Solar Looks For A Sunny Outlook In Pennsylvania

SolarCity Corp., the nation’s largest rooftop photovoltaic developer, is hoping a new day is dawning for solar in Southeastern Pennsylvania.

The San Mateo, Calif., company announced Thursday a bundle of new financing options aimed at customers in the Peco Energy Co. service territory. SolarCity and its competitors typically install their systems on customers’ roofs for no money down.

The campaign is aimed at reversing the shrinkage in the Pennsylvania solar market, which went into hibernation after 2011, when federal and state incentives dwindled.

“We have a few hundred customers in Pennsylvania, but it’s been slow to develop over time,” said Leon Keshishian, SolarCity’s regional vice president.

Read more at http://www.philly.com/philly/business/20150313_Solar_looks_for_a_sunny_outlook_in_Pa_.html#lSQXTxsBwMKzL3DW.99

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DuPont Rises On Plan To Split The Company

Map of Delaware

Map of Delaware (Photo credit: Wikipedia)

Shares of DuPont Co. rose modestly this morning to above $65.50 — a 13-year high — after last night’s announcement that the Wilmington-based chemical giant plans to spin off its profitable but volatile Performance Chemicals business, and its related fluorochemicals and titanium-dioxide (white-paint-base) factories, including a TiO2 plant at Edge Moor, Del., over the next year and a half. The new company will have sales of around $7 billion a year, vs. $28 billion for what’s left of DuPont.

Read more at http://www.philly.com/philly/blogs/inq-phillydeals/DuPont-rises.html#O1lLQVZKVo1HmYO2.99