Press Releases

The desert modules manufactured by J.v.G. Thoma are designed to withstand the toughest of weather conditions — particularly those in extremely hot regions.

LUMS and The meeco Group cooperate to complete 300 kWp roof project

WinterGreen Research announces that it has published a new study Low Iron Solar Glass: Market Shares, Strategy, and Forecasts, Worldwide, 2015 to 2021. The 2015 study has 642 pages, 356 tables and figures. Worldwide markets for Low Iron Glass aregrowing as Concentrating Solar Power (CSP) takes off as a way to generate electricity. Rapid adoption of CSP worldwide is occurring as systems provide 24 hour per day power efficiently.Low iron glass decorative and architectural markets are poised to achieve significant growth based on an expectation of declining prices for the low iron glass due to economies of scale.

According to a new report by Allied Market Research entitled, "Global Artificial Lift Market – Size, Industry Analysis, Trends, Opportunities, Growth and Forecast, 2013 – 2020", the global artificial lift market is expected to reach $27.3 billion by 2020, registering a CAGR of 10.5% during 2014-2020.

Continuously declining oil prices-hitting a 4-year low-have forced the oil extraction companies to optimize their spending by increasing efficiency. In line with this, the companies are increasingly deploying artificial lifts to increase output from the existing wells. As a result, the artificial lift market is expected to pick pace in next two years.

As a result of geopolitical consequences, oil prices have declined drastically in past one year. The oil prices have reached below the half of the value they had about a year ago, thereby, affecting profitability of oil extraction and processing companies. In an effort to meet business targets with fiscal constraints, companies are restraining themselves from investing in new projects. The only feasible alternative to increase production would be achieved by increasing output efficiency. Artificial lift is emerging as a solution to this problem, which ensures the maximum efficiency and optimum utilization of oilfield resources.

To view the report, visit the website at http://www.alliedmarketresearch.com/artificial-lift-system-market

Among the different types of artificial lifts, the rod lifts are the most preferred ones, due to their cost-effective performance while extracting oil from ultra-deep oil fields. Plunger lift technology is gaining an increasing traction in the market due to lower maintenance cost and their ability to operate at sites with mixed proportions of oil and gas. The gas lift components, such as valves and mandrels, would experience rapid increase in adoption by 2020 with the increase in adoption of high-performance gas lifts. North America drives the market due to the growing need of artificial lifts in order to extract oil from low-pressure oil wells in the region.

Key findings of the study:
The global market for artificial lifts would grow at a CAGR of 10.5% during the forecast period (2014-2020), due to increased adoption resulting from increased demand of energy sources and maturing oil fields
Plunger lifts would witness rapid market growth, growing at a CAGR of 18.2% during forecast period
Rod lift would be the market-driving technology by 2020, contributing more than 1/3rd of the overall market revenue
Asia-Pacific would prove to be one of the most lucrative markets, in terms of growth, growing at a CAGR of 13.2% during 2014-2020

The market growth is attributed to launch of new artificial lift systems along with business offerings such as service management, on-lease sale, etc. Weatherford has taken a lead in the rent business of artificial lift components. Furthermore, in order to gain a higher market share, the companies are adopting acquisition and partnerships as key strategies. For example, Schlumberger has acquired Kudu Industries in May 2014. This acquisition would be beneficial for Schlumberger, which would improve the supply of pumps, a key component of artificial lift system. Prominent companies profiled in the report include Halliburton, Weatherford, GE Energy, National Oilwell Verco, Dover Corp. and Tenaris.

About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions". AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:
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http://www.alliedmarketresearch.com/artificial-lift-system-market

Blymyer Engineers closes out 2014 with a record number of project wins. According to Principal Greg Mazur the company greatly outperformed expectations by completing over 408 MW of projects in 2014. This brings the company’s total completed design to just over 1.2 GW, and represents solar projects initiated across the country.

Eternal Sun B.V. previously announced plans on the relocation of its new head office from Delft to The Hague. The move stems from Eternal Sun’s growth in the past year fueling a record expansion of its team.

With a chronic electricity supply shortage, Egypt urgently requires additional generation capacity of 13 GW to meet soaring domestic power demands over the next five years. Egypt’s recently announced, ambitious solar and wind procurement program, spearheaded by a generous FIT that aims to install 4.3 GW of wind and solar power by 2017, is capable of propelling the country forward as a renewable energy powerhouse in the near future.

SolarEdge, a global leader in PV inverters, power optimizers, and module-level monitoring services, has announced that its DC optimized inverters are fully compliant with Hawaiian Electric Companies’ (HECO) updated list of Qualified Equipment that Meets Transient Overvoltage and/or Ride?Through Specifications.

Tie-up will see portable solar products available to wider customer base through electronics retailer. EnerPlex uses Ascent Solar Technologies’ thin-film modules.

Car manufacturer and utility are offering a rebate on EV charging points installed in workplaces. Georgia employers installing charging points will receive a $1,000 discount.