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two general models for implementing mass deployment of solar technology. The fir

ID: 293847 • Letter: T

Question

two general models for implementing mass deployment of solar technology. The first model, exemplified by Germany, involves subsidizing solar installations at a variety of scales through tax revenues and high energy prices. The other model, exemplified by the relationship between Whole Foods and SunEdison, involves a rigorous financial cost/benefit approach restricted to companies and institutions with sufficient investment capital and roof space. Discuss which of these two models, in your opinion, will be the most effective in expanding solar power capacity in our short-term and long-term energy economy.

Explanation / Answer

In my openion subsidizing solar installations most effective in expanding solar power capacity in short term economy.

SunEdison is a company that helps companies move to solar power. SunEdison pays all the upfront costs to install the solar panels and then the companies promise to buy the power over a long-term contract.

So SunEdison model will be most effective in expanding solar power capacity in long term energy economy.