This week in renewable energy: 11/8/13

Every Friday, Community Renewable Energy shares important clean energy developments– and some that are just plain cool.

Here’s what we were reading this week.

Community Empowerment

The business of clean energy

“Renewable energy companies seeking to enter the new territory of offering a security legally may find it easier to raise start up capital or additional capital because they can offer investors a return on investment” such as stock or debt with interest payable, explained Debbie A. Klis, attorney with Ballard Spahr. “It would not be difficult to create a compelling campaign to raise funds for renewable energy products especially if it brings revenue and jobs to areas of the U.S. (and abroad) that it need it the most.”

Global progress

  • After the Fukushima nuclear plant crisis, Japan is aggressively pursuing clean, safe solar power. In fact, this week, they celebrated the opening of the country’s largest-ever solar power plant. (International Business Times)
  • Social entrepreneurs will help improve access to clean energy across the globe. (Forbes)
  • South Africa is moving ahead with a $200 million solar power installation. (Bloomberg)
  • Check out this chart of Africa’s energy needs from the Center for Global Development:

Figure 1

Bright ideas

  • Tuscon schools will install 38,000 solar panels on 43 campuses, which will be owned by a third-party, meaning that the schools will pay for only the electricity. (Arizona Daily Star)
  • The Department of Energy walks us through concentrating solar power. (Earth Techling)
  • Women may be the key to the solar revolution. From the PV Solar Report article:

Women control 80% of household spending. And women spend a lot of time on the Internet. But many women feel misunderstood by marketers. To gain insights on how to market solar to the keepers of household budgets, Raina Russo and Glenna Wiseman have been conducting the industry’s first woman-directed survey. At Solar Power International last week, they unveiled their findings.

What do you think was the most important renewable energy story this week? Share your insights and thoughts below or by email.

For news about sustainable community and economic development, visit Praxia Partners’ blog.

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