It's a question we've heard a lot lately: "Who will lend me money to finance solar installations?" In fact, a couple of our readers, Reeves and Byron, were kind enough to send comments on the subject:
"We've heard there are some articles out there showing that if you get the right kind of financing, your solar installation can be cash flow positive right away. Problem is, I can't find those articles."
The US Department of Energy (DOE) issued a Funding Opportunity Announcement (FOA) for up to $6 million over two years (FY09-FY10), subject to annual appropriations, to address wind development technical challenges and market acceptance barriers as outlined in the "20% Wind Energy by 2030" report published in July 2008.
The announcement will address six topic areas: (1) turbine research, development and testing; (2) distributed wind technologies; (3) market acceptance efforts; (4) environmental research and sitting strategies; (5) transmission analysis, planning and assessments; and (6) workforce development.
Demonstration Projects Aim at 15 Percent Reduction of U.S. Peak Load Electricity Demand
Washington, DC- U.S. Department of Energy (DOE) Assistant Secretary for Electricity Delivery and Energy Reliability Kevin Kolevar today announced the Department's plans to invest up to $50 million over five years (Fiscal Years 2008 - 2012), subject to appropriations from Congress, in nine demonstration projects competitively selected to increase efficiency in the nation's electricity grid.