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

Portland’s long-distance bike commuters

The Latest
Wednesday, July 29, 2015
Matt KellyresizethumbBY KIM MOORE | RESEARCH EDITOR

Pushing the extreme.


Read more...

Modern design defines new Portland indoor market

The Latest
Thursday, June 25, 2015
thumbSnøhetta JBPM exterior www mir noBY KIM MOORE | RESEARCH EDITOR

An international architecture firm known for its design of the National September 11 Memorial Museum Pavilion in New York unveiled its plan this week for a modern indoor/outdoor food market at the foot of the Morrison Bridge in downtown Portland.


Read more...

Flattery with Numbers

July/August 2015
Friday, July 10, 2015
BY JOE CORTRIGHT

The false promise of economic impact statements.


Read more...

Reader Input: Fair Play

May 2015
Wednesday, July 15, 2015

Former Governor John Kitzhaber's resignation in February prompted some soul searching in this state about ethical behavior in industry and government.


Read more...

Brain Storm

July/August 2015
Monday, July 13, 2015
BY CAMILLE GRIGSBY-ROCCA

Can the brave new world of neurotechnology help an OHSU surgeon find a cure for obesity?


Read more...

Greenpeace (temporarily) prevents Shell oil ship from leaving Portland

The Latest
Thursday, July 30, 2015
hangersBY JASON E. KAPLAN | STAFF PHOTOGRAPHER

Activists have suspended themselves from the St. Johns Bridge in Portland, slowing an icebreaker's departure for the Arctic.


Read more...

House of Clarity

July/August 2015
Monday, July 13, 2015
BY JACOB PALMER

Holding a Power Lunch at Veritable Quandary in downtown Portland.


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