Sentences with phrase «grid at a competitive cost»

So, the thermal solar with its low - cost thermal energy storage could supply more than 30 percent of a low - emissions grid at a competitive cost.

Not exact matches

The shape even fed into the name — Solyndra — as well as promising half the installation cost in one third of the time, enabling «grid parity» (that is, a price competitive with electricity from fossil fuel — fired power plants) at some imminent date for the first time in the history of solar power.

By 2020, IEA expects photovoltaic technology fitted on residential and commercial buildings to reach «grid parity,» or the point at which solar power is consistently cost - competitive with conventional fossil fuels and nuclear power.

«We are grateful for the opportunity to join Windlab on this project, which places Vestas at the forefront of sustainable energy solutions and is a testament to how we are providing solutions that make renewable energy more cost - competitive and grid compliant,» said Johnny Thomsen, senior vice president of product management for Vestas.

«In many ways, it codified market forces already at work that are driving the adoption of energy efficiency, renewable energy and grid services that independent modeling shows can reduce costs for customers, create jobs and economic impact, and offer more competitive energy options.»