Madonna Credit Suisse Invests $300 Million in Rooftop Solar Power

Credit Suisse Group AG (CS) plans to invest $ 300 million to install rooftop solar systems in U.S. homes and businesses.

The Bank has committed $ 200 million, residential solar systems have been developed by Sun run, support, and separately said it would invest $ 100 million in developed residential and commercial building solar projects by Solar City Corp.
LP (KKR), hundreds of millions of dollars invested in solar energy, while on the roof of the past year as a means to make a profit, while supporting clean energy.

Have to develop and own solar panels for residential systems are far more lucrative than snow machine. Solar energy projects on the roof have an advantage over large solar parks because they compete with the price of retail prices for electricity that the utility companies charge their customers. These prices are generally pay much higher than the wholesale price of electricity that the utility company for electricity from solar power plants and other plants.

"The residential solar market is booming, and created Sun run model for affordable solar home is the driving force behind this success," Jerry Smith, CEO of Strategic Transactions Group, Credit Suisse, said in a statement.

Solar-panel maker, however, have seen their profits and share prices beaten, as panel prices have fallen amid a global oversupply.

THE Baillieu government has refused to say whether it is involved in electoral politics than 5 per cent of Victoria's energy is from solar energy by 2020.

As the Commission's climate Federal Government published a report that Victoria could theoretically capture enough solar energy to its power requirements to meet twice, the state government has decided not to know if they still had a target of 2500 gig watt hours of solar electricity production.

The coalition announced solar policy shortly before the 2010 election, representing a commitment of the work.

Energy minister Michael O'Brien refused to answer questions yesterday about the target.
A separate analysis found by the Sustainable Energy Association of the Victorian age in Australia 128 000 solar panels installed on the roof. State and federal solar subsidies have been reduced as panel prices fell