Australia Company Introduces Solar Bitcoin Currency

An Australian company is introducing its own version of bitcoin that will let homeowners and businesses sell excess energy generated from their rooftop solar panels to neighbors, without a middleman taking a cut. As of Monday, Perth-based Power Ledger had sold about 57 percent of the 100 million so-called “power tokens” offered at 8.8 U.S. cents a…

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Solar Energy Company Likana Solar Thermal Granted Approval by Environmental Agency

SolarReserve yesterday said its 390-MW Likana concentrating sun oriented power plant got ecological endorsement from the Chilean government. The venture in the Antofagasta district of Chile will have 5.1-GWh of storage stockpiling. “The Chilean transmission system will have difficulty accommodating large amounts of intermittent power,” Tom Georgis, SolarReserve’s senior VP of improvement, said in an…

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Power Companies fighting uphill battle

Power companies across the country are fighting an uphill that they might not win. They are blaming homeowners for taking advantage of massive government savings programs. These incentives allow homeowners to use clean energy to reduce the cost to their solar energy projects at almost no cost. The government has highly incentivized homeowners to go…

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What is an SREC?

What is an SREC? SREC, (or Solar REC), stands for Solar Renewable Energy Certificate. An SREC is a certificate which can be traded that represents all the clean energy benefits of electricity generated from your solar electric system. SREC’s will be issued to you regularly as your solar panels generate each 1000 kiloWatt hours (see…

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