Topic: Solar Thermal Technology

Solar Thermal Technology Articles

Utility circus graphic

Electricity Evolution: Meet the Ringmasters

When Tesla unveiled the utility-scale Powerpack battery in 2015, analysts and observers excitedly proclaimed the product’s low price point would revolutionize electric grid operations and business models as it set new cost benchmarks for energy storage. But despite the hype, the reception from utilities was tepid at best. This experience is not unique to Tesla. It leads to a big question: What’s stopping utilities from quickly pivoting to new energy technologies? Unlike other industries that can quickly adopt new technology, utilities and their regulators must make more cautious deliberations.

Clean Energy's Role in Recession Recovery

Although clean energy may not take center stage as the star employment generator in the Great Recession recovery, it plays an important supporting role, according to Jim Barrett, chief economist at American Council for an Energy-Efficient Economy. This goes above and beyond the economic benefits of climate protection reported by the United States Environmental Protection Agency.

Clean Energy Trust Works to Replace Venture Capital

Is the sun rising on a new opportunity in Chicago that may fill the venture capital (VC) gap for clean energy startups? On Aug. 1, the United States Department of Energy (DOE) Innovative Pathways Program announced funding for 11 organizations that are advancing emerging technologies and leveraging private capital. Benjamin Gaddy, director of technology development at Clean Energy Trust, spoke with Clean Energy Finance Forum about the award his accelerator has received. He also said his team’s projects are bringing fresh energy to the regional and national market.

United States Enables Residential PACE

Removing federal obstacles to property assessed clean energy (PACE) has been a long-term subject of debate. United States Department of Housing and Urban Development issued a guideline on July 19 enabling residential PACE financing and clarifying the conditions for purchasing or refinancing assessments with Federal Housing Administration loans.

Wells Fargo Funds Minority-Owned Green Businesses in North Carolina

After decades of underinvestment, African-American farmers and small business owners in North Carolina will now receive green enterprise loans from Natural Capital Investment Fund. The award of $1.6 million, announced on May 3, is part of a much larger program by Wells Fargo that seeks to fill part of the huge void in bank financing of minority-owned businesses.

Imagining a Fresh Start for the Power Grid

Imagine you could design the electricity market in one state from scratch. There are no pre-existing programs to satisfy and no political baggage to consider. Your only guideline is to allow the continued growth of solar power and distributed generation. You’re given a blank slate on which to envision a long-term, sustainable energy market. What would it look like?

Why Solar Thermal Technology Lacks Incentives and Financing

Compared to the outpouring of financing for solar photovoltaics, financing for solar thermal technologies has taken a back seat for many years in the United States. The Clean Energy Finance Forum (CEFF) spoke with Everett Barber, a consultant and author who has worked for many decades in the solar thermal industry, about his perspective on this discrepancy.