Increasing market competition is expected to drive further vertical integration and increase mergers and acquisitions
August 5, 2015
Following years of module oversupply and artificially low pricing, the solar photovoltaic (PV) market is expected to shift from a high-cost, subsidized source of energy to a growing market with the potential to displace other energy technologies, notes Navigant Research.
National solar provider adds capabilities to fuel growth in key commercial markets
June 30, 2015
REC Solar announced it has acquired Stellar Energy, a leading solar provider in the western U.S., through an asset purchase agreement. REC Solar is a national solar provider, focused on the commercial market, that provides customers with integrated solar solutions ranging from financing and design to operations and maintenance.
Google Investment Will Create the Largest Residential Solar Fund of Its Kind
March 12, 2015
SolarCity® has created a fund that is expected to finance $750 million in residential solar projects with an investment from Google. The new fund will cover the upfront cost of solar panel installations for thousands of homeowners in 14 states and the District of Columbia.
Finance Program Measures Community Solar Impact Using Enphase’s Enlighten Software
May 27, 2014
Enphase Energy Inc. announced that its partnership with Home Energy Renovation Opportunity (HERO), a leading residential energy efficiency financing program, has resulted in more than 1,200 financed solar systems.
Move Significantly Expands NRG’s Residential Solar Business, Complements Existing Network of Installers
April 18, 2014
NRG Energy Inc. has announced the acquisition of Roof Diagnostics Solar (RDS), to support and expand the company’s residential solar business. NRG said RDS will complement its network of independent solar installers and dealers and significantly increase its ability to meet the growing demand for residential solar.
U.S. Has Now Joined Germany, China, and Japan as Worldwide Leaders
December 20, 2013
GTM Research and the Solar Energy Industries Association® (SEIA®) has released U.S. Solar Market Insight: 3rd Quarter 2013, which shows that the third quarter of 2013 was the second largest quarter in the history of the U.S. solar market and the largest quarter ever for residential PV installations.
Colleges Reduce Their Carbon Footprints While Providing Hands-On Learning for Students
October 1, 2013
Thirty community college leaders and Siemens Industry Inc. are convening for a national event to promote campus living laboratories. Living laboratories are green and building system installations (e.g., solar panels, energy monitoring, etc.) that reduce colleges’ carbon footprints while serving as learning opportunities for students.
SoCore Energy Designs, Installs, and Operates Commercial-Scale Solar Installations
August 19, 2013
Edison International announced that it has completed the acquisition of SoCore Energy LLC. Based in Chicago, SoCore Energy is a distributed solar developer focused on commercial rooftop installations. Financial details of the transaction were not disclosed.
Solar Rollout Positions Walgreens as Leading Retailer in Number of Solar Installations
July 5, 2013
Walgreens, together with Chicago-based solar developer SoCore Energy, announced they will build more than 200 new solar installations at Walgreens drugstores throughout California, Connecticut, Delaware, Massachusetts, New Jersey, and New York.
Solar Designer/Installer Tops 160 MW Installed Nationally
June 12, 2013
REC Solar, a leader in solar electric system design and installation, announced that it has installed 10,000 residential solar systems nationwide. Since the company’s founding in 1997, REC Solar said it has installed more than 160 megawatts of residential, commercial, and utility-scale solar power.