Friday, August 10, 2012

The Solar Power

Solar power in Germany has been growing considerably due to the country's feed-in tariffs for renewable energy and its one of the world's top photovoltaics (PV) installers. A feed-in tariff is the most effective means of developing solar power. It is the same as a power purchase agreement, but is at a much higher rate. As the industry matures, it is reduced and becomes the same as a power purchase agreement. A feed-in tariff allows investors a guaranteed return on investment - a requirement for development. Most of the houses here in our area has solar panels and i think it will also works in the Philippines where we have lots of sun the whole year round.

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