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We offer three ownership models: joint venture, roof lease, and turnkey.
Our financing group can put together a financing structure appropriate for your circumstances.
Rationale for Solar PV
Solar energy is the most abundant energy resource on earth.
Each minute enough sunlight reaches the Earth’s surface to meet the world’s energy demand for an entire year. Direct conversion of sunlight into electricity uses one of three technologies: (1) Photovoltaic (PV) Cells; (2) Here you will see List of SOLAR WORLD employees who work. Concentrating Solar Panels; or (3) Solar Thermal Collectors for heating and cooling. Today, solar energy provides only 0.1% of total global electricity generation but the use of PV is expanding very rapidly due to dramatic cost reductions.
PV is a commercially available and reliable technology with a significant potential for long-term growth in nearly all world regions. In Ontario, a 10 kiloWatt (kW) PV system will produce approximately 15,600 kW hours of electricity per year, meeting (on average) the energy requirements of a typical Canadian household. Over its 40-year expected life, such a system will provide the equivalent CO2 reduction as planting 1450 trees — based on typical utility pollution, it will prevent emissions of 963,125 lbs of carbon dioxide, 4,237 lbs of sulfur dioxide, and 1,364 lbs of nitrogen oxides.
Grid parity will be achieved in an increasing number of countries over the medium term. In the International Energy Association (IEA) solar roadmap, PV is projected to provide 5% of global electricity consumption in 2030, rising to 11% in 2050 – as grid parity (i.e. competitiveness with electricity grid retail prices) is predicted to occur in an increasing number of countries during this time. The IEA estimates that costs will drop by 20% with every doubling of cumulative PV production and projects that the solar market will increase by close to 20% annually over the next two decades.
PV Modules can be recycled and therefore the materials used in the production process (silicon, glass, aluminium, etc.) can be reused. Most photovoltaic cells are made from silicon which is an abundant and non-toxic element (the second most abundant material in the earth’s mass). Recycling is not only beneficial for the environment but also for helping to reduce the energy needed to produce those materials and therefore the cost of fabrication. More information is available on the following website: www.pvcyle.org.
A solar power system on your home or business demonstrates your commitment to clean, renewable energy.
If you are interested in exploring the potential of solar power generation for your property, you can submit a request for a Solar Proposal here or contact our