First Solar

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

Retrieved on: 
Wednesday, October 6, 2021

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

Retrieved on: 
Wednesday, October 6, 2021

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."

Getka and Unimot to Power Projects in Poland with American-Made Solar Panels from First Solar

Retrieved on: 
Friday, September 24, 2021

Tulsa, Okla. and Warsaw, Poland, Sept. 24, 2021 (GLOBE NEWSWIRE) -- U.S.-based Getka Group and Polish energy company Unimot announced today that First Solar, Inc. (Nasdaq: First Solar) will supply 30 megawatts (MW) of advanced, American thin film photovoltaic (PV) solar panels to power a portfolio of projects in Poland.

Key Points: 
  • Tulsa, Okla. and Warsaw, Poland, Sept. 24, 2021 (GLOBE NEWSWIRE) -- U.S.-based Getka Group and Polish energy company Unimot announced today that First Solar, Inc. (Nasdaq: First Solar) will supply 30 megawatts (MW) of advanced, American thin film photovoltaic (PV) solar panels to power a portfolio of projects in Poland.
  • The panels are part of the first phase of a strategic renewable energy initiative to diversify PV module supplies to Poland.
  • The PV panels will be delivered in the first quarter of 2022, with plans to expand as Unimot expands solar projects.
  • Unimot and Getka have previously partnered to pursue energy security initiatives in the region as a mechanism to support regional energy diversification programs.

Solar Farm Developers Industry Revenues Are Expected To Steadily Increase Over The Next Five Years

Retrieved on: 
Wednesday, September 22, 2021

Today, over 3% of U.S. electricity comes from solar energy in the form of solar photovoltaics(PV).

Key Points: 
  • Today, over 3% of U.S. electricity comes from solar energy in the form of solar photovoltaics(PV).
  • Energy.gov continued: "Moreover, the solar industry is a proven incubator for job growth throughout the nation.
  • A report from IBISWorld added: "Over the (next) five years, revenue within the Solar Farm Developers industry is expected to increase more steadily, albeit at a slightly slower pace...
  • Mr. Morali serves as the Creative Solar Advisor of Green Rain Solar, LLC, a division of the Company focused on development of next-generation solar greenhouses.

Solar Farm Developers Industry Revenues Are Expected To Steadily Increase Over The Next Five Years

Retrieved on: 
Wednesday, September 22, 2021

Today, over 3% of U.S. electricity comes from solar energy in the form of solar photovoltaics(PV).

Key Points: 
  • Today, over 3% of U.S. electricity comes from solar energy in the form of solar photovoltaics(PV).
  • Energy.gov continued: "Moreover, the solar industry is a proven incubator for job growth throughout the nation.
  • A report from IBISWorld added: "Over the (next) five years, revenue within the Solar Farm Developers industry is expected to increase more steadily, albeit at a slightly slower pace...
  • Mr. Morali serves as the Creative Solar Advisor of Green Rain Solar, LLC, a division of the Company focused on development of next-generation solar greenhouses.

Valued to be $4.5 Billion by 2026, Solar Trackers Slated for Robust Growth Worldwide

Retrieved on: 
Tuesday, September 21, 2021

Companies:34 - Players covered include AllEarth Renewables, Inc.; Arctech Solar; Array Technologies, Inc.; Convert Italia; First Solar Inc.; GameChange Solar; Mecasolar Espaa SL; NClave; NEXTracker Inc.; PVHardware; Solar Steel; Soltec; STI Norland; Sun Action Tracker; SunPower Corporation and Others.

Key Points: 
  • Companies:34 - Players covered include AllEarth Renewables, Inc.; Arctech Solar; Array Technologies, Inc.; Convert Italia; First Solar Inc.; GameChange Solar; Mecasolar Espaa SL; NClave; NEXTracker Inc.; PVHardware; Solar Steel; Soltec; STI Norland; Sun Action Tracker; SunPower Corporation and Others.
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Ohio Power Siting Board Approves Mark Center Solar Project Development

Retrieved on: 
Monday, September 20, 2021

Candela Renewables today announced that the Ohio Power Siting Board has approved their application to construct and operate the Mark Center Solar Project in Defiance County, OH.

Key Points: 
  • Candela Renewables today announced that the Ohio Power Siting Board has approved their application to construct and operate the Mark Center Solar Project in Defiance County, OH.
  • The Mark Center Solar Project is a 110 MW facility that will provide job opportunities, tax revenue and more to the local community in addition to renewable energy, and is slated to begin construction in the fourth quarter of 2022.
  • For more information about the project, please visit: https://www.candelarenewables.com/news-blog/markcentersolarproject-ohio-...
    Founded by former First Solar executives, Candela Renewables has one of the most accomplished teams developing utility-scale solar power projects in the United States.
  • Candela has in-house expertise across all stages of the development lifecycle and can efficiently bring projects to either NTP or COD through their focused, proven and differentiated development strategy.

Why Community Solar Farms Are A New and Lucrative Revenue Opportunity For Solar Companies

Retrieved on: 
Thursday, September 16, 2021

Active Companies in the markets today include Green Stream Holdings Inc.(OTCPK: GSFI), SunPower Corporation(NASDAQ: SPWR), iSun, Inc. (NASDAQ: ISUN), First Solar,Inc.

Key Points: 
  • Active Companies in the markets today include Green Stream Holdings Inc.(OTCPK: GSFI), SunPower Corporation(NASDAQ: SPWR), iSun, Inc. (NASDAQ: ISUN), First Solar,Inc.
  • The article continued: "Community solar also delivers community relations benefits by serving as a quiet, clean source of sustainable energy for the local area.
  • Landlords benefit from lower cost energy while positively contributing to the local community by extending the opportunity for lower cost energy to nearby energy users, who become subscribers to the solar energy output.
  • The number of subscribers who can be served varies based on the size of the system and from state to state based upon community solar qualification guidance.

Why Community Solar Farms Are A New and Lucrative Revenue Opportunity For Solar Companies

Retrieved on: 
Thursday, September 16, 2021

Active Companies in the markets today include Green Stream Holdings Inc.(OTCPK: GSFI), SunPower Corporation(NASDAQ: SPWR), iSun, Inc. (NASDAQ: ISUN), First Solar,Inc.

Key Points: 
  • Active Companies in the markets today include Green Stream Holdings Inc.(OTCPK: GSFI), SunPower Corporation(NASDAQ: SPWR), iSun, Inc. (NASDAQ: ISUN), First Solar,Inc.
  • The article continued: "Community solar also delivers community relations benefits by serving as a quiet, clean source of sustainable energy for the local area.
  • Landlords benefit from lower cost energy while positively contributing to the local community by extending the opportunity for lower cost energy to nearby energy users, who become subscribers to the solar energy output.
  • The number of subscribers who can be served varies based on the size of the system and from state to state based upon community solar qualification guidance.

Energy Impact Partners Invests in Electric Hydrogen to Decarbonize Industry and Energy

Retrieved on: 
Thursday, September 16, 2021

BOSTON and SAN FRANCISCO, Sept. 16, 2021 /PRNewswire/ -- Electric Hydrogen today announced a new investment led by Energy Impact Partners and joined by previous investors Breakthrough Energy Ventures, Capricorn Technology Impact Fund, and Prelude Ventures.

Key Points: 
  • BOSTON and SAN FRANCISCO, Sept. 16, 2021 /PRNewswire/ -- Electric Hydrogen today announced a new investment led by Energy Impact Partners and joined by previous investors Breakthrough Energy Ventures, Capricorn Technology Impact Fund, and Prelude Ventures.
  • "Using electrolysis to produce clean hydrogen is nothing new," said Shayle Kann, Partner at Energy Impact Partners.
  • Electric Hydrogen has the right team, technology and strategy to unlock hydrogen's promise as a massive decarbonization driver."
  • Energy Impact Partners, LP (EIP) is a global investment platform leading the transition to a sustainable energy future.