Photovoltaics

Voya Financial Expects New Solar Energy System at Chandler Facility to Provide More than 663,600 Kilowatt-Hours of Clean, Renewable Energy in First Year

Thursday, October 29, 2020 - 2:20pm

* In addition, Voya estimates the solar carport system will provide 32% of the facilitys total energy, offsetting purchased utility power by the same percentage and delivering significant savings over the solar systems estimated 30-year or longer lifespan.

Key Points: 
  • * In addition, Voya estimates the solar carport system will provide 32% of the facilitys total energy, offsetting purchased utility power by the same percentage and delivering significant savings over the solar systems estimated 30-year or longer lifespan.
  • Clean energy was the start of our environmental sustainability efforts more than 13 years ago.
  • Voya worked with Arizona-based companies to design and build the system.
  • Hawkins Design Group in Gilbert was responsible for the parking garage, solar, efficient LED lighting and controls systems.

CIT Serves as Coordinating Lead Arranger for $151 Million Solar Project Financing

Thursday, October 29, 2020 - 1:00pm

NEW YORK, Oct. 29, 2020 /PRNewswire/ -- CIT Group Inc. (NYSE: CIT) today announced that its Power and Energy business served as coordinating lead arranger on a $151 million financing for the 250-megawatt Galloway I solar farm planned for Concho County, Texas.

Key Points: 
  • NEW YORK, Oct. 29, 2020 /PRNewswire/ -- CIT Group Inc. (NYSE: CIT) today announced that its Power and Energy business served as coordinating lead arranger on a $151 million financing for the 250-megawatt Galloway I solar farm planned for Concho County, Texas.
  • The financing was arranged on behalf of Skyline Renewables and 8minute Solar Energy (8minute), which will continue to jointly oversee development and construction of the project.
  • CIT led a group of four other lenders in arranging the financing, with Morgan Stanley Renewables serving as tax equity investor.
  • "We greatly appreciated the expertise of CIT's Power and Energy team in leading the financing for this exciting new project."

Ashley Furniture Industries Completes One of the Largest Rooftop Solar Installations in the Country

Tuesday, October 27, 2020 - 2:37pm

According to solar PV installation records tracked by SEIA, the national trade association for the U.S. solar industry, the project is the largest rooftop solar energy system in the state of Pennsylvania and ranks amongst the largest commercial rooftop solar installations in the nation.

Key Points: 
  • According to solar PV installation records tracked by SEIA, the national trade association for the U.S. solar industry, the project is the largest rooftop solar energy system in the state of Pennsylvania and ranks amongst the largest commercial rooftop solar installations in the nation.
  • The solar panel project we have at Ashley is just one more example of Ashleys sustainability efforts for our global marketplace and local communities, said Todd Wanek, President and CEO, of Ashley Furniture Industries, Inc.
  • Ashley partnered with SunPeak, a leading developer in the solar industry, to design and install the solar systems.
  • Visit Ashley online at www.ashleyfurnitureindustriesinc.com and like Ashley Furniture Industries, Inc. on Facebook .

SinglePoint Subsidiary Signs First-of-its-kind Agreement with Soligent, the Nation's Largest Solar Materials Supplier

Tuesday, October 27, 2020 - 12:30pm

PHOENIX, Oct. 27, 2020 /PRNewswire/ -- SinglePoint Inc (OTC: SING) is pleased to announce the company's solar subsidiary Direct Solar of America has signed an agreement with Soligent Distribution LLC.

Key Points: 
  • PHOENIX, Oct. 27, 2020 /PRNewswire/ -- SinglePoint Inc (OTC: SING) is pleased to announce the company's solar subsidiary Direct Solar of America has signed an agreement with Soligent Distribution LLC.
  • The agreement provides Direct Solar of America the ability to sell, finance and supply contractors with the materials every project needs through Direct Solar of America.
  • This provides instant growth for the company as the company will recognize additional revenue streams and profit through the agreement.
  • Soligent Distribution is the largest pure-play solar distributor in the Americas, supplying thousands of solar installers and contractors with solar energy equipment, engineering services and project financing solutions.

Leading Edge Equipment Technologies Completes $7.6 Million Series A Financing to Commercialize Revolutionary Semiconductor Manufacturing Technology

Tuesday, October 27, 2020 - 11:00am

Leading Edge Equipment Technologies, the maker of revolutionary silicon wafer manufacturing equipment for solar panels, announced today the closing of $7.6 million in Series A financing led by Prime Impact Fund .

Key Points: 
  • Leading Edge Equipment Technologies, the maker of revolutionary silicon wafer manufacturing equipment for solar panels, announced today the closing of $7.6 million in Series A financing led by Prime Impact Fund .
  • Were excited to work with Rick, Alison, Nathan, and the rest of the team to quickly commercialize this manufacturing technology.
  • Leading Edge empowers solar panel manufacturers with a new drop-in manufacturing technology that produces kerfless, single-crystal silicon wafers.
  • Leading Edge Equipment Technologies has developed a revolutionary crystal growth manufacturing technology that creates kerfless, single-crystal silicon wafers for solar panels.

Canadian Solar Launches Series 7 Modules of up to 665 W

Tuesday, October 27, 2020 - 11:00am

He added, "As always, the design of our new Series 7 modules puts our customer needs at heart.

Key Points: 
  • He added, "As always, the design of our new Series 7 modules puts our customer needs at heart.
  • Canadian Solar was founded in 2001 in Canada and is one of the world's largest solar power companies.
  • Over the past 19 years, Canadian Solar has successfully delivered over 46 GW of premium-quality, solar photovoltaic modules to customers in over 150 countries.
  • Canadian Solar is one of the most bankable companies in the solar industry, having been publicly listed on NASDAQ since 2006.

Building-Integrated Photovoltaics Facade Market Research Report by Technology, by End User - Global Forecast to 2025 - Cumulative Impact of COVID-19

Tuesday, October 27, 2020 - 10:30am

Based on End User, the Building-Integrated Photovoltaics Facade Market studied across Commercial, Industrial, and Residential.

Key Points: 
  • Based on End User, the Building-Integrated Photovoltaics Facade Market studied across Commercial, Industrial, and Residential.
  • What is the market size and forecast of the Global Building-Integrated Photovoltaics Facade Market?
  • What are the inhibiting factors and impact of COVID-19 shaping the Global Building-Integrated Photovoltaics Facade Market during the forecast period?
  • What are the modes and strategic moves considered suitable for entering the Global Building-Integrated Photovoltaics Facade Market?

ReneSola Power and Novergy to Form Joint Venture to Develop Solar Projects in the UK

Monday, October 26, 2020 - 2:33pm

As part of the agreement, ReneSola Power and Novergy will create a joint venture company.

Key Points: 
  • As part of the agreement, ReneSola Power and Novergy will create a joint venture company.
  • This agreement with Renesola Power is a testament to Novergy's track record and a significant step towards our mission to develop 1GW of solar projects in the UK over the next few years."
  • ReneSola Power (NYSE: SOL) is a leading global solar project developer and operator.
  • Our mission is the origination, development, design, financing, construction and operation of new solar PV in the UK.

Worksport Engages Thermal Technology Services Canada to Test Increasing Solar Panel Efficiency

Monday, October 26, 2020 - 12:30pm

TORONTO, Oct. 26, 2020 (GLOBE NEWSWIRE) -- Worksport Ltd (OTC:WKSP) (or the Company) has engaged Thermal Technology Services Canada, to test the Companys groundbreaking TerraVis solar panel technology to increase its efficiency.

Key Points: 
  • TORONTO, Oct. 26, 2020 (GLOBE NEWSWIRE) -- Worksport Ltd (OTC:WKSP) (or the Company) has engaged Thermal Technology Services Canada, to test the Companys groundbreaking TerraVis solar panel technology to increase its efficiency.
  • Proprietary, high efficiency solar panels built into the rugged tonneau coverthe likes of which Worksport has become widely known forwill collect the sun's rays and store energy in multiple battery banks.
  • Worksports preliminary engagement with Thermal Technology is to see if we could increase the efficiency and conductivity of the metals used in our panels, said Worksport CEO Steven Rossi.
  • However, it is believed that the increase of solar efficiency has been witnessed as a result of temperature modulations positive effects on silicone solar cells.

Solar PV Backsheet Market | Increasing Use of Thin-film Solar PV Modules to Boost the Market Growth | Technavio

Friday, October 23, 2020 - 8:00pm
Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20201023005239/en/
    Technavio has announced its latest market research report titled Global Solar PV Backsheet Market 2020-2024 (Graphic: Business Wire)
    The application of thin-film solar PV modules is gaining popularity as they offer improved flexibility and cost lower in comparison to other solar PV modules.
  • Backsheets are used to boost the efficiency of performance of thin-film solar PV modules by providing a high vapor barrier.
  • The increasing use of thin-film solar PV modules is identified as one of the critical reasons that will drive the solar PV backsheet market growth.
  • APAC was the largest solar PV backsheet market in 2019, and the region will offer several growth opportunities to market vendors during the forecast period.