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economic recovery act of 2009 helps you buy solar

The American Recovery and Reinvestment Act of 2009 passed earlier this year resulted in historic events for the solar power industry. But I noticed that many people out there are still not aware of the benefits. Today I want to highlight the key benefits this legislation has brought to people and organizations who choose to invest in solar panels. tax paying corporations now qualify for a 30% federal tax grant in lieu of a tax credit. A “tax grant” works similar to a rebate in which the U.S. Treasury Department will send a corporation 30% cash payment based off the final cost of the system. This is a limited time offer, only solar electric systems which commence installation before the end of 2010 will qualify. 50% bonus depreciation has been extended for corporations who install solar panels by the end of 2009 $2,000 tax credit cap has been eliminated for solar hot water systems, now solar thermal panels can qualify for the full 30% tax credit. There are many more provisions in the law that helps develop renewable energy technology, SEIA (solar energy industry association) has put together an executive summary that’s really helpful, check it out...

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phoenix testing green street lighting

Phoenix has recently created it’s first “green light district” in downtown, the city is testing new high efficiency LED streetlights that use fraction of the energy compared to standard incandescent streetlights. Streetlights are a major drain to our nation’s electric grid by replacing old lighting technology with state of the art LED streetlights, cities can reduce their energy bills and their carbon footprint at the same time. The pilot program put together by the city of Phoenix is testing different brands of LED streetlights along North Third St between Garfield and McKinley. The goal of the test is to determine the highest quality LED streetlights on the market to eventually convert the entire city of LED street lighting. LED streetlights can make a big difference, wouldn’t you...

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Suntech to lead solar panel production

Suntech is a Chinese based solar panel producer that is now on track this year to overtake Q-Cells as top solar panel manufacturer in the world. Recently prices for solar panels have been dropping since there is an overcapacity in the supply of solar panels. It’s a buyers market solar panels because companies like Suntech are keeping the industry well stocked, therefore giving buyers leverage of price. A couple years ago demand was exceeding the supply of solar panels which is never good for the buyer. The solar panel in the picture above is the Suntech “Black Label” which is a low profile 175 watt solar panel that appeals to buyers who are seeking improved aesthetics. Suntech has an extensive product mix including standard crystalline solar panels and even Building Integrated Photovoltaics (BIPV) such as solar shingles and windows that can produce...

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bob villa learns about photovoltaics

I found this video of Bob Villa learning about how solar power works and since many of you out there on there on the Internet are looking for a simple way to under stand how a solar electric system works, this is a simple to understand video of how you can offset your electric bills with solar power. The payback on solar electric systems are becoming more attractive to homeowners since rebates and tax credits are available combined with the falling prices of solar panels while electric rates on continue to inflate. I’m glad Bob Villa made this video since he’s built such a great personal brand in the construction industry, this is the type of coverage that is needed to bring solar panels to every roof across America, what do you...

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solarfun increases solar panel efficiency

SolarFun Power Holding Company is a publicly traded solar panel manufacturer, listed on NASDAQ as ticker symbol SOLF. The company today announced they have increased the efficiency of their solar panels by 5% using their second generation solar cells. The second generation solar cells by SolarFun are called SF2, they’re full monocrystalline squares which take advantage of the entire surface area of their solar panels resulting in a higher power output. The company’s R&D department is dedicated to seek methods for increasing solar cell and panel efficiencies while reducing degradation. What do you think about SolarFun solar...

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apollo solar developing smart grid tie inverter

Apollo Solar has been awarded a contract from the Department of Energy to develop a “smart grid tie solar inverter” The goal of the program is to allow solar photovoltaic systems to be more integrated to smart energy systems for homes and businesses. Compared to a standard grid tie solar inverters the new smart solar grid tie inverter that Apollo Solar is developing today focuses on intelligent system controls which improves the power quality and reliability, increases integration with the existing U.S. electrical grid. The objective of the smart grid tie inverter is to give the solar electric system owner the ability to plan and control the use of power. As the “smart grid” continues to be deployed across the US, it’s about time solar grid tie solar inverter companies have started to think about electrical power more than the contribution from the solar panels. What do you think about “smart grid tie solar inverters” that enable consumers to control their power...

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