Hi Rajesh, For suppliers of solar panels the biggest problem has been mitigating their investment in inventory in the face of rapidly declining costs, stuck with inventory that they have to move at a loss. At the same time utilities are struggling to integrate standalone solar residential into their grids. You would have thought that with governments providing incentives for moving to renewables that the utilities would have made provision for rolling meters backward but it appears that is not the case.
As for the investment in wind turbines we continue to see large-scale installations by utility providers but little in the way of small-scale residential. Yet we have seen windmills on farms for years. It seems to me we have forgotten more than we know.
Ultimately it is the combination of wind, solar, storage and inverter technology that will make renewables the energy generating standard for commercial and residential units. But the industry needs a solution provider to provide that turnkey at a reasonable price, or provide it as a service offering that is leased to the user the way hot water tanks are rented to homeowners here in Toronto today.
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