….This shift toward PV has shaken up the industrial-scale solar industry, known as Big Solar, and diminished the triumph of BrightSource getting Ivanpah online. Large photovoltaic plants can now produce power at rates up to 52 percent cheaper than concentrating solar, according to Bloomberg data. “Utilities have very little reason to contract with a [concentrating] solar project when they can contract with a PV project at a …
FORTUNE – One of the great — and somewhat obvious — shortfalls of solar power is that these systems cannot generate electricity when the sun’s not shining. Now a number of companies including Tesla (TSLA), BYD, and Bosch are offering a new generation of lithium ion battery storage systems — similar to those used to power electric cars — to capture electricity generated by residential solar systems. Put …
Renewable Solar & Wind Energy Produced As Much As 60% Of Germany’s Electricity October 3rd Solar and wind energy production accounted for as much as 60% of Germany’s electricity use on October 3rd, according to a new study from energy consultant Bernard Chabot. At peak production — right around 12pm that day — wind energy and solar energy were producing about 59.1% of the northern country’s …
Increasing the amount of renewable energy on the grid increases maintenance costs for coal- and natural gas-fired power plants, but savings generated by not buying fossil fuels outweigh those costs, according to a new study from the National Renewable Energy Laboratory (NREL) in Golden.
It’s taken 60 years, but solar is tantalizingly close to beating fossil fuels on price. The prices of solar cells are falling rapidly, and will keep doing so for the next few years. The big questions revolve around the rate of the price declines. And the panels themselves aren’t the only place where cost reductions will be found. America has very high “soft costs” — installation, …
To power the system, Musk said it could use solar and that by covering the tubes from San Francisco to Los Angeles with solar, the system could generate 285 megawatts at peak, which would make it among the largest solar installations as well. “The Hyperloop as a whole is projected to consume an average of 28,000 hp (21 MW),” Musk wrote. “This includes the power needed to …
With all the controversial climate and clean energy legislation in North Carolina in the past year, one might be surprised to hear that the state ranks fifth in the U.S. in the amount of solar power installed in the first quarter of 2013. “With leadership and supportive policies, our state is poised to become a national leader in solar energy,” said Molly Diggins, state director of …
Case in Point: Pitched roofs or math — what matters for solar? By Anton Ovchinnikov,June 14, 2013 The big idea: If a company like Wells Fargo installs solar panels on even a fraction of its 6,000 retail stores coast to coast, it could become one of the largest and most sustainable U.S. solar energy producers. But does it “make cents?”
Lincoln Financial Field generating energy with solar panels, turbines By Sandy Bauers, Inquirer Staff Writer Posted: April 16, 2013 The Eagles’ newest player is a real powerhouse. The stats are electrifying: On a recent sunny day, this bulky unit churned out 21,033.7 kilowatt hours, nearly enough to power two average homes for a year. Yes, the long-awaited solar panels and wind turbines at Lincoln Financial Field …
Walgreens to build first net-zero energy retail store Evanston, Ill., location will utilize solar panels, wind turbines, and geothermal Walgreens announced plans last week to build one of the nation’s first net-zero retail stores. The Evanston, Ill., location will utilize solar panels, wind turbines, geothermal technology, LED lighting and ultra-high-efficiency refrigeration to produce energy equal to or greater than the building consumes.