5 Economic Benefits of Solar Energy

KATELYN | September 24, 2018

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People often ask themselves “what’s so great about solar energy?” We are here to answer that question and many more about solar. Solar power has become a leader in renewable energy & can easily help you become a leader in sustainable energy in your area. We do our best to ensure going solar fits your budget and helps you save (and earn!) money along the way. You can even use some of the savings and earnings from solar incentives to pay back the money you’ve borrowed.

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SolPowered Energy Corp.

SolPowered Energy Corporation is a Canadian solar energy developer that installs, operates and maintains medium and large photovoltaic (PV) solar systems on building rooftops. Since launching in Ottawa in 2009, SolPowered has grown its bilingual core team to seven and strengthened its reputation as an innovator of renewable, sustainable and profitable green energy solutions. Inspired by Germany’s installation of PV systems on more than 100,000 rooftops, SolPowered is dedicated to promoting and growing this social, economic and environmental phenomenon across Canada and in other countries.

OTHER ARTICLES

Electric vehicles could turn solar households into autonomous energy units

Article | February 17, 2020

Many discussions abound on how Australia can reach renewable energy targets of 50 per cent and much more. Many experts believe achieving this goal will depend on the availability of a low cost, bulk energy storage infrastructure. Pumped hydro has received much attention in this regard. While technically feasible, bulk storage still requires transmission and distribution infrastructure that is not only costly but will take considerable time to implement. A far simpler and cost effective route is the bottom-up approach of turning each house into an autonomous energy unit. The use of solar panels in homes and small industry has proven to be remarkably successful.

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Will the Coronavirus Bring Clouds to this Solar Energy ETF?

Article | April 1, 2020

The capital markets are well aware of the stress and strife that coronavirus is putting on oil prices as the commodity continues to test new lows. One byproduct of the pandemic, however, that might not be getting enough coverage is the cloudy doom and gloom that the virus is bringing to the solar energy space. Solar energy businesses are also feeling the pinch, but not getting the support they desire from the federal government. “As Congress continues to address the ongoing COVID-19 crisis, we appreciate that they are prioritizing relief for families and small businesses,” said President and CEO of the Solar Energy Industries Association Abigail Ross Hopper. “There are several elements in this legislation that can help solar businesses and solar workers, including long-term unemployment insurance, business loans and provisions that support employee retention and other employee protections. We will be working to help our members understand what resources are available to them as a result of this legislation and how they can use those resources to help get through this difficult time.”

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What the Renewables Industry Wants From the Next Stimulus Bill

Article | April 1, 2020

The U.S. renewables industry was left out of the $2.2 trillion coronavirus stimulus bill passed last week, but the battle is far from over. Congress is already considering further legislation to rescue the economy from the ravages of the COVID-19 pandemic, and renewable energy groups are ready to bring their proposals back to the table. As with the last stimulus bill, the industry's plans center on securing changes to two federal policies: the Investment Tax Credit (ITC) for solar power and the Production Tax Credit (PTC) for wind power. Renewables groups have a powerful claim to make as they push for those changes: Unlike many of the industries seeking hundreds of billions of dollars in collective aid, the desired tweaks to the renewable tax credits would not add significantly to the federal government's costs.

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Toyota Green Energy could focus on offshore wind for hydrogen

Article | April 9, 2020

The world’s largest automotive company, Toyota, has announced a joint venture to enter the renewable power generation industry, setting up Toyota Green Energy in its home country of Japan. While initially this will focus on powering the company’s operations with clean electricity, the long-term could see the venture shift its focus towards the production of green hydrogen for use in Toyota’s fuel-cell vehicles. Last Friday, Toyota Motor Corporation announced an agreement with Chubu Electric Power and Toyota Tsusho Corporation to establish their new partnership in July, with the purpose of obtaining and managing renewable energy resources in Japan to power the operations of the Toyota Group.

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Spotlight

SolPowered Energy Corp.

SolPowered Energy Corporation is a Canadian solar energy developer that installs, operates and maintains medium and large photovoltaic (PV) solar systems on building rooftops. Since launching in Ottawa in 2009, SolPowered has grown its bilingual core team to seven and strengthened its reputation as an innovator of renewable, sustainable and profitable green energy solutions. Inspired by Germany’s installation of PV systems on more than 100,000 rooftops, SolPowered is dedicated to promoting and growing this social, economic and environmental phenomenon across Canada and in other countries.

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