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Solar Power Premium Onsite

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6 Frequently Asked Questions about “Solar Power Premium Onsite Energy”

How can on-site solar PV & energy storage improve sustainability?

To achieve sustainability goals while meeting the increasing electricity demands of electrification, organizations are pairing on-site solar PV generation with on-site energy storage. These systems, which are considered as “behind-the-meter” (BTM) systems, allow facilities to maximize the benefits of on-site renewable generation.

How can onsite solar and PPA help your business?

The combination of an onsite renewable installation and PPA is a great way for businesses to secure a resilient and future-proof energy supply. A rooftop solar installation in a large supermarket, for example, can supply around 15% of the annual electricity demand and up to 60% of the electricity demand during peak production times.

What is an onsite renewable installation?

An onsite renewable installation— for example, on the roof of your commercial or industrial building— can be used to supply energy for your business. With an onsite PPA, you pay a fixed price per kWh for the energy produced and used on your site.

What are the benefits of an on-site solar PV system?

For the scenario represented in the graph, an on-site solar PV system allows the facility to reduce the amount of electricity drawn from the grid during the middle of the day. Increasing the amount of solar PV production on-site can provide additional cost and emission reductions and resiliency benefits for facilities.

Should you install solar onsite via a PPA?

Installing solar onsite via a PPA requires zero upfront capital expenditure and—due to the low price of solar in China—onsite installations offer significant opportunity for energy cost savings and progress on environmental performance.

Is onsite solar a good option for C&IS?

Onsite solar is the primary opportunity for corporates to focus on in China. A steep drop in costs has resulted in greatly improved returns, making PPAs for onsite generation an attractive option for C&Is. In addition, the Chinese government offers a subsidy for onsite solar generation of ¥.37/kWh (about $.06/kWh).

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