Clean Energy News

SolBid Employee Spotlight: Dan Renna


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SolBid, Inc. is proud to announce the recent addition of Dan Renna out of Central MA to the SolBid Team. Dan brings over 50 Megawatts of experience to the team as our Director of Project Operations.

With over a decade of experience in the electrical industry. Dan has held many titles over his career, Journeyman Electrician, Site Foreman, Project Manager, Estimator and eventually a Division Manager specializing in design builds, commercial solar installations and solar O&M contracts. Dan brings with him over 50 Megawatts of installation, management and maintenance to the SolBid team as their Director of Project Operations.

What Is Solar Power and How Does It Work?

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With renewable energy sources becoming more and more accessible, many consumers are wondering; what is solar power and how does it work? Solar power is simply the energy created by converting sunlight into usable electricity that can power your home or business. Not only can it save you money on your electric bill but it can also greatly impact climate change, public health, and diversify the energy supply.

Solar power is simply the energy created by converting sunlight into usable electricity that can power your home or business. Most commonly, the sun’s rays are captured through something called a photovoltaic (PV) system.

 

SolBid Employee Spotlight: Steve Spector


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SolBid, Inc. is proud to announce the recent addition of Steve Spector of Hopkinton, MA. to the SolBid Team. Steve brings a robust network, an abundance of strong solar industry relationships and over 30 years of successful sales, marketing and business development experience to SolBid.

In his new role as the Northeast Account Executive, Steve will be managing SolBid’s Partner Portfolio and C&I solar project pipeline in New England.

Renewable Energy Industry Offers Silver Lining During COVID-19


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With oil prices plummeting and the viability of supply chains in question, many Americans are adding a potential energy crisis to their list of worries. It is understandable that while so much is unknown, and answers to many of our questions remain elusive, even the most level-headed of us cannot help but worry. Will there be a fuel shortage as a result of the decrease in production? Will my electric company raise its rates? Luckily, there is some light at the end of the tunnel. According to the International Energy Agency (IEA) solar is proving to be one of the most stable energy sources during the COVID-19 pandemic (Fanard, 2020).

Tipping Point for Clean Energy as Gas Power Plants Will Be Uneconomic by 2035


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The energy market has reached a tipping point as clean energy technologies have seen dramatic reduction in prices over the past decade and have become the least cost option for the US power market.

In the past few decades, natural gas has been taking on a larger share of electricity production in the US as it is cheap and plentiful compared to coal. Given the rise in demand for natural gas, 68 gigawatts of new gas plants have been proposed. However, according to the latest report from the Rocky Mountain Institute, by 2035, it will be more expensive to run 90% of gas plants being proposed in the U.S. than it will be to build new wind and solar farms equipped with storage systems (Baker, 2019). The comparison is valid as it looks at the economics of gas plants against a “clean energy portfolio”, or better a bundle of renewable technologies that together provide the same energy, capacity, and flexibility as the proposed gas plants (Levin, 2019).

Furthermore, according to Lazard’s Ltd analysis from 2017, merely keeping an existing coal plant running can cost $26 to $39 and a nuclear one $25 to $32 per megawatt-hour, while building and running a wind utility scale farm can cost $30 to $60 per megawatt-hour over its lifetime - when factoring in subsidies, this can drop as low as $14 (Malik, 2017).

Growth in the renewable energy sector is weakening the economic case of operating gas power plants and pipelines. With solar and wind commercialization, pipe utilization will keep falling, while costs to deliver gas will likely increase dramatically. Therefore, this is not a very sustainable prospect for investing in new gas plants and pipeline construction at the present time. The sustainable choice, both financially and environmentally, would be to divert as much investment as possible towards new renewable utility-scale solutions.

The Cannabis Industry Needs Solar to Mitigate its Energy Appetite


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Cannabis is a lucrative crop but it has one big caveat: the energy intensity of its production. As more and more states are legalizing marijuana in the United States, the energy demand of cannabis growers is putting a strain on both their profit margins and the electric grid. Importantly, Illinois recently announced that when its new law legalizing recreational marijuana takes effect Jan. 1, growers will face some of the strongest energy efficiency and reporting requirements in the country (Thill, 2019). This law could lead other states to follow suit, reinforcing the need for the cannabis industry to start turning to renewables to mitigate its energy appetite.

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