Feed-in tariffs in the United Kingdom
A feed-in tariff (FIT) is paid by energy suppliers in the United Kingdom if a property or organisation generates their own electricity using technology such as solar panels or wind turbines and feeds any surplus back to the grid. The FIT scheme was imposed on suppliers by the UK government, and applied to…
Builders Warehouse
Builders Warehouse (commonly referred to as Builders in South Africa), is a South African construction equipment and home improvement retail chain. Founded in 2003, it is owned by South African retail holding company Massmart.
Solar panel
A solar panel is a device that converts sunlight into electricity by using multiple solar modules that consist of photovoltaic (PV) cells. PV cells are made of materials that produce excited electrons when exposed to light.
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Floating solar
Floating solar or floating photovoltaics (FPV), sometimes called floatovoltaics, are solar panels mounted on a structure that floats. The structures that hold the panels usually consist of plastic buoys and cables.
Power purchase agreement
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.
First Solar
First Solar, Inc. is an American publicly traded manufacturer of solar panels.
Economy 7
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…
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Solar tracker
A solar tracker is a device that orients a payload toward the Sun. Payloads are usually solar panels, parabolic troughs, Fresnel reflectors, lenses, or the mirrors of a heliostat.