((RAIN)) Rainmakers-Island

[The Rainmaker]

WDAS: Good article that explains how the Power Cloud model works

http://earth911.com/tech/power-clouds/

The agreement lasts for 20 years, and Palumbo claims that, during that time, they will receive back about 400 percent of their initial purchase price.

“The economic returns begin the moment the solar plant goes into operation,” he explains. “Over the first five years, people [recoup] the amount spent on the panel’s purchase, and continue to receive monthly returns for the next 15 years after that.”

He says the monthly revenue generated consists of a fixed fee plus a variable amount based on each plant’s actual energy production. Each solar park takes less than four months to complete, and he says panel purchasers for the inaugural solar park are already receiving financial returns.