Net Metering’s Unseen Consequences

Solar-Panels

Net Metering’s Unseen Consequences November 12, 2024 Seeking Equity in Renewable Energy Transition By Asim Javed  The National Electric Power Regulatory Authority (NEPRA) implemented Distributed Generation and Net Metering Regulations in September 2015, which enable consumers to connect photovoltaic systems to the grid. The objective of these regulations was to encourage the use of renewable solar energy and to allow consumers to lower their electricity bills by utilising the grid as a virtual battery.  Solar households can transfer surplus energy to the grid during the day and retrieve it at…

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Solar panel world record achieved with ‘miracle material’

Solar panel world record achieved with ‘miracle material’ June 19, 2024 A new efficiency world record for converting sunlight into electricity has been set, in what researchers claim is a huge boost for renewable energy. Researchers at Longi, the world’s biggest solar panel manufacturer, achieved a 34.6 per cent power conversion efficiency using a tandem perovskite-silicon solar cell, beating the previous record by 0.7 per cent. The new record is also more than 7 per cent more efficient than the record for a standard silicon solar cell, which is found in most commercial solar…

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Net Metering to Gross Metering

gross-metering

There are strong rumors that government is in the process of amending rules with respect to roof-top solar power producers. In that reports say that DISCOs will shift from Net Metering to Gross Metering, which is, unlike net-metering, the consumer never utilizes the solar power generated by his installation as all of the power generated via solar panels is exported to the grid. It means that both export and import will be monetized separately each month.

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Solar Price: Lows, Bottoms and Rock Bottom!

SOLAR-POWER

Solar Price: Lows, Bottoms and Rock Bottom! May 8, 2024 Closing 2023 with a bang and opening 2024 at a higher node of PKR 120-130 per watt making the most out of the LC restrictions and PKR uncertainty, solar panels became hot investment item for investors of all races – from Jodia Bazar of Karachi to big boys sitting in E-7, Islamabad. The declining global prices which started in the start of 2023 never really recovered. From a $0.30 per watt to now currently being trade at $0.10-$0.11 with the…

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