Early Briefing: Outlook Bright for Solar, Wind Energy Firms
It's Monday, so that means we turn the Business section over to local news:
*Last week the Senate agreed to approve tax breaks for solar and wind energy as part of a housing bill that's likely to get the House's okay as well. That's good news for firms like Standard Solar of Gaithersburg and SunEdison of Beltsville, which count on the breaks to keep growing. Energy from conventional sources like coal and natural gas is still cheaper than solar energy, though that gap is narrowing.
*The Service Employees International Union and four private security contractors - Admiral Security, Allied Barton, Guardsmark and Securitas - reached an agreement to provide benefits and raise wages to about 1,500 security guards working in D.C. office buildings.
The deal, the first union contract for private security guards in D.C. commercial buildings, covers about three-quarters of that workforce.
*WEbook of Bethesda is getting ready to publish its first book - a 58-chapter thriller written by 17 people. The company aims to adopt the crowd-sourcing model to allow people to get advice and tap into other users' expertise.
*Mark Ein and Piyush Sodha are teaming up again, this time in Kastle Systems of Rosslyn, which Ein bought last year. They aim to increase the security company's revenue and make acquisitions. The two partnered before on Cibernet and Matrics.
*Chris Clark of North Potomac bought pizza.com for $20 in 1994. It turned out to be a good investment: He just sold it for $2.6 million.
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