Solar power

Venture Capital Funding in Solar Jumps 56% with $7 Billion in 2022, Reports Mercom Capital Group

Retrieved on: 
Tuesday, January 17, 2023

Mercom Capital Group, a global clean energy communications and consulting firm, released its annual report on funding and merger and acquisition ( M&A ) activity for the solar sector in 2022.

Key Points: 
  • Mercom Capital Group, a global clean energy communications and consulting firm, released its annual report on funding and merger and acquisition ( M&A ) activity for the solar sector in 2022.
  • Total corporate funding worldwide in the solar sector, including venture capital and private equity (VC), debt financing, and public market financing, came to $24.1 billion in 2022, a decline of 13% compared to $27.8 billion in 2021.
  • In 2022, we saw record venture capital and private equity funding; solar companies were acquired in record numbers; and solar projects saw its second best year for acquisitions,” commented Raj Prabhu, CEO of Mercom Capital Group.
  • Of the $7 billion in VC funding in 90 deals in 2022, $5.9 billion (84%) went to 62 Solar Downstream companies.

Castillo Engineering Selected by Solar Generation for 75 MW Portfolio of Community Solar Projects in New York

Retrieved on: 
Tuesday, October 18, 2022

MAITLAND, Fla., Oct. 18, 2022 /PRNewswire/ -- Castillo Engineering announced today that the company has been selected by Solar Generation, a leading engineering, construction and procurement (EPC) firm, to provide electrical design and engineering for a 75 MW portfolio of eleven community solar projects in New York. Castillo Engineering's site optimization expertise resulted in significant cost savings for each of these projects, all of which use fixed tilt mounting technology and bifacial solar modules. The majority of the projects are currently under construction and will be completed throughout the remainder of 2022 and 2023.

Key Points: 
  • MAITLAND, Fla., Oct. 18, 2022 /PRNewswire/ -- Castillo Engineering announced today that the company has been selected by Solar Generation , a leading engineering, construction and procurement (EPC) firm, to provide electrical design and engineering for a 75 MW portfolio of elevencommunity solar projects in New York.
  • This 75 MW portfolio of projects, which represents Castillo Engineering's third portfolio of community solar projects completed in New York in 2022 alone - totaling nearly 140 MW, joins the company's over 300 utility-scale projects completed to date.
  • "Solar Generation is a leader in community solar projects in New York and we are pleased to have been selected by them to utilize our design and engineering expertise to help provide more affordable clean energy for local communities," said Christopher Castillo, CEO of Castillo Engineering.
  • In addition to partnering on this 75 MW portfolio of community solar projects in New York, Solar Generation has also selected Castillo Engineering to provide support on over 10 MW of community solar projects in Illinois.

WORLD AIR LEAGUE®; Airships Race Around the World; Winner Gets $5,000,000

Retrieved on: 
Friday, September 23, 2022

NEW YORK, Sept. 23, 2022 /PRNewswire/ -- Prince Albert II, His Serene Highness of Monaco, will announce Friday at New York's Explorers Club first details of the World Sky Race—a race around the world by airships (blimps, dirigibles, and zeppelins). Winner's prize: $5 million.

Key Points: 
  • They need far less fuel to fly than comparable aircraft, and they leave only a tiny carbon footprint.
  • Prince Albert calls the World Sky Race, "an event that I warmly welcome and encourage," since it will draw attention to airships' potential to reduce carbon emissions around the world.
  • Airship Teams, each representing a different nation, will then race to circle the earth, with the finish line being Paris.
  • This Race will provide a shared educational bond for the next generation, as they prepare for their missions in life.

The Worldwide Potting Compound Industry is Expected to Reach $4.3 Billion by 2027 - ResearchAndMarkets.com

Retrieved on: 
Monday, September 19, 2022

The Global Potting Compound Market is estimated to be USD 3.6 Bn in 2022 and is expected to reach USD 4.32 Bn by 2027, growing at a CAGR of 3.7%.

Key Points: 
  • The Global Potting Compound Market is estimated to be USD 3.6 Bn in 2022 and is expected to reach USD 4.32 Bn by 2027, growing at a CAGR of 3.7%.
  • Market dynamics are forces that impact the prices and behaviors of the Global Potting Compound Market stakeholders.
  • The report presents a detailed Ansoff matrix analysis for the Global Potting Compound Market.
  • The Global Potting Compound Market is segmented based on Type, Application, Curing Technique, End-Use Industry, and Geography.

30% Federal Solar Tax Rebate Extension Announced for Solar Installations in Florida

Retrieved on: 
Tuesday, August 30, 2022

TAMPA, Fla., Aug. 30, 2022 (GLOBE NEWSWIRE) -- Florida Power Services "The Solar Power Company" is pleased to announce that Tampa residents can enjoy a reduction of 30% on their Tampa solar installations , thanks to an extension of the Federal Solar Tax Credit rebate.

Key Points: 
  • TAMPA, Fla., Aug. 30, 2022 (GLOBE NEWSWIRE) -- Florida Power Services "The Solar Power Company" is pleased to announce that Tampa residents can enjoy a reduction of 30% on their Tampa solar installations , thanks to an extension of the Federal Solar Tax Credit rebate.
  • The extension, listed as part of the 'Inflation Reduction Act of 2022' , sees an increase from 26% to 30% in 2022 and beyond.
  • For example, $10,000 Federal Tax Credits = A $10,000 on the owner's income tax bill.
  • 30% of the solar system's installation costs can be claimed on the owner's federal income taxes.

Semper Solaris Hits the Inc. 5000 List for the Fifth Time!

Retrieved on: 
Thursday, August 18, 2022

EL CAJON, Calif., Aug. 17, 2022 /PRNewswire-PRWeb/ -- They've done it again. Out of 5000 American companies, Semper Solaris has been honored on the prestigious Inc. list for the fifth time overall! Hot on the heels of being named the number one solar + battery installer in the nation, Semper Solaris has proven once again that they don't just set the standard - Semper Solaris leads the way!

Key Points: 
  • Local and Veteran-Owned Solar Company, Semper Solaris, Joins the Inc. 5000 list of America's fastest-growing companies for the fifth time.
  • Out of 5000 American companies, Semper Solaris has been honored on the prestigious Inc. list for the fifth time overall!
  • Hot on the heels of being named the number one solar + battery installer in the nation, Semper Solaris has proven once again that they don't just set the standard - Semper Solaris leads the way!
  • Founded in 2012, Semper Solaris wasted no time taking California and then the nation by storm with top-of-the-line solar + battery installation .

FTC Solar and AUI Partners to Shorten Build Times and Increase Energy Yields with New Distributed Generation Solar Tracking Solutions

Retrieved on: 
Monday, August 8, 2022

With faster delivery and installation times than current solutions on the market for smaller projects, FTC Solar's DG Solutions Business Unit with AUI Partners will provide solar tracking services for sites under 20MWs.

Key Points: 
  • With faster delivery and installation times than current solutions on the market for smaller projects, FTC Solar's DG Solutions Business Unit with AUI Partners will provide solar tracking services for sites under 20MWs.
  • FTC Solar's DG Solutions Business Unit with AUI Partners will provide solar tracking services for sites under 20MWs.
  • FTC Solar and AUI Partners will utilize proprietary automation technology to provide a fast turnaround time on project quotes.
  • Come see how FTC Solar and AUI Partners can reduce your lead time and increase your energy yields.

LONGi receives the "Top Brand PV 2022" seal in Latin American markets at the Solar Power Mexico 2022

Retrieved on: 
Thursday, July 14, 2022

LEN, Mexico, July 14, 2022 /PRNewswire/ -- EUPD Research awarded LONGi the "Top Brand PV 2022" seal for the Mexican, Chilean and Latin American markets.

Key Points: 
  • LEN, Mexico, July 14, 2022 /PRNewswire/ -- EUPD Research awarded LONGi the "Top Brand PV 2022" seal for the Mexican, Chilean and Latin American markets.
  • The Chinese brand received this recognition at Solar Power Mexico 2022 held in Len, Guanajuato, Mexico.
  • The seal, which recognizes LONGi as a Top brand in the PV module category, was presented by Daniel Fuchs, Vice President of EUPD Research, to Bruce Zhu, Head of Sales for LONGi LATAM, and Ivan Reyes Calzada, Sales Director for LONGi LATAM.
  • Founded in 2000, LONGi is committed to being the world's leading solar technology company, focusing on customer-driven value creation for full scenario energy transformation.

LONGi receives the "Top Brand PV 2022" seal in Latin American markets at the Solar Power Mexico 2022

Retrieved on: 
Thursday, July 14, 2022

LEN, Mexico, July 14, 2022 /PRNewswire/ -- EUPD Research awarded LONGi the "Top Brand PV 2022" seal for the Mexican, Chilean and Latin American markets.

Key Points: 
  • LEN, Mexico, July 14, 2022 /PRNewswire/ -- EUPD Research awarded LONGi the "Top Brand PV 2022" seal for the Mexican, Chilean and Latin American markets.
  • The Chinese brand received this recognition at Solar Power Mexico 2022 held in Len, Guanajuato, Mexico.
  • The seal, which recognizes LONGi as a Top brand in the PV module category, was presented by Daniel Fuchs, Vice President of EUPD Research, to Bruce Zhu, Head of Sales for LONGi LATAM, and Ivan Reyes Calzada, Sales Director for LONGi LATAM.
  • Founded in 2000, LONGi is committed to being the world's leading solar technology company, focusing on customer-driven value creation for full scenario energy transformation.

Photovoltaic Market to Reach USD 188980 Million by 2028 with a CAGR of 20.1% | Valuates Reports

Retrieved on: 
Tuesday, July 5, 2022

- In 2020, the global Silver Paste market size was USD 4701 million and it is expected to reach USD 12350 million by the end of 2027, with a CAGR of 14.8% during 2021-2027.

Key Points: 
  • - In 2020, the global Silver Paste market size was USD 4701 million and it is expected to reach USD 12350 million by the end of 2027, with a CAGR of 14.8% during 2021-2027.
  • - The global Solar Panel Recycling market size is projected to reach USD 312.6 million by 2028, from USD 157.9 million in 2021, at a CAGR of 10.1% during 2022-2028.
  • - The global Solar Inverter market size is projected to reach USD 26650 million by 2026, from USD 14600 million in 2019, at a CAGR of 8.9% during 2021-2026.
  • - The global Thermal Energy Storage (TES) market size is projected to reach USD 6019.7 million by 2028, from USD 3817.1 million in 2021, at a CAGR of 6.3% during 2022-2028.