Ceramic Industry News / Advanced Ceramics / CI Advanced News / Glass

Kyocera Invests in Solar Projects with U.S. Light Energy

April 30, 2014
/ Print / Reprints /
ShareMore
/ Text Size+

Kyocera recently announced plans to invest in a tax equity partnership for the development of solar photovoltaic (PV) projects in New York valued at $38 million, leveraging the 30% federal energy investment tax credit. As part of the investment, Kyocera has also entered into an agreement with U.S. Light Energy (USLE) to use Kyocera solar modules on all installations. USLE (formerly New York Light Energy) is in the final stages of installing 9.4 megawatts (MWDC) of PV systems, with the expectation that the installations will be completed by June.

“Kyocera’s tax equity investment with USLE enables commercial buildings and schools to benefit from environmentally friendly solar power with no up-front investment,” said Steve Hill, president of Kyocera Solar Inc.

Kyocera’s solar tax equity investments reportedly allow commercial power users to experience immediate cost savings, and to reinvest that money into their businesses while gaining visibility into their long-term energy costs. USLE reportedly intends to provide a reduction of at least 20% in net electricity costs through its Power Purchase Agreements, as compared to conventional grid electricity.

For more information, visit http://global.kyocera.com.

 

Did you enjoy this article? Click here to subscribe to Ceramic Industry Magazine.

You must login or register in order to post a comment.

Multimedia

Videos

Image Galleries

June 2014 Issue Highlights

Our June 2014 issue is now available!

Podcasts

Manufacturing Day 2014

Manufacturing Day organizers share their insights with Managing Editor Kelsey Seidler.

More Podcasts

Ceramic Industry Magazine

CI October 2014 cover

2014 October

Materials advances, refractories and renewable energy - oh, my! Check out our October issue today!

Table Of Contents Subscribe

Personal Smartphones

Do you use your personal smartphone or other device to complete tasks for your job?
View Results Poll Archive

THE CERAMIC INDUSTRY STORE

M:\General Shared\__AEC Store Katie Z\AEC Store\Images\Ceramics Industry\handbook of advanced ceramics.gif
Handbook of Advanced Ceramics Machining

Ceramics, with their unique properties and diverse applications, hold the potential to revolutionize many industries, including automotive and semiconductors.

More Products

Clear Seas Research

Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications,Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.

STAY CONNECTED

facebook_40px twitter_40px  youtube_40pxlinkedin_40google+ icon 40px

Directories

CI Data Book July 2012

Ceramic Industry's Directories including Components, Equipment Digest, Services, Data Book & Buyers Guide, Materials Handbook and much more!