Friday, March 6, 2020
Solar power plants can last 40 years or more
Did you know that when a solar power plant is built, it's usually backed by a power purchase agreement with a customer that lasts 20 to 25 years. But that doesn't mean such plants will be worthless two decades later. Not only will solar panels last 40 to 50 years, but the infrastructure around a solar power plant has a lot of value. Solar panels could be replaced with new, more efficient modules at relatively low cost, thus improving performance, but once a site is established and the infrastructure is built, a solar power plant has a very long effective lifespan.
Wednesday, March 4, 2020
Solar power is the most Abundant energy source on earth
Did you know that there's enough solar energy hitting the earth every hour to meet all of humanity;s power needs for an entire year. Every ounce of oil, every lump of coal, and every cubic foot of natural gas could be left in the ground if only we could capture one hour's worth of solar energy each year. That's the scale of the opportunity. To put it into a different perspective, if we covered the Mojave Desert with solar arrays, it would generate more than twice as much electricity as the U.S. uses annually.
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