Market Analysis Insights
Think of it like Costco or Sam's Club for purchasing solar photovolatics (PV). Some savvy folks in Oregon thought it would be a great idea to buy PV in bulk for their neighborhood to get a big volume discount and share the savings with neighbors.
Utility-scale solar is still something of a novelty in the renewable energy ecosystem. Large-scale deployment of these multi-megawatt (MW) installations has only recently been enabled in the United States by two key pieces of federal legislation and state-level implementation of renewable energy standards.
Apparently little happened in the way of new, operational geothermal plants in 2011, if you look at the Geothermal Energy Association's 2012 annual Power Production and Development report . Although the United States remains in the lead globally in terms of installed capacity with 3,187 MW, only 91 MW of additional capacity came on line last year (not subtracting
Today, BIPV only claims about a 1% share of total PV installations worldwide , but several analysts foresee good times ahead for this niche technology.
Until recently, the low-income housing community has been a tough nut for the solar industry to crack.
Will Solar Projects Need Tax Equity in the Future? Yes, but Baby Steps Toward Securitization Improve the SituationSubmitted by Michael Mendelsohn on Wed, 04/18/2012 - 9:00am
I've written in various places about the need for tax equity to finance renewable energy projects—particularly solar. I was under the assumption that tax equity may be a thing of the past. Now, I'm not so sure. You may know that the investment tax credit (ITC) declines from 30% to 10% of eligible capital costs in 2017.
The Overseas Private Investment Corporation (OPIC) may be the largest source of financing for renewables you've never heard of.
A new report from the finance team models the effects of tax equity partnership structures on the levelized cost of energy (LCOE) from utility-scale concentrated solar power and PV facilities.
With PV module prices currently in freefall, there is quite a bit of talk about the coming age of solar PV grid parity (when the cost of PV is equivalent to electricity from your utility).
Federal agencies have access to a contracting mechanism that can potentially make the cost of solar energy the same amount or less than buying regular electricity from their utility in areas with attractive incentives, high electricity costs and/or an excellent solar resource: the on-site renewable power purchase agreement (PPA).