Solar levelized costs will reduce by over 50% in the next 20 years
Using innovative geographic site analysis techniques, KiloNewton can study any area in the world to let you know where you should build your runway, and where you should run away from. This sets the foundation for the most successful plants your company can build.
This foundation will become increasingly necessary to ensure your projects are built better, faster, and will be reliable for their design lifetime. PPA and buyback rates are shrinking every year, with no end in sight in the foreseeable future. Get ahead of the curve with KiloNewton.
After you select your site, we will help guide you through the entire process, helping optimize not only your initial site costs, but installation, performance, and maintenance for the lowest possible LCOEs on the planet.
Let our decades of experience guide you through procurement, installation, and asset management to ensure that your investment assumptions are followed through and financially sound.
Click here to download an information sheet on the types of solar and renewable energy we specialize in.
Our goal is to make the renewable energy industry more successful, and we believe that this must be accomplished by a more holistic view of plant design. As new markets emerge for renewables, there is a gold rush, which causes many mistakes and makes markets stumble, or even die.
We believe that educating and empowering the industry to work together will lead to the most revolutionary changes for the betterment of the earth.
We use geographic information system (GIS) tools to overlap and analyze any section of the world you can throw at us. This can be validated on a select number of sites for final comparison with known independent tools such as SAM, HOMER, or FRESA.
Have a strange problem on your site? Chances are, we've seen it. If not, we'll get to the bottom of it with cutting-edge root cause analysis techniques.
- Quotes -
Costs will rapidly decline for solar PV over the next 20 years
"The levelized cost of new electricity from solar PV drops by 66% by 2040. By then, a dollar will buy 2.3 times as much energy than it does today."
— Bloomberg New Energy Outlook, 2017
Specific site characteristics will drive renewables viability
“While the LCOE for Alternative Energy generation technologies is, in some cases, competitive with conventional generation technologies,
direct comparisons must take into account issues such as location (e.g., centralized vs. distributed) and dispatch characteristics (e.g.,
baseload and/or dispatchable intermediate load vs. peaking or intermittent technologies).”
— Lazard LCOE Analysis, 2017.
"Soft costs" are a growing target in solar, 41% of utility sites, 59% of commercial, and 68% of residential site costs."
-Data from NREL - U.S. Solar Photovoltaic System Cost Benchmark: Q1 2017