Tools and services for improving a home’s energy efficiency — things like Energy Star appliances, home energy audits and green roofing materials — often lack the glitz and gadget-appeal of solar panels and other highly visible signs that a homeowner has “gone green.” But according to a new report out today from Pike Research, energy efficiency retrofits, products and services for the residential building market are poised to see a wave of growth as the U.S. pulls out of recession over the next five years.
In particular, Pike forecasts that the home energy auditing market will nearly triple to $23 billion by 2014, up from $8.1 billion last year. The market for efficiency improvements along the lines of roofing and window replacements and upgrades for HVAC systems and appliances will increase to $50.2 billion by 2014, up from $38.3 billion in 2009, the firm predicts. And Energy Star refrigerators and clothes washers could generate revenues of $21.9 billion to $33.2 billion between 2009 and 2014.
One of the most commonly cited problems about solar power is that it’s intermittent, meaning that it’s not always sunny when electricity is needed. That means customers can’t count on being able to generate exactly as much solar power as they need to meet electricity demand at any given time, and utilities must rely on conventional power plants to ensure that electricity is always available.
Siemens, the German energy and engineering giant,
For a while there, it looked like 2010 might be the first banner year for solar stocks since 2007. It still could be, although this week is showing that, if solar does make a comeback this year, it’s not going to happen with out some sudden and stomach-churning setbacks.
Over the past nine years, solar plastic maker Konarka has been creeping toward commercialization, raising close to $200 million in private equity and government grants. When will it teeter over that brink of pilot production and move into full-scale commercialization? Well, for now some more funding:
Morgan Solar, a Toronto-based startup developing acrylic solar concentrators, told us today it has raised $8.2 million in its first round of venture-capital funding from Spanish utility Iberdrola, plastics manufacturer Nypro, and Turnstone Capital Management, which led the round. Back in October, when Morgan Solar announced it had closed $4.7 million in the first phase of the round, it said it was aiming for a round of
Americans love the idea of the neatly packaged product, even when it comes to clean power —
Wow, I had no idea solar theft was such a problem.
One of the most interesting parts about a startup registering for an IPO is that the company has to file an S-1 form, which is made publicly available on the Securities and Exchange Commission’s web site. If the startup is particularly stealthy, then an S-1 can be the first time a lot of information about the company’s financials, business model, and operating costs become available. That’s the case with Solyndra, a thin film solar tube maker that kept quiet for several years and which
Signs keep mounting
