Why Is Everyone So Excited About Solar?

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By Michal Bacia

Why is everybody so excited about solar?

In short: it is a secure, highly profitable investment at zero cost. That means there is no need to spend money on this investment in order to enjoy the profits. Seriously! Oh, by the way, it helps the planet too! … and creates local jobs!

Imagine somebody offering you this deal: invest nothing now and enjoy secure revenues for the next 100 years, while improving the economy and the environment at the same time. Would you turn this offer down? Sound too good to be true? It isn’t. Solar energy is that good!

Credit: Michael Hicks
Credit: Michael Hicks.

The revolution is here

The Green Revolution. But this revolution is not about the planet or the environment, even though that is a by-product. This revolution is green as in dollar green, money green. It’s all about YOUR money.

We continuously experience revolutions in communications and information technology. Our entire virtual world was created with its own market, its own economy. Fortunes were made and lost because of the magnitude of the process and the fact that no one expected it. The Internet was a “black swan.”

The ‘black swan theory’ or ‘theory of black swan events’ is a ‘metaphor’ that describes an event that comes as a surprise, has a major effect, and is often inappropriately rationalized after the fact with the benefit of ‘hindsight’.” Solar photovoltaic (or “PV”) is a black swan in the global energy and financial markets. It is a game changer. By being democratic, scalable, and cheaper each year, the technology makes existing concentrated energy generation business models obsolete. The key word here is “scalable.” This means systems can be designed as small or as large as needed to meet the exact energy demand of a building or facility. Therefore, systems can be installed on the property, where the energy is consumed, eliminating the need of transferring electricity. This saves costs and energy losses, and makes the energy supply more robust and stable. This is referred to in the industry as Distributed Generation (or “DG”).

A DG energy project is defined here [in the book linked below] as a project where solar PV systems are installed on site to meet the internal energy demand of an organization. Energy generated on site is typically consumed on site. Systems can also be grid connected to make sure electricity is available at night and to export surplus energy back to the grid. However, the main assumption is that the energy from a DG system is to offset your demand.

The above excerpt is from How to choose the best solar system and financing offer for you, a solar energy book explaining the ins and outs to the everyday user. It is a step-by-step guide showing people how solar is beneficial for them, the process of going solar, and the key aspects of solar financing. If you’re interested, you can click through and buy the book via the Amazon link below. [Note: this article was not sponsored and CleanTechnica gets nothing from you clicking the link below and/or buying the book.]

About the Author: Michal Bacia is a solar energy project manager and consultant as well as an author. He recently completed 3 solar sites in the UK (20MWp in total) and published this book about solar energy for anyone who uses electricity.

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