Marketing & Design Lead, VCT Group
As Canada electrifies its economy, solar is ready to rapidly transform underutilized spaces into distributed energy infrastructure.
Globally, solar power provides the lowest cost of energy in history. It is a mature, commercialized technology that is available today – no future breakthroughs or government grants required. Electrification is inevitable. Now is the time to elevate our clean energy standards in Canada. Solar is ready.
For businesses, solar is an opportunity to further monetize existing development assets. Solar is also a visible way to demonstrate corporate social responsibility and connect with clientele who share their sustainable values. Most investments in technology are deflationary. Solar is bankable. With a lifetime far longer than its return on investment, today’s solar drives the net cost of energy down, providing energy rates that are lower now, and for the next 30 years.
Solar power is highly adaptable, easily integrating into developed spaces. Unlike the construction of new centralized power plants, solar is rapidly installed anywhere, at any scale. As a distributed energy resource (DER), solar avoids the expense of long-distance transmission, producing electricity where it is needed. This decentralization of energy not only stabilizes energy costs, it minimizes urban sprawl by maximizing our use of space.
Solar transforms our cities
There is an abundance of urban space that is not being used to its full potential. Rooftops and parking lots are underutilized and can be made productive. Solar transforms them into distributed power plants. By empowering us to rethink how and where we generate electricity, solar is an essential ingredient in the energy mix for a cleaner, electrified future.
Rooftop solar installations built on existing structures have already enabled early adopters to generate up to 100 percent of their electricity and beyond, with many exporting surplus energy to the grid.
Solar canopies that cover parking lots provide benefits that go beyond power generation. They provide shelter from inclement weather, shade in summer, and snow cover in winter. It is infrastructure at human scale that enhances the urban experience.
Achieving Canada’s energy transition
In Canada, renewables generate 70 percent of our electricity. They are already major sources of our energy. Despite advancements in energy efficiency, our energy demand continues to grow, doubling in only 40 years. Distributed solar is one pillar in closing the gap to complete our energy transition, powering the electrification of transportation and heating.
Installing solar into urban spaces enables an agile, bottom-up response to transforming our energy infrastructure. Solar empowers communities and businesses to act now to fight climate change, drive down their long-term energy costs, and supply local economic returns. It is a new form of infrastructure that addresses rising capital costs and operating expenses.
Solar has the power to transform.
At VCT Group, we develop innovative solar products that productively transform space.