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CFE agenda 020915
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CFE agenda 020915
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2/9/2015
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CFE minutes 020915
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So what's the downside here? And why aren't solar parking lots to be found pretty much <br />everywhere you turn? <br />In a word, the problem is cost. <br />"It's the most expensive type of system to build," says Chase Weir of TruSolar, which rates solar <br />projects based on financial riskiness. "A lot more engineering, a whole lot more steel, more <br />labor, and therefore, it's a relatively small percentage [of solar power] ... but it is growing, and the <br />cost to install a solar canopy today is less than the cost to install a rooftop just a few years ago." <br />Still, there aren't all that many right now. According to Scott Moskowitz of GTM Research, <br />which released a study of the sector last year, by the end of 2014 there were an estimated 600 <br />megawatts (or 2.5 billion dollars) worth of solar canopies installed in the U.S. In energy terms, <br />though, 600 megawatts isn't a very big number. Just consider: The Hoover Dam has a capacity <br />of more than 2,000 megawatts, the world's biggest coal plant is close to 6,000 megawatts, and <br />even the world's largest solar plant is 550 megawatts. <br />So at least for now, the market remains relatively niche. The carports seem to be particularly <br />popular with large companies, which can afford them and where they can provide an impressive <br />display at their corporate campuses. Thus, they've been installed by Munich RE, Dow Jones & <br />Co., and Staples, among others. <br />They've also been used to adorn hotels, such as one just unveiled at the Phoenician, a luxury <br />hotel in Scotsdale, Arizona: <br />A solar array now sits atop a parking structure at The Phoenician in Scottsdale, Ariz., on Jan. 14, 2015. The project is <br />the first of several planned as a result of a partnership between Starwood Hotels & Resorts Worldwide, Inc. and NRG <br />PA <br />
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