Photovoltaic system

New Study from Michigan Tech’s Open Sustainability Technology Lab Reveals How Many People It Would Take to Fund Greening the U.S. Electric Grid

Retrieved on: 
Monday, July 1, 2019

Wealth has also been concentrated enough that only 79 American multi-billionaires would need to invest in solar to cut the use of fossil fuels.

Key Points: 
  • Wealth has also been concentrated enough that only 79 American multi-billionaires would need to invest in solar to cut the use of fossil fuels.
  • The Michigan Tech Open Sustainability Technology ( MOST ) Lab produced a study that determined if PV is conservatively deployed based on population density, only 1,544 GW of solar photovoltaic (PV) technology is needed to eliminate the use of fossil fuels on the U.S. electric grid.
  • Previous research showed this would increase jobs and provide higher pay for current fossil fuel workers.
  • View the full release here: https://www.businesswire.com/news/home/20190701005024/en/
    Only 79 investors are needed to solarize the US grid and eliminate all fossil fuel use for electricity.

LADWP and Doosan GridTech Earn Global Solar + Storage Innovation Award for The Beacon Solar Plant – 20 MW Battery Energy Storage System (BESS)

Retrieved on: 
Friday, June 28, 2019

The award honors foresight in and dedication to energy transformation as well as singular achievements in the technological advancement, creative design and technically sound deployment of energy storage systems.

Key Points: 
  • The award honors foresight in and dedication to energy transformation as well as singular achievements in the technological advancement, creative design and technically sound deployment of energy storage systems.
  • View the full release here: https://www.businesswire.com/news/home/20190628005052/en/
    Commencing commercial operation in 2018, LADWPs 20 MW Beacon BESS is handling the harsh climate of the Mojave Desert while increasing utilization of solar PV.
  • The 250 MW Beacon Solar Plant and the 20 MW Beacon BESS work together to ensure a reliable flow of this clean, sustainable energy resource to the citys residents and businesses.
  • Its global team has designed and built over twenty energy storage installations in the Americas and Asian-Pacific regions representing 85 MW of capacity.

The global dual-axis solar tracker market at a CAGR of about 14% during the forecast period

Retrieved on: 
Monday, July 1, 2019

Global Dual-Axis Solar Tracker Market: About this market

Key Points: 
  • Global Dual-Axis Solar Tracker Market: About this market
    Dual-axis solar tracker enables two degrees of movement to solar PV modules for efficient tracking of sun throughout the day.
  • Our dual-axis solar tracker market analysis considers sales generated from the adoption of dual-axis solar tracker for non-utility and utility applications.
  • For the detailed list of factors that will drive the global dual-axis solar tracker market during the forecast period 2019-2023, click here.
  • Also, the dual-axis solar tracker market analysis report includes information on upcoming trends and challenges that will influence market growth.

The Peck Company Announces a $17M Agreement to Construct a Portfolio of Solar Arrays Generating 7 Megawatts

Retrieved on: 
Wednesday, June 26, 2019

The Peck Company (NASDAQ:PECK), a leading commercial solar engineering, procurement and construction (EPC) company, today announced an initial agreement to construct a portfolio of solar PV arrays generating 7 megawatts for one of its customers.

Key Points: 
  • The Peck Company (NASDAQ:PECK), a leading commercial solar engineering, procurement and construction (EPC) company, today announced an initial agreement to construct a portfolio of solar PV arrays generating 7 megawatts for one of its customers.
  • The projected revenue from the portfolio of projects is approximately $17 million, and each project is subject to a customary EPC contract.
  • Peck will begin constructing each commercial-scale project in the portfolio after development has been completed and the project has received a notice to proceed.
  • The Peck Company has installed over 100MW of solar systems since inception and is focused on profitable growth opportunities.

Canadian Solar Inc. Announces Results of 2019 Annual Meeting of Shareholders

Retrieved on: 
Wednesday, June 26, 2019

GUELPH, Ontario, June 26, 2019 /PRNewswire/ -- Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ: CSIQ),one of the world's largest solar power companies, today announced that it held its 2019 Annual Meeting of Shareholders on June 26, 2019.

Key Points: 
  • GUELPH, Ontario, June 26, 2019 /PRNewswire/ -- Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ: CSIQ),one of the world's largest solar power companies, today announced that it held its 2019 Annual Meeting of Shareholders on June 26, 2019.
  • Canadian Solar was founded in 2001 in Canada and is one of the world's largest and foremost solar power companies.
  • Over the past 18 years, Canadian Solar has successfully delivered over 34 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.

Solar PV Inverters, Update 2019 - Global Market Size, Competitive Landscape, Key Country Analysis, and Forecast to 2023

Retrieved on: 
Wednesday, June 26, 2019

The global solar PV inverters market witnessed an aggregate market volume of 356.28 GW in the historic period.

Key Points: 
  • The global solar PV inverters market witnessed an aggregate market volume of 356.28 GW in the historic period.
  • Globally, the shift from high carbon fossil fuels is expected to further strengthen the market for solar PV modules and related equipment such as solar PV inverters.
  • The latest report "Solar PV Inverters, Update 2019 - Global Market Size, Competitive Landscape, Key Country Analysis, and Forecast to 2023", offers comprehensive information and understanding of the Solar PV inverters market.
  • The report analyses the market for Solar PV inverters for the historical (2014-2018) and forecast (2019-2023) periods.The report includes annual market volume and value by end user segments at global, regional and country levels.

Topaz Solar Farms Receives June Payment From PG&E

Retrieved on: 
Tuesday, June 25, 2019

Consistent with the terms of its power purchase agreement with Pacific Gas and Electric Company, Topaz Solar Farms today received full contract payment for its May 2019 energy deliveries to PG&E.

Key Points: 
  • Consistent with the terms of its power purchase agreement with Pacific Gas and Electric Company, Topaz Solar Farms today received full contract payment for its May 2019 energy deliveries to PG&E.
  • While monitoring PG&Es financial situation, Topaz continues to perform its obligations under the parties power purchase agreement.
  • Topaz owns and operates a 550-megawatt solar photovoltaic electric power generating facility located in San Luis Obispo County, California.
  • View source version on businesswire.com: https://www.businesswire.com/news/home/20190625005746/en/

Quinbrook Signs Landmark Solar + Battery Storage Deal in the US

Retrieved on: 
Tuesday, June 25, 2019

The Gemini Solar + Battery Storage Project is believed to be the largest solar-powered battery storage system in the world announced to date, featuring a 690 MW AC solar photovoltaic array coupled with a 380MW AC battery storage system that capable of storing over 1,400 megawatt hours (MWh) of low-cost, renewable power each day delivered exclusively for NV Energy's customers in southern Nevada.

Key Points: 
  • The Gemini Solar + Battery Storage Project is believed to be the largest solar-powered battery storage system in the world announced to date, featuring a 690 MW AC solar photovoltaic array coupled with a 380MW AC battery storage system that capable of storing over 1,400 megawatt hours (MWh) of low-cost, renewable power each day delivered exclusively for NV Energy's customers in southern Nevada.
  • Gemini is expected to utilize more than 2.5 million solar modules, support over 2,500 jobs and bring over $450 million of financial stimulus to the Nevada economy.
  • Quinbrook has completed multiple investments in both utility scale and distributed scale wind power, solar PV, gas fired power reserve and 'smart grid' projects in the US, UK and Australia.
  • Quinbrook currently manages the Quinbrook Low Carbon Power Fund and the Cape Byron Infrastructure Fund ( www.capebyronpower.com ) which owns and operates one of Australia's largest base-load 100% renewable power generation portfolio's.

Standard Solar Moves into Vermont Solar Market with Purchase of 3.2 MW Solar Project

Retrieved on: 
Tuesday, June 25, 2019

Standard Solar, Inc. , a leading solar energy company, today announced its entrance into the Vermont solar market with the purchase of a 3.2 megawatt solar project in Wallingford.

Key Points: 
  • Standard Solar, Inc. , a leading solar energy company, today announced its entrance into the Vermont solar market with the purchase of a 3.2 megawatt solar project in Wallingford.
  • Vermont is rapidly working its way toward the Solar Century and its goal of obtaining 90% of total energy supply from renewable sources by 2050, said Scott Wiater, President and CEO, Standard Solar.
  • Standard Solar is excited to invest our in-house capital in this project and play a part in helping the state reach its renewable energy goals.
  • Standard Solar, Inc. is a leading solar energy company specializing in the development and financing of solar electric systems nationwide.

8minute Solar Energy and NV Energy Announce State’s Biggest Solar + Storage Project With a Battery of 540 MWh

Retrieved on: 
Tuesday, June 25, 2019

8minute Solar Energy, LLC (8minute), the largest solar and storage developer in the U.S., NV Energy and the Moapa Band of Paiutes today announced that 8minute has been chosen by NV Energy to develop the largest solar plus storage project ever built in Nevada and one of the largest in the world.

Key Points: 
  • 8minute Solar Energy, LLC (8minute), the largest solar and storage developer in the U.S., NV Energy and the Moapa Band of Paiutes today announced that 8minute has been chosen by NV Energy to develop the largest solar plus storage project ever built in Nevada and one of the largest in the world.
  • For a solar PV plant, incorporating a 540MWh Li-Ion battery system, this is truly industry leading, said Tom Buttgenbach, President and CEO, 8minute Solar Energy.
  • Nevada is becoming a solar leader and, with 900 megawatts of solar projects, 8minute is proud to be the states number one solar provider.
  • 8minute Solar Energy (8minute) is the largest independent developer of solar PV and storage projects in the United States.