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Solaria PowerXT 330Wp (for Residential Rooftops) and 400Wp Modules (Commercial Rooftops) now being Distributed by Leading Global Distributor Solar Electric Supply, Inc.
Solarias Patented Technology Provides Best-in-Class Efficiency Delivering the Highest-Performance, Lowest Cost PV for Rooftop Installations.
Latest Solar-Log Innovation to be Presented at Intersolar 2016
The Solar-Log 370, nominee for the Intersolar AWARD in photovoltaics, will be presented on the Innovation & Application Stage at Intersolar North America, Tuesday, July 12, 2016 from 11:15am-11:30am, Moscone Center, West Hall, Level 3, Alcove 2.
Econergy Group announces the completion of Italian 34MW PV portfolio acquisition and refinancing
Econergy was already the asset manager of the portfolio and together with its majority equity partner, Integrated Asset Management plc, a London based alternative investment group, Econergy has now acquired 100% of all 11 companies. Simultaneously to the acquisition, the project companies have repaid existing outstanding bank loans and a new senior loan on the new holding level has been procured with attractive pricing, terms and conditions.
PingoSolar Launches, Celebrating the Independence of Solar Leases
This Independence Day, PingoSolar celebrates freedom, truth and the future. With the launch of Pingo’s online platform PingoSolar.com, consumers are finally liberated from opaque and often misleading solar industry contracts. While other companies do not provide customers with all necessary information on optimal solar solutions, contracts and pricing, PingoSolar stands for transparency and quality.
Thanks to PingoSolar, the days of negotiating and purchasing solar panels in the dark are gone. Pingo is a completely new way to buy solar systems online. Buyers are helped in a trusted, simple and secure environment. Through a cutting-edge pricing analysis, which takes into account a variety of sources and real time market data, Pingo is able to ensure that their solar systems are valued at what they are worth — not what a salesperson can squeeze out of you. Pingo has cut out the costs of traditional solar installers — no showy showrooms and no expensive salespeople. Because of that, Pingo can pass along more value to its customers.
"In our eyes, the customer is the most important part of any business equation, and deserves to be rewarded as such. Pingo is the result of this belief — the notion that every consumer should have access to honest information and comprehensive tools that lets them decipher what is the best long term solar choice for their individual needs." — David Yoo, CEO
With PingoSolar, consumers finally have the independence and freedom they deserve when wanting to make an economic and environmental decision. Thanks to this revolutionary, user-friendly online platform and engaged customer service and support, the choice to go solar is finally simple and liberated from any dubious practices.
Pingo is a West Coast based solar company headquartered in California. The team consists of CEO David Yoo, board advisors Jerry Slavonia, Steve Chan, and Kang Ahn, a seasoned group of industry professionals and financial experts. Their latest passion project, Pingo, aims to further their pursuit as an honest pioneer in the world of solar power; a light-hearted liberator in an industry dominated by obscurity and utility monopolies. Pingo stands for freedom of choice, freedom of price, freedom from pushy salesmen and 20-year agreements; essentially, empowering the most important part of the equation — the customer.
ReneSola Connects 26MW of Community Solar Projects to UK Grid
ReneSola Ltd, a leading brand and technology provider of energy-efficient products and project developer, today announced the completion and grid connection of six utility-scale projects in the United Kingdom in June 2016. These projects have a combined capacity of approximately 26 MW. ReneSola managed the design and construction of these projects, and will provide ongoing operation and maintenance services until final acceptance.
Powered by ReneSola’s Virtus II modules, the six projects are located in Carlam Hill Farm (Yorkshire), North Wales, and Monmouthshire. All of these projects are pre-accredited with tariff rate of 6.16p/kWh and eligible for a guaranteed export tariff of 4.91p/kWh.
Xianshou Li, ReneSola’s Chief Executive Officer, said, "We are pleased to build on our track record and announce the grid connection of the six community solar projects in the United Kingdom, as we continue to execute our downstream strategy in the region. These projects continued to demonstrate our strong competitive advantages in developing downstream projects, and we look forward to driving incremental project development around the world."
Yingli Announces Progress and its Support to the Advancement of Clean PV Production in China
Yingli Green Energy Holding Company Ltd., one of the world’s leading solar panel manufacturers, today announced that the draft of The Clean Production Evaluation Index System of PV Cell (the System) has been examined by subject matter experts at a conference at the end of June 2016, which was the first evaluation system in PV industry. Sponsored by National Development and Reform Commission ("NDRC") and the Ministry of Industry and Information Technology ("MIIT"), China National Institute of Standardization (CNIS), China Research Academy of Environmental Science (CRAES), Yingli, along with other Chinese major leading solar companies, were part of the project team to set up the System since September 2013.
During the conference, a panel consisting of officials from NDRC and MIIT as well as experts from CNIS, CRAES, and the PV industry discussed the System and reviewed the draft. They concluded that the System included scientific and reasonable indexes reflecting the characteristics of cleaner production of PV cells with strong operability. The panel also suggested further modifying the draft according to the comments of the reviewers and submitting it to NDRC, MIIT, and the Ministry of Environmental Protection for a joint release.
Based on investigations of the clean production status of tier one PV companies in China, the System establishes comprehensive evaluation indexes on the production of PV cells including the production process, equipment used, energy consumption, comprehensive utilization of resources, pollution emission, product feature, and clean production management. The establishment of the System is critical to the sustainable development of PV cell production in China by improving energy conservation and emissions reduction.
"Yingli expects to help lead and establish a benchmark for the clean production of PV industry in China through the System. Through the System, we are not only showing our commitment to provide green energy for all, but we are also pioneering the trend of clean production in the photovoltaic industry through technology advancements and reduction of carbon emissions in order to give back to our communities and protect the environment," said Mr. Dengyuan Song, Chief Technology Officer of Yingli.
IBC SOLAR delivers PV system for Norways "largest freezer"
700 kilowatt PV system developed and implemented by Norwegian Solenergi FUSen AS and German IBC SOLAR AG on the rooftop of a cold storage warehouse of Norways leading food logistic company.
Jua Solar joint Global Off-Grid Lighting Association
Jua Solar leader in multi colors Off Grid Solar System and PAYGO join today GOGLA association.
Powering Australias National Broadband Network
Solgen Energy Group is pleased to announce the recent completion of 1.75 megawatts of solar capacity installed across the Federal Governments National Broadband Networks (NBN Co) Satellite Earth Stations (SES) and Technical Aggregation Node and Development (TAND) facilities.
Solar Farm Developer on Track for 5GW-10GW's of Projects for 2017
Innovative Solar Systems, LLC (ISS) continues to rapidly expand while hiring additional engineering staff and Executive Management personnel on a weekly basis now as the company’s yearly pipeline of projects has grown from approximately 500MW per year to approximately 10GW’s per year. John Green, President and CEO of ISS states that the company will have approximately 300 projects ranging in size from 20MW to over 200MW in the company’s pipeline that will be fully developed and moving to construction in 2017. ISS already has bragging rights in that they were the first company to develop and get constructed some of the largest projects this side of the Rockies which include an 80MW (AC) Solar Farm project in Hope Mills, NC. The company also has many other 35MW-80MW projects in the East currently in various stages of construction.
Investors have become very comfortable with these types of Utility Scale Solar Farm projects as long term investments due to low risk and high returns. There are few investments available in the financial community that can yield these types of returns and that can require billions of dollars of investment capital for bundled portfolios. A single 20MW solar farm project may require $40MM in total capital while a 200MW project could require anywhere from $300MM to $400MM. As stated, ISS has approximately 300 large scale projects in the company’s pipeline for the next 12 months which could require upwards of $15-20 Billion dollars in equity and debt money. The beauty of these solar farm projects is that they provide solid returns for upwards of forty years due to the reliability of PV Solar Panels.
ISS is probably one of the few developers of large scale solar farm projects in the U.S. that always has "Shovel Ready" projects for sale. The company currently has both an 80MW(AC) and a 50MW(AC) project of which both have interconnection agreements, purchase power agreements, zoning approvals and are ready for immediate construction. IRR’s on ISS’s projects range anywhere from 10-20% for the Equity Sponsor Investor to well over 75% for the Tax Equity Investor. By having a constant revolving pipeline of Utility Scale Solar projects the company can serve the needs of both existing clients and future clients while now internally financing and owning more of ISS’s projects in the future.
