Should you buy a solar-energy system or microgrid today, or wait a few years for prices to come down? Answer: Do some homework, learn about what you are buying, and do it as soon as you can. The sooner you invest in solar energy for your business the higher your financial benefit will be. And …
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Our ECCB Project in St Kitts Wins 2023 CREF Best Microgrid Award
The Caribbean Renewable Energy Forum (CREF) awarded its 2023 prize for “Best Microgrid” to Solar Island Energy and the Eastern Caribbean Central Bank (ECCB) for a project on the Caribbean Island of St. Kitts that was designed using HOMER Pro® software. Key features of the microgrid include its …
Better to Build Solar Energy or a Microgrid Now or Later? What is the Best Financial Decision?
The first time I ran this analysis was 10 years ago in 2014, then again in 2018. Now let’s look at the picture for 2024 and beyond; although the conclusion might be obvious. (Note that I will call a solar-energy electric system a “PV” System, from “photovoltaic”, and solar panels are actually PV …
