• Thursday, April 30, 2009 Latest Update: 3:07PM

Greentech Solar

Top Ten Solar

Let’s face it, 2009 isn’t going to be a good year for solar. The economy is still awful, and nearly everyone from solar equipment manufacturers to power plant developers are waiting and waiting for the federal government to implement programs from the stimulus package and give the sluggish industry a boost. Only a few companies like First Solar seem to be rising above the difficulties. But next year, or even late 2009, could be quite different. The stimulus money should be flowing nicely and banks could feel generous again. Construction on solar thermal and utility PV projects should pick up speed. So to pick our list of top ten companies, we looked for businesses with strategies that would lead them to make a big impact in 2010, both in the overall solar market as well as promising niches that could gain prominence.

9. SoCal Edison

California leads the country with aggressive policies to promote renewable energy production and use. And Southern California Edison (SCE) stands out as the most aggressive in buying renewable power and pursuing its own power generation projects in the state, particularly solar.

SCE has added the most renewable power in its offerings, reaching nearly 16 percent by the end of 2007. That means the utility is mostly likely to be the first to meet California’s stringent renewable energy standards, which require power retailers to include 20 percent of their supplies from "new' renewables (i.e., solar, wind, geothermal and small hydro) by 2010. The mandate will then increase to 33 percent by 2020. To reach those goals, the utilities will both build their own solar power plants, buying panels from a variety of vendors, as well as buy power from independent providers.

SCE is doing all three. Notably, it took a plunge and announced plans to become an owner and operator of a 250-megawatt solar power project, which would place solar panels on about 65 million square feet of commercial rooftops. The project set SCE apart from other utilities that only have recently warmed up the idea of owning and operating their own solar power plants.

SCE also has signed a good number of power-purchase agreements from a wide range of solar technology providers. It inked a deal to buy power from 1.3 gigawatts worth of solar-thermal power projects being developed by BrightSource Energy. SCE also signed a power purchase agreement with Stirling Energy Systems, which is developing 500-megawatt to 800-megawatt worth of projects. Last summer, SCE also agreed to buy power from wind developer DCE, an affiliate of Caithness Energy, which is working on wind farms that can produce about 909 megawatts of power.

SCE ranked No. 3 among the country’s investor-owned utilities that are serving up wind power to their customers, according to the American Wind Energy Association’s 2008 annual report.

Now, Pacific Gas and Electric (PG&E) and San Diego Gas and Electric have signed their shares of renewable power purchase agreement with solar and wind project developers. PG&E is ahead of San Diego on selling renewable power, and it recently announced plans to own solar projects. PG&E also is ahead of SCE on smart meters deployment (it claims it leads the pack nationwide).

Comments [4]

  • Douglas J. Lavenburg 06/14/09 6:52 PM

    How do I view and monitor my energy consumption throughout the day?  I have the Enphase monitoring system with micro-inverters and a 4KW system sold to me by Suntricity Energy in Delaware

    Reply
  • John 08/18/09 7:51 AM

    Green Street Solar of Delaware and Maryland recently started using Enphase microinverters. So far, so good.

    Reply
  • DON YOUNG 10/13/09 12:01 PM

    iN PLANNING STAGE OF BUILDING TWO HOMES IN ARCADIA, AND DON’T KNOW WHERE TO START. BUT I WANT TO GO SOLAR.  CAN YOU HELP ME THNANK YOU, DON YOUNG

    Reply
      • James 11/1/09 11:43 PM

        Don,

        I am in Arcadia as well.  Experienced solar consultant with largest integrator in CA.  I can help you if you like.  310-913-6200.

        James

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