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Re: smoke post# 14124

Thursday, 04/10/2014 6:42:53 AM

Thursday, April 10, 2014 6:42:53 AM

Post# of 27489
Well, no, you wouldn't have to move to France, but the thing is that you cannot currently invest using an address in the US or Canada.
You have more than slightly missed the point though. The panels I have bought don't go near anyone's roof. In fact, I will more than likely never even get to see my panels. It must be at least a 20-hour drive for me to get to Bucharest and that wouldn't be very "green", would it?
The panels are mounted in a bespoke installation. In the case of Bucharest, there are 5000 at a time, and the electricity produced is sold at an attractive tariff because the price is subsidized by the Romanian government as part of its obligations under the Kyoto protocol. The revenue from this allows Power Clouds to pay me 15% of my investment per annum for 20 years.
By all means, put some panels on your own roof, but as the USA didn't sign up to Kyoto, you won't get the same price per Kilowatt hour. I hope this makes sense.

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