Adding Boviet PV Panels to Leading U.S. Solar Lender’s Approved Vendor List Gives Installers and Homeowners Added Confidence in Lasting Solar Module Performance
SAN JOSE, Calif.--(BUSINESS WIRE)--Boviet Solar USA, the North American arm of Boviet Solar Technology Co., Ltd., a global leader in the manufacture of high-quality photovoltaic technology, today announced that the company's solar modules have been added to the Mosaic Approved Vendor List. Mosaic is the nation's top residential solar lending company and with the addition of Boviet modules to the Approved Vendor List installers will now be able to include Boviet's high-performance solar modules to ensure that homeowners receive ongoing energy saving from their solar investment.
Mosaic's PowerSwitch loan helps homeowners finance solar system installations that cut energy costs, increase home resale value, and allow homeowners to take advantage of state and federal solar tax credits. By adding Boviet's products to the list of Mosaic approved vendors, the company's 72-cell and 60-cell polycrystalline and 60-cell monocrystalline solar modules can now be installed in Mosaic-funded homes, delivering greater power efficiency and longer returns on homeowners' solar energy investment.
According to EnergySage, solar installation costs are continuing to fall and consumers paid an average of $3.75 per watt in gross costs in the first half of 2015. This means homeowners can pay for their solar system in approximately 7.5 years; a sound investment when you consider that the lifespan of most solar systems is from 25 to 30 years. And with superior solar components such as Boviet's high-performance solar modules, homeowners are assured of lasting returns on their solar investment.
"Even with superior technology, it's becoming more difficult to compete since installers often view solar panels as a commodity," said Eric Ma, PhD., President and General Manager of Boviet Solar USA. "Adding Boviet's modules to the Mosaic Approved Vendor List will give us an advantage with installers and allow us to prove the superiority of Boviet's PV engineering, manufacturing, and performance to solar integrators and homeowners."
Boviet Solar USA offers a full line of polycrystalline and monocrystalline solar modules. Boviet's polycrystalline modules are designed as 60-cell and 72-cell panels with power ratings from 265W to 325W. The polycrystalline modules deliver 97.5 percent of rated power capacity in year one and are guaranteed to deliver 80.7 percent power after 25 years. Boviet's 60-cell monocrystalline modules are created for applications where the power output needs to be guaranteed in a smaller space and guaranteed to deliver 96.5 percent specified power in year one and 80.18 percent power after 25 years.
About Boviet Solar USA
Headquartered in Silicon Valley, Boviet Solar USA is the North American arm of Boviet Solar Technology Co. Ltd., the largest manufacturer of solar cells and panels in Vietnam. A wholly owned subsidiary of Powerway Alloy Materials Co., Boviet Solar USA delivers commercial-grade solar modules, cells, and related products to contractors, integrators, and distributed generation (DG) providers across the country. Boviet Solar USA offers innovative, state-of-the-art technology products developed and manufactured at the company's 530,000 square foot facility in Vietnam, which is designed to produce 700MW of solar cell and module capacity each year. Boviet Solar USA also delivers solar products where and when they are needed, shipping from six fully stocked warehouses located in Arizona, California, Georgia, New Jersey, and South Carolina.
For more information about Boviet Solar USA and its complete line of solar modules and cells, visit www.bovietsolarusa.com.