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This guarantees a fixed price of $0.42 CDN per kWh for PV and $0.11 CDN per kWh for other sources (i.e., wind, biomass, hydro) over a period of twenty years. Unlike net metering, all the electricity produced is sold to the OPA at the SOP rate. The generator then purchases any needed electricity at the current prevailing rate (e.g., $0.055 per kWh).
The cost of a solar PV module make up the largest part of the total investment costs. As per the recent analysis of Solar Power Generation Costs in Japan 2021, module unit prices fell sharply. In 2018, the average price was close to 60,000 yen/kW, but by 2021 it is estimated at 30,000 yen/kW, so cost is reduced by almost half.
In 2009, Florida Power & Light built the state's first solar power plant, the FPL DeSoto Next Generation Solar Energy Center. At the time, the 25-MW plant was the largest of its kind. In 2010, FPL built the world's first hybrid solar-natural gas energy center. [9] [10]
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The first 1 MW p solar park was built by Arco Solar at Lugo near Hesperia, California, at the end of 1982, [4] followed in 1984 by a 5.2 MW p installation in Carrizo Plain. [5] Both have since been decommissioned (although a new plant, Topaz Solar Farm , was commissioned in Carrizo Plain in 2015). [ 6 ]
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In 2020, the average price of electricity in Florida was 10.06 cents per kWh, ranking 21st-highest in the United States. The carbon dioxide produced was 848 lbs per MWh, ranking 24th in the United States. [2] The average price of electricity for residential use was 13.70 cents/kWh in February 2022, compared to 11.92 cents/kWh in February 2021. [4]
One of the first applications of concentrated solar was the 6 horsepower (4.5 kW) solar powered motor made by H.E. Willsie and John Boyle in 1904. [112] An early solar pioneer of the 19th and 20th century, Frank Shuman, built a demonstration plant that used solar power to pump water using an array of mirrors in a trough to generate steam.
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