Posts Tagged ‘CALSEIA’

20 December

Need Funding? Stage Is Set For Renewable and Solar Energy Projects!

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Dear Friends, Visitors/Viewers/Readers,

Below is a repost from one of our sister publications, Windermere Sun:

Sun Rays (credit: Windermere Sun-Susan Sun Nunamaker)

December 19, 2011- Kyle Travis, left and Jon Jackson, with Lighthouse Solar, install microcrystalline PV modules on top of Kevin Donovan’s town home. (Photo by Dennis Schroeder)

 

Windermere Blue Sunset (credit: Windermere Sun-Susan Sun Nunamaker)
 

(Please click on red links & note magenta)

The stage is set. The time is ripe. With the cost of both solar and wind having dropped tremendously in the past three years, solar technology having enabled greater efficiency, the incoming Tesla’s Powerwall, Powerpack solving the storage problem,  and  Tesla’s integrated and cost effective solar roof… the inevitable Solar-Renewable Tsunami is knocking on our door. Astute green investors and lenders could all hear the knock and are ready to finance solar energy projects and fund power developments of renewable-sustainable energy resources. In the U.S., a mix of federal production tax credits and individual state renewable portfolio standards (RPS) are definitely pushing the market. To better understand various policies and incentives for renewables and efficiency by states, please click HERE. For example, state of  CA has 187 such policies and incentives whereas state of FL has 77. Of course the incentives of some of the E.U. nations are also fueling the market. But most importantly, it is the simple fact that the cost of solar  have dropped so much that it is now a more secure investment than putting one’s money in the bank (bank has a rate of return of about 0.8%-1.1% without inflation protection whereas investing in solar provides a rate of return ranging from about 3% (in AK without any tax credit or incentive, it is 4.4% with tax credit and incentives) to 24.4% (in HI with tax credit and incentives, location-climate-incentive dependent, and this is with inflation protection).

For a simple Solar Investment Payback Formula:

  • Total System Cost/Value of Electricity Generated/Your Annual Electricity Usage = Payback Time
  •  1/Payback Time = Rate of Return on Investment

This means:

  • a 6 kW grid-tied system that costs about $10,000 (subject to market fluctuation, excluding fees and incentives)
  • The average American household uses 10,932 kWh of electricity per year (source: EIA)
  • They pay an average of $0.12 per kWh for it

Therefore, using American national averages:  $10,000 system price/$0.12 per kWh/10932 kWh per year = 7.62 years = Payback Time

Therefore,  1/Payback Time = 1/7.62 =0.13 1  or 13.1% = Rate of Return on Solar Investment, keep in mind that this is with inflation protection (utility bills are always going up).

At this point, I’d like to share with you all a site that had already done the work for you, state by state, Solar Power Rocks., in figuring out the Investment Return (IRR), with consideration of respective state’s tax credits and incentives.

As a result, there are much opportunities for high yielding rates of return on investment in solar as well as other green renewable sources. In the coming decades, there will be so much transformational developments waiting to be planned out and completed. If you have a project ($multi-million project) in mind, with a plan but insufficient funding, please contact me via: info.WindermereSun@gmail.com so Windermere Sun may be able to introduce you and your plan/project to potential investors/lenders. If you are an angel investor, potential investor or lender for solar projects, please feel free to contact me at: info.WindermereSun@gmail.com so we can spread the sunshine globally while saving our planet earth!

Investment Criteria for Joint Venture Financing: financing for all types of commercial real estate and alternative energy projects. In general, they must meet the following criteria: • The project 5% down or more; • The project must be shovel-ready–defined as ready to break ground in 90 days or less; • The project must be sponsored by an experienced developer with a significant financial stake. • Asset-based loans, including In-Ground Assets; • Corporate expansion loans; • International Funding; and • Hard money loans. Joint Venture Financing Project Types: (NEW DEVELOPMENT ONLY) • Hotel Resorts and Casinos • Assisted Living/Senior Housing • Apartment Buildings/Multifamily Housing • Alternative/Renewable Energy (i.e., solar, wind, hydro, geothermal, etc.) • Green Energy (i.e., biofuel/biodiesel, biomass, waste-to-energy, etc.) • Hospitals and Health Care Facilities • Infrastructure (roads, highways, rail, etc.) • College and University Buildings • Public-Use and Recreational Facilities • Industrial Projects • Other Related Types Locations: USA and International, Joint Venture Financing Terms: • 95% equity financing • Typically three to five year term • Non-recourse financing • No interest payments during term of investment • Minority equity stake in lieu of interest • Take out with permanent financing or sale Time to Closing: 90 to 120 days.

May we all have many many bright and sunny days.

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~have a bright and sunny day~

 

Any comments, suggestions, concerns regarding this post will be welcomed at sunisthefuture@gmail.com

Gathered, written, and posted by sunisthefuture-Susan Sun Nunamaker
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22 July

Exciting Coming Renewable Decade-Opening Ceremony at Intersolar North America 2015

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Dear Friends, Visitors/Viewers/Readers,

(Please click on red links & note magenta)

Allow me to share with you some of the golden nuggets (above) during opening ceremony of Intersolar North America 2015:  It is both heart warming and energizing to hear the opening speech by Prof./Dr. Eicke R. Weber, the Intersolar North America Conference Chairman and Director of Fraunhofer Institute for Solar Energy Systems (ISE) at Intersolar North America 2015, in Intercontinental Hotel.  Prof. Weber’s speech is full of good news. Besides mentioning the necessity of renewable energy source, its cost trending downward toward 2-4 cents per kWh and much more improved energy storages becoming commercially available on the market, Prof. Weber also reminds us that PV is currently at its infancy, equivalent to the automotive sector back in 1920’s, with much exciting growth to come in the coming decade. Chief Technology Officer and Co-Founder of Tesla Motors, J.B. Straubel, further supports this view, adding the synergy between PV, renewables, and cars, and achieving sustainability with transportation. In order to achieve this, it is important not just to make electric vehicles but to make sure that these electric vehicles are linked back to renewable energy sources.There is much similarity between the PV and e-vehicle markets, both have dropped in cost and will eventually be dominating its respective markets (PV in the energy market and e-vehicle in transportation market). It is truly exciting to be at the beginning of the cost-decline curve, for PV to be within grasping distance of the goal of being cheaper than fossil energy. Such a tipping point is anticipated to occur within the coming decade. Yes, sensation of excitement is palpable in the room. I felt as though surrounded by a room full of soldiers, rearing to go.

At this point, I’d like to present two charts: 1. Global Annual PV Market Until 2017 (Sourc: EPIA) 2. Global Revenues of PV Energy Storage, in Billion US$ (Source: IHS Inc.), below:

Global Annual PV Market Between 2013-2017 (Source: EPIA) made available by sunisthefuture.net

Global Revenues for PV Energy Storage (Source: IHS Inc.) chart made available by sunisthefuture.net

Continuing on, the Executive Director of CALSEIA (California Solar Energy Industries Association) Bernadette Del Chiaro, points out that the 3 gigawatts of solar installations within the past 3 months in CA is largely responsible for combating the shortfall of hydroelecric output resulting from CA draught (recall 25% of the CA energy/power comes from hydroelectric power, currently down 25-50% due to CA draught). So, definitely applause is in order for the unsung hero of solar PV!  It is terrific to hear the statistics on “every 3 minutes, some one in CA is going Solar“. Director Del Chiaro also reminded the audience the importance of SAVE The ITC (Investmnet Tax Credit) campaign. Then we come to New York Senator Kevin S. Parker, citing more exponential growth data of solar installations and the New York -Sun Initiative, with ambitious goal of 3 gigawatts of solar installations in the coming decade. He further states that he is looking for opportunities of partnerships with various groups for large scale renewables as the state of New York continues to walk toward the Sun. More on Intersolar North America 2015 and storing the sun, below, with Kilian Reichert:

Also, it is important for the world to learn from CA, to encourage the right kind of policy to be instituted so to encourage the growth of solar and renewable energy. During Intersolar North America 2015, we’d like to share some thoughts from the Champion of Change Award winner, former state assemblywoman Nancy Skinner, who was instrumental in introducing the mandate of 33% of the electricity generated from CA to be coming from renewable sources such as solar. She is in support of policy that would encourage renewable sources for both distributed as well as utility scale generation. Our hats off to Nancy Skinner! I believe such mandate would benefit all states of USA. More, below….


~have a bright and sunny day~
Gathered, written, and posted by sunisthefuture-Susan Sun Nunamaker

Any comments and suggestions are welcomed at sunisthefuture@gmail.com

Please also get into the habit of checking at these sites below for more on solar energy topics:

www.sunisthefuture.net

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www.kiva.org/team/sunisthefuture

www.facebook.com/sunisthefuture

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9 August

InterSolar North America Opening Ceremony

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Dear Friends, Visitors/Viewers/Readers,

(Please click on red links and note magenta)

I really need to share this “Standing Ovation at the InterSolar North America Open Ceremony” with you all, taking place in July of 2014, at Moscone Center of San Francisco, CA.:


 

California Gov. Edmund G. Brown Jr. was met with a standing ovation as he delivered the keynote remarks at Intersolar North America’s Opening Ceremony 2014. Following the Governor’s remarks, San Francisco’s Mayor Edwin M. Lee took the stage. New York State Senator Kevin S. Parker similarly championed local policies that have grown the solar energy industry significantly in New York. Franz Untersteller, minister of the environment, climate protection and the energy sector, Germany, discussed the major policy incentives implemented in Germany that have played a key role boosting the solar industry. Finally, CALSEIA’s executive director Bernadette Del Chiaro concluded the session with a discussion of California’s solar policies and an inspirational call to action, asking the audience to help quadruple the solar industry in the next six years.

It is important to point out/remind ourselves that:

1. There is much more solar that needs to be installed in the decades to come!

2. There is much more needing to be done. We’ve not yet met the turning point to Sustainability.

3.  The cost of PV modules has dropped 80% in the last five years.

4.  Solar Industry employs more than 142,000 people in USA (more than 50,000 in CA).

5.  We can look to and utilize much of the lessons learned from Germany.

6.  Solar is desperately NEEDED now, especially in light of climate change.

7.  16.5% of the electricity supply of CA on any given day is from Solar (without including the 2 GW on rooftops).

8.  CA Solar Industry now employs more people than the three investor-owned utility companies combined.

So, let those of us in the rest of the 49 states also align ourselves with this tremendous task of transitioning into the Renewable/Solar Energy Future!

~have a bright and sunny day~

Gathered, written, and posted by sunisthefuture-Susan Sun Nunamaker

Any of your questions/comments/suggestions will be welcomed at sunisthefuture@gmail.com

Please also get into the habit of checking at these sites below for more on solar energy topics:

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