Category: Solar Power & Energy
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TenneSEIA honors its solar industry champion for 2015
The Tennessee Solar Energy Industries Association (TenneSEIA) represents the interests of the solar energy industry in Tennessee, with the mission of making solar energy a mainstream energy source — a goal which needs its champions. To that end, TenneSEIA awarded its 2015 Solar Champion Award to Pickwick Electric Cooperative (PEC),Read More — Solar Builder magazine
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What is your wild prediction for the solar industry in 2016?
It is no secret that 2016 is going to be one busy, wild and possibly uncertain time for the solar industry as the expiration of the 30 percent Investment Tax Credit (ITC) at year’s end will lead to a ton of large projects and then, potentially, a severe drop off.Read More — Solar Builder magazine
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SolarEdge Q1 financials: Revenue up 72 percent, 356 MW of inverters shipped
SolarEdge Technologies’ fiscal first quarter ended September 30, 2015, and showed record revenue of $115.1 million, up 16.9% from previous quarter and 71.8% year-over-year. The company shipped a total of 356 MW (AC) of inverters. “We are very satisfied with another strong quarter of record revenues and improved gross margins,” said Guy Sella,Read More — Solar Builder magazine
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Suncrest Solar on the rise, expands territory
Suncrest Solar, a full-service provider of residential solar, announced expansion of services to Northern California, South Carolina and Utah. Suncrest’s announcement follows several months of double-digit growth, expanding more than 400 percent since 2014. “Our people are clearly energized by the mission of bringing homeowners a lower-cost electric service alternative withRead More — Solar Builder magazine
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China’s renewable energy portfolio to more than triple next 10 years
Cumulative installed capacity for renewables, excluding hydropower, in China will more than triple from 196.3 GW in 2015 to an estimated 608.9 GW by 2025, representing a Compound Annual Growth Rate (CAGR) of 12%, driven primarily by ambitious government targets for onshore wind, according to research and consulting firm GlobalData.Read More — Solar Builder magazine