Solar Power Is Competitive When Viewed In the Broader Context of Our Total Generation Profile, Environmental Costs and Economic Costs of Capital Outflows to Import Oil
In our previous post we discussed a specific solar project example. We received many comments related to the post and wanted to share some of Pace Global’s additional thoughts regarding the value of solar energy projects and the prudency of the governmental policies that support solar power.
The comments we received centered around the following themes:
Certainly, we agree that output data would be useful for consumers. Many systems installed today do provide web-based access to this type of data.
It is true that solar represents a very small percentage of the installed capacity today but the industry is in an infant stage and assuming policies continue that support solar, installed capacity could reach between 5-10% of total generation by 2025. It