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Radian Generation Closes New Round of Investment To Accelerate Growth
Radian Generation (RadianGEN), an independent asset management and O&M firm providing comprehensive software and services to solar project owners, has closed a new round of investment with Solar Plus International (Solar Plus). Solar Plus is a diversified renewable energy company based in Hong Kong and a member of AP Capital Group. RadianGEN plans to use the new funding to accelerate the development of its Lens solar asset management software platform and expand its asset management services into new markets in the U.S., Europe, and Asia.
RadianGENs services and Lens software improve returns on renewable energy investments through effective, comprehensive management of technical operations, financial reporting and contractual compliance. Investors can grow their portfolios, reduce risk and enhance continuity planning with a single, centralized platform that consolidates project information, field services, and management processes. The software is available as stand-alone Software as a Service (SaaS) or in combination with solar asset management services provided by RadianGENs growing staff of experts.
Paul Cheng, CEO of Solar Plus, remarked, RadianGEN already has a strong footprint in the U.S. asset management and O&M markets, and we are excited about this opportunity to support them in leveraging this service offering using the Lens software product. The software is a critical tool for helping owners understand and improve project performance, while reducing compliance risk. The investment in RadianGEN offers Solar Plus an opportunity to work with one of the most experienced solar management teams in the U.S. and capitalize on the exciting growth of the global solar asset services sector. We look forward to working with RadianGEN in expanding their products and services around the world, especially in new markets in Asia and Europe.
RadianGENs services and Lens software improve returns on renewable energy investments through effective, comprehensive management of technical operations, financial reporting and contractual compliance. Investors can grow their portfolios, reduce risk and enhance continuity planning with a single, centralized platform that consolidates project information, field services, and management processes. The software is available as stand-alone Software as a Service (SaaS) or in combination with solar asset management services provided by RadianGENs growing staff of experts.
Paul Cheng, CEO of Solar Plus, remarked, RadianGEN already has a strong footprint in the U.S. asset management and O&M markets, and we are excited about this opportunity to support them in leveraging this service offering using the Lens software product. The software is a critical tool for helping owners understand and improve project performance, while reducing compliance risk. The investment in RadianGEN offers Solar Plus an opportunity to work with one of the most experienced solar management teams in the U.S. and capitalize on the exciting growth of the global solar asset services sector. We look forward to working with RadianGEN in expanding their products and services around the world, especially in new markets in Asia and Europe.
Chad Sachs, CEO of RadianGEN, commented, We are pleased to have found an investor and partner that values the long term performance of well-run assets. Investors want higher quality service at cost effective prices across a growing number of geographical jurisdictions. This investment provides us with the funding and strategic support to ensure that we can continue to grow with customers and remain a leading solar service provider.
Applied Energy Technologies (AET) Expands ECO Line with Rayport-B ECO East-West System
AET adapts rooftop solution for east/west orientation for maximum PV production.
Bombard Renewable Energy Chooses Yaskawa Solectria Solars SGI XTM U.S.-Made Utility-Scale Inverters
Yaskawa – Solectria Solar, the leading U.S. commercial PV inverter manufacturer, announced today that Bombard Renewable Energy chose its U.S.-made SGI XTM utility-scale inverters and SolrenView monitoring for a 17.5 megawatt (MW) community solar installation in the Mojave Desert, town of Pahrump, Nevada. The project is an undertaking by the Valley Electric Association (VEA), a member owned non-profit electric cooperative.
Bombard Renewable Energy is the engineering, procurement and construction (EPC) company for the 17.5MW site which spans 80 acres and utilizes all U.S.-made products including SolarWorld modules and Solar FlexRack racking. This PV system is unique in that it involved working closely with the U.S. Fish and Wildlife Service to design an innovative system that had the lowest impact on the endangered Desert Tortoise and its sensitive habitat.
Bombard Renewable Energy is the engineering, procurement and construction (EPC) company for the 17.5MW site which spans 80 acres and utilizes all U.S.-made products including SolarWorld modules and Solar FlexRack racking. This PV system is unique in that it involved working closely with the U.S. Fish and Wildlife Service to design an innovative system that had the lowest impact on the endangered Desert Tortoise and its sensitive habitat.
It was very important for this project to use U.S.-manufactured products only. Yaskawa Solectria Solar has been manufacturing their inverters in the U.S. since 2005 and has vast experience delivering successful projects. This experience, their strong balance sheet and responsive service team were extremely important during our decision-making process. We have the utmost confidence in the performance of their inverters, said Bo Balzar, Division Manager at Bombard Renewable Energy.
Yaskawa Solectria Solar is proud to be part of this innovative PV system that not only uses all U.S.-made products, but is also built to minimize impact to the endangered tortoises. It proves that manufacturers, EPC, utilities and public agencies can work together on projects that influence various facets of sustainability. Bombard is a great customer and did an excellent job with this design, said Mark Goodreau, Director of Sales at Yaskawa Solectria Solar.
Yaskawa Solectria Solar is proud to be part of this innovative PV system that not only uses all U.S.-made products, but is also built to minimize impact to the endangered tortoises. It proves that manufacturers, EPC, utilities and public agencies can work together on projects that influence various facets of sustainability. Bombard is a great customer and did an excellent job with this design, said Mark Goodreau, Director of Sales at Yaskawa Solectria Solar.
VEA has a fixed-rate power purchase agreement (PPA) with Nevada Valley Solar Solutions, LLC, that will operate the PV system and sell the energy to the VEA. In turn, the VEA will provide the cooperative with one of the lowest-priced solar energy rates in the nation. Over 25 years, the PV system will produce over 817,000,000 kWh of electricity which is equivalent to 14.5 million mature trees being planted, replacing 1.3 million barrels of oil and removing 1.3 billion cars from the road.
Intersolar award: Finalists Announced for the solar industry Innovation Prize
Complete with a new category and record number of submissions, this years Intersolar AWARD pays tribute to ground-breaking innovations in the solar industry for the ninth time in a row.
Canadian Solar to Showcase Dymond Module and SuperPower Module at 2016 SNEC
Canadian Solar, one of the world’s largest solar power companies, today announced that it will showcase the Dymond module and SuperPower module at the 2016 SNEC PV Power Expo to be held on May 24 to May 26, 2016 in Shanghai New International Expo Center.
Special promotion for Intersolar Europe
SolarMax Group extends guarantee for TP Series solar inverters
New support program being launched to encourage broad participation in Ontarios energy sector
The IESO is launching the Energy Partnerships Program (EPP) to support indigenous communities, co-operatives, municipalities and public sector entities in the participation of Ontario’s energy sector.
Quantum Materials Corp Enters Next Phase of Cadmium-free Quantum Dot Development
Company participating at SIDs Display Week Conference in San Francisco
Schletter Inc. Expands Management Team with New Chief Commercial Officer, Michael Reno
Solar mounting system manufacturer appoints new Chief Commercial Officer responsible for sales, marketing, and business development for solar market.
