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Vista Solar installs 261kW Solar Solution at Classic Bowling Center
The total savings is an estimated 88.8% offset of the regular PG &E bill, and was designed to produce 400,374kWh annually. Classic Bowling is now on an A-6 rate schedule which eliminated their high demand charges. Additionally, they were also able to take advantage of the 30% federal tax credit which will produce a payback under 3 years. With Vista Solar’s unique 10-year workmanship warranty, production guarantee, and monitoring services at no additional cost, Classic Bowling Center’s new solar solution can be enjoyed with full confidence for years to come.
Fitch Expects No Ratings Impact Related to Partial System Outage at Solar Star Funding, LLC
On Feb. 9, 2016, a fault with a high-voltage transformer bushing at Solar Star 1 resulted in one of the four transformers (two at each project) being taken out of service for repairs. The outage affects 144MW, equivalent to 25% of the project’s total capacity. A root cause analysis determined that the remaining transformer bushings must be replaced with updated versions to mitigate the potential for additional faults. The replacement work on the other three transformers generally results in minimal downtime taking approximately nine days to complete for each transformer. The bushing replacements and transformer repair costs are fully covered by the equipment warranties and O&M agreement.
The outage will reduce short-term revenues, although Fitch believes that the project should maintain adequate liquidity to support debt repayment during the outage period. Fitch’s revised base case and rating case for 2016 indicate debt service coverage ratios of 1.34x and 1.22x, respectively, reflecting a 10 basis point reduction compared to the prior forecast. Fitch believes that Solar Star’s expected near-term financial performance remains adequate to absorb additional temporary stresses. The project also benefits from a six-month debt service reserve and a six-month O&M reserve to support debt repayment and operating costs if required. Fitch’s long-term outlook remains unchanged given the project’s financial and operational resiliency.
SunEdison Announces Ilan Daskal As Chief Financial Officer Designee
SunEdison, the largest global renewable energy development company, today announced that Ilan Daskal has been appointed chief financial officer designee and executive vice president, effective upon his start with the company, no later than April 4, 2016.
Net metering – new function in EasySolar app
EasySolar app, a multiplatform, cloud-based software to create PV layouts and customized proposals has a new feature: net-metering.
Raising Power starts operation and management of Trianels Schipkau solar park
Augsburg March 10, 2016. Raising Power GmbH today announced that it is taking over the operation and management of Schipkau solar park in the German state of Brandenburg. The solar park, which is currently under construction, was acquired by the Trianel Erneuerbare Energien GmbH & Co. KG (TEE) in February 2016. Trianel has hired Raising Power GmbH, an independent operator of photovoltaic (PV) systems based in Augsburg, to manage the technical maintenance, operation and management of the 10-megawatt solar park.
Raising Power is an independent operator of photovoltaic systems that currently manages a worldwide portfolio of roughly 500 megawatts. We are looking forward to building our relationship with Trianel. By implementing our comprehensive package of technical services we will ensure trouble-free operation of the Schipkau solar park and maximize power output, said Raising Powers Managing Director, Michèle Rascher.
Trianel: A strong partner engaged in developing free field PV systems
The solar park in Schipkau is the first stage of collaboration between of Trianel and Raising Power. The solar park is being built by Solarwerke-Beteiligungsgesellschaft on a 20-hectare area in Oberspreewald-Lausitz County and, according to current forecasts, it will feed roughly 10 million kilowatt-hours of electricity into the power grid every year. Having a reliable operation manager like Raising Power at our side is hugely important to us. Only professionally monitored and optimally maintained PV systems produce the expected output and are profitable over the long term, said Andreas Lemke, Head of Decentralized Energy Systems at Trianel. Together with roughly 40 municipal utilities, Trianel plans to invest about 500 million euros into wind and solar energy production. The company plans to accumulate a portfolio of 275 megawatts in onshore wind parks and PV power plants by the end of 2018. To achieve this goal, Trianel will develop new power plants as well as acquire existing ones.
Optimized system performance through monitoring in Augsburg control center
To ensure continuous operation, Raising Power monitors all the PV systems in its portfolio from its control center in Augsburg. When a malfunction occurs, the experienced operation management team coordinates with the necessary technicians and handles repairs with extremely short response times. The company also performs scheduled maintenance activities to ensure seamless power production. We generate reliable yield forecasts for each system and compare these with the actual power production data. This allows us to identify problems in advance, prevent shortfalls, and maximize the yield, explained Dirk Stahf, Raising Powers Managing Director. As an independent service provider, Raising Power can be completely objective. We maximize the output of PV systems by identifying weaknesses and replacing faulty or inferior parts, irrespective of the interests of suppliers or installers of the various components, continued Mr. Stahf.
www.raising-power.com
Neem Extract Market : Global Industry Analysis By Application Market Size, Global Growth, Share And Forecast To 2015-2022 |Brisk Insights
According to a recently published report, the Global Neem Extract Market is expected to grow at the CAGR of 16.1% during 2015-2022 and it estimated to be $1.37 billion by 2022.
Urban Solar's Transit Lighting System Earns Global Safety Approval
Urban Solar’s solar powered LED transit lighting system has been given the nod of approval by the global independent safety giant UL.
Ascent Solar Announces New High-Voltage Solar Products to Meet Growing Demands of the High Altitude and Space Markets
Ascent Solar Technologies, a developer and manufacturer of flexible thin-film photovoltaic modules integrated into the Company’s EnerPlex series of consumer products, announced today the Company has introduced two new high voltage-low current products specifically designed to address the needs of the high altitude aerospace market.
Genability Announces a $3 Million Investment From WindSail Capital Group
Genability, Inc., a new energy software company, is pleased to announce a $3 million investment from WindSail Capital Group, a Boston-based investment firm that provides growth financing to companies advancing energy innovation and sustainability.
Spruce Expands Executive Team for Strategic Growth
Solar Technology & Consumer Finance Veterans Will Drive Volume and Scale
