Companies

Martifer Solar Connects Self-Consumption Solar PV Rooftop Plant in El Salvador

Posted by 13 April, 2015 (0) Comment

Martifer-EL Salvador

Martifer Solar, a subsidiary of Martifer SGPS, has completed a new self-consumption solar PV plant located on a commercial rooftop in the Santa Tecla, El Salvador. The plant, with a total installed capacity of 300 kW, was developed by Martifer Solar’s local partner, DESENI, and was built for one of El Salvador’s largest distribution companies of consumer products, DISZASA.

Martifer Solar was responsible for the engineering, procurement and construction (EPC) services for the PV rooftop plant. The 300 kW plant, with approximately 1,000 solar panels, will produce clean energy and will lead to the reduction of the commercial facility’s energy bill by up to 18% on an annual basis. With an area of 2000 m2, the PV plant will produce an estimated 486 MWh/year. With this production capacity, the plant will offset 350 tons of carbon dioxide emissions annually and will provide sufficient energy to power more than 1500 inhabitants per year.

“The Salvadoran photovoltaic market is evolving and solar energy will be highly important in the energy mix of the country. Thanks to high levels of solar radiation and the number of hours of sunshine, El Salvador offers ideal conditions for generating energy from solar photovoltaic systems. There is great potential for the development of solar installations on rooftop, especially in commercial and industrial buildings,” said Ismael García, Head of Business Development for Central America and the Caribbean for Martifer Solar.

Martifer Solar will continue augmenting its activities in the PV rooftop segment of El Salvador with its local partner, DESENI, and aims to implement more than 2 MW of solar PV rooftop plants for various commercial and industrial clients throughout 2015.

ABOUT MARTIFER SOLAR
Martifer Solar is a fully integrated player in the global PV market, focused on the development of photovoltaic projects, EPC and O&M.

The company is based in Portugal and has presence in Europe (Spain, Italy, Greece, Belgium, France, Czech Republic, Slovakia, UK, Germany, Romania and Ukraine), North America and Latin America (US, Canada, Mexico, El Salvador, Chile, Brazil and Ecuador), Africa (Cape Verde, Mozambique and South Africa) and Asia (India, UAE, Singapore and Japan).

The company has implemented more than 670 MW of photovoltaic energy worldwide.
Martifer Solar is part of the Martifer Group, a multinational industrial group with about 3,000 employees focused on metallic constructions and solar energy. Martifer SGPS, SA is the parent company of the Group and is listed on Euronext Lisbon since June 2007.
More information at: WWW.MARTIFERSOLAR.COM

ABOUT DESENI
DESENI , S.A. DE CV , formerly division of the company Quantum Energy , SA Ltd , began operations in 2009 with a market survey to identify areas in which they could develop renewable energy projects , including selecting suppliers and identify potential customers.

DESENI is a company that aims to develop cost-effective solutions for its customers, using renewable energy. As a policy, each proposal submitted to customers is supported by a series of analyzes and previous studies conducted by its engineering department. With the data obtained it is in the ability to design solutions that meet the specific needs of each project.
To date DESENI has developed projects totaling 6.58 MW in Guatemala and El Salvador, in photovoltaic projects on deck floor.

Currently, the company operates in Edificio Avante, Nivel 7, Oficina 704. Calle Llama del Bosque Pte., Urb. Madreselva III. Antiguo Cuscatlán, La Libertad. El Salvador.

Categories : Companies,News,Solar Energy Tags : , , ,

KYOCERA to Build World’s Largest Floating Solar Installation

Posted by 22 December, 2014 (0) Comment
Floating Solar Installation at Yamakura Dam

Yamakura Dam Site

December 22, 2014 – Kyocera Corporation (President: Goro Yamaguchi; herein “Kyocera”) and Century Tokyo Leasing Corporation (President: Shunichi Asada; herein “Century Tokyo Leasing”) announced today that Kyocera TCL Solar LLC, a joint venture established by the two companies, will develop and operate a 13.4-megawatt (MW) floating solar power plant on the Yamakura Dam reservoir, managed by the Public Enterprises Agency of Chiba Prefecture in Japan for industrial water services. The plant will become the largest floating solar installation in the world*1.

Aiming to reduce its burden on the environment, the Public Enterprises Agency of Chiba Prefecture had been publicly seeking companies to construct and operate a floating solar power plant at the Yamakura Dam. Kyocera TCL Solar was selected to undertake this project in part due to its experience and expertise in developing utility-scale solar power plants in Japan. The company aims to begin operations in March 2016 after negotiating with related parties including Tokyo Electric Power Company.

“When we first started R&D for solar energy in the mid 1970’s, the technology was only viable for small applications such as street lamps, traffic signs and telecommunication stations in mountainous areas,” stated Nobuo Kitamura, senior executive officer and general manager of the Corporate Solar Energy Group at Kyocera. “Since then, we have been working to make solar energy use more ubiquitous in society, and have expanded our business to residential, commercial and utility-scale solar applications. We are excited to work with our partners on this project, taking another step forward by utilizing untapped bodies of water as solar power generation sites.”

The project will be comprised of approximately 50,000 Kyocera modules installed over a water surface area of 180,000m2. The plant will generate an estimated 15,635 megawatt hours (MWh) per year — enough electricity to power approximately 4,700 typical households*2 — while offsetting about 7,800 tons*3 of CO2 emissions annually.

Under the plan, Kyocera TCL Solar will build and operate the installation, and Century Tokyo Leasing will provide project financing. The Kyocera Group will be responsible for the supply of solar modules and related equipment in addition to construction, operation and maintenance. The modules will be installed on floating platforms manufactured by Ciel et Terre (headquarters: France), which is also supplying the platforms for a floating solar power plant project in Hyogo Prefecture currently being constructed by Kyocera TCL Solar.

By cooperating with local companies on construction and operation, and establishing an environmental education facility adjacent to the plant to provide environmental classes for local elementary school students, Kyocera and Century Tokyo Leasing hope that the project will play a role in the development of the local community. The companies are committed to promoting solar energy as a means to attain a low-carbon society.

*1 World’s largest floating solar power plant in terms of output (as of December 22, 2014)
*2 Based on an average annual use of 3,313kWh per household. Source: Federation of Electric Power Companies of Japan (2012)
*3 Based on calculations derived from JPEA standards

Categories : Companies,News,Solar Energy Tags :

Largest Solar Photovoltaic Project in the World Now Fully Operational

Posted by 29 April, 2014 (0) Comment

Agua Caliente Solar Facility

April 29, 2014 CARLSBAD, Calif. & PHOENIX–(BUSINESS WIRE)–NRG Energy, Inc. (NYSE:NRG), through its wholly-owned subsidiary NRG Solar, along with partner MidAmerican Solar announced they have achieved substantial completion at their Agua Caliente Solar Photovoltaic Facility, a 290 megawatt (MW) photovoltaic facility located on 2,400 acres of land between Yuma and Phoenix, Ariz. The electricity that is generated by the station, which can support 230,000 homes at peak capacity, is being sold to Pacific Gas & Electric Company (PG&E) under a 25-year power purchase agreement.

“It is exciting to see this project become fully operational and begin to realize the full benefit of emissions savings with the clean energy generated at Agua Caliente.”

“Large-scale utility accomplishments, like our Agua Caliente project, raise the bar in terms of our clean-energy technology and production,” said Tom Doyle, president, NRG Solar. “Proving that we can build both the world’s largest solar thermal and now one of the world’s largest solar photovoltaic facilities advance NRG’s mission to reshape the energy landscape that is incredibly beneficial to both the economy and in how we produce and consume energy. Whether it’s partnering, developing or investing, NRG will lead the way in providing a diverse set of solutions and technologies to get the US to the ultimate goal of providing affordable, reliable clean energy for everyone.”

The Agua Caliente project uses clean solar power to avoid the annual emission of approximately 324,000 tons of carbon dioxide into the atmosphere, which is the equivalent of taking nearly 70,000 cars off the road. The creation of 400 jobs during the project’s construction provided a boost to the local economy and it benefits the environment by producing clean, renewable energy. The project received a $967 million loan guarantee from the US Department of Energy’s Loan Programs Office.

“In 2012, our company made a commitment to invest in its first utility-scale solar project to foster economic development while demonstrating our commitment to the environment,” said Richard Weech, chief financial officer, MidAmerican Renewables, who also oversees the activities of MidAmerican Solar. “It is exciting to see this project become fully operational and begin to realize the full benefit of emissions savings with the clean energy generated at Agua Caliente.”

The Agua Caliente Solar Project was named Solar Project of the Year by Renewable Energy World, a leading industry magazine, and PV Project of the Year by Solar Power Generation USA, the industry’s leading utility-scale solar power conference.

Agua Caliente is the largest of 10 operational utility-scale solar PV facilities in three states in which NRG has ownership interest. Agua Caliente is also one of several NRG assets that are subject to a Right of First Offer Agreement between NRG and its publicly owned subsidiary, NRG Yield, Inc. (NYSE: NYLD). First Solar, Inc. designed and constructed the project using its advanced thin-film photovoltaic modules and will operate and maintain the facility for NRG and MidAmerican Solar.

Photos from First Solar's Agua Caliente site in Arizona.

About NRG and NRG Solar

NRG is leading a customer-driven reinvention of the US energy industry by delivering cleaner and smarter energy choices – and solar power is a great resource to provide a more sustainable (and more affordable) lifestyle. From the world’s largest photovoltaic project to professional sports stadium rooftops to customizable canopies to parking covers, NRG Solar’s innovative solutions reduce environmental impact and demonstrate the availability and performance of cleaner energy choices to a broad public audience. A Fortune 500 company, NRG creates value through reliable and efficient conventional generation while driving innovation in solar and renewable power, electric vehicle ecosystems, carbon capture technology and customer-centric energy solutions. NRG’s retail electricity providers serve almost three million customers throughout the country. More information is available at nrgenergy.com and nrgsolar.com. Connect with NRG Energy and NRG Solar on Facebook and follow us on Twitter@nrgenergy and @nrgsolar.

About MidAmerican Renewables and MidAmerican Solar

MidAmerican Renewables, LLC owns and operates wind, geothermal, solar and hydro projects in the unregulated renewables market. MidAmerican Renewables is headquartered in Des Moines, Iowa, and has offices in Phoenix, Ariz., and Calipatria, Calif. Information about MidAmerican Renewables is available on the company’s website and its Twitter, Facebook and YouTube pages, which can be accessed via www.midamericanrenewablesllc.com.

MidAmerican Solar is a subsidiary of MidAmerican Renewables and is headquartered in Phoenix, Ariz. MidAmerican Solar’s projects include the 550-megawatt Topaz Solar Farms in San Luis Obispo County, Calif.; the 579-megawatt Solar Star projects, two projects co-located in Kern and Los Angeles counties in California; and the 290-megawatt Agua Caliente project in Yuma County, Ariz. More information is available at www.midamericanrenewablesllc.com.

Categories : Companies,News,Solar Energy Tags : ,

KYOCERA Solar Captures Sun and Creates Shade at Tucson Airport

Posted by 19 December, 2013 (0) Comment

tn

Scottsdale, AZ – December 19, 2013 – As the holiday travel season begins, Kyocera Solar Inc. today announced that its industry-leading solar modules were selected to power the first phase of a 2.5MW parking lot canopy installation at Tucson International Airport. The 1MW first phase of the photovoltaic (PV) array, which offsets about a fifth of the terminal complex’s total power needs, is now operational and a dedication ceremony will be held at 11 am Mountain Time, December 20.

The project converts the abundant sunshine in “The Old Pueblo” into renewable energy powering the airport’s main terminal. It’s part of the airport’s ongoing environmental efforts, utilizing $5.7 million in funding awarded by the Federal Aviation Administration and $280,000 contributed by the Arizona Department of Transportation to offset a federal grant matching requirement.

Collaboration with Natural Power & Energy helped ensure that the system was properly sized for the airport’s power output and glare avoidance requirements. By working closely with Tucson-based contractor Barker-Morrissey Contracting, the Design-Build team was able to meet the tight installation deadlines of the 5-acre first phase with time to spare.

“Airports are an ideal location for solar canopies because of the large amounts of space they can cover, additionally serving as desired shade to cars parked for hours or even days,” said Steve Hill, president, Kyocera Solar Inc. “We are glad to have completed this first phase before the busy travel season; it’s a nice holiday bonus to know that part of the electricity usage in the main terminal is being offset by the parking lot’s large solar array. Kyocera Solar is proud to power this important project in our home state.”

The solar canopy structure is a 20-foot tall curved, open-lattice design comprised exclusively of efficient, durable Kyocera modules that create shade for parking spaces. Vegetated “green walls” are also planned, which will use live plants to create a cooling microclimate effect in the parking area. There is no additional charge for the parking spaces under the solar canopy.

This project’s federal grant is part of a program that provides funding for airport projects that promote energy efficiency under the FAA Modernization and Reform Act of 2012.

“Kyocera’s responsibilities with every project are to assist throughout the lifecycle of that installation,” Hill stated. “Our technical expertise in addition to our 38 years of high quality module production experience adds value and can help reduce project costs. Kyocera’s success depends on our customer’s success.”

Construction on the main public parking lot began in May 2013, kicking off a three-phase installation expected to be completed in 2-3 years. Work has already begun on phase 2 in the remaining 7 acres of the parking area.

Tucson joins Chicago’s Midway as another major airport going green with Kyocera. Midway’s Quick Turn Around rental car washing and refueling facility was outfitted with Kyocera photovoltaic solar modules in October 2013.

To learn more about Kyocera Solar Solutions for both residential and commercial projects, please contact infosolar@kyocera.com or 800-223-9580.

Categories : Companies,News,Solar Energy Tags : , , , , ,

NRG Energy Readies Disaster Relief Vehicle for Nationwide Service

Posted by 25 June, 2013 (0) Comment

As hurricane season begins, the employees of NRG Energy (NYSE: NRG) are preparing to help affected coastal areas by championing a new concept called “Power2Serve” – anchored by a 42-foot disaster relief vehicle and 26-foot trailer combination designed to deliver immediate power, emergency shelter, access to news and information and Wi-Fi internet connectivity to those in need. The vehicle was unveiled today to crisis management officials in the home city of NRG retail subsidiary, Reliant.

NRG purchased the commercial grade vehicle from a stock car racer and, drawing on expertise from across the company, modified it to suit its new mission. At the same time, approximately 400 NRG employees from across the country signed up to staff the vehicle as Community Emergency Response Team (CERT) and “ServeCrew” community volunteers. CERT members receive training in search and rescue operations, medical response, disaster psychology, shelter operations, and basic fire suppression. ServeCrew members are qualified to set up power charging stations, assist residents in filling out necessary forms and applications, and provide IT support.

“The Power2Serve vehicle is a way for NRG to be more involved in our communities as part of future disaster relief efforts – harnessing our collective skills and knowledge in a creative, hands?on way to respond quickly to help affected people,” said Fran Sullivan, senior vice president of plant operations. “It’s an opportunity for us to bring electricity to impacted residents in times of urgent need, to do whatever we can to make their lives a little better.”

The Power2Serve vehicle and trailer, along with three smaller, complementary vehicles providing additional services as needed, will be dispatched in coordination with local, state, and federal disaster relief authorities. The large unit has sleeping accomodations for seven volunteers and is completely self-sufficient, powered by a 10 kilowatt solar array, a 20 kilowatt diesel generator and a 10 kilowatt auxillary diesel generator.

Additional features include:
– An enclosed 50 x 20 foot pavilion to provide cooled or heated temporary shelter for residents
– Numerous flat panel TVs to show news or weather broadcasts
– 100 charging stations for cell phones, cameras, small tools and power equipment
– Wi-Fi and satellite service, and tablet computers to access email and the internet

The Power2Serve initiative is just one example of NRG’s commitment to improving the quality of life in local communities through employee-led volunteerism, donations, and corporate grant matching. Earlier this year, employees across the company raised $428,000 for Superstorm Sandy relief efforts. And last year, NRG contributed $5.4 million and 17,000 volunteer hours to benefit over 700 charitable organizations.

About NRG

NRG is at the forefront of changing how people think about and use energy. We deliver cleaner and smarter energy choices for our customers, backed by the nation’s largest independent power generation portfolio of fossil fuel, nuclear, solar and wind facilities. A Fortune 500 company, NRG is challenging the U.S. energy industry by becoming one of the largest developers of solar power, building the first privately-funded electric vehicle charging infrastructure, and providing customers with the most advanced smart energy solutions to better manage their energy use. In addition to 47,000 megawatts of generation capacity, enough to supply nearly 40 million homes, our retail electricity providers – Reliant, Green Mountain Energy and Energy Plus – serve more than two million customers. More information is available at www.nrgenergy.com. Connect with NRG Energy on Facebook and follow us on Twitter @nrgenergy.

Categories : Companies,Solar Energy,video Tags :

What Makes Solar Energy a Good Investment?

Posted by 10 June, 2013 (0) Comment

This article is part of a Mosaic series on investments that create positive social, environmental, and financial returns. Read more about what makes a truly good investment.

Five years after the Great Recession, most Americans have yet to regain their faith in our country’s largest financial institutions. The Dow is up, but the latest Financial Trust Index shows that 58% of Americans expect the stock market to drop 30% or more this year. Meanwhile, a recent Harris Poll noted that only seven percent of the public trusts the leaders of Wall Street.

Strangely, the same poll which found that most Americans think stock prices will decline also found that 92% of Americans plan to hold or increase their investments in the stock market.

What’s going on here?

Why do we put our money in institutions that we don’t trust and investments that we think are going to decline in value?

The problem comes down to a lack of quality investment options. It’s hard to access a mix of investments that will provide reliable returns over the long run. Add in criteria about not investing in harmful or risky industries and the task of finding a good investment can start to look impossible.

Fortunately, solar energy is a good investment for Americans, particularly when paired with new kinds of investment marketplaces like Mosaic. Here is how we think about our investment product:

Financial Returns

Big banks are good at financing big projects. But for smaller projects, like commercial scale solar energy, big banks lend at exorbitant interest rates, if they lend at all. This fact makes it possible for Mosaic to make solar energy loans with interest rates that are lower than those charged by banks, but still high enough to provide competitive returns for investors.

To date, over 1,500 investors have used the Mosaic platform to provide more than $2.1 million in financing to projects in California, New Jersey, and Arizona. The expected annual returns on our most recent loans has been between 4.5% and 6.38%. With 10 year Treasuries at near historic lows (1.90%), CDs at 0.5% APY, bonds averaging 5.20% from 2003-2012 and stocks in the S&P 500 averaging 4.95% annualized returns from 2003-2012, Mosaic’s expected yields are competitive with the best investment products on the market.

Financial Risks

Like all investments, solar energy investments through Mosaic do not come without risks. Transparency is a core value, so we post the prospectus of each project on our website and encourage investors to read the prospectuses in order to understand the risks associated with our investments. Specifically, the broad categories of risk facing solar projects include credit risk (a borrower defaults), technology risk (solar panels fail), weather risk (a storm destroys solar panels), or operational risk (Mosaic goes out of business).

In the case of credit risk, Mosaic offers debt, rather than equity, financing for solar projects. if a project encounters a problem, our investors recoup their money first. We also employ rigorous underwriting procedures, which involve not only Mosaic’s project finance team, but also third party lawyers, engineers, and insurance experts to review every project. Finally, looking to the future, we recently helped found a solar industry consortium called truSolar, which aims to standardize the risk evaluation process for solar projects. Founding members of the group include 16 leading businesses and research groups, from DuPont and Standard and Poors to the Rocky Mountain Institute. By working with other thought leaders to establish best practices for risk evaluation, we aim to drive down financing costs across the solar industry.

In the case of technology risk, solar equipment is itself very reliable, to the point that manufacturers typically offer 25-year warranties for solar panels and solar inverters. Insurance for events like fires or hurricanes adds another layer of protection against weather risks.

Finally, in the event that Mosaic goes out business, we have entered into a backup servicing and successor agreement with Portfolio Financial Servicing Co. (www.pfsc.com) that would ensure the servicing of all issued loans. PFSC is one of the largest third party lease, loan and structured settlement servicers in the U.S., with $11 billion under management.

Where Does Distributed Solar Fit in a Balanced Portfolio?

For most investors, financial risk and return information doesn’t mean much outside the context of a broader portfolio. Most individuals and institutions invest in a portfolio of assets. We might invest in the stock market and in municipal bonds. Maybe we invest in ourselves, via payments for education, or in our homes, via expenditures on energy efficiency. So where do Mosaic’s investment products fit into this mix?

Our investment products function much like a bond. Debt generally lacks the significant upside potential of a stock (investors won’t earn more than the projected annual interest rate), but has less downside risk as well. Investors are repaid their loans, with interest, on a monthly basis. Investors could look at a Mosaic product to fulfill the same role in a portfolio as Treasuries or other kinds of fixed income investments.

More broadly, we see our products offering a hedge against two types of market risk.

First, because our investments are in tangible, localized assets, they are “uncorrelated” and offer a hedge against dramatic shifts in global markets. If you’re heavily invested in major corporations or commodities, investing in community-based assets could make good sense.

Second, our investments hedge against the increasingly systemic risks facing fossil fuels. Energy is the world’s largest industry, and so it should come as no surprise that energy investments make up a large chunk of the portfolios of institutional and individual investors alike. Global energy markets have experienced major swings for fossil fuel prices in recent years — oil, for instance, running up two historic price peaks with a crash in between, or gas plummeting in cost, and now rapidly rising — and it’s only going to get worse. In particular, we think it’s important for investors to understand that fossil fuel companies are betting against action on climate change. HSBC recently warned that the top 200 fossil fuel companies could see a 40-60% decline in their equity value if governments take action to curb climate change. Mosaic investments represent a way to start moving away from fossil fuels before the bubble bursts.

Compounded Good

If you invest in an index or mutual fund, or keep your savings in an account with a national bank, there’s a strong chance you are financing the operations of some of the world’s largest fossil fuel companies. As a father, I see this as illogical. What’s the point of making an investment that will pay for my childrens’ future if it also harms the world they inherit?

Mosaic investments run in the opposite direction. Our investors have so far financed enough solar energy to power 95 typical American homes every year. They’re creating societal gain, without compromising their personal gain.

But let’s break that down a bit further. The magic of investment is that it compounds. So what kind of compounded good could we create?

Well, our first fifteen hundred investors have put in $2.3 million. Assuming they all reinvested their money in new solar projects, and assuming they earn a rate of 4.5%, in ten years they would have a little over $3.6 million invested in solar energy. In twenty years, they’d be approaching $5.6 million invested, enough to power perhaps 600 American homes every year.

At Mosaic we believe the fastest way to create a 100% clean energy economy is to let everyone benefit from it. That’s why we work every day to create a rock solid, accessible clean energy investment.

Categories : Companies,News Tags : ,

AMECO Announces Solar 101 Community Workshop

Posted by 15 April, 2013 (0) Comment

Solar 101 Community Workshop, AMECO Solar, Long Beach

AMECO Solar announced a free Solar 101 Community Workshop on Wednesday, May 1 from 6:30 to 7:30 pm in Long Beach, CA.

Organized by AMECO, the workshop will teach you how to use the sun’s power to benefit your home or business.  Our team of experts will go over the basics of solar energy in addition to other topics including: how much money you can save with solar, how to finance a solar installation and how to choose the best solar system and solar installer.  Attendees will be given the chance to ask questions at the end of the workshop.

Patrick Redgate, our President & CEO commented, “After thirty nine years in the solar business, we have accumulated a lot of knowledge about solar. We want to pass this information on to the community and hope that our session will inspire more people to consider solar, making their homes and business more sustainable.”

There are a limited amount of spaces available so register today to lock in your spot at the Solar 101 Community Workshop.  Fill out a brief form on our Solar 101 Registration page or call us at (562) 633-4400. We hope to see you there!

Categories : Companies,News Tags : , ,