Solar Energy Industries Association

Modernized Solutions Make Renewable Energy a Dependable Alternative

Thursday, October 14, 2021 - 2:00pm

NEW YORK, Oct. 14, 2021 /PRNewswire/ -- There is strong demand for new alternative, renewable and green energy.

Key Points: 
  • NEW YORK, Oct. 14, 2021 /PRNewswire/ -- There is strong demand for new alternative, renewable and green energy.
  • In recent years, novel technologies have allowed for more affordable energy storage from alternative energy sources.
  • The OPTEC Solar Generator is powered exclusively by pure solar energy and does not require any alternative fuels.
  • "California is the nation's leader in deploying clean, renewable energy, a trend that is accelerating rapidly," commented Gaylon Morris, Chief Executive Officer of Sunworks.

Modernized Solutions Make Renewable Energy a Dependable Alternative

Thursday, October 14, 2021 - 2:00pm

NEW YORK, Oct. 14, 2021 /PRNewswire/ -- There is strong demand for new alternative, renewable and green energy. In recent years, novel technologies have allowed for more affordable energy storage from alternative energy sources. However, it was the solar sector in particular that went through a surge of implementation, both for residential and commercial purposes. And, according to a research report by Mordor Intelligence LLP, the global solar energy installed capacity is registered to be 728 GW and is estimated to grow to 1645 gigawatts (GW) in 2026, while growing at a CAGR of 13.78% from 2021 to 2026. OPTEC International, Inc. (OTC: OPTI), ReneSola Ltd (NYSE: SOL), SunPower Corp. (NASDAQ: SPWR), Sunworks, Inc. (NASDAQ: SUNW), Canadian Solar Inc. (NASDAQ: CSIQ)

Key Points: 
  • NEW YORK, Oct. 14, 2021 /PRNewswire/ -- There is strong demand for new alternative, renewable and green energy.
  • In recent years, novel technologies have allowed for more affordable energy storage from alternative energy sources.
  • The OPTEC Solar Generator is powered exclusively by pure solar energy and does not require any alternative fuels.
  • "California is the nation's leader in deploying clean, renewable energy, a trend that is accelerating rapidly," commented Gaylon Morris, Chief Executive Officer of Sunworks.

Solar Energy Systems Offer a Cleaner Power Alternative

Friday, October 8, 2021 - 2:00pm

In addition, the decrease in water footprint associated with solar energy systems has fueled their demand in power generation sectors.

Key Points: 
  • In addition, the decrease in water footprint associated with solar energy systems has fueled their demand in power generation sectors.
  • Furthermore, the demand for parabolic troughs and solar power towers in electricity generation is expected to boost the demand for concentrated solar power systems.
  • The OPTEC Solar Generator is a trailer-mounted mobile generator designed to meet the off-grid generation of power.
  • The OPTEC Solar Generator is powered exclusively by pure solar energy and does not require any alternative fuels.

Solar Energy Systems Offer a Cleaner Power Alternative

Friday, October 8, 2021 - 2:00pm

NEW YORK, Oct. 8, 2021 /PRNewswire/ -- The growth of the solar energy market is strongly driven by the increase in environmental pollution and expansion of government incentives and tax rebates to install solar panels. In addition, the decrease in water footprint associated with solar energy systems has fueled their demand in power generation sectors. Overall, the demand for solar cells has gained major traction, owing to surge in rooftop installations, followed by the increase in applications in the architectural sector. Furthermore, the demand for parabolic troughs and solar power towers in electricity generation is expected to boost the demand for concentrated solar power systems. And, according to data by Allied Market Research, the global solar energy market was valued at USD 52.5 Billion in 2018 and is projected to reach USD 223.3 Billion by 2026 while growing at a CAGR of 20.5% from 2019 to 2026. OPTEC International, Inc. (OTC: OPTI), Ascent Solar Technologies, Inc. (OTC: ASTI), ReneSola Ltd. (NYSE: SOL), FTC Solar (NASDAQ: FTCI), SunHydrogen, Inc. (OTC: HYSR)

Key Points: 
  • In addition, the decrease in water footprint associated with solar energy systems has fueled their demand in power generation sectors.
  • Furthermore, the demand for parabolic troughs and solar power towers in electricity generation is expected to boost the demand for concentrated solar power systems.
  • The OPTEC Solar Generator is a trailer-mounted mobile generator designed to meet the off-grid generation of power.
  • The OPTEC Solar Generator is powered exclusively by pure solar energy and does not require any alternative fuels.

New Report Shows Rapidly Increasing Distributed Solar and Storage is Critical to Achieving President Biden’s Climate and Equity Goals at the Lowest Cost

Thursday, October 7, 2021 - 12:00pm

The U.S. must deploy a minimum of 103 gigawatts (GW) of distributed, local solar power and 137 GW of distributed energy storage by 2030 to achieve President Bidens climate and equity goals at the lowest cost.

Key Points: 
  • The U.S. must deploy a minimum of 103 gigawatts (GW) of distributed, local solar power and 137 GW of distributed energy storage by 2030 to achieve President Bidens climate and equity goals at the lowest cost.
  • At least 103 GW of distributed solar and 137 GW of distributed storage must be deployed by 2030 to achieve President Bidens goals at the lowest cost.
  • Scaling up distributed solar and storage reduces stress on utility-scale resources and enables access to 579 GW of utility-scale solar and 442 GW of wind.
  • Scaling up distributed solar and storage saves all ratepayers over $109 billion by 2030 compared to deploying utility-scale renewables only.

Global Solar PV Panels Commercial Segment Booming Aided by Growing Demand for Clean Energy Systems in Residential Sector

Wednesday, October 6, 2021 - 1:45pm

The residential sector is gaining momentum in solar PV panel installations owing to net metering schemes for on-grid systems and availability of energy storage systems for off-grid systems.

Key Points: 
  • The residential sector is gaining momentum in solar PV panel installations owing to net metering schemes for on-grid systems and availability of energy storage systems for off-grid systems.
  • The commercial segment held the largest market share of 30.4% and was valued at USD 35.0 billion in 2019.
  • Rapid penetration of solar PV panels across corporate offices, hotels, and hospitals coupled with growing power demand from communication base stations and data centers is expected to propel the product demand across the commercial sector.
  • In addition, enhanced panel efficiency, improved energy yield, and module-level monitoring are among the key factors driving the PV panel adoption in this segment."

Global Solar PV Panels Commercial Segment Booming Aided by Growing Demand for Clean Energy Systems in Residential Sector

Wednesday, October 6, 2021 - 1:45pm

PALM BEACH, Fla., Oct. 6, 2021 /PRNewswire/ -- Growing demand for renewable-based clean electricity coupled with government policy tax rebates and incentives to install solar panels is expected to drive the market in the coming years. Firms in commercial and industrial sectors are among the chief consumers of solar photovoltaic (PV) panels owing to their large scale requirement for green power. Economies of scale installation in these sectors compensate for any loss in panel efficiency, thereby making the solar PV systems profitable for large scale power generation. The residential sector is gaining momentum in solar PV panel installations owing to net metering schemes for on-grid systems and availability of energy storage systems for off-grid systems.  The solar power markets have been one of the very few industries that have seen growth in spite of the pandemic. As technology costs have fallen and efficiencies have increased, providing more energy output per square foot, solar has become one of the primary sources of new electrical capacity installed across the United States. A report from Grand View Research said that the global solar PV panels market size was valued at USD 115.2 billion in 2019 and is projected to grow at a compound annual growth rate (CAGR) of 4.3% from 2020 to 2027.   Active Companies in the markets today include Green Stream Holdings Inc. (OTCPK: GSFI), Enphase Energy, Inc. (NASDAQ: ENPH), First Solar, Inc. (NASDAQ: FSLR), Sunrun Inc. (NASDAQ: RUN), SunPower Corp. (NASDAQ: SPWR).

Key Points: 
  • The residential sector is gaining momentum in solar PV panel installations owing to net metering schemes for on-grid systems and availability of energy storage systems for off-grid systems.
  • The commercial segment held the largest market share of 30.4% and was valued at USD 35.0 billion in 2019.
  • Rapid penetration of solar PV panels across corporate offices, hotels, and hospitals coupled with growing power demand from communication base stations and data centers is expected to propel the product demand across the commercial sector.
  • In addition, enhanced panel efficiency, improved energy yield, and module-level monitoring are among the key factors driving the PV panel adoption in this segment."

Developers Take Innovative Approaches to Alternative Energy Production

Tuesday, October 5, 2021 - 2:00pm

To meet 30% solar by 2030 and President Biden's clean energy goals, the solar industry must double its deployment pace.

Key Points: 
  • To meet 30% solar by 2030 and President Biden's clean energy goals, the solar industry must double its deployment pace.
  • The company previously intended to begin production pre pandemic and parked the project due to limited access for employees and components during the pandemic crisis.
  • The OPTEC Solar Generator is powered exclusively by pure solar energy and does not require any alternative fuels.
  • "Our vision for EdisionFuture is to be leaders in sustainable transportation with focuses on and innovative design, energy efficiency and purpose-driven mobility applications.

Developers Take Innovative Approaches to Alternative Energy Production

Tuesday, October 5, 2021 - 2:00pm

NEW YORK, Oct. 5, 2021 /PRNewswire/ -- Demand for solar energy is on the rise around the world. In the U.S., the second quarter of 2021 has also seen impressive gains in implementation of solar. According to the Solar Energy Industries Association (SEIA) the U.S. installed 5.7 gigawatts (GWdc) of solar PV capacity in Q2 2021 to reach 108.7 GWdc of total installed capacity, enough to power 18.9 million American homes. The U.S. officially surpassed 3 million installations across all market segments, the vast majority of which are residential systems. Before the investment tax credit (ITC) fully phases down under current law, the solar industry is set to continue to break annual installation records every year for the next three years. OPTEC International, Inc. (OTC: OPTI), SPI Energy Co., Ltd. (NASDAQ: SPI), Babcock & Wilcox Enterprises, Inc. (NYSE: BW), Sunworks, Inc. (NASDAQ: SUNW), ReneSola Ltd. (NYSE: SOL)

Key Points: 
  • To meet 30% solar by 2030 and President Biden's clean energy goals, the solar industry must double its deployment pace.
  • The company previously intended to begin production pre pandemic and parked the project due to limited access for employees and components during the pandemic crisis.
  • The OPTEC Solar Generator is powered exclusively by pure solar energy and does not require any alternative fuels.
  • "Our vision for EdisionFuture is to be leaders in sustainable transportation with focuses on and innovative design, energy efficiency and purpose-driven mobility applications.

Innovations in Alternative Energy Create Unique Solutions to Longstanding Problems

Wednesday, September 29, 2021 - 2:00pm

There is strong demand for new alternative, renewable and green energy.

Key Points: 
  • There is strong demand for new alternative, renewable and green energy.
  • In recent years, new technologies have allowed for more affordable energy storage from alternative energy sources, but the solar sector in particular has went through a surge of implementation, both for residential and commercial purposes.
  • The OPTEC Solar Generator is powered exclusively by pure solar energy and does not require any alternative fuels.
  • A pioneer in the financially driven digital space, video production and integration of social media, FinancialBuzz.com creates 100% unique original content.