Tag Archives: distributed solar
Distributed Solar Generation: 220GW by 2018
A recent Navigant Research report anticipates that the world will add 220 new gigawatts of distributed solar photovoltaics by 2018 as solar comes into parity with other energy sources, creating $540.3 billion in revenue in the process. That’s a significant jump in the amount of solar that is currently installed throughout world, which the European Photovoltaic [...]
Why Distributed Solar is a Big Deal
A buzzword often used in promotions for small-scale solar PV development is the term “distributed generation”. It’s a broadly defined term, partially because it’s still more of an idea than a tested alternative to centralized power grids common in most communities. Centralized electricity generation typically serves a large and diverse set of consumers from a [...]
The Role of Energy Storage in Distributed Solar Generation
A major selling point for residential solar generation is the advantages it brings of distributed generation. More precise load delivery, fewer losses in transmission and fewer costs in grid infrastructure and maintenance are just a few of the efficiencies provided by distributed electricity networks. However, many of these grid benefits, particularly when considering solar power [...]
$1B Distributed Solar Project Gets Financing
SolarCity is moving ahead with its landmark project to install solar PV on military housing complexes across the company. Bank of America Merrill Lynch announced they will finance the debt portion of the $1 billion project, and SolarCity will raise the rest through equity funds that qualify for the federal solar tax credit. Over the next five years, SolarCity will install solar systems that it [...]