Laura Stern, co-founder and president of Nautilus Solar Energy, was a visitor on The POWER Podcast. Founded in 2006, Nautilus is a number one acquirer, developer, and operator of neighborhood photo voltaic tasks. During the previous 5 months, the corporate has acquired neighborhood photo voltaic tasks in Minnesota, Massachusetts, New York, Maryland, and Rhode Island.
Community photo voltaic refers to native photo voltaic services shared by a number of neighborhood subscribers who obtain credit score on their electrical energy payments for his or her share of the facility produced. This solar energy mannequin is being quickly adopted all through the U.S. According to the Solar Energy Industries Association—the nationwide commerce affiliation of the U.S. photo voltaic vitality trade—there was 1,294 MW of put in neighborhood photo voltaic capability on the finish of June 2018, with at the least one neighborhood photo voltaic venture on-line in 42 states. Furthermore, the group says the market will add as a lot as three GW over the subsequent a number of years.
Community photo voltaic permits householders, renters, and companies to have equal entry to the financial and environmental advantages of photo voltaic vitality era whatever the bodily attributes or possession of their houses or companies. It’s notably helpful for low-to-moderate revenue clients most affected by an absence of entry, and it helps construct a stronger, more-distributed and -resilient electrical grid.
“It’s type of one of the best of each worlds,” Stern stated. “It is one of the best bodily configuration of a photo voltaic plant, and it’s one of the best type of off-take when it comes to diversifying your threat amongst various subscribers, not being captive to an on-site buyer, and having the ability to replace that listing of consumers as your venture advances.”
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—Aaron Larson is POWER’s govt editor (@AaronL_Power, @POWERmagazine)
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