House Republicans want more information about a $400 million loan guarantee from the U.S. Energy Department to Abound Solar Inc., citing reports that significant “technological difficulties” with the company’s solar panels were known before the aid was approved.
The Minnesota-based firm plans to generate the power at three, 10-megawatt sites in IPL’s service territory.
The failure of a second solar manufacturer that received loan guarantees from the U.S. Energy Department adds to pressure on President Barack Obama to justify incentives for the clean-energy industry that’s being undercut by Chinese competition.
Abound Solar Inc., a Colorado-based solar manufacturer that once hoped to hire 1,200 people in Indiana by the end of 2013, will close its doors and file for bankruptcy.
The City-County Council is set to hear a proposal by two companies to lease space on city-owned rooftops and sell electricity generated by solar panels installed in those spots.
The CEO of a company that once said it planned to create up to 1,200 jobs north of Indianapolis has declined to testify before a U.S. House panel investigating the federal clean-energy program.
The city is guaranteed $7.5 million in savings over 15 years from a $18 million upgrade of city facilities, and the savings are expected to accumulate further.
Nusun Solar says an endorsement by Underwriter’s Laboratories should lead to mass production of its commercial and residential panels.
The city has put out a request seeking companies or teams of firms qualified to install solar photovoltaic systems at three of its public works buildings and garages.
A solar panel manufacturer says its plans remain on track to start production at an unfinished auto parts factory in central Indiana. Abound Solar, which projects it could eventually have up to 1,000 employees, said it may begin hiring some workers this year.
Fronius USA will relocate to Portage, where it plans to lease 400,000 square feet of manufacturing space and create up to 512 jobs by 2016.
Begley is famously obsessed with making his home more energy-efficient—and for driving his wife nuts.
Senate Bill 251, which passed the Indiana House Utilities and Energy committee Friday, calls for a voluntary goal of producing 10 percent of the state's electricity from renewable energy resources by 2025.