Why do we need solar panels in Montserrat?

The use of Solar Panels meets one of the Governments priority needs which is to improve energy security by slowly transitioning to renewable energy. The incorporation of Solar into the Grid on Montserrat, resulted in a 13% renewable energy input on the grid, which is 3% above the European Union’s key performance indicator (KPI) of 10% .

Who has installed a 250kW solar PV project in Montserrat?

The awarding of a contract to Salt Energy Company for the installation of a 250KW Solar PV Project in 2018 as the first phase 250KW Solar photovoltaic (PV) Project. The solar PV system was successfully installed and commissioned by the Salt Energy Company and handed over to the Government of Montserrat in March of 2019.

What is Montserrat's energy policy?

The first Energy Policy was approved in 2008 by the Government of Montserrat. The policy was then revised and updated in 2016 to include Government incentives and to update the policy with appropriate targets. The new Energy Policy (The Power to Change) that is currently being implemented runs from 2016 to 2030. Progress made so far includes: –

Why should Montserrat buy a new electric vehicle?

The purchase of the vehicle supports the Government’s aim to promote the development of electric, hybrid electric and advance vehicle technologies for Montserrat. A pilot project was commissioned to review the performance of the technology under local conditions and get feedback of driver’s acceptability.

What are Platts solar module price assessments?

The Platts Solar Module price assessments are aimed at providing a transparent source of pricing data. Image: Trina Solar Recent volatility in PV module pricing has prompted Platts, part of global market data and benchmarking provider S&P Global Commodities, to launch a new daily spot market price assessment for modules in the US, Asia and Europe.

What is a solar module price assessment?

The price assessments reflect solar modules with an output of 570-720W, TOPcon specification and wafer sizes of 182-210. Prices will be expressed in US cents per watt. In addition, the Platts Global Solar Module Marker is a daily average of the six individual solar module panel assessments, providing a global perspective of solar panel prices.