Photovoltaics

Global Energy Harvesting System Market Aims for $918 Million by 2028, Fueled by 10.0% CAGR

Retrieved on: 
Wednesday, September 13, 2023

The global energy harvesting system market is on track to expand significantly, with an estimated value of $918 million projected by 2028, marking a robust Compound Annual Growth Rate (CAGR) of 10.0% from 2023 to 2028.

Key Points: 
  • The global energy harvesting system market is on track to expand significantly, with an estimated value of $918 million projected by 2028, marking a robust Compound Annual Growth Rate (CAGR) of 10.0% from 2023 to 2028.
  • Vibration Energy Harvesting Segment to Thrive:
    Among the various technologies in the energy harvesting system market, vibration energy harvesting is expected to experience rapid growth during the forecast period.
  • Building & Home Automation Application Segment to Soar:
    Building & home automation is anticipated to be one of the fastest-growing application segments in the energy harvesting system market.
  • North America Leading the Charge:
    North America is poised to hold a substantial market share in the energy harvesting system market during the forecast period.

KBRA Assigns Ratings to Sunnova Helios XII Issuer, LLC Solar Loan Backed Notes, Series 2023-B

Retrieved on: 
Wednesday, August 30, 2023

KBRA assigns ratings to three classes of notes issued by Sunnova Helios XII Issuer, LLC Solar Loan Backed Notes, Series 2023-B (“Sunnova 2023-B”), a $242.7 million residential solar loan ABS transaction.

Key Points: 
  • KBRA assigns ratings to three classes of notes issued by Sunnova Helios XII Issuer, LLC Solar Loan Backed Notes, Series 2023-B (“Sunnova 2023-B”), a $242.7 million residential solar loan ABS transaction.
  • The transaction is collateralized by approximately $400.4 million of residential solar loans.
  • While Sunnova’s residential solar loan agreements offer 10- and 15-year loans, the majority of the pool (99.2%) has 25-year original terms.
  • KBRA also conducted an operational assessment of Sunnova, as well as a review of the transaction’s legal structure and transaction documents.

 Tigo Energy Supports SolaX Power as Rapid Shutdown Rules Continue Global Advance

Retrieved on: 
Wednesday, August 16, 2023

Tigo Energy, Inc. (“Tigo” or the “Company”) (Nasdaq: TYGO), a leading provider of intelligent solar and energy storage solutions, today announced its continued progress in bringing rapid shutdown technology to solar installers in Brazil.

Key Points: 
  • Tigo Energy, Inc. (“Tigo” or the “Company”) (Nasdaq: TYGO), a leading provider of intelligent solar and energy storage solutions, today announced its continued progress in bringing rapid shutdown technology to solar installers in Brazil.
  • “We are confident in having Tigo on our side as rapid shutdown safety technology and AFCI protection begins to become a requirement throughout Brazil.
  • Our inverters are fully compatible with Tigo MLPE technology, so our installers can easily add rapid shutdown to their systems.”
    The technical standard for rapid shutdown in Minas Gerais is defined in Fire Department technical instruction No.
  • For more information about Tigo Flex MLPE products, please contact the Tigo Energy sales team here .

KBRA Assigns Preliminary Ratings to Sunnova Helios XII Issuer, LLC Solar Loan Backed Notes, Series 2023-B

Retrieved on: 
Tuesday, August 15, 2023

KBRA assigns preliminary ratings to three classes of notes issued by Sunnova Helios XII Issuer, LLC Solar Loan Backed Notes, Series 2023-B (“Sunnova 2023-B”), a $242.7 million residential solar loan ABS transaction.

Key Points: 
  • KBRA assigns preliminary ratings to three classes of notes issued by Sunnova Helios XII Issuer, LLC Solar Loan Backed Notes, Series 2023-B (“Sunnova 2023-B”), a $242.7 million residential solar loan ABS transaction.
  • The transaction is collateralized by approximately $400.4 million of residential solar loans.
  • While Sunnova’s residential solar loan agreements offer 10- and 15-year loans, the majority of the pool (99.2%) has 25-year original terms.
  • KBRA also conducted an operational assessment of Sunnova, as well as a review of the transaction’s legal structure and transaction documents.

Sarcos and Blattner Company Sign Agreement for Development of Autonomous Robotic Solar Construction System

Retrieved on: 
Wednesday, July 19, 2023

The agreement focuses on the development and refinement of Sarcos’ autonomous mobile robotic system designed to optimize employee safety and enhance the efficiency of the installation of photovoltaic (PV) modules for utility-scale solar projects.

Key Points: 
  • The agreement focuses on the development and refinement of Sarcos’ autonomous mobile robotic system designed to optimize employee safety and enhance the efficiency of the installation of photovoltaic (PV) modules for utility-scale solar projects.
  • View the full release here: https://www.businesswire.com/news/home/20230719625043/en/
    Sarcos and Blattner Company Sign Agreement for Development of Autonomous Robotic Solar Construction System (Photo: Business Wire)
    “Like many industries, the solar construction industry is experiencing significant worker shortages post-COVID and has not yet recovered,” said Laura Peterson, Interim President and CEO, Sarcos.
  • “Our autonomous robotic solar construction system is expected to ease these workforce challenges while improving overall safety and speed in the solar installation process.”
    Robotic technology is becoming critical to the global effort to increase solar power output, given worker shortages and the labor-intensive solar installation process.
  • Improving construction speed: The O-AMPP system will enable faster installation speeds of PV modules, often the most labor-intensive task when constructing a PV site.

Solar Power Accelerator’s pioneering greenfield microgrid is turnkey commissioned along Scandinavia's busiest traffic junction on European interstate highway route E6

Retrieved on: 
Monday, June 12, 2023

The pilot facility is installed along the European route E6 at one of the most congested highway intersections in Scandinavia between Malmö and Helsingborg.

Key Points: 
  • The pilot facility is installed along the European route E6 at one of the most congested highway intersections in Scandinavia between Malmö and Helsingborg.
  • Solar Power Accelerator has signed right of use agreements with its landlord and real estate developer Er-Ho Bygg AB for a lease period of 25 years.
  • Furthermore, Solar Power Accelerator settles offtake and power-purchase agreements with the national and regional power utility grid.
  • Solar Power Accelerator AB ( https://www.solarpwr.se ) is a micro-producer of on-site solar generation and micro-grid operator of surplus electricity from commercial utility scale rooftop solar power.

Delta Showcases Smart Energy Solutions for Low-Carbon Grids and Energy Transition at The Smarter E Europe

Retrieved on: 
Thursday, June 8, 2023

HANNOVER, Germany, June 8, 2023 /PRNewswire/ -- Delta, a global leader in power and thermal management solutions, announces its participation at The Smarter E Europe in Munich to demonstrate its revolutionary Smart Energy Solutions for low-carbon electricity grid and energy transition.

Key Points: 
  • HANNOVER, Germany, June 8, 2023 /PRNewswire/ -- Delta, a global leader in power and thermal management solutions, announces its participation at The Smarter E Europe in Munich to demonstrate its revolutionary Smart Energy Solutions for low-carbon electricity grid and energy transition.
  • By comprising Delta's solar energy, energy storage and electric vehicle (EV) charging solutions, its smart energy solutions enable the harnessing of renewable energy sources, facilitate the deployment of charging service and optimize the energy efficiency at the point of consumption.
  • " Vincent Lin, Senior Director of e-Mobility & Smart Energy Solutions business development, Delta EMEA, added.
  • Delta's booth at The Smarter E Europe is located in Hall B3, Booth No 350, from 14–16 June at Messe Munich.

Delta Showcases Smart Energy Solutions for Low-Carbon Grids and Energy Transition at The Smarter E Europe

Retrieved on: 
Thursday, June 8, 2023

HANNOVER, Germany, June 8, 2023 /PRNewswire/ -- Delta, a global leader in power and thermal management solutions, announces its participation at The Smarter E Europe in Munich to demonstrate its revolutionary Smart Energy Solutions for low-carbon electricity grid and energy transition.

Key Points: 
  • HANNOVER, Germany, June 8, 2023 /PRNewswire/ -- Delta, a global leader in power and thermal management solutions, announces its participation at The Smarter E Europe in Munich to demonstrate its revolutionary Smart Energy Solutions for low-carbon electricity grid and energy transition.
  • By comprising Delta's solar energy, energy storage and electric vehicle (EV) charging solutions, its smart energy solutions enable the harnessing of renewable energy sources, facilitate the deployment of charging service and optimize the energy efficiency at the point of consumption.
  • " Vincent Lin, Senior Director of e-Mobility & Smart Energy Solutions business development, Delta EMEA, added.
  • Delta's booth at The Smarter E Europe is located in Hall B3, Booth No 350, from 14–16 June at Messe Munich.

Solar Technology Expert Shares His Solutions to Reach Net Zero Energy

Retrieved on: 
Monday, June 5, 2023

BOSTON, June 5, 2023 /PRNewswire-PRWeb/ -- Frank C. Pao has spent more than 20 years working in the field of energy and technology. In his new book, "For the Beauty of Earth: Solutions to Net Zero Energy," he details how solar power can not only be functional, but attractive and versatile, helping to achieve net zero energy.

Key Points: 
  • In his new book, "For the Beauty of Earth: Solutions to Net Zero Energy," he details how solar power can not only be functional, but attractive and versatile, helping to achieve net zero energy.
  • Since pioneering the development and deployment of Building Integrated Photovoltaic Thermal (BIPVT) technology in 2007, Pao has continually worked towards improvements in solar technology.
  • BIPVT is a technology which merges Photovoltaics, a nonmechanical device that converts sunlight directly into electricity, with thermal systems, simultaneously providing both electric and thermal energy.
  • "For the Beauty of Earth: Solutions to Net Zero Energy"

Powering Chicago e-book offers guidance on how properly installed solar electric systems can benefit your business or community

Retrieved on: 
Thursday, May 18, 2023

CHICAGO, May 18, 2023 /PRNewswire/ -- With economic and environmental reasons for considering photovoltaic (PV) systems, Powering Chicago published a new e-book, Determining if a Solar Electric (Photovoltaic, PV) System is Right for Your Facility.

Key Points: 
  • CHICAGO, May 18, 2023 /PRNewswire/ -- With economic and environmental reasons for considering photovoltaic (PV) systems, Powering Chicago published a new e-book, Determining if a Solar Electric (Photovoltaic, PV) System is Right for Your Facility.
  • Despite the real benefits of PV systems, commonly called solar electric systems, the many considerations around them can be overwhelming.
  • "Powering Chicago's qualified contractors are glad to share their expertise with business leaders considering their transition to solar through this free e-book."
  • Determining if a Solar Electric (Photovoltaic, PV) System is Right for Your Facility contains these six sections.