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6 Frequently Asked Questions about “Onsite Energy Photovoltaic Solar”
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.
What is photovoltaic solar energy?
Photovoltaic solar energy meets the challenges of decarbonization, optimizing energy costs and increasing energy independence.
Is solar photovoltaic electricity a viable energy source?
The cost of solar photovoltaic electricity has been divided by 10 in the last 12 years, making it one of the most competitive energy sources in the world today. It is now possible to dispose one's own autonomous energy ecosystems that can continuously meet up to 100% of one's own electricity needs.
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).
How many countries does a solar energy company operate in?
The Group designs, builds, operates, maintains and finances these solutions in more than 18 countries, supplying its customers with renewable energy produced on their sites, in the form of long-term electricity purchase contracts.
Does China offer a subsidy for onsite solar?
In addition, the Chinese government offers a subsidy for onsite solar generation of ¥.37/kWh (about $.06/kWh). In 2018, this subsidy decreased for the first time, and is expected to continue to decrease in the coming years.