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Solar Energy

REAL ESTATE
September 1, 1985 | TERENCE M. GREEN
Most things seem to go in circles--perhaps "cycles"-- although it often seems that "fashions" or even "fads" better describe the process. There is a story about a used-clothing merchant who would buy up stocks of women's clothes as they slipped out of fashion, on the theory that if he held them long enough, they'd come back in style and he'd be able to sell them.
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BUSINESS
November 23, 2009 | By Todd Woody
At a recent solar energy conference in Anaheim, economic development officials from Ohio talked up a state that seemed far removed from the solar panels and high-tech devices that dominated the convention floor. Ohio, long known for its smokestack auto plants and metal-bending factories, would be an ideal place for green technology companies to set up shop, they said. "People don't traditionally think of Ohio when they think of solar," said Lisa Patt-McDaniel, director of Ohio's economic development agency.
BUSINESS
March 4, 1986 | GREG JOHNSON, Times Staff Writer
When congressional inaction caused the sun to set on solar energy tax credits on Dec. 31, the solar energy industry's once-bright future turned cold and dark. Without the tax credits that shelter up to half of the cost of installing a solar energy system, the $1-billion industry will shrivel by at least 60%, according to Terry Buffum, a Mountain View, Calif., solar energy systems company owner who serves as president of the Solar Energy Industries Assn.
BUSINESS
April 9, 1986
The company moved to rid itself of a $90-million investment in solar energy, selling its share of a partnership for $12 million worth of Energy Conversion Devices stock, ECD said. Standard Oil acted after announcing last week that it will cut its exploration spending this year to half of the $915 million that it spent in 1985.
CALIFORNIA | LOCAL
November 13, 1985 | TOM GREELEY, Times Staff Writer
Five years ago, San Diego County gained fame as the solar energy capital of the United States when it became the first county in the nation to adopt an ordinance requiring the installation of solar water heaters in new homes. Given the sunny climate and the anticipated building boom in the county's unincorporated areas, solar energy entrepreneurs flocked to San Diego to take advantage of a seemingly ideal marketing situation.
CALIFORNIA | LOCAL
January 25, 1990 | JOHN CHANDLER, TIMES STAFF WRITER
Los Angeles airport authorities said Wednesday they are not interested in a proposal by the world's largest producer of solar energy to build a major solar power plant on vacant land Los Angeles owns in Palmdale. Luz International of Westwood proposed to the Los Angeles Board of Airport Commissioners construction of a $1-billion plant on some of the 17,500 acres the Los Angeles Department of Airports owns in Palmdale.
NEWS
May 15, 1991 | PAUL JACOBS, TIMES STAFF WRITER
After an unusual pause to rethink his position, Gov. Pete Wilson on Tuesday signed into law a controversial bill that gives a $6.4-million property tax break to a company building solar power plants in the Mojave Desert. "California leads the nation in the development and production of solar energy," Wilson said. "But without the property tax incentives, progress will be slowed." Only three weeks ago, Wilson sent the measure back to the Legislature asking for possible amendments and changes.
BUSINESS
June 6, 1985 | BRUCE HOROVITZ, Times Staff Writer
Solar energy is music to Malcolm S. Bru's ears. He sells solar-powered trinkets, including $25 music boxes that play "You Are My Sunshine" when held to the light. But few department store buyers will touch his wares, says Bru, market consultant for Aldermaston Sales of Locust Valley, N.Y. "They keep telling me that their customers don't know what solar power is." Maybe so, but Bru isn't about to give up.
BUSINESS
April 2, 1985 | JAMES QUINN, Times Staff Writer
Arco Solar Inc. introduced its latest solar electricity-generating device in December to raves from industry analysts. Brisk sales of its Genesis module, which is powerful enough to run a small television set, already have solidified the Chatsworth company's position as the industry sales leader. Yet there is a new, cautious tone at Arco Solar, a wholly owned subsidiary of Atlantic Richfield Co., as well as in the entire photovoltaic industry.
BUSINESS
March 7, 1989 | JAMES BATES, Times Staff Writer
After 12 years and $200 million, Atlantic Richfield Co. is giving up on its solar energy venture much as it might give up on a dry hole after unsuccessfully drilling for oil. The Los Angeles oil and gas giant last month acknowledged publicly that it wanted to sell its money-losing Arco Solar subsidiary in Camarillo.
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