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About Solar Energy

Why Solar?

Solar energy is reliable, abundant, clean, and affordable. According to the American Clean Power Association (ACP), the levelized cost of solar power decreased by 71% from 2011-2021, making it cost-competitive with wind and natural gas1.

1 American Clean Power, “Clean Power Annual Market Report 2021 Executive Summary,” Clean Power, May, 2022, 2021-ACP-Annual-Report-Final_Public.pdf (cleanpower.org)

Solar Energy’s Success

According to American Clean Power, by 2022, the solar industry employed nearly 253,000 Americans across all 50 states. Utility scale solar has a capacity of over 80GW nationwide, enough to power 18 million homes while remaining the 3rd largest source of renewable energy to da

How Solar Works

Solar panels capture the natural power of the sun and convert it into electricity. Solar photovoltaic cells were invented in 1954 and were deployed on a small scale for homes and businesses as a solution during the energy crisis of the 1970s. Since that time panel efficiency has increased with improved technology, and costs have decreased rapidly, making solar power a viable utility-scale solution for today’s energy demand.

Invenergy is dedicated to implementing innovative solar technology at its facilities to generate efficient and reliable solar power. By deploying the most advanced solar technology, Invenergy maximizes efficiency of our projects, while promoting responsible stewardship of the land that hosts the panels.

These technologies include bifacial modules and solar tracking panels. Bifacial modules capture sunlight on both sides of the panel, taking advantage of light reflecting off the ground. Solar tracking panels adjust their tilt so that they follow the sun throughout the day, maximizing their energy production.

Low Cost Solar

Solar power saves consumers money. Adding solar energy to the generation mix reduces electricity prices, helps protect against future price shocks, and makes the energy market more competitive.

In today’s changing energy landscape, energy security is more critical than ever. This has placed an emphasis on the need for more locally produced energy resources and the lowest-cost option is renewables.

After all, there is nothing more predictable and reliable than the sun rising every day. Conveniently, this is also when our energy demands are the highest. This means that solar energy generation peaks when we need it most at a low cost, making it an important factor in our energy mix.

Environmental Benefits of Solar & Responsible Development

Solar energy is a clean technology that does not produce harmful emissions that contribute to global climate change. According to ACP in 2022, national solar and wind power avoided approximately 426 million metric tons of carbon dioxide emissions, equivalent to the carbon reduction of 20 billion trees planted. That same year, Invenergy’s clean energy portfolio (including over 6,000 megawatts of solar power) generated enough clean energy equivalent to the carbon reduction of 766 million trees planted. 

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