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SolarInvest2020: Residential Solar is Good, but Commercial Solar can be Crazy Profitable!

BySustainMe

Business/Commercial Solar can be crazy profitable. [UPDATE: 30% Investment Tax Credit on renewables in the IRA Act 2022. See our Blog post here. This makes all the financial discussions below much more profitable. Also, higher inflation and higher power inflation.] Consistently three-fourths or more of people surveyed believe that renewable energy – especially solar – is good and that we should do more solar on the buildings where the sun shines consistently. But is doing…

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Solar 2020 and Sustainability: Looking for the Silver Lining

BySustainMe

Kelly Pickerel, Editor in Chief of Solar Power World magazine was cautiously optimistic in January when discussing the impact of US Import tariffs on the Solar industry and still solar installations were up 14% during 2019. She hoped that an even year, 2020, would bode well for solar. She concluded her opening letter by the editor in the January 2020 Trends in Solar edition of SPW: “Superstitious or not, I’m crossing my fingers for a calm,…

Environment wins with reduced human activity

BySustainMe

There’s a silver lining, of sorts, in the reduced human activity related to the coronavirus shutdown. Nice visuals from space and discussion here: In The Midst Of A Tragic Human Pandemic, The Environment Is Flourishing https://truththeory.com/2020/03/19/in-the-midst-of-a-tragic-human-pandemic-the-environment-is-flourishing/ Move from lots of pollution to a beautiful clean sky. Very ugly way to get there, but the earth is getting a breather from the humans torturing the land and sky.

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Amazon? Lungs of the world? Sinking feeling?

BySustainMe

I got into this debate, related to Global Warming, on the “Amazon is sometimes referred to as the Lungs of the world.” Here’s a very readable discussion in Newsweek on how much oxygen comes from the Amazon: https://www.newsweek.com/how-much-oxygen-amazon-rain-forest-1456274 Much like Global Freezing, I don’t know that I have ever heard/seen an actual scientist say this, but the Lungs of the World is still a pretty well circulated myth. Some times it says 20% of the oxygen…

EV on SB2020

BySustainMe

EVs, aka Electric Vehicles, were the big winners of the Super Bowl 2020. Everybody had an electric car for the occasion. Audi and even a new EV version of the gas-guzzling Hummer. Imagine the king of EVs, Tesla, jumping $130 per share on Super Monday! TSLA popped 20% up to almost $800 per share, nearing a $150B market cap firmly – 3 times the value of GM. Then on Super Tuesday, Tesla jumps another $100…

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Opportunity Lost by Waiting until 2020 for Solar Investment

BySustainMe

[UPDATE: 30% Investment Tax Credit on renewables in the IRA Act 2022. See our Blog post here. This makes all the financial discussions below much more profitable. Also, higher inflation and higher power inflation.] The Renewable Investment Tax Credit, which is currently in 2019 at 30% of the qualifying investment, is a wonderful incentive to put in renewable power including solar, wind and qualifying battery backup. The ITC will drop down by 4% in 2020…