Morgan Solar Inc

Modernized Solutions Make Renewable Energy a Dependable Alternative

Thursday, October 14, 2021 - 2:00pm

NEW YORK, Oct. 14, 2021 /PRNewswire/ -- There is strong demand for new alternative, renewable and green energy.

Key Points: 
  • NEW YORK, Oct. 14, 2021 /PRNewswire/ -- There is strong demand for new alternative, renewable and green energy.
  • In recent years, novel technologies have allowed for more affordable energy storage from alternative energy sources.
  • The OPTEC Solar Generator is powered exclusively by pure solar energy and does not require any alternative fuels.
  • "California is the nation's leader in deploying clean, renewable energy, a trend that is accelerating rapidly," commented Gaylon Morris, Chief Executive Officer of Sunworks.

Modernized Solutions Make Renewable Energy a Dependable Alternative

Thursday, October 14, 2021 - 2:00pm

NEW YORK, Oct. 14, 2021 /PRNewswire/ -- There is strong demand for new alternative, renewable and green energy. In recent years, novel technologies have allowed for more affordable energy storage from alternative energy sources. However, it was the solar sector in particular that went through a surge of implementation, both for residential and commercial purposes. And, according to a research report by Mordor Intelligence LLP, the global solar energy installed capacity is registered to be 728 GW and is estimated to grow to 1645 gigawatts (GW) in 2026, while growing at a CAGR of 13.78% from 2021 to 2026. OPTEC International, Inc. (OTC: OPTI), ReneSola Ltd (NYSE: SOL), SunPower Corp. (NASDAQ: SPWR), Sunworks, Inc. (NASDAQ: SUNW), Canadian Solar Inc. (NASDAQ: CSIQ)

Key Points: 
  • NEW YORK, Oct. 14, 2021 /PRNewswire/ -- There is strong demand for new alternative, renewable and green energy.
  • In recent years, novel technologies have allowed for more affordable energy storage from alternative energy sources.
  • The OPTEC Solar Generator is powered exclusively by pure solar energy and does not require any alternative fuels.
  • "California is the nation's leader in deploying clean, renewable energy, a trend that is accelerating rapidly," commented Gaylon Morris, Chief Executive Officer of Sunworks.

Canadian Solar's CSI Solar to Provide the Fully-Integrated Battery Storage System, EPC and Long Term Services to the 1.4 GWh Crimson Project

Thursday, September 9, 2021 - 12:00pm

The Crimson storage project is 80% owned by Axium Infrastructure ("Axium") and 20% owned by Recurrent Energy , Canadian Solar's wholly-owned subsidiary.

Key Points: 
  • The Crimson storage project is 80% owned by Axium Infrastructure ("Axium") and 20% owned by Recurrent Energy , Canadian Solar's wholly-owned subsidiary.
  • CSI Solar will provide the fully-integrated battery solution, EPC and long-term operation services for the Crimson storage project.
  • The long term service agreement includes the operation and maintenance of the battery systems as well as their future augmentation services.
  • "We are proud that Canadian Solar is not only developing the stand-alone Crimson storage project through Recurrent Energy, but also providing the technological solution and long term service agreement through CSI Solar, now also delivering full turnkey EPC battery solutions.

Recurrent Energy Completes Majority Sale of 1.4 GWh Energy Storage Reliability Project in California

Wednesday, September 8, 2021 - 12:00pm

The Crimson storage project is Canadian Solar's first stand-alone storage project and the largest developed to-date.

Key Points: 
  • The Crimson storage project is Canadian Solar's first stand-alone storage project and the largest developed to-date.
  • "Global efforts towards a clean energy transition are generating a surge in demand for battery storage capacity to support more reliable power grids.
  • We are pleased to work with Axium as we execute and complete the majority sale of the project."
  • Recurrent Energy is a leading utility-scale solar and storage project developer, delivering competitive, clean electricity to large energy buyers.

Canadian Solar Signs Operations & Maintenance Agreements with Solar plus Battery Storage Projects in the U.S.

Tuesday, September 7, 2021 - 12:00pm

Under the long-term agreements, Canadian Solar will be responsible for various O&M obligations across both projects, including plant monitoring, NERC registration, performance management and preventative and corrective maintenance.

Key Points: 
  • Under the long-term agreements, Canadian Solar will be responsible for various O&M obligations across both projects, including plant monitoring, NERC registration, performance management and preventative and corrective maintenance.
  • Canadian Solar services will help to increase site availability, minimize downtime and maximize the value of the projects.
  • Dr. Shawn Qu, Chairman and CEO of Canadian Solar said, "As we expand our market leadership position from solar energy into battery storage project development and systems integration, offering operations and maintenance services in battery storage is a natural extension of Canadian Solar's value proposition.
  • It is a leading manufacturer of solar photovoltaic modules, provider of solar energy and battery storage solutions, and developer of utility-scale solar power and battery storage projects with a geographically diversified pipeline in various stages of development.

Recurrent Energy Completes the Sale of 328 MWp of Solar Projects in Texas

Wednesday, July 21, 2021 - 12:00pm

GUELPH, ON, July 21, 2021 /PRNewswire/ -- Canadian Solar Inc. ("Canadian Solar" or "the Company") (NASDAQ: CSIQ) today announced its wholly-owned subsidiary, Recurrent Energy, LLC ("Recurrent Energy"), completed the sale of the Maplewood 1 and Maplewood 2 solar projects to a leading U.S. annuity and life insurance company.

Key Points: 
  • GUELPH, ON, July 21, 2021 /PRNewswire/ -- Canadian Solar Inc. ("Canadian Solar" or "the Company") (NASDAQ: CSIQ) today announced its wholly-owned subsidiary, Recurrent Energy, LLC ("Recurrent Energy"), completed the sale of the Maplewood 1 and Maplewood 2 solar projects to a leading U.S. annuity and life insurance company.
  • Both projects are located in Pecos County, Texas, near the towns of Fort Stockton and McCamey, and have a combined capacity of 328 MWp or 250 MWac.
  • Recurrent Energy is a leading utility-scale solar and storage project developer, delivering competitive, clean electricity to large energy buyers.
  • Recurrent Energy has approximately 5 GW of solar and storage projects in development in the U.S. Additional details are available at www.recurrentenergy.com .

Morgan Solar Secures Utility Scale Order for Simbax Technology

Wednesday, June 17, 2020 - 12:00pm

TORONTO, June 17, 2020 /PRNewswire-PRWeb/ --Morgan Solar Inc. announced the sale of 13.6 MWDC (10.5 MWAC) of bifacial solar panels enhanced with the company's performance boosting SimbaX technology to Enbridge Inc., a leading energy infrastructure company.

Key Points: 
  • TORONTO, June 17, 2020 /PRNewswire-PRWeb/ --Morgan Solar Inc. announced the sale of 13.6 MWDC (10.5 MWAC) of bifacial solar panels enhanced with the company's performance boosting SimbaX technology to Enbridge Inc., a leading energy infrastructure company.
  • The solar panels will be manufactured by Silfab Solar Inc. under an exclusive license agreement between the two companies.
  • Working with Silfab, Morgan Solar has certified monofacial and bifacial versions of the technology.
  • Media Contact for Morgan Solar: Nic Morgan

Global Solar PV Tracker Market 2020-2024 | Evolving Opportunities with Array Technologies Inc. and Convert Italia SpA. | Technavio

Tuesday, February 18, 2020 - 11:30am
Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20200218005428/en/
    Technavio has announced its latest market research report titled global solar PV tracker market 2020-2024 (Graphic: Business Wire)
    Read the 120-page report with TOC on "Solar PV Tracker Market Analysis Report by Technology (solar PV and CSP), Product (single-axis trackers and dual-axis trackers), and Geography (North America, APAC, Europe, South America and MEA), and the Segment Forecasts, 2020-2024".
  • In addition, the declining cost of solar energy is anticipated to boost the growth of the solar PV tracker market.
  • Major Five Solar PV Tracker Companies:
    Arctech Solar Holding Co. Ltd. has business operations under two segments, such as tracker and mounting structure.
  • Solar PV Tracker Technology Outlook (Revenue, USD Billion, 2020-2024)
    Solar PV Tracker Product Outlook (Revenue, USD Billion, 2020-2024)
    Solar PV Tracker Regional Outlook (Revenue, USD Billion, 2020-2024)

Global Dual-Axis Solar Tracker Market 2019-2023| Evolving Opportunities with AllEarth Renewables, Inc. and DEGERenergie GmbH & Co. KG | Technavio

Monday, January 6, 2020 - 1:45pm

In addition, the rising installations of CSP and CPV solar plants are anticipated to further boost the growth of the dual-axis solar tracker market.

Key Points: 
  • In addition, the rising installations of CSP and CPV solar plants are anticipated to further boost the growth of the dual-axis solar tracker market.
  • In addition, the intense competition among players in the solar power market is also helping reduce its cost.
  • Major Five Dual-Axis Solar Tracker Market Companies:
    AllEarth Renewables, Inc. offers landscape-oriented dual-axis solar trackers for both residential and commercial applications.
  • Qingdao Eternal Electronic Co. Ltd. offers Flat Dual Axis Solar Tracker, Symmetric Dual Axis Solar Tracker, and Linkage Dual Axis Solar Tracker.