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K2 Solar, Inc. Honored by the National Environmental Hall of Fame

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K2 Solar, Inc. Honored by the National Environmental Hall of Fame

January 18, 2011 K2 Solar News Edit

San Jose, CA – October 26, 2010:   San Jose based K2 Solar, Inc., a leading design and build firm for Commercial Solar Photovoltaic Systems, receives the San Jose Environmental Hall of Fame award in the Solar Photovoltaic Energy Systems category from the National Environmental Hall of Fame.

 

K2 Solar Installs 362 KW PV System For San Mateo County

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K2 Solar Installs 362 KW PV System For San Mateo County

December 15, 2010 K2 Solar News Edit

November 30, 2010:    K2 Solar, Inc. successfully completed the installation of a 362 kW DC solar PV system for the County of San Mateo in Redwood City, CA.   The system consists of seven solar carport assemblies on the top level of a 5-story parking structure adjacent to the County Center Building and provides over 1/3 of the energy consumed in the building.    The system will produce over 515,000 kWh annually and will save the County over $60k per year in energy costs.

“The County of San Mateo is taking a large step in reducing its environmental footprint and in realizing long-term cost savings” said Stephen Tsu, President & CEO, K2 Solar, Inc.  “The system not only provides shade for the employee parking area of the garage, but also utilizes components manufactured in the US which was a preference of the County.  The solar PV system utilizes Sharp 235W mono-crystalline solar modules, an Advanced Energy Solaron inverter, and a DECK performance monitoring system.”

 K2 Solar to install a $ 3.3 million project on the roof of the San Mateo County Center parking garage.

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K2 Solar to install a $ 3.3 million project on the roof of the San Mateo County Center parking garage.

April 07, 2010 K2 Solar News Edit

K2 Solar, Inc. in San Jose provides solar photovoltaic energy systems for commercial customers in the Western US region (California, Nevada, and Arizona). San Mateo County officials recently selected K2 Solar to install a $ 3.3 million project on the roof of the San Mateo County Center parking garage.

San Francisco Examiner.Com - Article: Job Trends in the San Francisco Bay Area, August 11, 2009

Federal Investment Tax Credit for solar energy extended for eight (8) years

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Federal Investment Tax Credit for solar energy extended for eight (8) years

February 11, 2010 K2 Solar News Edit

Federal Investment Tax Credit for solar energy extended for eight (8) years. PROVISIONS IN H.R. 1424 Emergency Economic Stabilization Act of 2008 BENEFITTING THE U.S. SOLAR ENERGY MARKET AND BUSINESSES, UTILITIES, AND HOMEOWNERS THAT INSTALL SOLAR ENERGY SYSTEMS

Provisions Directly Benefitting the Solar Industry:
Long-term Extension of Business Solar Investment Tax Credit

The bill extends the 30 percent investment tax credit for solar energy through 2016. The bill allows alternative minimum tax (AMT) filers and public utilities to claim the business solar investment tax credits. (Current law prevents AMT filers and utilities from claiming these tax credits). Companies and utilities that put solar energy property in service in the U.S. will receive a credit against their income tax liability (including AMT) in the amount of 30 percent of the cost of their installation costs, including solar energy equipment and labor. The estimated cost of this proposal is $1.942 billion over 10 years.

Long-term Extension and Modification of the Residential Solar Investment Tax Credit.
The bill extends the credit for residential solar property for 8 years through 2016. It also removes the cap on the credit (currently $2,000), effective for solar electric property placed in service after December 31, 2008. The bill allows individual taxpayers to use the credit to offset AMT liability, and to carry unused credits forward to the next succeeding taxable year. Thus, individuals who install a residential solar electric system in the U.S. will receive a credit against their income tax liability (including AMT) in the amount of 30 percent of the installed cost, including equipment and labor. The estimated cost of this proposal is $1.294billion over 10 years.


PG&E warns its bills could soar this winter

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PG&E warns its bills could soar this winter

February 11, 2010 K2 Solar News Edit

David R. Baker, Chronicle Staff Writer

PG&E warns its bills could soar this winter

Friday, July 25, 2008

Oil prices jumped to historic highs this year. Gasoline, too. Now electricity prices could be headed up. Pacific Gas and Electric Co. warned Thursday that its electricity rates could rise 4.4 percent, on average, in October and another 11 percent in January - the result of high prices for the natural gas that fuels California's power plants. Other utilities across the country have issued similar warnings.

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