SMA Redefines Residential Solar Market with New Transformerless Inverter
SMA is now taking orders for its new transformerless Sunny Boy 3000TL-US/4000TL-US/5000TL-US inverters designed specifically for the North American market.
UGE's innovation continues as it unveils newest model of distributed wind turbine Distributed energ
Distributed energy leader Urban Green Energy unveils VisionAIRTM
SolarCity Thrives in Solar Power Sector
Sun Concept, Ampulse, Evergreen, Solyndra: the long list of defunct solar companies is enough to give pause to anyone trying to enter the business. But at least one company, SolarCity, has been succeeding where so many others have failed. Its secret? Staying away from manufacturing and focusing on installation.
SolarCity was founded in 2006 by Lyndon and Peter Rive, on the advice of their cousin, Elon Musk, the Paypal founder who went on to start Tesla Motors and SpaceX, and is enjoying something of a moment. Tesla Motors just posted its first quarterly profit. And SolarCity, which went public last January, has seen its stock more than triple.
Instead of designing solar panels, the Rive brothers decided to find ways to get solar panels onto people’s roofs. They settled on a sort of lease arrangement: SolarCity installs the panels for free on customers’ roofs and then sells them the energy the panels produce for the next 20 years, at a rate lower than charged by the local utility. As the owner of the panels, SolarCity also reaps the valuable tax credits associated with clean-energy production.
This business model, with high upfront costs for gradual returns spread out over decades, doesn’t lend itself to immediate profits. On Monday, the company posted a $31 million loss. So far investors seem patient. “The stock is outperforming the results,” an analyst for Raymond James & Associates told Bloomberg. Lyndon Rive, in an interview with CNN, pointed out the irony that as soon as SolarCity show a profit, it’ll be a warning sign that recurring revenue has outpaced installations and the company has stopped growing.
OFFSHORE WIND'S STRONG ROLE AT ALL-ENERGY 2013!
The UK continues to lead the world in the field of offshore wind, Not surprisingly All-Energy 2013 (Aberdeen, 22-23 May), the UK's largest renewable energy exhibition and conference, looks seriously at this key sector of the renewables industry.
Doing Solar Business in the UK
Doing Solar Business in the UK half day seminar will be held on 18 June in Novotel City Centre, Munich
Eclipsall Energy Sponsors Team Ontario in Solar Decathlon 2013
Eclipsall Energy Corp. sponsors Team Ontario to build a net-zero+ solar home for the U.S. Department of Energy Solar Decathlon 2013.
Regelkreis Ltd Introduces High Power-Output PV Solar Modules 280 – 300W
New 72 Cell polycrystalline high power-output PV Solar modules released with certified carbon footprint evaluation and green leaf mark verification.
SolarBridge Adds to Executive Team
Bill Mulligan Appointed Executive Chairman; Greg Vance Joins as VP Engineering
New Hybrid Solar Power Systems for Progressive Businesses and Homeowners
Intermountain Wind and Solar (IWS) has announced plans to install new Hybrid Energy Systems starting in the Salt Lake City area and expanding to the Western United States over the coming months.
Intro and Advanced Level Online Solar PV Training - Starting May 20th through Solar Energy International's (SEI) Online Campus
Student from all over the world have taken SEI courses over the past decade. Most students choose to take PV101 Online and then move on to take PV202: Advanced PV System Design and the NEC (Grid-Direct) - Online.
DuPont-Commissioned Report Addresses the Development of Sustainable Energy for a Growing China
Science Can Help Achieve Goal of Increasing Non-fossil Fuels Energy Consumption to 15 Percent by 2020
Beaumont Solar Company Awarded Three Commercial Solar Projects In Rhode Island National Grid Open Enrollment
Beaumont Solar Company becomes a key player in the Rhode Island solar market with three commercial projects awarded by National Grid.
Pumped-storage power plants boom worldwide
More than 100 new pumped-storage power plants with a capacity of about 74 gigawatts will be constructed throughout the world by 2020. This boom includes Europe, Asia and North America. The reasons for these many projects vary significantly by region. In the midst of this growth, Central Europe is the only region where new projects are delayed – due to the problems of Germany's turnaround in energy policy.
Ohio-Based Solar Racking Company Ecolibrium Solar Poised for Growth
Ecolibrium Solar's innovative products help solar installers reduce cost, as well as create professional and manufacturing jobs in Ohio and neighboring states.
Latest technologies and international markets at Intersolar China 2014
Around 260 exhibitors are expected to present the latest developments in the fields of photovoltaics, PV production technologies, energy storage systems and solar thermal technologies on a total exhibition area of 13,000 square meters.
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