Why Solar Power Could Hit a Ceiling

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 Solar Photovoltaic Power Plant Project Named 2015 Best Project Safety Award of Merit Winner

Fluor completed the project safely by working more than 700,000 construction hours with no lost-time accidents and no recordable incidents.

Accio Energy Awarded $4.5 Million from ARPA-E for Transformational Offshore Wind Energy Technology

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 Closes Financing from GE and MetLife

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

SolarCity Opens Regional Workforce Training Center in West Las Vegas

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.

Canadian Solar Subsidiary Recurrent Energy Partners in 157 MW Texas Solar Project

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.

NextEra Energy Resources to build, own and operate solar energy systems for U.S. Navy in Hawaii

"This renewable energy project further illustrates our commitment to renewable energy, the Department of Defense and the state of Hawaii."

Tri Global Energy Expands with Addition of Solar Division, Acquires California-based Solar Company

Tri Global Energy Turns American Business Act on Climate Pledge into Reality with Solar Acquisition

New report finds more American businesses are installing solar than ever before

Shows a 59 percent growth in solar installations since just last year.

Texas Solar Industry Crosses Fingers On Oncor's 2016 Commercial Solar Rebate

Important Changes To ONCOR's 2016 Commercial Solar Incentive

Sustainable Energy Solutions and Solbridge Energy Plan Merger to Form Southern Current

Merger represents a pooling of resources by 2 of the premier solar companies in the Southeast.

Upsolar and la Nef Deliver Clean Energy through 25 Social Housing Units in France

200-kWp project combines ethical financing and cutting-edge technologies to bring economic benefits to low-income tenants

Solar industry disappointed with Autumn Statement

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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