With the holiday season behind us and the U.S. workforce back in full throttle, major solar stakeholders laid out planning for 2017 and reported on solar’s record year this past week. A bullish future for renewables under Trump, strong words from President Obama on clean energy’s momentum and Tesla’s new solar-powered mega factory are the three headlines that are turning heads in this week’s Solar News report.
The biggest annual conference in the solar industry, Solar Power International, was this week, and with SPI’s industry buzz came a number of exciting developments in solar. A major net metering win for Nevada homeowners, a new wearable textile that can integrate solar cells and news of North Carolina dethroning Arizona as the number two state for solar are the headlines we’re talking about in this week’s Solar Energy News report.
With summer’s end just around the corner, the solar industry has been busy as homeowners gear up to install panels before the cold months ahead. The launch of Virginia’s new community solar garden, the notable success of Texas as a leader in renewables and a major amendment for Florida that will turn up the dial on solar growth are the bright headlines that caught our eye in this week’s Solar Energy News Report. Continue reading →
A number of interesting developments emerged this week in the space of technical innovation and environmental protection with one common theme: solar. Solar’s momentum is as strong as ever now that wearable solar batteries do not need to be charged, NREL has forecasted $400 billion in environmental benefits from solar and Nevada homeowners may receive net-metering protection.
Adoption of renewable energy technologies has exploded across the world in recent months, and thanks to the bright summer sun at our doorstep, solar growth shows no sign of stopping. News of Prince’s solar energy advocacy, SolarCity’s newest loan product and 90 percent renewable energy generation in Germany are the headlines we’re reading in this week’s Solar Energy News report.
As a result of solar PV cost declines, rising utility rates, and supportive public policies and incentives, residential rooftop solar PV has become an affordable option for millions of customers, especially in America’s 50 largest cities. This is especially true if customers have the ability to access low-cost financing options like longer-term loans, leases, and third-party power purchase agreements (PPAs) that eliminate the upfront cost. Thus, the availability of solar PV (and other ways to more efficiently use energy) has caused many customers to seek their own degree of personal “energy independence” by focusing on ways they can diversify their energy choices and exert greater control over their utility bills.
However, most of the customers who want a greater degree of personal energy independence (and the community leaders who wish to help them get there) often do not understand (or are simply unaware) of how solar PV technology can help them save money and reap the rewards of a largely risk-free long-term investment. Often, the lack of familiarity most customers have with solar PV has the effect of increasing the costs (often called “customer acquisition costs”) that solar PV installers must incur to educate consumers and make a sale. When one considers that selling more PV systems is how solar installers can reduce their other costs and make their businesses leaner, more competitive, and cost-effective without incentives, educating customers and community leaders about the “dollars and cents” value of solar PV truly is paramount. Continue reading →