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

Old school: Paulsen's Pharmacy maintains old fashion ethos

The Latest
Thursday, December 18, 2014
121914-pharmacy-thumbBY MEGHAN NOLT

VIDEO: Under the radar — complete with a soda counter, the traditional Paulsen's Pharmacy looks to compete with big box retailers.


Read more...

Corner Office: Steve Tatone

January-Powerbook 2015
Saturday, December 13, 2014

Seven tidbits about the president and CEO of AKT Group.


Read more...

Crowdfunding 2.0

News
Tuesday, December 02, 2014
120214-crowdfund-thumbBY LINDA BAKER

A conversation with attorney Erich Merrill about the latest way to raise money from large groups of people.


Read more...

Corner Office: Marv LaPorte

January-Powerbook 2015
Saturday, December 13, 2014

The president of LaPorte & Associates lets us in on his day-to-day life.


Read more...

See How They Run

January-Powerbook 2015
Friday, December 12, 2014
BY LINDA BAKER

Studying ground-running birds, a group that ranks among nature's speediest and most agile bipedal runners, to build a faster robot.


Read more...

5 companies react to lower fuel prices

The Latest
Thursday, January 15, 2015
thumb-shutterstock 233787049BY JACOB PALMER | OB DIGITAL NEWS EDITOR

Consumers love the savings they get from low oil prices, but how has business been affected?


Read more...

The short list: Holiday habits of six Oregon CEOs

The Latest
Thursday, December 11, 2014
121214-xmaslist1BY JACOB PALMER | OB DIGITAL NEWS EDITOR

We ask business and nonprofit leaders how they survive the season.


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