There could be a limit on how much solar power can grow. That’s because the more solar power we add to the grid, the less valuable it becomes. It’s a simple supply-and-demand story: solar reaches peak generation during sunny afternoons, but there’s a limited demand for such additional power during those times. As a result, solar begins to compete with itself, driving down the price that utilities are willing to pay generators. Solar power accounts for less than 1 percent of the world’s electricity generation today, but as more is added to the energy mix, the economics become increasingly unfavorable. Shayle Kann, head of GTM Research, and Varun Sivaram, a fellow at the Council on Foreign Relations, cite recent studies of the grids in Texas and Germany that suggest the value of solar will be cut in half by the time it makes up 15 percent of the energy mix. A study of California’s grid concluded that if solar power were to reach 50 percent of the grid, it would be only a quarter as valuable as it was before any solar had been added. Kann and Sivaram combined the data from those studies to make the comparison below. Cont'd...
Fluor completed the project safely by working more than 700,000 construction hours with no lost-time accidents and no recordable incidents.
Funding will be used to support Accio Energy's transformational work developing utility-scale electrohydrodynamic (EHD) wind energy generation systems offering much lower cost offshore energy with a higher capacity factor and significant siting advantages.
Pilot Hill Wind Project will power 100 percent of the energy needs of Microsoft Corporation's Chicago data center.
Carbon footprint verification demonstrates WINAICO as one of the cleanest solar module producer in the world
Bureau Veritas Certification's recent carbon footprint verification on WINAICO's WST-P6 shows WINAICO's manufacturing processes only contribute to 3.86% of the products' total Greenhouse Gas emission, proving WINAICO as one of the cleanest solar module producer in the world
Democratic Leader Senator Aaron Ford, Senator Ruben Kihuen, and other Nevada leaders participate in celebrating local job creator's commitment to make Nevada the regional hub for training the 21st century energy workforce.
Projected to be one of the largest solar power plants in Texas when the Roserock solar project reaches commercial operation in late 2016, the facility is expected to generate enough energy to power more than 30,000 Texan homes.
New ACCF Report: EPA's Massive Clean Power Plan Subsidies for Wind Reinforce Calls Against PTC Renewal
These findings and more are highlighted in a new ACCF Center for Policy Research study: Clean Power Plan Subsidies for Wind Reinforces Arguments Against Renewing the PTC.
"This renewable energy project further illustrates our commitment to renewable energy, the Department of Defense and the state of Hawaii."
Tri Global Energy Turns American Business Act on Climate Pledge into Reality with Solar Acquisition
Shows a 59 percent growth in solar installations since just last year.
Important Changes To ONCOR's 2016 Commercial Solar Incentive
Merger represents a pooling of resources by 2 of the premier solar companies in the Southeast.
200-kWp project combines ethical financing and cutting-edge technologies to bring economic benefits to low-income tenants
Reacting to minimal announcements of relevance to solar PV in the Chancellor's Autumn Statement, the Solar Trade Association has expressed disappointment.
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Solar & Wind - Featured Product
The Darfon G320 is the microinverter solution for today's high-power solar modules. The G320 handles 60- and 72-cell modules up to 350W DC and outputs up to 300W AC. The G320's 3-phase configuration accommodates the electrical distribution systems of most commercial buildings and to reduce, if not eliminate, the need for expensive transformers. The G320 comes in four voltage/phase configurations, so it can be installed in residential, commercial or utility applications.