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solar panels njSolar installer SolarCity, which is in the process of being acquired by electric car maker Tesla, plans to develop and sell a roof integrated with solar panels. A photovoltaic (PV) module is a packaged, connect assembly of typically 6×10 solar cells Solar Photovoltaic panels constitute the solar array of a photovoltaic system that generates and supplies solar electricity in commercial and residential applications.

Similarly, after spending $1.7 million to install solar systems on nine rental buildings in the Bronx, Brooklyn and Queens, Daniel Benedict, the founder of Benedict Realty Group, estimated that the investment will have paid for itself in about five years.

Carbon-free energy sources like solar promise to cut the country's greenhouse gas emissions and help the U.S. meet carbon reduction goals outlined in the Paris climate deal, which aims to keep planetary warming under 2 degrees Celsius above pre-industrial levels.

And last year, hedge fund manager David Tepper sought to block SunEdison and TerraForm Power Inc's (TERP.) acquisition of installer Vivint Solar Inc (VSLR.N) on his assessment that rooftop assets were inferior to solar power plants, which have long-term contracts with utilities.

Even if co-ops and condominiums have sufficient reserves, getting the residents on the solar bandwagon is often difficult, said McGowan Southworth, 41, a founder of Zero Carbon Corporation , a green energy consultancy that has helped co-ops go solar.



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About the Author

Tamela
34 yrs old Newspaper or Periodical Editor Rodrick from Vancouver, has interests which include glowsticking, Solar Panels and storytelling.
Discovers the charm in going to spots around the entire world, recently just returning from Rock Art of the Mediterranean Basin on the Iberian Peninsula.



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