The effects of the federal government “sequester” will take many months to figure out completely, but it is becoming increasingly clear that the results will be far-reaching and not necessarily fully anticipated. For example, Chinese and European manufacturers of solar equipment intended for sale in the United States may be surprised to find out that federal government support for solar projects has taken an unexpected hit.» Read More
In the Federal Register on Wednesday (February 22, 2012), the United States Department of Commerce postponed for a third time the deadline for a preliminary determination in its investigation regarding alleged dumping of Chinese photovoltaic (PV) cells, the key component of solar energy panels. The new deadline is March 19, 2012. The original due date had been January 12, 2012. Previous postponements had pushed the date first to February 13, 2012, and then to March 2, 2012.» Read More
Combined incentives from the United States federal government and the State of New Jersey have made New Jersey an extremely attractive market for European and Asian manufacturers of solar panels. Published reports consistently rank New Jersey as number one or number two in terms of solar installations, neck and neck with the much larger (and somewhat sunnier) State of California.
However, the looming expiration of a key federal program has helped stimulate a feverish acceleration of developments that in turn has had an impact on the value of New Jersey’s Solar Renewable Energy Certificates, or SRECs. » Read More