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.
Tag Archives: NREL
Solar Energy News: Prince an Unknown Solar Energy Investor, Germany Generates 90% of Power with Renewables, SolarCity Launches New Loan Product
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.
Solar Energy News: Renewable Investments More than Double Fossil Fuel, Solar’s Role in Changing Cloud Computing and Versatile Tech, the Navy Goes Solar in New York
Solar finished off the month of March with another strong, momentous week in its rapidly expanding industry. New solar integration into cloud computing, NREL data that has doubled prior estimates for solar and innovation in solar rooftop modeling via online software are the top headlines from this week’s Solar Energy News.
Solar Energy News: GOP Has First Clean Energy Super PAC, ITC Extension Will Reduce Emissions by 1,400M Tons
The sun is shining on the U.S. solar industry this week. A major Republican initiative for clean energy, the lowest PPA price ever seen for solar, and solar outpacing natural gas in 2015 are the key headlines from this week’s Solar Energy News.
Solar Energy News: Stock Analysts Predict Fossil Fuel Takedown by Solar, NREL Breaks Efficiency Record
With the New Year underway and strong momentum into 2016, the solar industry is poised for impressive growth. Record-breaking conversion efficiency, potential state tax credit extensions in New Mexico and bold predictions from market insiders are the solar headlines that you need to know about in this week’s Solar Energy News.
New NREL study highlights benefits of solar loans vs solar leases & PPAs
Solar loans are gaining popularity as a solar financing option across the country. Because of the superior savings and similar benefits that solar loans promise, some industry analysts now predict that they will overtake third party-owned (TPO) solar leases and power purchase agreements (PPAs) as the dominant option for solar financing in the USA within a few years.
A new report from the National Renewable Energy Laboratory (NREL) examines this phenomenon and sheds more light on the possible advantages of financing your solar system with a loan as opposed to TPO solar lease / PPA.
The most important conclusion of the report is this: While going solar with either of these options is likely save you money on your electricity bills, financing your system with a solar loan could save you up to 30% more than if you go solar with a solar lease or PPA. Continue reading