Financing Commercial Solar Projects
Power purchase agreements (PPA) are quickly becoming the financing option of choice for commercial solar installations. The PPA allows a customer to purchase solar energy at a known cost for the length of the contract (typically 20 years) without incurring the upfront costs of purchasing a solar power system. Using a PPA can make solar energy less expensive than electricity purchased from the grid, especially in states like California. Due to the long-term nature of the contract, it is important that companies fully understand the benefits and risks associated with these types of agreements. Selecting the right partner for financing a solar installation is a key component to the continuing success of the project.
Source: http://feeds.novustoday.com/~r/SolarNovus/~3/bKT4QWf_kKM/index.php
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Solar Power International is the ideal platform to showcase solar energy innovations, and what better way to kick off the show than a technology tour in downtown Dallas.
Protectionism in the renewable energy industry takes many forms depending on location and sector. For example, in the U.S., Ohio is stringently enforcing a law that half of its mandated renewable energy must be supplied through in-state production.
Balancing power supply and demand is always a complex process. When large volumes of renewables such as solar PV, wind and tidal energy, which can change abruptly with weather conditions, are integrated into the grid, this balancing process becomes even more difficult.
In their 1969 bestseller "The Peter Principle" Laurence Peter and Raymond Hull quoted a Latin-American student named Caesare Innocente who lamented, "Professor Peter, I'm afraid that what I want to know is not answered by all my studying. I don't know whether the world is run by smart men who are, how you Americans say, putting us on, or by imbeciles who really mean it." After watching the events of the last few weeks, I think most of my regular readers would agree that the imbeciles are clearly steering the ship.