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 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…

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Economy 7 is a differential tariff provided by United Kingdom electricity suppliers that uses base load generation to provide cheap off-peak electricity during the night. Houses using the Economy 7 tariff require a special electricity meter which provides two different readings - one for electricity used during 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…

Electricity pricing (also referred to as electricity tariffs or the price of electricity) can vary widely by country or by locality within a country. Electricity prices are dependent on many factors, such as the price of power generation, government taxes or subsidies, CO2 taxes, local weather patterns, transmission…

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 multiunit auction is an auction in which several homogeneous items are sold. The units can be sold each at the same price (a uniform price auction) or at different prices (a discriminatory price auction).