what is renewable energy? solar industry buzzwords defined

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What is Renewable Energy? Solar Industry Buzzwords Defined.

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Page 1: What is Renewable Energy? Solar Industry Buzzwords Defined

What is Renewable Energy? Solar Industry Buzzwords Defined.

Page 2: What is Renewable Energy? Solar Industry Buzzwords Defined

Solar Energy BuzzwordsEvery industry has its own language.

Batting a thousand. Cover all your bases. Knock it out of the park. Left field. Whole new ball game.

These are all terms that originated in professional baseball and as slang or jargon. But you’ve probably used them when not playing baseball or even talking about baseball.

Sports jargon easily assimilates itself into our everyday language, including business speak. And chances are, you can think of other terms and metaphors that were once purely technical language, but are now widely understood words and terms used in the public discourse.

Just like other industries, solar energy has its own jargon, buzzwords, and terms that can be unfamiliar to those outside the energy industry.

In this presentation, our goal is to start defining those, making it easier for you to learn and talk about your solar-energy system.

Page 3: What is Renewable Energy? Solar Industry Buzzwords Defined

Solar Energy BuzzwordsSolar Energy

n. (Physics / General Physics) energy obtained from solar power

1. The radiant energy emitted by the Sun.2. Energy derived from the Sun’s radiation. Passive solar energy can be exploited

through architectural design, as by positioning windows to allow sunlight to enter and help heat a space. Active solar energy involves the conversion of sunlight to electrical energy, especially in solar (photovoltaic) cells.

3. Also referred to as solar power, clean energy.

Page 4: What is Renewable Energy? Solar Industry Buzzwords Defined

Solar Energy BuzzwordsRenewable Energy

n. any energy resource that is naturally regenerated over a short time scale and derived directly from the sun, indirectly from the sun, or from other natural movements and mechanisms of the environment (such as geothermal and tidal energy). Renewable energy does not include energy resources derived from fossil fuels, waste products from fossil sources, or waste products from inorganic sources.

1. Any naturally occurring, theoretically inexhaustible source of energy, as biomass, solar, wind, tidal, wave, and hydroelectric power, that is not derived from fossil or nuclear fuel.

2. energy from sources that are not easily depleted.

3. Also referred to as clean energy, alternative energy, sustainable energy, green energy.

Page 5: What is Renewable Energy? Solar Industry Buzzwords Defined

Solar Energy Buzzwords

Solar Cells

n. (Physics / General Physics) A semiconductor device that converts the energy of sunlight into electric energy.

1. A photovoltaic cell that converts light directly into energy.2. A photovoltaic cell designed to convert sunlight into electrical energy, typically

consisting of layers or sheets of specially prepared silicon. Electrons, displaced through the photoelectric effect by the Sun’s radiant energy in one layer, flow across a junction to the other layer, creating a voltage across the layers that can provide power to an external circuit.

3. Also referred to as photovoltaic cell, electric cell.

Photonn. (Physics / General Physics) A particle of light that acts as an individual unit of energy.

Page 6: What is Renewable Energy? Solar Industry Buzzwords Defined

Solar Energy BuzzwordsSolar Module

n. A number of individual solar cells connected together in an environmentally protected housing producing a standard voltage and power. Multiple modules can be assembled into an array for increased power and/or voltage.

1. A solar photovoltaic device composed of groups of individual solar cells connected in a series, in parallel, or in series-parallel combinations to produce a standard output.

2. Also referred to as a module, panel, or solar panel.

Page 7: What is Renewable Energy? Solar Industry Buzzwords Defined

Solar Energy BuzzwordsSolar Energy System

n. A group of solar photovoltaic modules connected together to increase voltage and/or power to the level required for a given system.

1. Also referred to as a solar power system, solar array, photovoltaic system or photovoltaic array.

Page 8: What is Renewable Energy? Solar Industry Buzzwords Defined

Solar Energy Buzzwords

Kilowatt (kW)

n. A standard of unit of electrical power equal to 1000 watts.

Kilowatt Hour (kWh)

n. 1000 watts produced or consumed for a period of 1 hour.

A typical solar-energy system is 25 kilowatts, and in Missouri, will produce approximately 32,000 kilowatt hours of solar electricity a year.

Watt

n. The unit of electric power in a circuit. One watt equals one ampere under an electrical pressure of one volt.

Page 9: What is Renewable Energy? Solar Industry Buzzwords Defined

Solar Energy Buzzwords

Alternating Current (AC)

n. Electric current in which the current changes direction 120 times per second. Is the common current used.

Inverter

n. An essential part of a solar-energy system. An electronic device that converts solar electricity from DC to AC, allowing for its use in modern buildings.

Direct Current (DC)

n. Electric current in which the flow of electrons is in one direction only.

Solar panels produce DC current electricity.

Page 10: What is Renewable Energy? Solar Industry Buzzwords Defined

Solar Energy BuzzwordsVoltageThere are three main properties that allow electricity to work: voltage, amps, and resistance. When working together inside a circuit, these properties allow electricity to move from place to place – a process that begins when an atom’s electrons are stimulated, and made to move in a current or flow.

In order for electricity to flow in a current, there must be some sort of force or pressure pushing the electrons along: called electromotive force, or voltage. A circuit carries this electrical current between the source to the load.

Amperage (amps, or current)These electrical sources possess both positive and negative terminals, using the negative terminal to push electrons back from the load to the positive terminal on the source. That force, then, that is applied by the source determines the amount of voltage running through the circuit.

The amperage is determined by the number of electrons flowing through.

Resistance

n. A material’s opposition to the flow of electric current; measured in ohms.

Page 11: What is Renewable Energy? Solar Industry Buzzwords Defined

Solar Energy Buzzwords

Net Metering

n. A system in which solar panels or other renewable energy generators are connected to a public-utility power grid and surplus power is transferred onto the grid, allowing customers to offset the cost of power drawn from the utility.

1. Origin: surplus energy, measured by an electric meter, is netted from the amount passing from the utility to the customer.

Grid Tied System

n. An independent electrical power system that is connected to the utility grid so that power can be supplied by the grid when needed and fed back into the grid during excess power production.

Page 12: What is Renewable Energy? Solar Industry Buzzwords Defined

Solar Energy BuzzwordsOff-Peak Demand

n. The times during a 24 hour period of low electricity demand. Opposite of peak demand.

Peak Sun Hours

n. The equivalent number of hours per day when solar radiation averages 1 kilowatt per square meter. For example, 5 peak sun hours means that the energy received during total daylight hours equals the energy that would have been received had the solar radiation for 5 hours been 1 kilowatt per square meter.

Page 13: What is Renewable Energy? Solar Industry Buzzwords Defined

Solar Energy BuzzwordsSpeaking the Solar Language

Hopefully you now have an introductory understanding of some of the industry buzzwords you’ve heard thrown around.

Think we left something out?

Let us know in the comments and we’ll work on a definition for you.

Enjoy this presentation?Find more like it and other posts on our blog:

Or join our conversation on solar and clean energy:

Page 14: What is Renewable Energy? Solar Industry Buzzwords Defined

Brightergy, one of the nation’s fastest-growing full-service solar development and finance firms, offers turn-key solar design, installation, monitoring, and inhouse financing services.

Our extensive experience includes hundreds of projects completed for clients ranging from Fortune 500 companies and utilities to nonprofits and mid-sized businesses.

We make it simple, rewarding, and profitable to do the right thing.

Page 15: What is Renewable Energy? Solar Industry Buzzwords Defined

Our Purpose

We make it simple, rewarding, and profitable to do the right thing.

• Manage every aspect of each project – we are as scalable as the projects we do

• Focus on the financials and economics to allow entities to adopt solar as a viable energy source

• Energy is the lifeblood of commerce – now you can save on something you have to have to do business

• Investing in solar results in sustainable profits