A liquid-crystal display (LCD) is a flat-panel display or other electronically modulated optical device that uses the light-modulating properties of liquid crystals combined with polarizers to display information. Liquid crystals do not emit light directly but instead use a backlight or reflector to produce images in…

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…

The 1979 oil crisis, sometimes referred to as the second oil crisis (in reference to the 1973 oil crisis), refers to the drop in oil production in the aftermath of the Iranian Revolution that led to an energy crisis in 1979. Although the global oil supply only decreased by approximately four percent, the oil markets'…

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 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 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).

Carbon pricing (or CO2 pricing) is a method for governments to mitigate climate change, in which a monetary cost is applied to greenhouse gas emissions. This is done to encourage polluters to reduce fossil fuel combustion, the main driver of climate change.

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