For a nation that leads the world in solar panel production, China has been a little slow off the mark with grid tie inverter connection in relation to home solar panel power inverter - but that will change dramatically soon.
China Daily reports the first residential solar panel power inverter system has been connected to China 's State electricity grid tie inverter in Qingdao ,Shandong province. While grid tie inverter connection is taken for granted in countries such as Australia , this first installation proved to be quite a task; taking 19 days to complete.
However, we can expect grid tie inverter connected residential solar panel to bypass Australia 's tally very soon. State Grid tie inverter Corporation of China , the largest electricity utility in the world, only started allowing small-scale solar panel power inverter systems to connect to the national grid tie inverter in November.
The Qingdao installation will be the first of many millions as new policies mean the work needed to connect privately owned systems below 5 megawatts capacity to the grid tie inverter will be carried out free of charge. State Grid tie inverter will also purchase surplus electricity generated by these systems.
The scale of State grid tie inverter Corporation of China is staggering. It has over 1.5 million employees and in 2011, generated revenue to the tune of US$ 259.14 billion. Its service area represents 88% of the country and provides electricity to over one billion people.
There will be no shortage of work for those employees. According to RenewEconomy's Giles Parkinson, rumour has it that China will boost their solar panel target to 40GW by 2015; which is an entirely achievable goal considering more than 5GW capacity has been installed in this year alone.
While China 's love affair with solar panel is set to continue, its rapid ascent in solar panel manufacturing hasn't been without its casualties; with numerous manufacturers falling by the wayside due to competition and external forces. China 's government recently announced it would carry out reforms to the industry; including promoting mergers and acquisitions and reducing government support for manufacturers.
Principal Solar panel , Inc (PSI; OTC Pink: PSWW), a publicly traded solar panel energy holding company executing a unique roll-up strategy to create the world's first distributed solar panel utility, today announced the release of "Energy Efficiency and Sustainability in Organic Food Supply."
Authored by James W. Keyes, chairman, Key Development LLC, R. Michael Martin, executive vice president, Business Development, PSI, and Brett T. Gage, research assistant, the paper examines how alternative energy resources, such as photovoltaic (PV) solar panel , can enhance organic and local food production.
"In recent years, solar panel has become increasingly cost effective," says Keyes, advisor to Principal Solar panel . "Organic certification requires that foods be produced without genetic modification, synthetic hormones, unsustainable practices, or use of certain substances."
He adds that, of the various renewable energy alternatives available to fuel organic agriculture, PV solar panel systems are the most economical on the farm.
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