The Inflation Reduction Act of 2022 (IRA), Pub. L. 117–169 (text) (PDF), is a United States federal law which aimed to reduce the federal government budget deficit, lower prescription drug prices, and invest in domestic energy production while promoting renewable energy.

The Federal Energy Regulatory Commission (FERC) is an independent agency of the United States government that regulates the interstate transmission and wholesale sale of electricity and natural gas and the prices of interstate transport of petroleum by pipeline. FERC also reviews proposals to build interstate natural…

AE Solar is a German tier 1 solar panels manufacturer founded in Königsbrunn, Germany in 2003, by 3 brothers; Alexander, Victor and Waldemar Maier. The company is headquartered in Königsbrunn and has a presence in more than 95 countries, covering Africa, Asia-Pacific, Asia, Europe, Middle East, North America and South…

A Zero-Energy Building (ZEB), also known as a Net Zero-Energy (NZE) building, is a building with net zero energy consumption, meaning the total amount of energy used by the building on an annual basis is equal to the amount of renewable energy created on the site or in other definitions by renewable energy sources…

A balcony solar power system (also called a plug-in solar panel, mini solar system, Plug-in PV, PIPV, or balcony power station) is a small photovoltaic system designed to generate electricity for direct use in a home or apartment. Unlike conventional rooftop solar installations, balcony solar systems connect to the…

A photovoltaic system, also called a PV system or solar power system, is an electric power system designed to supply usable solar power by means of photovoltaics. It consists of an arrangement of several components, including solar panels to absorb and convert sunlight into electricity, a solar inverter to convert the…

A solar inverter or photovoltaic (PV) inverter is a type of power inverter which converts the variable direct current (DC) output of a photovoltaic solar panel into a utility frequency alternating current (AC) that can be fed into a commercial electrical grid or used by a local, off-grid electrical network. It is a…

A power purchase agreement (PPA), or electricity power agreement, is a long-term contract between an electricity generator and a customer, usually a utility, government or company. PPAs may last anywhere between 5 and 20 years, during which time the power purchaser buys energy at a pre-negotiated price.

A feed-in tariff (FIT, FiT, standard offer contract, advanced renewable tariff, or renewable energy payments) is a policy mechanism designed to accelerate investment in renewable energy technologies by offering long-term contracts to renewable energy producers. This means promising renewable energy producers an…

Ice storage air conditioning is a form of thermal energy storage in which cooling capacity is stored by freezing water and recovered later by melting the ice. In building applications, the storage can be charged when cooling demand or electricity prices are lower and discharged during periods of higher cooling demand,…