Harvesting the sun for industrial growth

Here comes the sun, and it’s all right. The surge in distributed solar over the last eighteen months has led to an exodus from the electricity grid, as the reduction in the price of solar panels has made distributed solar more affordable. Growth in the adoption of solar has changed the way households and industries alike consume electricity. During the past decade, peak consumption was largely during the day when industries and households consumed electricity for production and cooling purposes, respectively. However, as distributed solar energy started becoming more affordable, there has been diversion of consumption from the grid to distributed solar. Such diversion has led to the emergence of a phenomenon called a ‘duck curve’ globally, whereas the sun starts shining bright, energy generated through solar starts kicking in, reducing consumption of electricity through the grid.