A little information on solar

WHY SOLAR ENERGY?

Throughout the world, the combination of the price of electricity and the availability of free sunshine have positioned grid-connected photovoltaic (PV) as an attractive investment.  Once considered to be too expensive an option, today’s PV systems produce electricity that has a quantifiable cash value.

History of Solar Electricity
• Henry Bequerel discovered the photovoltaic effect
• 1950s  Bell Labs develops the first commercially viable solar cell
• 1970s  First practical solar cells were produced (cost 100$/W)

The first conventional PV cells were produced in the late 1950s, and throughout the 1960s were principally used to provide electrical power for earth-orbiting satellites.  By the 1970s, improvements in the manufacturing, performance and quality of PV modules helped to reduce costs and opened up a number of opportunities for powering remote terrestrial applications, including battery charging for navigational aids, signals, telecommunications equipment and other critical low power needs.

Following the energy crisis of the 1970s, significant efforts shifted to the development of PV power systems for residential and commercial uses both for stand-alone, remote power, as well as, for utility-connected applications.

In the 1980s, PV became a popular power source for some consumer electronic devices, including calculators, watches, radios, lanterns and other small battery charging applications.
Today, the PV industry’s production of solar modules is growing at approximately 30% annually.  Major incentive programs in Europe, Japan and the U.S. are rapidly accelerating the implementation of building integrated PV power systems and interconnection to utility networks.
Learn how Caribbean Solar’s  thin film, flexible, solar modules and systems are powering homes, businesses, government, and industries with a value-added return on investment.

WHY CHOOSE A CARIBBEAN SOLAR SYSTEM?
• Twenty year warranty
• Requires no roof penetrations                                                                               
• Generates more electricity in real world conditions
• Lightweight, durable, flexible
• Ideal for Building-Integrated (BIPV)
• Easy to install
• No polysilicon needed
• Caribbean Solar is based in Grand Cayman



Solar energy is cost effective. The cost per watt has dropped more than 2,000% over the past twenty-five years. With the deregulation of the electricity company and the ability to sell the electricity that you produce but don’t use there has never been a better time to acquire a solar system.


As part of our complete design services, your Caribbean Solar representative will provide an easy to read, no-nonsense analysis of complete system costs including materials and installation, along with annual and lifetime energy savings projections. A few of the economics stated in the analysis are:


• Internal Rate of Return (IRR) with or without financing 
• Payback without consideration of resale value 
• Incremental real estate value of your solar system 
• Average annual savings of the system in the first year 
• Solar systems have a very long, low maintenance life expectancy – typically
  30 years or more 
• The fuel costs for a solar electric system are free