Solar Energy: Will Perovskite Cells Live Up To Their Promise? – NASDAQ.com
Net metering allows customers to connect to the electric grid and receive retail credit on their utility bills for excess energy their system produces, helping make solar installations more financially feasible. Really, theres no reason to have caps on net metering, Hellerstein said. Gov. Charlie Baker’s administration has opposed a short-term increase in the caps without a long-term solution around lowering costs for ratepayers and promoting clean energy, State House News Service reported last month. “Rather, we believe it is extremely important that any adjustments to the caps be accompanied by meaningful changes to the mix of incentives and proper consideration of the role of the ratepayers,” state officials wrote in a net metering task force report released in April. Page 2 of 4 – Some utility company officials, including a National Grid lobbyist, have opposed lifting the cap since customers without solar panels would face higher costs, State House News Service reported.
For the original version including any supplementary images or video, visit http://www.metrowestdailynews.com/article/20150613/NEWS/150617856/1994/NEWS?rssfeed=true
Watch Out Fossil Fuels: Costs Continue to Drop for Solar Energy – NASDAQ.com
The big advantage here is the summers are so mild that solar panels are much more efficient. That is something people dont realize, Haziq said. Places where it is very sunny tend to be very hot as well, so solar panels are less efficient. Here, it may be cloudy, but temperatures are also much lower, so the solar panels are much more efficient, because you get less resistance at lower temperatures. Electricity travels better. Reach Ray Still at [email protected] or 360-825-2555 ext. 5058.
For the original version including any supplementary images or video, visit http://www.maplevalleyreporter.com/news/307044851.html
Solar projects promise savings but face deadline – News – MetroWest Daily News, Framingham, MA – Framingham, MA
Nitin Padture, Director of the Institute for Molecular and Nanoscale Innovation, thinks these cells could be used to make power-generating windows. They can be produced in a range of colors, so they could even be decorative. It is not clear how manufacturers will overcome the perovskites instability to achieve this application. Still, a few are pretty gung ho about the idea. Oxford PVthe same startup that hopes to go to market in 2017would like to coat office buildings in perovskite cells . The company estimates that a 35-story building in London could generate 60% of the electricity it uses. Perhaps it is too early to give up hope. Keith Emery describes the gains in stability that have been made for another solar technology: in the early days of organic PV they were as unstable as perovskite cells (>50% loss after a few hours in air).
For the original version including any supplementary images or video, visit http://www.nasdaq.com/article/solar-energy-will-perovskite-cells-live-up-to-their-promise-cm486362
More cost reductions are needed The progress above is indeed impressive, but the industry needs to do a lot more in the way of cost reductions to stay competitive over the next decade. The investment tax credit (ITC) that gives project owners a 30% tax credit of the project’s cost, effectively giving solar projects a 30% discount. But that subsidy will fall to 10% (0% for residential solar owners) in 2017 if it’s not extended and GTM Research is expecting a big drop in solar installations when it does. Source: SEIA, GTM Research U.S. Solar Market Insight Report Q1 2015 According to GTM Research Senior Vice President Shayle Kann, commercial and utility scale projects are most price sensitive because they’re going head to head with grid and natural gas plant prices respectively. Margins will be slashed if costs aren’t reduced in the next year and a half or installations will drop because projects can’t be built competitively. Residential solar will also be affected but according to Kann the residential solar market isn’t going to be as sensitive to the ITC because it has higher margins and companies will focus on a small number of markets where they’re still competitive with grid prices.
For the original version including any supplementary images or video, visit http://www.nasdaq.com/article/watch-out-fossil-fuels-costs-continue-to-drop-for-solar-energy-cm486742