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Methode Electronics offers TUV-Rheinland recognized power conversion products

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smartstackMethode Electronics‘ Power Solutions Group, a manufacturer of custom designed electro-mechanical devices, says its SmartPower Stack family of power conversion products is now TUV-Rheinland recognized for use per UL508c requirements. These products are capable of power conversion outputs from 30kW up to 100kW in both DC/DC (single phase buck/boost) and DC/AC (3 phase) configurations.

The manufacturer says the SmartPower Stack is the industry’s first fully integrated, deployment-ready commercial embedded system for high volume solar, photovoltaic, wind, hybrid electric and electric vehicles, as well as high capacity uninterruptible power supply and efficient motor drive applications. This system consists of three “dual” IGBT modules, each module has a separate gate drive board for current sensing and an interface board which monitors and controls the behavior of the SmartPower Stack. This pre-engineered assembly comes complete for direct use in the customer’s inverter and/or converter applications.

Additional configurations are offered to include DC Link capacitors, blower fan and a controller board utilizing National Instruments sbRIO GPIC.

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5 reasons PV system fire testing is important

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Fire safety is nothing to take lightly, as solar mounting manufacturer SolarDock explains in the list below, which originally appeared on the company’s blog, available at www.solardock.com.

1. Avoid costly delays by installing code compliant systems

California Building Code. International Building Code. National Electrical Code. Each of these have strengthened their requirements for what is required of PV systems. Some states have already adopted the changes, and some will in the coming years. A system that doesn’t comply with code runs the risk of not being permitted or passing inspection, leading to costly delays.

2. Sell more systems by putting customer safety first

Whether you are selling to a family or a big corporation, you can’t go wrong by showing them you’ve put their safety first. Educating them about the fire testing and rating of a system will alleviate concerns about fire safety.

3. Reduce your risk if something goes wrong

When an accident or disaster strikes, people will always start looking for the cause, assigning blame, pointing fingers. Fires are no exception. PV systems are incredibly safe, and it is unlikely they will be the cause of a fire. That, however, doesn’t mean that you should neglect to give fire safety the attention it deserves.

4. Make it easier and cheaper to finance the system

PV finance companies have a long term interest in the safe and reliable operation of the systems in their portfolio. Solar equipment that has been fire tested helps finance companies reduce their risks and increases the bankablility of the solar array.

5. Keep PV system insurance rates low

Upfront financing costs aren’t the only concern. You also need to worry about keeping Operations and Maintenance costs low, and insurance is part of that equation. Insurance companies are becoming increasingly aware and concerned about the fire rating of the systems they insure.

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Vivint CEO to appear on CBS’s “Undercover Boss” season finale

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Vivint, a leading provider of smart home technology, today announced that CEO Todd Pedersen will be featured on the season finale of CBS’s award-winning series “Undercover Boss,” Friday, February 20 at 8 p.m. EST.

Under the guise of a video storeowner from Bend, Oregon, Pedersen worked with employees across several areas of the business, including the company’s 24/7 monitoring station, wireless Internet division, field services department and a Vivint Solar warehouse. Vivint provides simple, affordable smart home solutions, including home security, home automation and energy management.

“Going undercover was such an incredible experience that I actually didn’t want it to end,” said Pedersen. “Working alongside my employees gave me the opportunity to see first-hand why Vivint is such a successful company. We have grown exponentially in the past 14 years, and I want to make sure our employees understand how critical they are to our business.”

“Undercover Boss” is in its sixth season and is a two-time Emmy Award-winning reality series that follows high-level executives as they slip anonymously into the rank-and-file of their own organizations. Each week, a different leader sacrifices the comfort of their corner office for an undercover mission to examine the inner workings of their operation.

Tune in to the season finale to see the life-changing experience for both Pedersen and his employees.

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CohnReznick Capital Markets, 8minutenergy, sPower partner on 72.9-MW portfolio

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CohnReznick Capital Markets Securities (CRCMS) announces an agreement with 8minutenergy Renewables – the nation’s leading independent solar PV developer – and sPower – a prominent renewable energy provider – on their utility-scale Redwood Solar Farm cluster in Kern County, Calif. The 72.9 MW-dc aggregated solar project has signed PPAs with Southern California Edison (SCE), Pacific Gas and Electric Company (PG&E) and the City of Palo Alto.

8minutenergy will team with sPower to build Redwood Solar Farms with a Commercial Operation Date (COD) in the third quarter of 2015. CRCMS was able to identify Macquarie (USA), Inc. (Macquarie) as a provider of development capital for the project in order to bring the project to a construction-ready stage. 8minutenergy also contributed development capital to the projects.

“CohnReznick Capital Markets worked jointly with Macquarie Capital and 8minutenergy over the last year to help deliver these projects to the marketplace. This was a great opportunity to utilize each group’s specific abilities to collectively bring these projects to fruition,” said CRCMS Managing Director, Conor McKenna. “We are excited to have facilitated the development of these assets and to broaden the development of utility-scale solar in the U.S.”

The agreement between CRCMS, sPower and 8minutenergy was transacted with 8minutenergy’s wholly-owned subsidiaries 65HK 8me LLC, 67RK 8me LLC, and 87RL 8me LLC. The agreement process was led by Macquarie Capital. Financial details were not disclosed.

First Solar is providing panels and racking for the project, while Eaton is providing the inverters.

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Axitec releases new polycrystalline solar module to U.S. market

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German engineering meets the U.S. dynamic with Axitec‘s new poly module. The polycrystalline AXIpower series offers a 60-cell, 260-watt module and a 72-cell, 310-watt module for residential and commercial applications. Axitec’s modules are applicable to 1,000-Vdc system designs and are UL 1703 fire performance rated. These solar panels are characterized by their above-average power efficiency of 15.98%. The AXIpower series is ready for shipment and available in the United States.

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Duke Energy will invest $225 million in solar projects for REC Solar customers

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Duke Energy, the nation’s largest electric utility, today announced the acquisition of a majority interest in REC Solar, a provider of comprehensive commercial solar and energy solutions nationwide.

In addition, over several years, Duke Energy will invest up to $225 million in commercial solar projects developed by REC Solar and supported by long-term power purchase agreements.

REC Solar, based in San Luis Obispo, Calif., will deliver a simple sales and financing process for commercial-scale customers, similar to that provided by residential solar companies. REC Solar serves key sectors including retail, manufacturing, agriculture, technology, government and nonprofits.

“This arrangement will build on Duke Energy’s mission of giving commercial customers solutions that reduce energy costs and achieve their sustainability goals,” said Marc Manly, Duke Energy executive vice president and president – Commercial Portfolio.

“With its long track record and commitment to quality, safety and customer service, REC Solar has demonstrated years of success in delivering solar power,” added Manly. “Through this arrangement, REC Solar will be better equipped to expand its offerings to commercial customers and provide an array of cost-efficient energy solutions.”

“We plan to extend the benefits of clean, distributed energy solutions to previously underserved small and medium-sized businesses,” said Allen Bucknam, chief executive officer, REC Solar. “The Duke Energy relationship realizes our strategy to be the one-stop shop for commercial solar by securing a predictable and streamlined customer financing process.”

Partnering with Duke Energy Renewables, REC Solar offers simplified customer financing, including leases and power purchase agreements, to provide customers with immediate savings.

“By lowering upfront costs and reducing the complexity of going solar, our aim is to accelerate commercial solar growth and provide end-to-end energy solutions to businesses, governments and educational institutions across the United States,” said Bucknam.

Established in 1997, REC Solar is an experienced photovoltaic (PV) solar provider that has completed more than 400 solar projects, ranging in size from multi-megawatt utility projects to local business rooftop systems. The company has more than 140 MW of distributed solar deployed or under construction.

Duke Energy is a leader in renewable energy, with wind and solar facilities in 12 states. Over the past eight years, the company has invested more than $4 billion in utility-scale renewables projects.

The terms of the deal were not disclosed.

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NEXTracker raises $25 million of growth capital financing

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NEXTracker, a designer and manufacturer of single-axis solar PV trackers, has announced the completion of $25 million in equity and growth capital financing.  The funding round, which closed in December, includes investments from SJF Ventures, Tennenbaum Capital Partners and earlier investors Sigma Partners and DBL Investors.  NEXTracker, based in Silicon Valley, provides state-of-the-art solar trackers that maximize system energy output while reducing installation and operating costs, resulting in substantially increased solar project profits.

“SJF Ventures is thrilled to partner with NEXTracker,” said managing director and co-founder Dave Kirkpatrick. “NEXTracker is led by successful solar veterans who have developed new tracking systems which are increasing the profitability of utility scale solar power in many countries. This financing will ensure that NEXTracker’s technology helps even more solar project owners surmount design and installation challenges, while driving down the cost of solar deployment.” SJF Ventures led the Series B round, and Mr. Kirkpatrick has joined NEXTracker’s board.

“Coming on the heels of last year’s tremendous increase in customer shipments, NEXTracker is appreciative of the capital from our investors to further scale production,” said NEXTracker CEO Dan Shugar. “We are now able to deliver over 200 MW/month.  We have also expanded our team with experienced solar project personal in North and South America, Europe, Asia, and Australia to provide customers the highest level of professional services and support to ensure smooth delivery of their solar power projects.”

“NEXTracker’s technology is facilitating large- and utility-scale project deployments by minimizing site grading and grounding requirements, while simplifying design, assembly, installation, cleaning and maintenance,” noted Todd Jacquez-Fissori, Managing Director, Energy Technology Group Head at Tennenbaum Capital Partners, LLC, a firm with over $5B in invested capital.   “We’re proud to be providing financing to NEXTracker, as their innovations in tracker technology have been proven on dozens of projects financed by leading banks with total value in excess of $450M.”

Global demand for solar trackers continues to expand rapidly as the market has transitioned to higher irradiance locations where trackers deliver outstanding increases in power production.  NEXTracker’s technology is proven to be a cost-effective solution to maximize solar project returns. Advanced features address and overcome layout constraints, significantly reduce the number of foundations and use of steel, eliminate stress on the drive components by aligning modules with the axis of rotation, and simplify AC wiring requirements.

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Global solar module shipments reach 8.8 GW in 2014

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IHS announced that quarterly solar photovoltaic (PV) module revenue (excluding processing service revenue) by the 20 leading global suppliers increased to $5.9 billion in the fourth quarter (Q4) of 2014. According to findings in the company’s latest Module Tracker Quarterly report, due to a sharp decline in module prices, quarterly revenues have not been higher, since the third quarter (Q3) of 2011.

Quarterly Solar PV Module Revenue of 20 Leading Suppliers Source: Module Tracker Quarterly report, IHS, Inc.

Quarterly Solar PV Module Revenue of 20 Leading Suppliers
Source: Module Tracker Quarterly report, IHS Inc.

Compared to Q4 2013, quarterly module revenue of the 20 leading suppliers increased 12 percent, driven by strong growth of their total module shipment volume, which reached 8.8 GW in the fourth quarter of 2014. Full year 2014 module revenue by these suppliers also grew to $21.4 billion.

“To fund their capacity expansion or acquisition, PV module suppliers must continuously increase their revenues,” said Ray Lian, principal analyst for IHS Technology, formerly with Solarbuzz. “As these companies gain more market share, we can expect to see further industry consolidation.”

Total module shipments from the 20 leading suppliers were the equivalent of 68 percent of global PV module demand in 2014, compared to only 60 percent in 2011. Both Trina Solar and Yingli Green Energy shipped more than 3 GW of modules in 2014.

During Q4 2014, the average selling price (ASP) for modules was negatively affected by the strong appreciation of the U.S. dollar against most other currencies, as well as by the elevated share of modules shipped to China and other low-ASP regions. The blended ASP of the 20 leading suppliers decreased 4 percent in Q4, compared to the previous quarter.

Continuous cost reduction efforts, including module efficiency improvements, helped to mitigate declining ASPs. The blended module cost-of-goods-sold of the top 20 suppliers fell below $0.6 per watt for the first time, reaching just $0.58 per watt in the fourth quarter of 2014. Blended gross margins only slightly increased to 14 percent.

“PV module revenues of the 20 leading suppliers will continue to grow, as they benefit from both robust global PV demand growth and increasing market share,” Lian said. “We expect them to reach historic revenue heights, as early as the fourth quarter of 2015.”

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Dept. of Interior helps flip switch on 550-MW solar farm in California

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U.S. Secretary of Interior Sally Jewell along with about 150 federal, state and local officials, and energy industry leaders, gathered to commission the 550-MW Desert Sunlight Solar Farm, located in Desert Center, Riverside County, California.

Secretary Sally Jewell flips the switch at the 550-MW Desert Sunlight Solar Farm in Desert Center, Riverside County, California. (PRNewsFoto/Desert Sunlight Solar Farm)

Secretary Sally Jewell flips the switch at the 550-MW Desert Sunlight Solar Farm in Desert Center, Riverside County, California. (PRNewsFoto/Desert Sunlight Solar Farm)

“Solar projects like Desert Sunlight are helping create American jobs, develop domestic renewable energy and cut carbon pollution,” said Secretary Jewell. “I applaud the project proponents for their vision and entrepreneurial spirit to build this solar project, and commend Governor Brown for implementing policies that take action on climate change and help move our nation toward a renewable energy future.”

Project owners NextEra Energy Resources LLC, a subsidiary of NextEra Energy; GE Energy Financial Services, a unit of GE; and Sumitomo Corporation of Americas all helped flip the switch for the official commissioning of Desert Sunlight.

“We wouldn’t be here today without the hard work and cooperation of all our partners,” said Armando Pimentel, president and chief executive officer of NextEra Energy Resources, the managing owner of the plant. “We are proud that Desert Sunlight will help California meet its renewable energy goals and has helped bring much needed jobs and economic benefits to families and businesses throughout Riverside County.” The facility is capable of generating enough clean energy to power about 160,000 California homes.

The Desert Sunlight Solar Farm is located on approximately 3,600 acres of land managed by the U.S. Bureau of Land Management in Riverside County. The project is delivering significant environmental benefits, including displacing approximately 300,000 metric tons of carbon dioxide per year, equal to removing more than 60,000 cars from the road.

First Solar permitted, constructed and is now operating the plant, which uses over 8 million First Solar modules. The power generated is being provided to Pacific Gas & Electric Company and Southern California Edison both under long-term contracts.

Development on the Desert Sunlight Solar Farm began in 2008. Desert Sunlight received its right-of-way grant from the Bureau of Land Management in August 2011. Since breaking ground, the project employed an average of 440 construction workers who logged more than 3.6 million man-hours of work at the facility. In addition, more than 40 California businesses contributed to the project through services ranging from materials, equipment, utilities, labor, housing, and food and beverage.

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JinkoSolar to provide smart modules to for Japanese project

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JinkoSolar will provide 2 MW of smart modules to IDEC Corporation, a Tokyo Stock Exchange listed Japanese designer and manufacturer of control automation products, for a ground mounted solar PV project in Nishinomiya, Hyogo Prefecture, Japan.

tigo japan

The project, which will comprise of 7,644 JinkoSolar polycrystalline smart modules equipped with TIGO Optimizer smart component, is currently the largest PV project equipped with all smart modules in Japan.

JinkoSolar smart modules are designed to correct mismatches between module and module strings by using embedded cell optimizer component that provide sub-panel level Maximum Power Point Tracking (“MPPT”) functions. This allows any underperforming cell or module strings to continue contributing power to the string while not restricting the flow to others. Smart modules can improve the power output by up to 20% compared with ordinary modules when in the shade condition, and minimize the impact clouds and dust have on other modules.

Mr. Kangping Chen, Chief Executive Officer of JinkoSolar commented, “JinkoSolar’s smart modules provide stable operation and efficient electricity output for any solar PV system and represent a first step towards building a smart-grid. JinkoSolar’s R&D teams are devoted to developing integrated intelligent solution from smart solar modules to intelligent solar power plant systems. We will continue to develop new and efficient intelligent solar PV systems to bring solar power to a new level.”

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Impress Labs, Unthink Solar form new solar marketing and PR agency

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Impress Labs, a brand driven communication agency specializing life science, semiconductor, and solar companies, announced that Tor “Solar Fred” Valenza had joined the company as its in-house chief marketing officer for its dedicated solar practice. As part of the agreement, Valenza will integrate his strategic solar marketing agency, UnThink Solar, with the Impress team to create a new marketing offering intent on helping solar, storage, and other cleantech companies grow revenues and become mainstream energy brands.

With the combination of resources and talents, solar clients will now have direct access to full-service public relations, digital services, video and animation, media buying, web design, social media, and other communication and marketing services.

“I’m really excited to join the team here at Impress and introduce an unparalleled offering to solar companies,” stated Valenza. “UnThink Solar has helped many high profile solar brands with creative marketing strategies, but we haven’t had the resources to execute those strategies ourselves. Impress Labs has done a great job of becoming a relevant agency in the space over the last few years with its own brand of PR-forward marketing. Combined, we have the team and resources in place to bring amazing marketing ideas to life that can really impact our clients’ bottom lines.”

“Our approach to marketing and PR is simple: Align great process with great industry-specific talent. Bringing Tor on board and the ‘Unthink Solar’ mentality to drive that strategic marketing is the final piece of the jigsaw,” said Dave Richardson, managing partner at Impress Labs. “We’ve got a great team and a growing client roster in a solar market that is flying right now. We’re thrilled to have Tor aboard, and look forward to delivering great results for our clients and for the industry as a whole.”

Valenza is also known for his @SolarFred Twitter handle with over 10,500 solar followers. He will continue Tweeting from @SolarFred and writing his weekly UnThink Solar marketing blog on Renewable Energy World, which has built a loyal following of over 15,000 readers per week.

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Enphase Energy expands solar operations and maintenance service

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Enphase Energy is expanding its Enphase Energy Services (EES) business. The company is leading efforts to streamline solar photovoltaic asset management and operations and maintenance, and prepare for the broader-based maintenance and productivity service requirements of future energy management systems.

With over 450 megawatts under management, EES works with system owners, operators and installers to protect their solar investments with a scalable asset management and O&M services offering, from concept through implementation to long-term maintenance. Enphase’s networked system enables solar stakeholders to make informed O&M decisions that keep capital outlays to a minimum, decrease time onsite, optimize system performance and generate a faster return on investment for their customers.

As part of this strategic initiative to accelerate the expansion of its energy management services, Enphase has acquired substantially all of the assets of Next Phase Solar, Inc., a leading provider of O&M services for the U.S. solar PV industry, based in Berkeley, Calif.

“By providing customers with proactive O&M services, EES is enabling them to focus on their core business of financing and installing solar systems,” said Paul Nahi, president and CEO of Enphase. “The acquisition of Next Phase Solar’s assets strengthens EES’ comprehensive ability to proactively and cost-effectively operate and maintain residential, commercial and utility-scale PV power plants within the U.S., regardless of manufacturer or brand, and marks Enphase’s latest effort to accelerate the mainstream adoption of solar energy.”

Next Phase Solar brings to EES a suite of comprehensive solar O&M services that have been optimized for system owners, equipment manufacturers, financiers, installers, and engineering, procurement and construction contractors. Services include preventive and corrective maintenance, asset management, warranty compliance, solar array cleaning and system commissioning.

“We have been impressed by Enphase’s successful track record and commitment to being a leader in energy management services,” said Adam Burstein, founder of Next Phase Solar. “The synergy between the two companies will enhance our proven O&M and asset management expertise, and enable us to expand our service offerings exponentially.”

Customers of EES and Next Phase Solar have welcomed the expansion of Enphase’s services offering.
“Enphase Energy Services has provided GCI Solar with a unique opportunity to maintain a high level of customer service for all our valued customers,” said William Chen, COO of GCI Solar. “It provides factory-level service in line with GCI’s commitment to being the best in our class, which benefits our customers, our organization and Enphase. We look forward to our continued partnership with Enphase and the EES program.”

“Future Energy has partnered with Enphase Energy Services for almost a full year,” said Kyle Franz, general manager and senior VP of construction of Future Energy. “Our partnership allows Future to focus on our core business of selling and installing while continuing to offer our customers the highest level of service in the industry. Both Future and Enphase are dedicated to keeping our customers 100% satisfied, 100% of the time; a winning combination.”

“Next Phase Solar has delivered outstanding value and security to our homeowners and installation partners, and we are excited to further expand our relationship with Enphase,” said Steve Michella, CEO of Dividend Solar, a leading solar loan company that works with quality-driven installers. “By adding Next Phase’s top-quality O&M servicing capabilities to its existing portfolio, Enphase is well-positioned to accelerate growth and build the leading energy management company in the U.S.”

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Fronius releases solar rapid shutdown box

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Fronius USA has released the Fronius Rapid Shutdown Box for an immediate, compliant and convenient solution to the latest NEC 2014 code requirement of Rapid Shutdown.

SE_HRPIC_Configuration_RSB_EN

The NEC of 2014 requires photovoltaic systems to have an AC functionality to manually shutdown the power in the event of an emergency. This new code requirement has raised concerns throughout the solar industry since many products are not able to accomodate such functionailty. The Fronius Rapid Shutdown Box is a convenient solution for system owners and developers to implement the safety needs required by this new requirement.

With the Fronius Rapid Shutdown Box, Fronius is able to offer a reliable and easy way to install a solution for all single phase Fronius SnapINverters from 1.5 kW to 8.2 kW. Directly connected to the inverter through the same DC conduit as the DC homeruns, the Fronius solution minimizes the number of boxes needed providing an ease of installation. No extra power supply or ground level hardware needed, reducing system cost. The Rapid Shutdown is triggered whenever AC is not present, and the DC lines are rapidly discharged by the inverter. Fronius is accepting orders now.

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SunLink releases new cast-in-place ballasted ground-mount foundation

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SunLink Corporation released a new cast-in-place foundation option for its proven ground-mount PV racking system, Ballasted GMS. Unlike the current default construction method of shipping large pre-cast concrete ballast blocks to solar installation sites, the new cast-in-place option leverages off-the-shelf concrete forms and standard construction methods to pour concrete ballasts on site.

sunlinkBGM“Customers have given our Ballasted GMS product rave reviews for its ease of assembly and versatility,” said Kate Trono, director of product management for SunLink. “However, the one thing that they asked us to continue to work on was the cost and shipping challenges associated with sourcing pre-cast ballasts. Depending on the project location, shipping pre-cast ballasts can run from $12,000 to $32,000 per megawatt – that is a significant percentage of total installed costs. Though we will still offer our pre-cast foundation option, this new cast-in-place alternative solves that pain point and helps our customers achieve more competitive project pricing – which is our ultimate goal as their partner.”

Cast-in-place foundations have been the preferred solution for the construction industry for decades. With its cast-in-place Ballasted GMS foundation option, SunLink has adapted those proven job site best practices for the solar industry. The cast-in-place foundations are created with concrete formwork that can be sourced from local suppliers or purchased directly from the company, allowing for flexibility in how and when the ballast is formed. In addition to optimizing foundation installation timelines, the formwork also allows foundations to be cast at varying heights on site to adapt to uneven terrain — resulting in an aesthetically pleasing solar array.

Known for being a superior solution for sites that do not allow ground penetrations, the SunLink Ballasted GMS product has been proven in the field at more than 50 MW of landfill and community solar sites across North America.

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Rexel, Gexpro to begin distribution of Ideal Power converters

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Ideal Power Inc., a developer of a disruptive power conversion technology, and Rexel Holdings USA Corp., through its subsidiaries General Supply & Services Inc. d/b/a Gexpro, and Rexel Inc., a leader in the distribution of electrical supplies and services, are pleased to announce that Rexel and Gexpro will begin carrying Ideal Power’s award-winning power converter family of products in its portfolio effectively immediately.

Rexel is one of the largest energy distributors in the world, with over 2,300 branches spread across 38 countries. “Rexel is the ideal distribution partner giving us broad reach in the electrical supply market. This agreement represents an important step toward expanding and diversifying our customer base,” said Dan Brdar, CEO of Ideal Power.

Under the terms of the agreement, Ideal Power will supply its 30-kW and 125-kW power converter products to Gexpro and Rexel for resale to their networks of electrical installers and distributors. “After an exhaustive search of power converter options that would support energy storage capabilities, we selected Ideal Power’s solutions based on its robust performance, industry-leading efficiency and its demonstrated reliability. At Rexel Holdings, we strive to deliver the latest most innovative solutions to the energy markets and Ideal Power’s converters were a natural fit to our product line,” said Mike Seavey, Gexpro National Solar Manager.

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Appealing to investors: Tips for a great data room

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Haresh Patel

By Haresh Patel, CEO, Mercatus

Building strong relationships with energy investors is crucial for solar developers who want to receive financing for projects. One powerful way to speed up project finance, while also building strong partnerships, is to focus on presenting projects in a way that is appealing to investors.

If investors do not provide specific guidelines on how they want to receive information about a project, developers should focus on building a great data room, a place online where companies share business documents. These are my top three rules for a great data room:

  • Transparency
  • Transparency
  • Transparency

Here are my best practices to effectively achieve transparency:

Include an executive summary
An up-to-date executive summary saves investors’ time. This will be the first document reviewed before logging into your data room. A great executive summary should be three pages at most and communicate the following:

  • What is your ask?
  • Project size (DC and AC)
  • Estimated total project cost
  • Annual production (kWhr or MWhr)
  • Project location
  • Project merits
  • Developer’s history and experience
  • Third parties involved. Mention if a third party can be substituted. Investors value flexibility and may prefer their own EPC and O&M partners.
  • Timeline of target dates for key milestones (site control, key permits, power purchase agreements, interconnection, commencement of construction, commercial operation date, etc.)
  • Key document summaries—a brief paragraph summarizing the status of key documents. For example, you may write, “Interconnection Agreement is expected in December 2015. Facilities Study received in July 2015. Estimated interconnection upgrade cost of $350,000, in which $100,000 due at execution of the Interconnection Agreement and the balance, $250,000, due at commercial operation.”
  • Financial summary—as an initial litmus test investors typically look at unlevered pre-tax and after-tax IRRs. Developers can prevent unnecessary back and forth with investors by having a simple, but accurate unlevered pro-forma available.

Note: This is also applicable for a portfolio of projects.

Present an up-to-date and relevant data room
Spending hours or days reviewing a data room in detail and then receiving an email with 30 additional documents that should have been there in the first place is extremely frustrating. At the same time, don’t dump every project document you have into the data room. Be comprehensive, but no investor needs to review version 2 of 8 of a Site Lease Agreement.

Create a folder nomenclature
Investors greatly appreciate being able to easily navigate a data room. A simple folder hierarchy for a renewable energy project should include the following categories: Site Control, Environmental, Permits, Production, Interconnection, Off-take, EPC, Project Company, O&M, Financials.

Have a document nomenclature
Similarly, a simple document naming methodology simplifies the experience for an investor. Answer the following questions: 1) What is this document? 2) What version is it? 3) What is the date? 4) Is it executed? An example of an executed Power Purchase Agreement would look like this: PPA_Final_081413_FullyExecuted.

Don’t hide skeletons
Developers are often reluctant to share any potentially detrimental information about a project. Nevertheless, hiding information that will eventually be uncovered during the due diligence process destroys credibility and jeopardizes the entire project. Be upfront with potential project risks and communicate the actions in place to resolve them.

Much of this may seem like common sense, yet we see insufficient organization and transparency every day. At Mercatus, we have appraised over 22 GW of renewable energy assets. Ideally, developers could solicit projects with a score recognized industry-wide, but until that is established transparency is required by developers to unlock capital and get lots of projects across the finish line. SPW

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Remote charter school gets a renewable retrofit

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A rural Arizona school near Navajo Nation gets a new solar and wind microgrid to power its growing demand.

Issues with getting power to areas out of utility reach in third-world countries are commonly discussed. But people don’t always realize many areas within the United States also face this problem. Off-grid solar has become a popular solution to provide power in these zones.

STAR School’s retrofit started in September 2013 and finished in August 2014.

STAR School’s retrofit started in September 2013 and finished in August 2014.

This is the case for STAR School, a pre-K through 8th grade charter school located in a rural desert-area 25 miles outside of Flagstaff, Ariz. It is out of reach for connecting with utility lines, and installing them would be an expensive project. Yet, the site was the perfect location for the school because of its proximity to a Navajo reservation where many of its students live.

The Navajos and surrounding community value sustainable living and self-reliance. To solve its power needs, the school installed a solar system and seven wind turbines over 15 years. But three wind turbines were destroyed by cyclonic winds and the solar array wasn’t performing as planned. The school was forced to pay as much as $5,000 a month to run a 30-kW propane generator.

After receiving a Native American Preference Grant, the school decided to invest in its power system and turned to Mark Snyder Electric (MSE) and Elsa Johnson, director of IINA Solutions, for help. Snyder’s Southern California-based full-service electrical contracting and alternative energy business came out to examine the project. At first look, founder Mark Snyder was taken aback by how poorly the existing system was installed.

“This was one of the worst systems I’ve seen,” Snyder remembered. “I was shocked to find residential solar equipment where commercial should have been used. The system was cobbled together and wind turbines destroyed. Solar panels were too close to the roof and each other, and the batteries were on the verge of failing because of insufficient charging performance.”

After the atrocious assessment, Snyder formulated a retrofit plan with four key improvements. He planned to set up a microgrid with AC coupling, convert the system to high-voltage strings, recondition the existing batteries and convert the system from single phase power to a balanced three-phase system while keeping the remaining four turbines.

Making the school a microgrid
Creating a robust microgrid for STAR School meant integrating several sources of power. The coordination of all power sources is handled by SMA’s Sunny Island battery-based inverter, which can be programmed to operate in several different modes, in this case off-grid. The Sunny Island and Sunny Boy inverters can communicate with SMA’s monitoring system, which allows Snyder to manage the system remotely over the internet and make sure it’s performing properly, even though the site is hard to visit regularly. Students enjoy how the SMA system records how much CO2 the system has saved the planet.

Snyder also installed 245 Kyocera, Sharp and Schott solar panels on the ground and the roof. Many of the panels and Unirac, Prosolar and other racking systems used were donated.

Benefits of AC coupling
MSE used an AC coupling method to optimize output. Traditionally grid-tied inverters that are programmed for off-grid applications or microgrids must convert electricity into usable AC power. In AC coupling, loads and energy sources are directly connected to a conducting AC bus bar, so additional DC to AC conversion is not required, increasing system efficiency. AC coupling also reduces battery usage and strain because it converts DC to AC power directly, rather than sending electricity into a battery and drawing it out again. This approach minimizes high-current, low-voltage DC connections and reduces installation costs and complexity.

Snyder also converted the system to three-phase power to allow the use of higher-efficiency motors for air conditioning and submersible pumps, and to provide for the school’s rapidly growing power demands.

Converting to higher voltage
MSE replaced the school’s 80-V installation with a 600-V system. Because power consumed by wires increases with current, upgrading to a higher voltage reduces current and transmission losses while increasing the system’s efficiency. The extra voltage helps provide 25% to 50% more power on cloudy and extremely hot days, compared with the old system.

The project won a Governor’s Award For Excellence in 2001 for being the first off-grid charter school in the U.S

The project won a Governor’s Award For Excellence in 2001 for being the first off-grid charter school in the U.S

Bringing batteries back to life
Part of the microgrid system also involves battery backup, but first Snyder had to decide what to do with the existing batteries. “After poor test results I really wanted to replace them,” he said, “but it wasn’t in the budget.”

Snyder was forced to turn to plan B, which was working with engineers on an equalization protocol to bring the batteries back to life. This involved measuring specific gravity, charting the batteries cell by cell and then replacing water. The team charged and discharged batteries for two months on a high equalization level to burn off built-up sulfation. This rehabilitation and the AC coupling will help prolong existing battery life, but once more money is available, MSE plans to completely replace the batteries with Crown Battery models, which Snyder says have tested well in similar environments.

Power generated from the solar and wind system is either directly used during the day or stored in battery banks and drawn as needed, such as on days with little wind or sun. If there are consecutive days where the renewables can’t generate enough power and the battery backup power doesn’t fulfill the school’s power needs, Snyder installed a propane generator for emergency backup power.

Results of the retrofit
By retrofitting the school’s array, MSE was able to increase the system’s output by 70%, saving the school thousands in propane costs. Solar power is the primary source of energy during the day, while wind turbines generate power at night and during storms when the solar panels may not. The nearly 450 kW on average generated every day by the solar and wind systems runs all computers, lights, kitchen appliances and even the well and pump that bring water into the school.

“It’s a mini power plant,” said the school’s co-founder and director Dr. Mark Sorenson in a student-made documentary.

Snyder said MSE, working with Elsa Johnson’s non-profit IINA Solutions, trained local Native Americans to work on the project and other nearby installations. “We aren’t just creating green power,” Snyder said. “We’re creating green jobs.”

Snyder said this retrofit approach can work in many systems. “If your solar array was installed before 2005, expect a nearly 50% greater output when upgrading to a high-voltage microgrid at a fraction of the cost of additional solar panels.”

Sorenson expressed in the student documentary how the successful microgrid could work for any school.

“If we can set up our school to be powered on solar, and we aren’t rich and we don’t have a whole lot of resources, then I think other schools can too,” he said. SPW

Solar Power World

What are the benefits of integrated solar modules?

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integrated solar modulesPower optimizer and microinverter companies are joining with module manufacturers to offer more integrated solutions to the solar market. But what is the difference between these systems and what advantages do they offer solar contractors?

The microinverter is converting DC into AC, while a power optimizer performs DC to DC conversion, and therefore an inverter (to convert DC to AC) is needed in a grid-connected system,” said Juan Carlos Gonzalez, senior technical manager at Jinko Solar. “Also, optimizers tend to be more efficient, while microinverters tend to have more flexibility.”

Gonzalez added that buying a solar module with an integrated electronic offers some advantages for installers rather than buying them separately.

From a logistics point of view, there are no extra boxes, shipping, warehousing or extra part numbers needed,” he said.

Brian Cox of Axitec Solar added that from a construction standpoint, there is no additional hardware required, no pre-configurations and no additional communication connections required during the installation with integrated modules.

Less wiring and avoiding having to install the electronics separately makes installation easier,” he said.

Don Hammond, vice president of sales and marketing at Mage Solar, also sees the advantages integrated modules offer solar installers.

Installers love that integrated panels just plug in to each other without any high voltage DC. This makes installation much safer and panels can be shut down individually if needed,” he said. “Because of their plug-and-play technology, integrated systems can be expanded without problems. This usually eliminates any initial consumer hesitations because the systems can be scaled to accommodate any budget.

Usually, integrated modules offer the same warranty conditions as a traditional PV module, about 25 years, said ET Solar product manager Zhaoyang Zhang. However, the price can run a bit higher.

Still, while the initial hard costs might be higher in some cases, Hammond says they can be quickly recouped after considering the saved installation labor and time.

It’s really hard to think of an actual disadvantage these modules might present,” Hammond said. “It’s a relatively young technology and so maybe one of the challenges for the industry is to create more awareness and provide better information about the ease of use and installation for integrated modules.” SPW

Some integrated models:
Andalay and Enphase
Axitec and Tigo Energy
Canadian Solar
ET Solar and SolarBridge
JA Solar and Tigo Energy or SolarEdge
Jinko Solar and Tigo Energy
Mage Solar and SolarBridge
Trina Solar and Tigo Energy
Upsolar and Tigo Energy
Yingli and Tigo Energy

Solar Power World

Solar Speaks: DNV GL discusses solar inverter testing

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Testing is essential to helping verify functionality and performance of any component, especially inverters as the “brains of a solar system.” We spoke with Ray Hudson and Michael Mills-Price of DNV GL’s inverter testing segment to tell us more about how the organization’s testing expands upon that of traditional national testing facilities.

Read the full article on DNV GL’s solar inverter testing here.

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Solar inverter testing steps beyond certification: into the lab and the field

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Inverters are  crucial components of a solar power plant—converting the DC power from PV modules to AC power for the utility grid and also typically serving as the ‘central intelligence point’ of a project. “Inverter performance, operation and reliability impact project value and return on system investment,” says Michael Mills-Price of DNV GL’s product qualification and testing team. “Inverter testing provides a benchmark to help solar project financiers, developers and EPCs compare and select inverter products.”

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Solar inverter standards vary globally and by geographic region. Mills-Price explains that most inverters go through third-party testing only for conformance to these safety standards. “Most nationally recognized testing labs focus on evaluating inverter products for safety—that it’s not going to result in electrical shock or fire,” he said.

Manufacturers also self-test their products, but Ray Hudson, solar service leader at DNV GL, said testing varies significantly from one manufacturer to another. “Each manufacturing facility has different levels of capability and skill.”

DNV GL provides global independent solar advisory and testing services for the entire solar project life cycle. This includes its third-party inverter testing which was launched last October. DNV GL’s solar product qualification team (formerly PVEL) tests residential and commercial inverters in its Berkeley, California, laboratory. Using methods such as thermal and accelerated life testing in environmental chambers, the team analyzes whether or not an inverter is likely to meet the life span its manufacturer has estimated.

Unlike most nationally recognized testing facilities, DNV GL goes beyond the laboratory qualifications with its field testing facility (which is located at the former PV-USA facility) in Davis, Calif. Here, inverters are installed and tested directly in the field, experiencing “under the sun time” and their operation and performance is assessed while connected to an actual solar array.

“These tests are meant to complement the safety and interconnection assessment of other nationally recognized labs,” Mills-Price said, referring to tests for adherence to UL 1741,  IEEE 1547, and all of the international IEC standards.

“A number of inverters have gone through our testing service since it was launched during Solar Power International last year,” Hudson said. “We’ve seen some interesting findings through testing on actual systems that have not shown up in laboratory tests.”

Qualification time can vary depending on system size and other factors, but typical inverter testing at DNV GL takes six to eight weeks if the lab and field testing occur in parallel.

One caveat, Mills-Price warns, is that inverter tests are not meant to put an exact date on inverter failure or predict exactly how much energy will be harvested for a given solar installation. There are a number of other factors that play into that larger equation. Instead, he said testing helps reduce the risk of out-of-the-box failures while providing a series of metrics to analyze performance against what the manufacturer provides in their data sheets. “These tests provide a means to reduce operational and management risks associated with PV systems,” Mills-Price said.

Mills-Price also points out that inverter reliability and performance is only going to be stretched with emerging interconnection requirement changes. “We’re requiring inverters to ride through a number of transient events much more than two or three years ago,” he said. “We’re also asking them to provide reactive power support under these conditions and pushing them on the AC-grid and connected side. This only increases the importance of evaluating inverter reliability and performance.”

As new inverter manufacturers enter the market, and others consolidate or exit, additional independent testing can help minimize project risk, Hudson adds. “Testing can provide confidence that the inverters you’re using have the functionality you expect,” he said. “We view that as beneficial to the financial and technical success of solar power plants.”

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5 levels of inverter testing
DNV GL’s inverter qualification services includes five levels of testing:
Level 1:
Functionality—Will the inverter work?
Level 2: Safety—Can the inverter be operated safely in the field?
Level 3: Performance—Will the inverter perform as expected when connected to a solar array?
Level 4: Robustness—Will the inverter meet expectations in a real-life field application?
Level 5: Reliability—Will the inverter last?

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Did you know?
DNV GL specializes in global independent solar advisory and testing services for the entire solar project life cycle. This includes feasibility studies, energy production assessment, design review, construction and commissioning monitoring, support in grid interconnection, providing system design assistance, supporting environmental and permitting, and performing asset management services after projects are complete. DNV GL also offers technology reviews for inverter, module, mounting system and tracker manufacturers to support the bankability of their components. DNV GL supports buyers and investors through rigorous testing for both PV modules and inverters, as well as, product certification and batch testing for specific projects.

Listen to the full interview in this podcast.

 

 

 

 

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