Some believe that solar panels require direct sunlight to work. Those same people may believe that the UK is the world’s most unsuitable place to harness the sun’s energy. Well, they are wrong. More than 880,000 people in the UK use solar panels and Nissan has taken note. In mid-March, the car manufacturer joined the ranks of Mercedes-Benz, Renault and Tesla and launched their take on a complete home energy management system, which they named Nissan Energy Solar. For now, only UK residents can try it in their households. This idea of utilizing the most valuable part of its electric vehicles—the batteries—after they’ve lived their first life in one of the vehicles (or have been declared terminated post some accident) is new and golden. Nissan is making a bullish push into the energy storage industry, and it does it on three fronts at once: using homes as powerhouses; off-grid power storage; electricity generator park. The storage system Nissan proposes, the xStorage, is the result of a collaboration with Eaton Industries. The xStorage can have three power options: 3.6 kilowatts, 4.6 kW or 6kW. There are two battery options, 4.2 kW or 6kW. The average unit weighs nearly 300 pounds (135 kg). Benefits of the system include: Increased independence from the national grid and electricity providers Cost reduction on your electricity bill of up to 66 percent The ability to generate, store and manage energy for use overnight (despite cloudy weather) and charge Nissan electric vehicles. A six-panel system costs about $5,383 including installation. Full solar and storage systems start at roughly $10,589. This solar plus electric vehicles is clearly a match made in heaven. According to CleanTechnica, about 32 percent of the electric driving respondents have also installed rooftop solar power. In addition, this type...
CA’s New Solar Panel Law ...
Savings + Risks
Not long ago, California became the first state to require that all new homes have solar power: single-family and multifamily properties alike. The rule is part of the state’s commitment to cut greenhouse gases. It will go into effect in the next two years. Under the new law, developers must either equip individual homes with solar panels or build a shared solar-power system serving a group of homes. The rooftop panels can either be owned or made available for lease on a monthly basis. But are they covered by an insurance policy? Insuring the Vision Here’s what the folks at the Insurance Information Institute have put together: Most solar panels are considered a permanent attachment (like a deck) and thus are protected by a homeowner’s policy. However, check with your insurance company to know for sure. Another thing to consider is the coverage amount—your insurance policy’s coverage limit is the maximum amount that will be paid toward covering a loss. Ensure you have the adequate coverage limit, because despite the significant contraction in the cost of solar panels, it’s still not negligible. Your premiums will suffer. Some carriers allow solar energy systems owners to purchase an optional endorsement just for the panels. Others include the coverage in the dwelling coverage (coverage A) if the panels are on the roof of the home or under coverage B if the panels are on the ground or on the roof of a detached structure. Leasing the solar panels can make a big difference in your policy: if you install a system with a lease or power purchase agreement (PPA), you are not the owner of the system. In this case, the company with whom you have the agreement owns the panels and is responsible for their maintenance....
Floating Solar
International Outlook
Floatovoltaics is the name given to the floating solar plants that have started to pop up all over the globe—Japan, the UK, Brazil, the U.S. and Australia. This type of system is relatively new, but seems to gain popularity. It’s easy to understand why, the floatovoltaics preserve land, while minimizing the aesthetic impact. Kyocera TCL Solar LLC is one of the pioneers of the technology; they state that the floating system is not only typhoon-proof (due to their sturdy, high-density polyethylene and array design), but also superior to their land-based counterparts because of the cooling effect of the water, which enables them to work more efficiently. Kyocera’s word is to be listened to as they are the developers behind the largest floating solar power plant in the world—in a joint venture with Century Tokyo Leasing Corp. In 2016, the company started developing a 13.7-megawatt floating solar power plant on the Yamakura Dam reservoir, managed by the Public Enterprises Agency of Chiba Prefecture in Japan for industrial water services. The system will consist of approximately 51,000 Kyocera modules installed over a fresh water surface area of almost 2 million square feet. The project is expected to generate an estimated 16,170-megawatt-hours per year, enough to power almost 5,000 typical households, while offsetting about 8,170 tons of carbon dioxide emissions annually. The planned launch date for the solar plant on the Yamakura Dam is spring of 2018. Japan was somewhat forced to find new surfaces on which to install photovoltaic panels mostly due to the decrease in tracts of land suitable for utility-scale solar power plants. Other countries and regions view solar power as the solution to the drought that’s been drying up their hydroelectric plans. In 2015, Brazil announced that it will build an overwhelming 350-megawatt...