NewEnergyNews More: WIND DEVELOPERS CAN INCLUDE SOLAR

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  • Wednesday, May 28, 2014

    WIND DEVELOPERS CAN INCLUDE SOLAR

    Piggybacking Wind And Solar: Can Two Renewable Energy Sources Peacefully Co-Exist?

    Mark Del Franco, May 22, 2014 (North American Windpower)

    “…[T]o maximize existing generating assets, several wind developers are now beginning to look at adding solar generation on existing wind sites…to monetize the investment tax credit, which, for solar, expires Dec. 31, 2016. The production tax credit for wind expired at the end of last year…Federal tax credits aside, there are many benefits of co-locating wind and solar generation…[including] a more levelized joint output…to firm the power supply to the grid…[and] avoid supply-demand gaps…Because wind and solar projects must obtain approvals from the same agencies and jurisdictions, wind developers are already well versed in the basic requirements of renewable energy projects…[Factors to consider include] Location…Spacing…[and] Interconnection…” click here for more

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