Webinar: The Rise of Solar Power in the Midwest

Wednesday, November 18, 2009

Solar Panel InstallationELPC hosted a special webinar on November 18th highlighting the potentialfor a solar power boom in the Midwest. Featured speakers included  ELPC Executive Director Howard Learner, Staff Attorney Brad Klein and Policy Advocate Madeleine Weil.

Click here to hear the podcast.

Click here to download PDF slides from the webinar.

Price shifts, market changes and supportive policies are coming together in ways that can help solar power accelerate fast around the region. The economics of solar power are becoming more favorable due to a confluence of factors:

  • Solar photovoltaic (PV) module prices have fallen sharply due to excess supply in the global market.
  • Federal and state policies are working to support solar power. The federal economic stimulus legislation and other initiatives are providing new incentives and support for solar energy development. In the states, for example, Illinois has created a “solar carve out” in the state’s strong renewable energy standard that will provide a procurement market for 700-750 megawatts of solar power by 2015.
  • Large-scale solar developments are going forward on former industrial sites where there is unobstructed sunlight and low-cost access to the electrical grid. In some cases, brownfield redevelopment, recovery bonds and other tax credits and subsidies are available.
  • In the current economic downturn, there are skilled workers looking for “green jobs” installing solar systems.

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