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BOSTON, MA – May 21, 2013 – The solar photovoltaic (PV) market is poised to rise from the ashes of its 2011 crisis to grow to $155 billion in 2018, as market forces engineer a turnaround to a healthy 10.5% compound annual growth rate (CAGR), says Lux Research. In the most likely scenario, the PV market will grow at a modest clip to 35 GW in 2013 before rapidly ramping up to 61.7 GW in 2018. “Manufacturers’ nightmare is turning into a long-term boon for the industry. Record low prices pushed gross margins...... continue reading
From: Distributed Energy Topics: Solar
Los Angeles – Today, the Sierra Club’s My Generation Campaign welcomed news that California has broken another record in its continued expansion of clean energy generation having reached 150,000 rooftop solar installations. Evan Gillespie, Director of Sierra Club’s My Generation Campaign released the following statement: “150,000 rooftop solar installations is clear evidence that Californians want clean renewable energy generation to keep expanding. That’s pollution-free energy powering our clean energy ...... continue reading
From: Distributed Energy Topics: Solar
WASHINGTON, DC -- In celebration of Armed Services Day, the Solar Energy Industries Association (SEIA) today released a first-of-its-kind report <http://www.seia.org/research-resources/enlisting-sun-powering-us-military-solar-energy> detailing how innovative solar technologies are helping the U.S. military meet many of its critical functions – from security and battlefield readiness to cost savings and efficiency. Enlisting the Sun: Powering the U.S. Military with Solar Energy <http://www.seia.o...... continue reading
From: Distributed Energy Topics: Solar
Boulder, Colo. (April 30, 2013) Pioneer solar garden developer Clean Energy Collective (CEC) commemorated the ground breaking for development of the first community solar garden to serve the City of Aurora and Arapahoe County. Xcel Energy’s residential and businesses customers will gain the opportunity to use clean, locally-produced renewable energy without the hassle or up-front cost of putting a system on their roof…or even needing to own a roof. The 500 kW Aurora/Arapahoe Solar Array is being construc...... continue reading
From: Distributed Energy Topics: Solar
London (April 25, 2013) – The worldwide market for PV storage is forecast to grow rapidly to reach $19 billion in 2017, from less than $200 million in 2012, according to a new report entitled ‘The Role of Energy Storage in the PV Industry’ from IMS Research, now part of IHS Inc. (NYSE: IHS). Following the introduction of an energy storage subsidy in Germany, global installations of PV storage systems are forecast to grow by more than 100 percent a year on average over the next five years, to reach almost...... continue reading
From: Distributed Energy Topics: Solar
El Segundo, Calif. (April 23, 2013)—Reflecting a major shift in the global solar market after four years of severe erosion, prices for photovoltaic (PV) modules in the key European market are rising due to number of factors—including the newly restored balance between supply and demand. The average selling price (ASP) for Chinese crystalline silicon (c-Si) PV modules shipped to the European Union increased by 4 percent in March, the first monthly rise since January 2009, according to the IHS iSuppli PV M...... continue reading
From: Distributed Energy Topics: Solar
Lawrence, MA - April 22, 2013 - Solectria Renewables, LLC, the leading U.S. PV inverter manufacturer, commissioned a 2.15MW array at Cedarville University today, Earth Day, in Cedarville, Ohio. Cincinnati-based project developer and EPC, Melink Corporation, chose Solectria Renewables' SGI series inverters to power this installation and SolrenViewTM, web-based monitoring, to monitor the array's energy activity. "We chose Solectria Renewables' inverters after extensive research of solar inverter manufactur...... continue reading
From: Distributed Energy Topics: Solar
BALTIMORE (April 22, 2013) — University of Maryland Medical System (UMMS), Constellation and BITHENERGY today announced the completion of a 3.66-megawatt DC, grid-connected, solargeneration project in Somerset County, Md. In honor of the project’s completion, a celebration and ribbon-cutting were held today as part of Earth Day activities at the University of Maryland Medical Center in Baltimore. Representatives from UMMS, Constellation, BITHENERGY, and state and local government were on hand for the eve...... continue reading
From: Distributed Energy Topics: Solar
Annual Top 10 List Ranks Utilities by Megawatts and Watts-Per-Customer of Installed Solar Electricity Capacity Washington, D.C., April 16, 2013 – The Solar Electric Power Association (SEPA) today named the Top 10 American electric utilities that have added the most new solar power to their systems and the most solar on a watts-per-customer basis in 2012. This annual ranking, which identifies the companies that are integrating solar into the nation’s power grid, is part of the sixth annual Utility Solar ...... continue reading
From: Distributed Energy Topics: Solar
WASHINGTON, DC -- (April 16, 2013) The U.S. Department of Energy's (DOE) National Renewable Energy Laboratory (NREL), and DOE's Sandia National Laboratories (Sandia) extend their support for the truSolar® Working Group’s efforts to develop uniform open source risk scoring standards and rating criteria for solar projects that will facilitate lower transaction and capital costs, and improve project finance liquidity within the commercial and industrial solar segment. “truSolar represents a valuable opportu...... continue reading
From: Distributed Energy Topics: Solar
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