CleanTech OC Daily - 7/27/12

Friday, July 27, 2012

The Sustainable Apparel Coalition, a trade group of several companies with interests in the apparel industry, launched a sustainability tool called the Higg Index. The Higg Index will enable the industry to assess the sustainability of products by covering three primary areas - brand, product, and facility. While an exciting development, the concept is not a new one as several companies involved have already been using their own internal assessment tools.  

The U.S. Department of Energy’s National Renewable Energy Laboratory (NREL) has released a report that indicates that every state in the U.S. has the space and resources to generate clean energy. A valuable tool for decision-makers and utility executives , the U.S. RE Technical Potential report looked at the available renewable resources in each state and established an estimate of development potential.

In a thriving solar market, Credit Suisse is putting $100 million into SolarCity and $200 million into Sunrun to back new residential and commercial installations. The current cost of residential solar beats the retail price of electricity – especially in high-cost electricity markets like California.

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