Archive for October 28th, 2009

Poll: Prospects Good for the US Solar Industry

Wednesday, October 28th, 2009

I was interested in the poll that showed the respondents identified the main obstacles to growth as the lack of financing (81.8 percent), little support from utilities (62.9 percent), lack of customer knowledge (61.3 percent), and insufficient level of incentives (59.1 percent).  I could not agree more.  The entire article can be accessed at: http://www.renewableenergyworld.com/rea/news/article/2009/10/poll-prospects-good-for-the-us-solar-industry#at  .  These are the main drivers for the work that Jim and I are actively engaging.  Financing is getting better with some of the federal programs supporting solar.  The electric utilities still are reticent about the intermittent nature of solar and our thoughts are that energy storage at the souce of the solar is one way to promote better acceptance from the utilities.  Lack of customer knowledge can be combatted with the all our members speaking to public groups about the benefits of solar to the homeowner, businesses and to churches.  Come to Nashville on November 10 and participate in the Solar Energy Symposium.  Maybe the Governor and legislature can come up with better incentives.  Maybe our electric utilities can do the same. Hope to see you there.

Steve Levy and Jim Hackworth

Visit http://www.tninvestco.com

Wednesday, October 28th, 2009

You have an idea and have done some work.  Now you are seeking some seed money to fund the idea.  Well, there is a new seed money fund in Tennessee thanks to our legislature.   It is called the Tennessee Small Business Investment Company Credit.  Go to the website and start making plans.  This should be great for those interested in unique solar projects and inventions.  Who knows, you may be able to get an investment.