From ThinkProgress: A new study by the NC Clean Energy Technology Center finds that in all but 4 of the 50 largest cities in the U.S., installing a fully-financed 5 kilowatt solar panel system makes more financial sense than investing in a popular stock market index fund. Further, the same system would beat the costs of buying energy from local utilities in 42 of those 50 cities. “(S)olar is now not just an option for the rich, but a real opportunity for anyone looking to take greater control over their monthly utility bills and make a long-term, relatively low-risk investment,” concludes the study which was done under funding by the U.S. Department of Energy. A key qualifier in this good news study is that the benefits of installing residential solar photovoltaic systems are greatest when homeowners finance the systems (at an assumed annual interest rate of 5 percent) rather than buying them upfront. And the study does not investigate the availability of such loans. The study finds that in upfront purchases of solar, residents in just 14 out of the 50 largest U.S. cities would pay less for electricity than if they buy from their local utility. That upfront investment would be a better investment than the broad stock market index fund in 20 of the 50 cities. Cont'd....
In the US, lots of Chinese solar panel makers are doing the serious price promotion to digest their inventories, especially for low efficiency products. In EU, in addition to the weakening EURO against the USD, the slow demand recovery in key European market keeps prices from agumenting.
IHS Technology analysts top 10 predictions for the 2015 global photovoltaic (PV) market
Rather than focus on any one particular technology, the EFST training course educates the participants about the common technologies and service requirements that touch multiple markets, most notably the solar and electric vehicle charging equipment infrastructure.
The PV Racking clamp-free rail was a great solution for this carport, as it helped to eliminate rain water leaking through the arrays in comparison to a traditional clamp-based system.
Balko Wind will comprise 162 GE 1.85-87 wind turbines and is expected to produce enough energy to power about 111,000 homes.
Delta Electronics' 20kW PV Inverters Selected by Takara Leben for Japan's First Large-Scale (15 MW) Distributed Solar PV Power Plant
This 15MW solar project is expected to generate approximately 21,000,000 kWh of electricity per year, enough to power 3,700 homes.
SheerWind's industry-changing INVELOX to be designed, manufactured, and commissioned at Tampa Electric's Big Bend Power Station in Florida
SunEdison And Adani To Build Largest Solar Manufacturing Facility In India With $4 Billion Investment
The facility will create enough solar panels to fuel substantial solar growth in India, furthering India's goals for clean, renewable energy independence, and will add up to 20,000 jobs to the local economy.
SunShare and Mortenson Announce Strategic Agreement to Develop and Build Community Solar Gardens in Minnesota
The renewable electricity generated will be available to Xcel Energy residential, municipal and commercial subscribers as part of its community solar program throughout Hennepin, Dakota, Wright, Ramsey, Carver, Scott, Anoka, and Washington counties.
Nextronex Inc. Inverter Solution Selected by Indiana Municipal Power Agency for 9.74 MW Utility Solar Projects
The projects are scheduled to be commissioned in the middle of 2015.
Equal Earth announced that it has acquired Denver-based LED Enviroworks for an undisclosed amount. LED Enviroworks is a LED lighting company providing design, consultation and installation services to leading auto dealerships such as Acura, Ford and Mercedes Benz, as well as other large retailers.
The overall system is designed to last for 25 years and produce a minimum generation of 14 MWh/year.
Baker Insurance Brokers offers a range of insurance products for area clients. The firm promises full communication and access to clients.
Exclusive arrangement further broadens RedWind's service offering
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Solar & Wind - Featured Product
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