NewEnergyNews: QUICK NEWS, Oct. 21: SOLARCITY TO CROWDFUND WITH $1,000 BONDS; NEW JERSEY LOOKS AT OCEAN WIND; SMART LED LIGHTING MRKT TO DOUBLE/

NewEnergyNews

Gleanings from the web and the world, condensed for convenience, illustrated for enlightenment, arranged for impact...

The challenge now: To make every day Earth Day.

YESTERDAY

THINGS-TO-THINK-ABOUT WEDNESDAY, August 23:

  • TTTA Wednesday-ORIGINAL REPORTING: The IRA And The New Energy Boom
  • TTTA Wednesday-ORIGINAL REPORTING: The IRA And the EV Revolution
  • THE DAY BEFORE

  • Weekend Video: Coming Ocean Current Collapse Could Up Climate Crisis
  • Weekend Video: Impacts Of The Atlantic Meridional Overturning Current Collapse
  • Weekend Video: More Facts On The AMOC
  • THE DAY BEFORE THE DAY BEFORE

    WEEKEND VIDEOS, July 15-16:

  • Weekend Video: The Truth About China And The Climate Crisis
  • Weekend Video: Florida Insurance At The Climate Crisis Storm’s Eye
  • Weekend Video: The 9-1-1 On Rooftop Solar
  • THE DAY BEFORE THAT

    WEEKEND VIDEOS, July 8-9:

  • Weekend Video: Bill Nye Science Guy On The Climate Crisis
  • Weekend Video: The Changes Causing The Crisis
  • Weekend Video: A “Massive Global Solar Boom” Now
  • THE LAST DAY UP HERE

    WEEKEND VIDEOS, July 1-2:

  • The Global New Energy Boom Accelerates
  • Ukraine Faces The Climate Crisis While Fighting To Survive
  • Texas Heat And Politics Of Denial
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    Founding Editor Herman K. Trabish

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    WEEKEND VIDEOS, June 17-18

  • Fixing The Power System
  • The Energy Storage Solution
  • New Energy Equity With Community Solar
  • Weekend Video: The Way Wind Can Help Win Wars
  • Weekend Video: New Support For Hydropower
  • Some details about NewEnergyNews and the man behind the curtain: Herman K. Trabish, Agua Dulce, CA., Doctor with my hands, Writer with my head, Student of New Energy and Human Experience with my heart

    email: herman@NewEnergyNews.net

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      A tip of the NewEnergyNews cap to Phillip Garcia for crucial assistance in the design implementation of this site. Thanks, Phillip.

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    Pay a visit to the HARRY BOYKOFF page at Basketball Reference, sponsored by NewEnergyNews and Oil In Their Blood.

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  • WEEKEND VIDEOS, August 24-26:
  • Happy One-Year Birthday, Inflation Reduction Act
  • The Virtual Power Plant Boom, Part 1
  • The Virtual Power Plant Boom, Part 2

    Tuesday, October 21, 2014

    QUICK NEWS, Oct. 21: SOLARCITY TO CROWDFUND WITH $1,000 BONDS; NEW JERSEY LOOKS AT OCEAN WIND; SMART LED LIGHTING MRKT TO DOUBLE

    SOLARCITY TO CROWDFUND WITH $1,000 BONDS SolarCity Offers Bonds Online to Ordinary Investors

    Diane Cardwell, October 15, 2014 (NY Times)

    “SolarCity, the country’s leading installer of rooftop solar systems, began selling bonds online to ordinary investors…joining a handful of companies that are using crowdfunding to finance solar development…The company will issue up to $200 million in the bonds, whose maturities range from one to seven years and carry interest rates of 2 percent to 4 percent…The company has moved aggressively to raise money to finance its fast-growing business, including several debt offerings for institutional investors, like one begun last month to raise as much as $575 million. But this new effort is open to any United States citizen, 18 or older, with a domestic bank account who makes a minimum investment of $1,000…Several companies, like Mosiac, are already using crowdfunding to funnel money into solar projects. But those largely pool money from investors to provide loans for small- and medium-scale projects. SolarCity’s platform will instead pay back the bonds it issues with the income from the monthly solar electricity payments made by its customers, which include homeowners, schools, businesses and government organizations…[T]hey hope to appeal to people who want to help finance the growth of clean energy but desire the security of bonds…” click here for more

    NEW JERSEY LOOKS AT OCEAN WIND Measure Ratchets Up Targets For Nj’s Offshore-Wind Industry; Backers say bill, which calls for 4,500 megawatts by 2050, isn’t meant for the Christie administration but for one friendlier to renewable subsidies

    Tom Johnson, October 15, 2014

    “…A bill (S-2444) being considered by the [New Jersey] Senate Environment and Energy Committee would require 3,000 megawatts of generation from offshore wind projects by 2030 and 4,500 megawatts by 2050 be delivered to customers. That is far more than the 1,100 megawatts that would be required by 2020, a goal few think will ever be met. In fact, the measure eliminates the 1,100-megawatt target…The proposal is part of a bill that would require 80 percent of New Jersey’s electricity to come from renewable energy sources, such as wind and solar, by 2050. But even its advocates acknowledge the legislation stands little chance of being approved anytime soon, although they hope to lay the groundwork for passage in the next administration…Both the Christie administration and the Legislature once viewed offshore wind as an opportunity to develop a new green industry off the coast, a move that would create thousands of well-paying jobs and provide a needed spur to the state’s economy…[but] rising costs of subsidies to support renewable energy have become an increasing concern…[A]dvocates of the bill say opponents’ arguments about the costs fail to reflect the benefits of moving to cleaner ways of producing electricity in a state long-burdened with air pollution problems that affect public health…” click here for more

    SMART LED LIGHTING MRKT TO DOUBLE Residential Energy Efficient Lighting and Lighting Controls; Incandescent, Halogen, Fluorescent, and LED Luminaires and Lamps and Intelligent Controls: Global Market Analysis and Forecasts

    3Q 2014 (Navigant Research)

    “The global residential lighting market is on the verge of a major transformation…Extremely energy efficient light-emitting diode (LED) lamps are being adopted at an astonishing rate while remote control of connected lights is on the cusp of becoming much more commonplace…[and] all-encompassing home energy management (HEM) and home automation…is steadily gathering pace…Increasingly, homeowners are being drawn to the range of new use cases that controllable and networked LEDs bring. The ability of these devices to communicate with other popular connected devices is likely to prove particularly popular…[and bring] about energy savings automatically. According to Navigant Research, global revenue associated with the installation of residential lighting controls is expected to grow from $2.4 billion in 2014 to $4.6 billion in 2023…” click here for more

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