Breiter Planet Properties Blog

U.S. Power Grid Needs Major Revamping Before Going 100% Renewable

Sep 9, 2019 9:10:00 AM / by Paul Fischer posted in Renewable Energy, Solar Energy, Solar Development, New Construction, Utilities, Energy Storage, Utility-Scale PV, Decarbonize, Wind Energy

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Is it possible for utilities to provide 100% renewable energy?

 

Xcel Energy is an electric utility based in Minneapolis, Minnesota. It serves more than 3.3 million electric customers throughout Colorado, Michigan, Minnesota, New Mexico, North Dakota, South Dakota, Texas, and Wisconsin. Xcel has a goal of delivering 100% carbon free electricity by the year 2050. As of 2018, their delivery was 38% carbon free, and by 2030, Xcel hopes to deliver 80% carbon free electricity before reaching their ultimate goal of 100% carbon free by 2050. 

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Solar Plus Cannabis Solutions

Sep 3, 2019 10:03:00 AM / by Paul Fischer posted in Real Estate, Renewable Energy, Solar Energy, Solar, Solar Development, Solar Capital, Cannabis, Rooftop Solar, Legislation, Solar Incentives

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The sun is rising on the cannabis industry in the United States. Cannabis is now fully legal in ten states: Maine, Vermont, Massachusetts, Michigan, Washington, Oregon, California, Nevada, Colorado, Alaska, and the District of Columbia. With widespread legalization, the cannabis industry is growing rapidly. Despite its speedy growth, there are two major roadblocks that the cannabis industry faces. Energy costs and limited backing from traditional banks hinder the industry's further expansion.

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How You Can Help #DefendtheITC

Aug 22, 2019 10:00:00 AM / by SEIA posted in Policy, United States, Legislation, ITC, Investment Tax Credit, Solar Incentives

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We need to build momentum for the Renewable Energy Extension Act and keep the pressure on lawmakers to support solar's #1 federal policy priority. 

Last month, leaders in the U.S. House and Senate introduced companion bills to extend the 30% solar Investment Tax Credit (ITC) for 5 years, a major step on the road to defending this critical, bipartisan policy. 

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Blackstone Group Finances Installation of 3.9 MW on Manhattan Apartment Building

Aug 19, 2019 2:00:00 PM / by Paul Fischer posted in Property Management, Real Estate, Renewable Energy, Solar, Community, Energy, Education, Solar Development, New York City

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The Big Apple? More like The Big Array! New York City is now home to the biggest array of solar panels on top of an apartment complex in the United States. This solar array sits proudly atop Stuyvesant Town-Peter Cooper Village in Manhattan with over 9,671 solar panels spanning 22 acres of roof space. Nearly doubling the solar capacity in Manhattan, this project adds 3.9 Megawatts of power.  Installing this solar array will have the same effect as removing nearly 12,000 cars off the road, and reducing carbon emissions by 62,472 tons!    

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California’s community has chosen 2 GW of renewables

Aug 15, 2019 9:08:00 AM / by John Weaver, pv magazine posted in Community, Solar Development, California, United States, Utility-Scale PV, San Diego Gas & Electric (SDG&E), Southern California Edison (SCE), Pacific Gas & Electric (PG&E), PPA, Solar Incentives, Community Choice Aggregators

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Community choice aggregators in California have now signed over 2 GW of power purchase agreements for renewable energy projects, with 1.4 GW in 43 projects coming from solar power.

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Solar Plus Storage Programs and Policies for Northeastern States

Aug 12, 2019 7:05:15 PM / by Paul Fischer posted in Commercial Solar, Massachusetts, Policy, Vermont, Energy Storage, Utility-Scale PV, New Hampshire, New York, Boston, Distributed Storage, Tesla, Governor Cuomo, New York City, Legislation, New Jersey, Solar Plus Storage

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Required Rooftop Solar For New Massachusetts Buildings Moves One Step Closer to Becoming Reality

Aug 5, 2019 9:35:00 AM / by Paul Fischer

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Floating Solar

Jul 29, 2019 10:14:00 AM / by Paul Fischer posted in Solar Development, Solar Capital, Solar Industry, Installations, Floating Solar, Power Generation

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Apollo 11 & the Community Solar Power Summit in Philadelphia

Jul 22, 2019 12:00:00 PM / by Andrew Breiter-Wu posted in Renewable Energy, Solar Development, Solar Access to All, MA SMART Program, Massachusetts, Utility-Scale PV, Andrew Breiter-Wu, Power Generation, Community Solar, Legislation

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This past week we remembered the incredible achievements of the Apollo 11 team that put the first man on the moon, 50 years ago. CBS, CNN, and other media organizations did a great job covering this with segments throughout the week and specials using the original footage from the historic day/week back in July of 1969. 

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Andrew Breiter-Wu Signs the Solar Industry ITC Extension Letter to Congress

Jul 15, 2019 8:30:00 AM / by Andrew Breiter-Wu posted in Policy, United States, Politics, Finance, Andrew Breiter-Wu, Legislation, ITC, Investment Tax Credit, Solar Incentives

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Dear Members of Congress,

 

As some of the nation’s leading solar energy companies, we write to convey the importance of extending the Section 48 and Section 25D investment tax credits (ITC) for solar and other clean energy resources.

 

The ITC has a tremendous track record of spurring clean energy deployment across the country, creating nearly a quarter million well-paying jobs and driving down electricity costs for consumers, businesses and municipalities. It also has generated significant economic activity, accounting for $140 billion in private investment since its inception.

 

As you consider clean energy tax legislation, we urge you to include a multiple-year extension of the Section 48 and Section 25D tax credits before they begin to phase down at the end of this year. The residential and commercial investment tax credits will step down from 30 percent at the end of this year. The credit falls to 26 percent in 2020, 22 percent in 2021, and, in 2022, the residential renewable energy credit is eliminated, and the commercial investment tax credit drops to 10 percent.

 

As a result of these credits and greater competition in the electricity sector, more Americans have access to clean energy than ever before. The greatest solar job growth today is happening in the Midwest and Southeast, in emerging markets such as Kansas, North Dakota, Illinois, Alabama and Florida. More than 240,000 Americans work in solar energy today, a figure that has more than doubled since 2010. According to the Bureau of Labor Statistics, “solar installer” could become the fastest-growing occupation in America.

 

While this recent success has driven 50 percent annual solar growth over the past decade, solar energy can do more for the economy, especially since it accounted for only 2.3 percent of total U.S. electricity generation in 2018 and less than 1 percent of generation in 29 states. Harmful public policy changes could quickly compromise future growth. For instance, the solar industry has experienced $8 billion of cancelled or deferred investments and the loss of 9,000 jobs in the wake of federal policy changes singling out solar. That's why we're asking you to extend the Section 48 and Section 25D investment tax credits for clean energy resources and support the continued growth of solar nationwide.

 

Thank you for your continued work and leadership developing American-made clean energy. We appreciate your consideration of our views and look forward to bringing solar to more of your constituents.



Andrew Breiter-Wu

President

Breiter Planet Properties

p:(617) 334-5785  

m: (401) 954-6450

w:www.breiterplanet.com

e: Andrew@breiterplanet.com

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