, by most accounts, just makes financial sense. [adinserter block="1"] Several factors play into the trend that has rooftops and parking lots glistening with mirrored panels at Tampa International Airport, Great Bay Distributors in St. Petersburg, Lockheed Martin in Oldsmar and other local sites. The growing trend…
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Nuclear plant in UK will require more than twice the subsidies as solar
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Nuclear plant in UK will require more than twice the subsidies as solar

PV and storage could provide as much electricity as a proposed nuclear plant in the UK at half the subsidy cost, according to new analysis timed to coincide with expected news of a nuclear agreement between Britain and China this week. Chinese premier Xi Jinping is in the UK this week on a state visit and is widely expected to meet with prime minister David Cameron today to discuss various trade deals, one of which is China’s investment in the proposed Hinkley Point C nuclear reactor. [adinserter block="1"] The project has been widely criticised as too expensive and not offering of…
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Renewables brought UK wholesale cost of electricity down by GBP 1.55bn in 2014
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Renewables brought UK wholesale cost of electricity down by GBP 1.55bn in 2014

Report by independent energy company Good Energy, backed by University of Sheffield, finds the impact of subsidies on U.K. bill payers has been lessened by renewable energy, which has served to lower wholesale electricity costs. The increased role of wind and solar power in the U.K. energy mix has served to lower wholesale electricity prices by more than the overall net cost of subsidizing clean energy, a new report by independent energy company Good Energy has found. According to the Good Energy report, which has been rubber-stamped by experts at the University of Sheffield, the wholesale cost of electricity in…
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How Solar+Battery Systems Insulate Customers from Rising Retail Electricity Prices
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How Solar+Battery Systems Insulate Customers from Rising Retail Electricity Prices

In the face of rising retail prices for grid electricity, investing in solar-plus-battery systems can insulate grid-connected customers from those increasing prices and effectively lock in a peak price that won't continue to climb, according to a recent analysis by RMI. The result for customers across diverse geographies will be substantial savings relative to what they would have paid for a full-fare utility bill. For utilities and regulators this will be challenging—and present an opportunity. RMI’s April 2015 report The Economics of Load Defection analyzed five U.S. markets out to 2050. It found that investing in combinations of solar and batteries will enable individual…
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How do SRECS Work?
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How do SRECS Work?

In Massachusetts, New Jersey, Pennsylvania and most of the east-coast and Mid-Atlantic solar markets, the main incentives driving the solar market are SRECs, which stands for Solar Renewable Energy Credits. If you’re looking to get into the industry or expand your current business, you need to know how they work, how to communicate their use to customers and where you can find more information if you really want to dig deep. We’ve had a lot of people asking about them, and though the large developers have them figured out, we want to make sure the small guys are getting in…
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