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Solar-car-charger

Photovoltaics

Our Expertise

Corporate Electric has been working on renewable energy projects in Cayman for several years. We understand the issues and only recommend proven and reliable equipment that we have evaluated ourselves. We can help you with a free no-obligation initial consultation.

 

Renewable energy is derived from natural resources that will not be depleted, such as solar and wind energy. Every hour the sun beams onto Earth more than enough energy to satisfy global energy needs for an entire year, although the technology currently fulfills less than one tenth of one percent of global energy demand.  Apart from tidal and geothermal power, the sun provides us with all of the world’s renewable energy sources.

 

Solar technology is used to harness the sun’s energy and make it useable, such as solar heating for producing hot water and solar photovoltaics (PV) for the production of electricity. Of course, the sun does not always shine and the wind is not always blowing, so in locations where there is a mains electricity supply available the renewable energy generating equipment is connected to the electricity supply grid (i.e. “grid tied”) so that electricity consumption can be maintained at all times. In Grand Cayman, the CORE program (CORE = Consumer Owned Renewable Energy) supports residential and commercial consumers making investment in renewable energy generating equipment highly attractive through the payment of a guaranteed tariff over a 20-year period. This enables the consumer to either fix or eliminate their energy bill. The initial investment is also reflected in increased property values.

 

If you are concerned for the environment, it doesn’t get any better than solar. Burning fossil fuels to create energy will eventually be history – either we will just run out of affordable fossil fuels to burn, or we can make ‘alternative’ energies the new ‘standard’.  Investment in renewable technology is also an investment in local employment. Clearly, the solar power business is here for good.

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