As we watch Europe’s financial system teeter on the brink, many are preparing for the US’s own unwelcomed, but necessary austerity effort. Yet with yesterday’s deadlock by the Super Committee, we’re all left wondering if our elected leaders have been watching too much ESPN, detailing the NBA’s own failure to come to an agreement, after over two years of negotiations.
Topics: Federal Grants, DOE Loan Guarantee, Clean Energy grants, Investment Tax Credit
Today I’m attending the 27th annual NAESCO conference in Phoenix, AZ, a conference that serves as an annual checkpoint for the ESCO industry.
Topics: Energy Efficiency, Solar PV, Energy Efficiency and Conservation Block Grant pro, ESCO, performance contracting, Investment Tax Credit
During our 2010 business planning we’ve been speculating on trends that may affect our corporate customers (positively or negatively) in the coming 12 months. In 2009 Groom Energy delivered projects in 25 states and Puerto Rico. What’s stunning is how much time we spent confirming the incentives available in these states, through utilities, regional ISO’s and Clean Energy trusts. 2010 promises to introduce even great complexity to this already challenging game – in this regard here are four areas we think are worth watching:
Topics: Energy Efficiency, Solar PV, carbon tax, Copenhagen, energy efficiency trends for 2010, cap and trade, 2010 Cleantech trends, Cap N Trade, Investment Tax Credit
In my former life as a early stage venture capitalist I learned a traditional VC bias against investing in start ups where government subsidies were necessary to make the technology’s economic case work. Year’s later I’m scratching my head at how the VC market has thrown out this bias in cleantech investing, an example being their heavy investment in solar PV technology.
Topics: utility rebates, Rebates, Solar PV, Federal Grants, federal grant, incentives, Clean Energy grants, Investment Tax Credit
When considering a new roof-mounted commercial solar project our engineers need to quickly address key financial questions such as “in which state is your facility? (ie. is there a strong state rebate) and “will you be buying or financing it?” (ie. solar PV still sits outside normal corporate ROI hurdles). If both these answers are affirmative the next question we focus on is the age and type of the existing roof.
Topics: Solar PV, solyndra, commercial solar pv, commercial solar thermal, Investment Tax Credit, Solar Thermal DHW, Renewable Energy
