Oregon solar incentives dry up

| Print |  Email
Must Reads
Friday, February 15, 2013

Large solar arrays are vanishing in Oregon along with the lower incentives now offered for them.

[Energy Trust of Oregon] opened bids for $1 million in grants for large solar projects, plunging from $7.3 million the year before. Furthermore, the bigger pot of cash for these ambitious -- and lucrative -- solar projects has dried up since the Legislature scrapped the controversial business energy tax credit in 2011 as the projected cost ballooned to hundreds of millions.

The fallout, according to Oregon solar industry insiders: Huge installations like the almost 7,000-panel, $10 million system near Wilsonville -- which opened last summer and received almost $5 million in state tax credits and $1.75 million from the Energy Trust – are vanishing. They were also the most profitable ventures for developers. Now the businesses are shedding workers and looking for opportunities in more solar-friendly states.

Read more at OregonLive.com.

{biztweet}oregon solar{/biztweet}

 

More Articles

VIDEO: The 2015 100 Best Companies to Work For in Oregon

The Latest
Friday, February 27, 2015

videothumbVIDEO: 2015 100 Best Companies to work for in Oregon


Read more...

5 questions for inDinero CEO Jessica Mah

The Latest
Tuesday, March 31, 2015
jessicathumbBY JACOB PALMER | DIGITAL NEWS EDITOR

inDinero, a business that manages back-office accounting for startups and smaller companies, recently announced it would relocate its headquarters from San Francisco to Portland. We talked to CEO Jessica Mah about what drew her to Portland and how she plans to disrupt the traditional CPA model.


Read more...

The 100 Best Companies to Work For in Oregon

March 2015
Thursday, February 26, 2015
BY KIM MOORE | OB RESEARCH EDITOR

Employment in Oregon is almost back up to prerecession levels — and employers are having to work harder to entice talented staff to join their ranks. This year’s 100 Best Companies to Work For in Oregon project showcases the kind of quality workplaces that foster happy employees. 


Read more...

Photos from the 100 Best Companies to Work For in Oregon awards celebration

The Latest
Friday, February 27, 2015
IMG 9975cneditPHOTOS BY JASON E. KAPLAN

Images from the 2015 celebration of Oregon's great workplaces.


Read more...

Meeting Facilities Perspective

March 2015
Tuesday, February 24, 2015
BY KIM MOORE | OB RESEARCH EDITOR

A conversation with Donna Earley, director of sales and marketing for the Salem Convention Center.


Read more...

The Road to Reinvention

April 2015
Friday, March 27, 2015
BY AMY MILSHTEIN

Damian Smith bets on changing himself — and Portland — through consulting.


Read more...

Emperor of the Sea

April 2015
Friday, March 27, 2015
BY COURTNEY SHERWOOD | Photos by Jason E. Kaplan

Pacific Seafood, one of the world’s largest processors, is rebranding as a more transparent and consumer-friendly operation. A controversial CEO and monopoly accusations from coastal fishermen complicate the tale.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS