Why are Solar Energy Projects a SAFE Investment?

       If you are a new investor or you simply are looking around for markets that would be safe to invest in, your choice would most likely be solar energy projects. Why? Well, one reason is because the sun will continue to shine: it currently shines enough rays on the U.S. every day to more than power us for 10 years. 

     Also, solar technology has been a proven and reliable technology. Some solar systems that were installed in the 1970's have lasted far beyond their warranties and are still producing. While it is not a new invented technology, there are improvements recently, which have helped make new systems more reliable. 

      If you are concerned about the quality and efficiency of the solar panel systems, it is most likely that the manufacturers will typically offer 25-year warranties for the equipment, minimum protection guarantees, and insurance to protect against events such as fires or hurricanes. Leading businesses and research groups like DuPont, Standard and Poors, and the Rocky Mountain Institute recently had founded the industry consortium TruSolar. Their goal ultimately is to standardize the risk evaluation process for solar energy projects.

    Investing in solar energy projects are not equivalent to investing in a company's stock. While investing in a business comes risks of the company failing; investing in solar energy projects, on the other hand, would be considered a tangible asset. It's an asset that depends on a proven technology using the rays that we know will keep shining upon it. This means the asset is likely to produce revenue immediately and to keep producing it. 

       Last but not least, solar energy projects, in essence, saves money. With the price of solar energy continuing to fall and costs of fossil fuel is rising, solar energy is poised to become a better investment in the long run. It already has outperformed the S&P 500 in 13 states, and major investors are taking note. 

New Jersey Approves $446 Million Solar Investment

        New Jersey state regulators had approved a proposal brought up by the utility company, Public Service Electric & Gas (PSE&G), which the plan triggered permission granted to go ahead on two projects increasing the involvement and usage of solar power. The two projects will both be financed by an incremental increase in customers' utility bills.
         According to Associated Press reports, the first project consists of offering nearly $200 million in loans to commercial and residential areas to install solar power systems in their buildings. The second project will help finance an extension of the utility's Solar4All program through 2016 that helps to develop solar installations primarily on unused landfills and former industrial sites, known as brownfields.
          However, the state-appointed advocate for utility customers has criticized the landfill decision as creating an unfair market advantage for PSE&G since the company is expected to recover its costs through rate increases. In return, New Jersey had, instead, approved the proposal under the conditions that adjustments be made in PSE&G's utility rates such as reducing greenhouse gas emissions, raising electric bills for residential customers by $11.45 a year and costs to the same gas customers by $2.18 annually.

U.S. Supports Costa Rica in Clean Energy Initiatives

U.S. ambassador Anne S. Andrew joins representatives from each of the winning projects of the Clean Energy Regional Contest. Winners were announced at the University of Costa Rica Planetarium in San Pedro, east of San Jose, on Thursday

     On Thursday, U.S. ambassador Anne S. Andrew along with University of Costa Rica Vice Rector Carlos Raya had presented awards for Costa Rican initiatives to develop renewable energy and other environmental themes. Announced last year by the U.S. State Department and financed by the Energy and Climate Partnership of the Americas (ECPA), 20 projects had entered the Clean Energy Regional Contest.
     At the University of Costa Rica Planetarium in San Pedro, east of San Jose, 5 winners had been announced. The following winners include: University of Costa Rica, with a project that will introduce the use of alternative energy including solar, wind and biomass in the coffee industry in Central America; Academia de Profesionales Solares de las Americas, which will train professional individuals on how to use solar energy in their businesses; Purdue University, with a plan to promote the use of solar energy in the Caribbean; SNV, a non-governmental organization that will introduce the use of biogas in livestock and coffee industries; and Yo Emprendedor, an association that motivates entrepreneurship with a project that will help a new generation of business owners develop green companies. These following winning projects will each receive a grant up to a total of $210,000.
      "Our countries (the U.S. and Costa Rica) are taking steps to reduce our dependence on hydrocarbons and to promote clean-energy technologies and policies as well as energy efficiency in all sectors," Andrew said. The U.S. State Department had also donated $1 million from ECPA to Michigan State University, which is currently working with University of Costa Rica, to develop solar bio-energy from waste products.

The World's First Solar-Powered Helicopter Takes Flight

      As projects like the Solar Impulse and NASA's Helios wing has been recently developed, the idea of propelling aircraft using solar power isn't as fanciful or impossible to accomplish as it seemed before, even if they are still in experimental stages. Before long, we'll surely be able to see solar power used to aid traditional airplanes, even if it is not accompanied by main fuel.
     To show what is possible, a team of master students from the United Kingdom have built what they believe to be called the world's first "solar-copter," a quadrotor that flies solely on solar power. At the moment, it is capable only of short flights but the team had claimed that it should fly longer soon, once they enabled it to have a storage system as well.

     "The Solar-copter is a quadrotor design that incorporates a solar panel providing the power for the propulsion system," the six students had commented. "It is controlled in the same way as a standard battery-powered quadrotor. Optimum thrust-to-weight ratio was mainly achieved through an efficient propulsion system, unique frame design and an optimized solar panel."

     Future versions may be useful in activities such as surveillance, search and rescue, and tracking animal migrations, perhaps in Africa, Australia, Middle East, and Southern Europe, where there is more sun than in England. Its technology could also help increase the range of conventional choppers, and perhaps give other solar aircraft, such as the Solar Impulse, better maneuverability and control.

Closer Details of Mosaic's Crowdfunding Projects

       Mosaic, a solar crowdfunding service, had announced on Monday that it had received permission from California securities regulators to offer $100 million in new investment opportunities in the state. Therefore, on Tuesday, the first of the projects Mosaic had to offer, which was a 114-kilowatt array on the roof of the Ronald McDonald House in San Diego, was quickly fully subscribed. It only took Californians simply 6 hours to invest $157,750 in the project, which happened to offer a 4.5% annual return.

2012 Mosaic-financed project in Oakland

"The future is distributed clean energy, funded by the people. These are investments in infrastructure and they offer competitive returns," Mosaic President and Founder Billy Parish said. "More projects will be coming online soon."
        The public is already prepared for such projects to be offered for Mosaic had originally launched in January with four projects totaling to an amount of $313,000 and had sold out in less than 24 hours. More than 400 investors had invested between the amounts of $25 and $30,000, with the average investment being approximately $700.
        Solar financing in the United States is said to be held mainly in the province of Wall Street, with the likes of big corporations as Citi, Credit Suisse and U.S. Bancorp reaping the returns from the steadily growing industry. By Mosaic existing, it is trying to overturn the way things are (especially the way solar financing is done) at a very small scale to start.
        However, questions are arising as to whether crowdfunding solar might put inexperienced investors at risk. A recent analysis by Rocky Mountain Institute consultant Jessie Morris largely put those fears to rest, while recognizing that returns never came without risks. Not only this but Mosaic has moved to backing up its claim to offer "high-quality projects" by backing truSolar, an effort to develop standards for rating solar projects by risk. Founding members of truSolar include Mosaic, DuPont, PricewaterhouseCoopers, the Rocky Mountain Institute, Booz Allen Hamilton, the National Renewable Energy Laboratory and Assurant.

Solar Panels installed in Huntsville, Alabama!

           Solar panel projects are being installed in Huntsville's South Memorial Parkway, Alabama by Southern Solar Systems, a Huntsville-based company specialized in installing photovoltaic solar panels. Not only are solar panels being installed in South Memorial Parkway, but it is claimed to also be installed on the lands that borders the northbound lanes between Charlotte Drive and Bryd Spring Road. According to Chris Shearburn, vice president of Southern Solar Systems, the solar panels should be operational by the following week.
            Southern Solar Systems also reports that they are installing solar panels for the landowner, who will be selling back its power generation back to Tennessee Valley Authority as part of its program, Green Power Providers program. This program helps offer consumers, businesses, and industries across the Tennessee Valley the option to build renewable generation with a maximum project size of less than 50 kilowatts in size.
             Shearburn had noted that the solar panels will be producing about 70,000 kilowatt hours of power a year, which helps the landowner save a revenue of about $1,500 per month. The solar panels are positioned southward and helps them pull in the most sunlight. Shearburn also comments that "in the last year or year and a half, the prices have dropped for solar panels, so the cost of building these (solar panels) is going down."

One of the solar panels on South Memorial Parkway, between Byrd Spring Road and Charlotte Drive

Japan Proposes to cut Solar Power Price

         Recently, it has been discovered that Japan has submitted a proposal to cut solar power prices by 10%, leaving, in its midst, a place for incentives to trigger increasing amounts of solar power installations. Researchers have observed that the prices for solar power would be assumed to be cut in the beginning of April this year while payment for the wind energy sector prices remain unchanged. However, of course, the Japanese government has to consent to the proposal before solar power prices can be enforced and utilized.
         In the previous year, Japan has invested on non-residential solar projects totaling the estimate value to be 222 billion yen, or in other words, $2.3 billion, adding 580 megawatts of solar power capacity. This year, however, the country is claimed to have spent 438 billion yen for 1,460 megawatts.
          Hisao Kayaoka, secretary general of the Japan Photovoltaic Energy Association, has claimed that the proposal may not change circumstances for the solar market is expanding but, the proposal will provide continual growth in the market. The association member companies consists of the following companies: SunTech Power Holdings (STP) Company, Kyocera Corporation, Solar Frontier K.K. and Sharp Corporation. These companies help make solar panels while another member of the association, Kansai Electric Power Company, is responsible for power utility. The proposed incentives actually aid companies, such as Kyocera Corporation, in giving them opportunity to construct solar stations while also encouraging Softbank Corporation, a mobile-phone provider, to develop solar power plants.

Shirashi Daiichi Elementary School received a grant of up to 30 million Japanese yen ($369,000) to purchase and install solar power equipment. In this photo featured above, it is shown that the pupils are touching the solar power generator installed.