TORONTO, Jan. 6 - Morgan Solar Inc., a Toronto based solar energy start-up, have increased their first-round investment to USD $8.2 million from the USD $4.7 million announced in October 2009.
Strategic investors participating in Morgan Solar’s first round are Iberdrola, the world’s largest renewable energy provider, and Nypro Inc., a global leader in injection molding [...]

Solar energy start-up Morgan Solar closes first tranche of their round A investment with Iberdrola Group SA, Nypro Inc, and Turnstone Capital Management LLC.

TORONTO, CANADA, OCTOBER 8, 2009 - Morgan Solar Inc., a Toronto based solar energy start-up, completed the first part of their Round A investment, securing USD $4.7 Million from Iberdrola Group [...]

The OPA and Ontario Government have released their new Feed-in Tariff (FIT) rate proposals! If these go through and get finalized (which seems likely), this is excellent news for two reasons - there was quite a bit of uncertainty and several businesses were holding their breath until the new rules were released, and the [...]

The Renewable Energy Investment Tax Credit (ITC for short) has passed, and better, it’s been renewed until 2016, and they increased the caps on how much you can claim for the credit. This is great news, but especially for solar energy as dozens of very large products were waiting to see if that went [...]

The Investment Tax Credit is the major US Federal incentive for Solar Energy in the US.  The most basic description of it would be that it’s a 30% tax credit on the installation of a Solar Power system.  The credit is worth up to $2000 for individuals, and with no cap for businesses provided [...]

A brief look at what’s happening in the Solar Energy Industry for the week of July 4, 2008