How To Access Financing For Your Next Commercial Solar Project
Borrowers may underestimate the extent to which they need to be prepared before soliciting project financing. There are six key documents essential for obtaining capital for financing any solar project.
Nevada Court Rejects Solar Power Ballot Initiative As 'Inaccurate' And 'Misleading'
Samantha Page for ThinkProgress: The Nevada Supreme Court on Thursday rejected a solar industry-backed measure that would have let voters decide how customers are paid for the electricity they put back on the grid.
The November referendum would have allowed voters to overturn a Public Utilities Commission (PUC) decision from late last year that gutted the state’s net metering program — a rate design element that ensures solar owners are paid retail rate for the electricity they put back on the grid.
The court ruled that the description included in the referendum was “inaccurate,” “misleading,” and “argumentative,” the AP reported.
But the industry was not bowed after the ruling, saying it would continue to fight to set fair rates for solar homeowners. Cont'd...
Nevada Court Rejects Solar Power Ballot Initiative As 'Inaccurate' And 'Misleading'
Samantha Page for ThinkProgress: The Nevada Supreme Court on Thursday rejected a solar industry-backed measure that would have let voters decide how customers are paid for the electricity they put back on the grid.
The November referendum would have allowed voters to overturn a Public Utilities Commission (PUC) decision from late last year that gutted the state’s net metering program — a rate design element that ensures solar owners are paid retail rate for the electricity they put back on the grid.
The court ruled that the description included in the referendum was “inaccurate,” “misleading,” and “argumentative,” the AP reported.
But the industry was not bowed after the ruling, saying it would continue to fight to set fair rates for solar homeowners. Cont'd...
Renewable energy storage revolutionised by flywheel device
Tereza Pultarova for Engineering & Technology Magazine: A flywheel-based device invented by a Lancaster University student could help solve the renewable energy storage problem, offering a better alternative to battery technology.
The Flywheel Energy Store, designed by 21-year-old Abigail Carson, retains energy kinetically in a levitating floating mass. The flywheel, about the size of a football, doesn’t require any additional control mechanisms, inputs or maintenance.
“The global energy crisis is the biggest and most urgent problem that needs addressing,” said Carson, who is awaiting a patent for the device. “The Flywheel Energy Store can be used for a vast range of applications – most significantly in providing energy security and independence for everyone globally, but also including eliminating waste in power networks, pumping water to villages and allowing for cleaner cooking and heating in developing countries, instant charging of electric vehicles, and off-grid energy storage.”
Carson’s flywheel can rotate at up to 144,000 revolutions per minute (rpm). The majority of existing flywheel designs usually achieve a maximum of around 60,000rpm. Cont'd...
Advances in Inverter Technology
Functioning as the brain of the PV system, advanced inverter solutions are now responsible for communications, monitoring, smart energy management, storage, grid interaction, safety and more.
Upcoming Tradeshow, Conference & Exhibition Summary - September - December 2016
Here is a summary of what Tradeshows, Conferences & Exhibitions to look forward to in the coming months.
Chernobyl is to become the world's largest solar power plant
ALEXANDRU MICU for ZME Science: The Ukranian government plans to turn Chernobyl, the site of the world’s most famous nuclear meltdown, into a sprawling solar power plant — the largest in the world.
Since the meltdown on April 26, 1986, no one’s been able to find any good uses for Chernobyl. A 1,600 square mile area was drenched in radiation and deemed an “exclusion zone,” so everyone was evacuated after the clean-up efforts were concluded and the plant was sealed in its ubiquitous sarcophagus. The buildings, goods, and infrastructure in the area were abandoned so fast that the city looks like time froze there 30 years ago — albeit with a Falloutesque look. Since we left, nature took over, and for the most part, is thriving in our absence (though the microbes that decompose dead organic matter seem to be having a hard time living here.)
In a recent interview, however, Ukraine’s ecology minister Ostap Semerak said that the government is negotiating with two US investment firms and four Canadian energy companies to develop Chernobyl’s solar potential. The area is uniquely suited for the purpose — the land is extremely cheap, much of the required infrastructure, such as roads are already built. Even better, the power lines that served the old 4GW reactor are still useable. Cont'd...
Transmission's Role in a Clean Energy Future
The power grid serves as the interstate highways of our electric system. A modern, flexible system for delivering electricity generation over long distances is essential to the nations successful transition to a clean power future.
New High-Temperature Device Captures a Broader Solar Wavelength Spectrum and Improves Solar Cell Efficiency
Using a heat-resistant device, made of tungsten and alumina layers, researchers from Aalborg University have found that the device can absorb the suns broad spectrum radiation and convert it to electricity
New York Should be Applauded for Setting a 50 Percent Clean Energy Standard
Following is a statement from Sean Gallagher, vice president of state affairs at the Solar Energy Industries Association (SEIA), on the New York Public Service Commissions approval of a 50 percent Clean Energy Standard by 2030:
NREL Technique Leads to Improved Perovskite Solar Cells
Scientists at the Energy Department's National Renewable Energy Laboratory (NREL), in collaboration with researchers at Shanghai Jiao Tong University (SJTU), devised a method to improve perovskite solar cells, making them more efficient and reliable with higher reproducibility.
Tesla Lowers Bid, Agrees to Pay $2.6 Billion for SolarCity
Chris Martin for Bloomberg Technology: Elon Musk’s Tesla Motors Inc. reached an agreement to buy SolarCity Corp. for $2.6 billion, about $300 million less than an initial proposal criticized as a “bailout” for the solar company in which he’s the largest shareholder.
SolarCity investors will receive $25.37 a share in stock under the agreement, according to a statement Monday. Musk initially offered $26.50 to $28.50 a share in Tesla stock. Analysts have said in the past that the bid was too low and investors have questioned the wisdom of Musk combining his electric-car maker with the clean-energy company. The deal, which allows SolarCity to solicit competing takeover offers through Sept. 14, will now go to the shareholders of the companies for approval. Cont'd...
DONG Energy Praises Massachusetts for Strong Commitment to Offshore Wind
Energy bill opens door to U.S. commercial offshore wind market
Molten storage and thermophotovoltaics offer new solar power pathway
Georgia Institute of Technology: New computer modeling suggests that high temperature TPV conversion -- which captures infrared radiation from very hot surfaces -- could one day rival combined-cycle turbine systems when combined with thermal storage using liquid metal at temperatures around 1,300 degrees Celsius. Advances in high-temperature components and improved system modeling, combined with the potential for conversion costs an order of magnitude lower than those of turbines, suggest that TPV could offer a pathway for efficiently storing and producing electrical power from solar thermal sources, a new study suggests.
The underlying technologies of high temperature storage and thermophotovoltaic conversion could also be used to produce grid-scale batteries able to rapidly supplement other power sources by storing heat for quick conversion to electricity. The research, supported by ARPA-E, was reported July 4 in the journal Energy and Environmental Science by researchers at the Georgia Institute of Technology. Cont'd...
Flight to the future: Solar Impulse shows we can run the world without consuming the earth
The lessons of Solar Impulse are clear: by pushing the boundaries of technology, and refusing to accept limits, technological or psychological, we can run the world without consuming the earth, and reach heights we never believed were possible.
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