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Industrial Solar Water Heaters have become an important part of the Industries as the Government Eco-system Compliance Policies are Implemented

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Industrial Solar Water Heaters have become an important part of the Industries as the Government Eco-system Compliance Policies are Implemented

The global industrial solar water heaters market is likely to accumulate a market value of US$ 791.8 Million in 2022 and is expected to accumulate a market value of US$ 1,138.9 Million by registering a CAGR of 3.7% in the forecast period 2022 to 2032.

The growth of the industrial solar water heaters market can be attributed to the increasing demand for the same from end-user industries and commercial sectors. The market for industrial solar water heaters registered a CAGR of 3.1% in the historical period 2016 to 2021.

Industrial solar water heaters have become an important part of the industries as the government eco-system compliance policies are implemented. Industry owners adopt these solar water heaters systems to limit commercial emissions.

The commercial solar water heating system holds high performance and low cost, making it the first choice for small and mid-range industries.

Hospitals, hotels, hostels, and commercial spaces have also adopted solar-based energy systems. These systems all together help in cleaning the environment.

The trend of applying new elements in solar water heaters, such as inbuilt electric power back-up, aluminum reflectors, and glass wool insulation.

Governments around the world have started providing subsidies and tax cuts for industries that adopt solar energy alternatives, such as industrial solar water heaters.

Regional Landscape

Europe holds the highest market share of 24% due to the higher industrialization and urbanization, while dynamic weather pushes people to adopt new alternative fuel technologies.

Countries like India, China, and other Asian countries have started implementing alternative energy resources in different sectors. An international solar alliance led by India has signed treaties among the 75 signatory countries across the globe to reduce emission levels while promoting higher adoption of solar technology, including industrial solar water heaters. Hence, Asia Pacific is likely to hold a 21% market share of the industrial solar water heaters market.

Another factor that fuels the sales of industrial solar water heaters is the rising construction industry.

Developed countries like the US and Canada also have seen an increase in the adoption of solar technology. New companies launching solar technology that integrates with the existing systems have also helped the infrastructure. Hence, witnessing a growth of 18% market share.

The Paris Declaration & ISA

The Paris Declaration has established the International Solar Alliance (ISA) states that the countries share the collective approach to undertake innovative and concerted efforts to reduce the cost of finance and technology for the deployment of solar generation assets. This is expected to push the sales of solar products such as water heaters.

Industrial solar water heaters are heating equipment powered by solar cells which in turn is used for applications such as heating of water, space heating, and industrial process such as obtaining hot water, or preheating steam before it enters the industrial boilers. The primary source of energy is solar energy which can be utilized for various industrial applications.

Industrial solar water heaters are increasingly finding applications in commercial uses for hospitals, laundries, schools, breweries, and process heat in various end-use industries such as automotive, petrochemical, construction, etc.

Solar water heaters for industrial applications are more complex and operate at a higher efficiency as compared to residential applications. These systems require comprehensive design and to be installed for optimal performance.

Important factors such as the flow rates, hydraulic configuration, control system, and collector arrangement are considered accurate for the design and installation of industrial solar water heaters. The market for the industrial water heater is estimated to grow with a positive impact as there is no requirement for fuel for the production of energy.

Which are Some Prominent Drivers of Industrial Solar Water Heaters Market?

Currently, manufacturers of industrial solar water heaters have been focusing aggressively on innovative product developments to develop and launch new industrial solar water heaters that are strong and provide proper output heat with a minimum amount of energy from the sun.

It should be noted that the demand for new heating applications in various end-use industries such as automotive, petrochemical, construction, paints & coating, etc. is one the prominent driving factor for the global market. This increase in demand for heating with solar applications will, in turn, fuel the global demand for Industrial Solar Water Heaters in the future.

In developed economies, industries are looking for solar heating equipment equipped with advanced diagnosis and automation. Through research, development, and innovations in advanced automation systems, manufacturers have significantly improved their reaction time for such custom requirements from various consumers. This trend is anticipated to boost the global market and create vast opportunities over the forecast period.

Prominent market players in the global market are trying to develop industrial solar water heaters which can produce more amount heat with less consumption of solar energy i.e. even in dull climates the solar plates are designed in such a way as to absorb the maximum amount of heat from the sun.

The advancement in material science technologies in the manufacturing industries has enabled them to use newly invented materials such as silicon, polycrystalline thin films, copper indium diselenide, cadmium telluride, and gallium arsenide.

What are the Challenges Faced by the Industrial Solar Water Heaters Market?

However, the relatively higher price of advanced industrial solar water heaters is proving to be a deterrent for smaller, low-budget small-scale industries and firms. This particular factor is seen to be hampering the growth rate of the global industrial solar water heaters market.

One of the socio-economic factors for the growth of the global industrial solar water heaters market is the rising cost of natural resources such as natural gas, petrol, diesel, coal, etc., which has also a larger impact on the global market.

Also, an increasing pollution level due to the use of conventional fuel is being witnessed across multiple countries which have translated into various regulatory bodies of different countries. For instance, the pollution control boards across various regions have made it mandatory for manufacturers to ensure the installation of eco-friendly products such as industrial solar water heaters and the use of good quality fuel.

Usability of Industrial Solar Water Heaters Propelling Growth of Market in North America?

North America possesses luxurious lifestyles, high disposable incomes with a high standard of living, this has led to the growth of industrial solar water heaters in the respective regions. The main applications of industrial solar water heaters as bulk fillers in all the end-user industries are expected to act as catalysts for the growth of the overall Industrial solar water heaters market over the forecast period.

As industrial solar water heaters are small in size and have great compressive strength, they are used as a structural lightweight filler, thus industrial solar water heaters market is expected to see rapid growth in North America in the future. Thus, owing to the aforementioned reasons, North America is expected to possess an 18% market share for the industrial solar water heaters market in 2022.

Market Competition

Key players in the industrial solar water heaters market are ATR SOLAR, SunEarth, Racold, Heliodyne, Inc., Alternate Energy Technologies, LLC, Excel Innovations Private Limited, Apricus Solar Co. Ltd, Chandrlok International, SunMaxx Solar, Greentek India Pvt. Ltd, SUNPEAK USA Inc., and American Water Heaters.

In January 2022, SunEarth partnered with Nyle Water Heating System to launch a scalable water series for the commercial sector. Leveraging solar water heating and heat pump efficiencies allow SunEarth’s scalable Solar Series Heat Pump Water Heater to provide up to a 90% reduction in system operation cost over historical water heating solutions.

In November 2020, Indian company Racold introduced the #DontBeAHeaterHitesh digital marketing campaign for promoting its Omnis product range. The campaign was conceptualized by WATConsultant. It consists of two films promoting the Omnis Lux Plus and Omnis Wi-FI water heaters. The former is endowed with a unique Silver Ion Technology which prevents bacteria proliferation, while the latter comprises an intelligent ‘Smart Bath Logic’ function for customizing bathing requirements

solar panel

The Population Growth in Developing Nations has had a Direct Impact on the Production of Solar Panel

According to Future Market Insights’ most recent market study, the Solar Panel market will be valued at US$ 165.47 Billion by 2023. The Solar Panel market value is expected to reach US$ 355.24 Billion by 2033, with a steady growth rate of 8.86%.

According to FMI data, the worldwide solar power market grew by 16.1% between 2019 and 2021. In recent years, the population growth in developing nations has had a direct impact on the production of electricity. With more people trying to reduce carbon emissions, electricity from renewable sources is seen as the best alternative to oil and coal. It is also growing at a rate that is sustainable, at 8.84%.

Solar energy uses either thermal energy (heat) or photovoltaic cells in solar panels and photovoltaic glass to generate electricity. Currently, the total amount of solar energy incidents on Earth is enormous and sufficient to meet all energy needs. If adequately tapped, this highly dispersed source has the potential to supply all future energy demands. For every kilowatt-hour produced, solar energy has a 20-times lesser environmental impact.

The environmental norms to reduce the usage of fossil fuels and carbon emissions from their combustion have increased the demand for renewable energy and its source materials. This characteristic is projected to propel market growth throughout the decade.

Historical (2018 to 2022) v/s Forecast (2023 to 2033) Market Outlook for Solar Panel Market

The worldwide solar photovoltaic (PV) market is segmented by region as follows: North America, Europe, Asia Pacific, the Middle East, Africa, and Latin America. The majority of the international market was located in Asia and the Pacific. In 2021, the area will see an increase of more than 81 GW in solar capacity. High solar irradiation and low component production costs are the major factors propelling the market. Market expansion will be driven by increased power consumption and some countries’ ambitious goals to reduce carbon emissions. China and India are two such countries. By 2021, China will have put in place solar energy plants with a combined capacity of more than 51 GW. In 2025, the country will have the most solar power capacity of any in the world. Europe has the second-largest solar capacity in the world, measured by the number of solar PV installations. In 2021, the European Union will have more than 21 GW of solar photovoltaic installations. The construction of large-scale solar farms is flourishing in this area.

These factors are mostly responsible for the growth of the European market. The European Union’s (EU) Renewable Energy Directive laid out the organization’s plan for increasing the use of renewable energy and generating its own supply. This mandate established targets for including 20.5% renewable energy in the overall energy mix. The growth of the market in this area will be sped up by the presence of such factors. Europe, Asia, and North America are experiencing rapid growth in the solar industry. Solar photovoltaic capacity is growing in North America. By 2021, off-grid solar installations in the area and Central America will have a combined capacity of more than 100 MW.

Market Dynamics

Demand dynamics of Solar panels to flourish technological efficiency of energy generation.

With the help of efficient technology like thin film and polycrystalline panel innovation, the efficiency of solar panels has increased both during the sunshine day and during the rainy season, allowing energy to be generated year-round for the first time. This has increased the demand for solar acceptance in residential areas. You can easily maintain your solar systems functioning effectively with low expense by completing periodic maintenance and keeping checks on them.

Thriving Demand for the industrial segment to expand the market for Solar Panel

Solar panels can be installed on rooftops to collect solar energy or utilised to generate captive electricity for use in the industrial manufacturing supply chain. The cost of electricity seems to increase perpetually. Electrical costs average 14% of a warehouse’s entire budget. Rooftop solar panels have lower tariff rates than commercial and industrial ones by 18% and 26%, respectively. If any company requires a great deal of electricity to run things like machinery and indoor and outdoor lighting, they need to look into renewable energy options like solar to keep expenses down.

High Initial setup expenditures along with Income Gaps and delays in government subsidy support are Constraints on the Growth

Building operational costs will be cheaper in the short and long term as a result of having solar panels put on the roof. There are two types of partnerships that may be used to put solar panels on a roof: a capital expenditure arrangement and a power purchase agreement. The consumer invests in the solar system, and the energy it generates may be utilised to power the business on a regular basis. After then, people can sell their extra power to the government. In this calculation, there is a need for an initial investment that is huge to see as an electric charge in a short time span. For a setup of a 4KW power supply, there is a need to invest 4300$ on average in East Asia and South Pacific region.

What Is the Growth Outlook of the Solar Panel Market in the USA?

In 2022, the solar photovoltaic (PV) market in the United States was estimated to be worth 11.25$ billion. Carbon emissions from traditional fuels used in transportation and electricity generation have increased, prompting environmentalists to demand that the country switches to cleaner, more efficient alternatives. The region’s economy is predicted to expand because of the rising demand for sustainable energy and favourable government regulations, subsidies, and tax breaks for installing solar PV systems. Residential and commercial sectors have been strengthened in the current time period.

Competitive Landscape

New studies from the United Nations Environment Programme (UNEP) indicate that this is the largest ever. Most of the decrease in worldwide renewable energy funding may be attributed to slower investment in such sources in Japan and China, but other smaller markets also played a role. Investment from developing nations fell by 28% overall, while investment from industrialised nations fell by 15%. As a result, renewable energy becomes increasingly cost-competitive with grid electricity without the need for subsidies. In 2017, renewable energy won major energy auctions throughout the world at pricing unimaginable a decade earlier. Unsubsidized bids in Dubai reached 2.98 cents per kilowatt hour, which was lower than those for fossil fuels. Solarpack, a company in Chile, submitted a record-low bid of 2.8 cents per kilowatt-hour in 2016, which was about half the price of the most competitive bid for coal.

For Instance,

In 2022, the Top five sellers of Solar Panel Worldwide Sunrun, Inc., Pekat Group Bhd., Insolation Energy Ltd., Stilo Energy SA, Erato Energy SA and Enerside Energy SA.

solar panel commerce

Commerce Finds Solar Cells and Modules from Cambodia, Malaysia, Thailand, and Vietnam Circumventing AD/CVD Orders

On December 2, 2022, the Department of Commerce (“Commerce”) announced its preliminary circumvention determination with respect to certain solar cells and modules exported from Cambodia, Malaysia, Thailand, and Vietnam.  Commerce found that imports of solar cells from all four countries circumvented the antidumping (“AD”) and countervailing (“CVD”) orders on solar cells and modules from the People’s Republic of China (China).  Commerce conducted an eight-month investigation following allegations by the domestic solar industry claiming that solar cell producers, which manufacture solar cells and modules in China, were sending the fabricated cells and modules to one of the four named countries to undergo only minor processing prior to export to the U.S. in an attempt to evade AD/CVD orders.  U.S. imports of solar cells and modules from China have been subject to AD/CVD orders since 2012. See 77 Fed. Reg. 73017-73018 (Dec. 7, 2012).

Commerce individually examined eight exporters, however, the preliminary determination applies on a country-wide basis to all solar cells and modules produced in and exported from Cambodia, Malaysia, Thailand, and Vietnam to the U.S., except for the four companies that Commerce determined were not circumventing the Chinese order.  Commerce also has allowed comments on the instituting of a certification process that exporters can submit to demonstrate and certify that they are not circumventing the AD/CVD orders and avoid paying the AD/CVD imposed by this determination. The four companies specifically exempted from the preliminary determination are New East Solar in Cambodia, Hanwha Q Cells and Jinko Solar in Malaysia, and Boviet Solar Technology in Vietnam, provided their production process and supply chain remain unchanged.

We expect that the certification requirements will go into effect towards the end of the first week of December, such that any imports starting with the date of publication of the preliminary anticircumvention determination would require a certification to be presented at the time of entry.  Should an exporter wish to continue to export from one of these countries, the certification requirements will be stringent and exporters should work with their importers on these issues.   Solar cells and modules would not be subject to AD/CVD duties if an exporter can certify that the input cells are not made from Chinese wafers, or if the modules are either not made from Chinese wafers or not using certain other Chinese components. However, despite the general availability of importer/exporter certifications permitted to exempt entries from AD/CVD, Commerce preliminarily found twenty-two (22) individual companies in Malaysia, Thailand, and Vietnam are ineligible for certification due to their failure to cooperate with the inquiry. Any companies wishing to have their certification ineligibility re-evaluated may request an administrative review “during the next anniversary month of these Orders (i.e., December 2022 for the Solar Cells AD Order and December 2023 for the Solar Cells CVD Order).”

As this is a preliminary determination, Commerce will next conduct in-person verifications over the ensuing months to verify the information in its initial findings. In addition, all parties will be able to comment on Commerce’s finding before Commerce issues its final determination on May 1, 2023.

We expect that many importers and consumers of solar panels now will need to assess their risks while signing contracts, with CVD and antidumping duties potentially being applied to exporters that may affect projects being planned for 2024 and beyond.

Notwithstanding Commerce’s final determination, the Presidential Proclamation issued on June 6, 2022, provides that Customs and Border Protection (CBP) will not collect duties on any solar module and cell imports from these four countries until June 2024, unless parties cannot certify that the imports will not be consumed in the U.S. market within six months of the entry date. Domestic solar importers should utilize this time to make any necessary supply chain adjustments and to ensure they are not sourcing from companies found to be circumventing these duties.

Commerce’s full preliminary determination can be found here.

Nithya Nagarajan is a Washington-based partner with the law firm Husch Blackwell LLP. She practices in the International Trade & Supply Chain group of the firm’s Technology, Manufacturing & Transportation industry team.

Jeffrey Neeley is a Washington-based partner with the law firm Husch Blackwell. He leads the firm’s International Trade Remedies team.

Eric Dama is an attorney in Husch Blackwell’s Dallas office.

Hutchison

Hutchison Ports BEST Installs Solar Panels

Hutchison Ports BEST terminal has installed 1,832 solar panels on almost half a hectare of its buildings.

This is an auto-supply installation capable of generating 1.18 Gigawatts/hour of electricity, equivalent to the annual electricity consumption of about 200 homes.

The installed power is almost 1 Megawatt/hour (833.56 Kilowatt hours).

Solar Profit will oversee the installation process.

READ: Hutchison Ports, TIL to develop 7 million TEU mega-terminal at Rotterdam

“These efforts contribute to further reducing the terminal’s carbon footprint, with BEST’s emissions being 65 per cent lower than conventional manual terminals,” said Estefanía Soler, Head of Sustainability at BEST.

BEST is one of the most sustainable terminals in the Mediterranean, with an operation model based on semi-automation and the use of mostly electric cranes.

The terminal is working with the Barcelona Port Authority to electrify its quay and allow ships to connect to electricity.

This solar panel initiative is part of BEST’s sustainability strategy and reinforces its commitment to the United Nations Sustainable Development Goal 7 of the 2030 Agenda on “Affordable and Clean Energy”.

BEST was inaugurated 10 years ago and is a benchmark in terms of sustainability within the terminals of the Hutchison Ports group, which operates 52 terminals in 26 countries.

In September, Hutchison Ports inaugurated the Port of Jazan City for Primary and Downstream Industries (JCPDI) in cooperation with Prince Mohammed bin Nasser bin Abdulaziz, the Governor of Jazan Region.

The total existing investments at JCPDI sum to about SAR88 billion ($23 billion), although the city still under construction.

graduate carport ASCM x

Largest Solar Carport in the World Opened at Lowlands Festival Site

Solar Carport Biddinghuizen was festively opened in the presence of influential decision-makers within the sustainability sector of the Netherlands. The 35-hectare Solar Carport was realized at the Lowlands Festival car park and is the largest solar carport in the world.

Largest sustainable car park

The surface of the sustainable parking area covers 35 hectares and offers space for 15.000 cars. With the help of 90,000 solar panels, the system provides a capacity of 35 MWp, which can supply approximately 10,000 households with green energy. This output is equivalent to the power consumption of about 100 Lowlands Festival weekends annually. The Solar Carport will be a fixture at this location.

The annual Lowlands Festival takes place at a fixed location in Biddinghuizen. The organization has been working for years to make the festival more sustainable. Energy consumption remains a challenge here. Approximately 300,000 kWh of electricity is consumed per Lowlands edition. Generators currently generate almost all electricity. With the construction of the Solar Carport, the festival is taking an enormous step towards sustainability.

Official opening Solar Carport

Paul van Liempt moderated substantive discussions with leading figures within the energy transition at the opening, including Marjan Minnesma and Tim Verbruggen. Among the important topics discussed were the need for electrical-grid flexibility and the laws and regulations regarding sustainable solutions.

An area fund has been made available from the proceeds of Solar Carport Biddinghuizen for the local environment. Ton van Amerongen, an alderman of the municipality of Dronten, symbolically handed over a first check for €10,000 to energy cooperative BEN.

This ceremony was followed by comedian Dolf Jansen, a fervent environmental activist himself, who festively opened the solar park with a message of hope.

Festive opening

Afterwards, visitors had the opportunity to network on the site, which had been revamped as a mini-festival site for the occasion. From a temporary lookout tower, interested parties could see the magnificence of the world’s largest solar carport with their own eyes.

Solarfields

Solarfields is a producer of sustainable energy and realizes solar energy systems. The company is the market leader in large-scale ground-based solar parks. Solarfields develops solar projects at various locations, such as land, roofs, former landfill sites and car parks – intending to make the Netherlands more sustainable and supply clean energy to 1 million households by 2030.

 

solar energy

States Producing the Most Solar Energy

In the first few months of his administration, one of President Joe Biden’s top policy priorities has been addressing the threat of climate change—while also improving infrastructure and creating jobs to generate economic growth. Biden has stated a goal of reaching 100% pollution-free electricity by 2035, which means dramatically scaling up renewable energy production in the U.S. To that end, Biden’s proposed American Jobs Plan would include extensive tax credits, grants, and other investments in clean energy.

One of the potential beneficiaries of this focus is the solar power industry, which is seeing rapid growth as the costs associated with solar decline. For many years, solar power was too expensive to be adopted at scale as a major source of energy production, but this has changed in recent years.

One of the biggest reasons for the decline in costs has been technological innovation. Solar technology has become more reliable and more efficient over time, which lowers the cost of generating energy. As those costs decrease, adoption becomes more common, which allows solar cell manufacturers to achieve economies of scale and lower prices even further.

Government support has also been a major factor: billions in federal investment for renewables during the Great Recession helped spur the technological advances seen in the last decade, and the federal government—along with many states and localities—has long offered tax breaks and other incentives to subsidize household solar adoption.

These factors reached an inflection point in the mid-2000s, and solar production in the U.S. has been growing exponentially ever since. In 2006, solar generated around 507,000 megawatt-hours of energy and represented .01% of U.S. energy generated by the electric power industry. By 2019, solar thermal and photovoltaic accounted for 71,936,822 megawatt-hours—around 140 times more than in 2006—to represent 1.74% of the total.

Solar is still a relatively small part of the U.S.’s overall energy mix but will become an increasingly significant source as solar production continues to accelerate—particularly if the Biden Administration’s climate policies and clean energy investments come to pass. For now, however, renewables overall (17.7% of total electricity generation) still lag behind natural gas (38.4%), coal (23.4%), and nuclear (19.6%). Within the renewable category, solar (9.9% of renewable production) trails wind (40.6%) and hydroelectric (39.5%).

Despite its small but growing role in overall U.S. energy production, solar is a major part of the energy mix in a number of states. The undisputed leader of these states is California, which leads all others both by total solar energy production and the share of electricity derived from solar. California’s total solar energy production is nearly four times that of the runner-up state, North Carolina. Many of the market factors that have made solar more popular nationwide hold in California, too, but the Golden State also has geographic features and a political climate that have made it a solar leader.

In terms of geography, California is one of the U.S. states with the highest levels of insolation, or exposure to the sun. Insolation is a factor for many other leading states for solar production, including Sun Belt locations like Texas, Southwestern states Nevada and Arizona, and Southeastern states North Carolina, Georgia, and Florida. Politically, California’s policymakers have created an environment that all but guarantees heavy reliance on solar energy. For instance, California has one of the most ambitious renewable portfolio standards of any U.S. state, with a goal of generating 60% of energy from renewables by 2030 and 100% of energy from renewables by 2045. Additionally, in 2020, the state began requiring most new homes to include rooftop solar panels.

To find the states where solar production is highest, researchers at Commodity.com used data from the U.S. Energy Information Administration’s Electricity Power Data. States were ranked by annual solar production for electric power (in megawatt-hours) for 2019. The researchers also calculated the year-over-year change in total solar energy production from 2018–2019, as well as what percentage of total energy production and renewable energy production solar accounts for.

Here are the states producing the most solar energy.

State

 

Rank

 

Annual solar energy production (Megawatt-hours)

 

Change in solar energy production (YoY)

 

Solar share of total energy production

 

Solar share of total renewable energy production

 

California    1    28,331,513 +5.0% 14.0% 29.1%
North Carolina    2    7,451,338 +21.9% 5.7% 44.6%
Arizona    3    5,278,019 +2.7% 4.6% 43.0%
Nevada    4    4,810,511 +1.9% 12.1% 42.4%
Texas    5    4,365,125 +36.2% 0.9% 4.8%
Florida    6    3,901,445 +61.7% 1.6% 45.6%
Utah    7    2,186,424 -1.7% 5.6% 51.3%
Georgia    8    2,160,770 +8.3% 1.7% 18.8%
New Mexico    9    1,365,900 +1.3% 3.9% 16.1%
Minnesota    10    1,248,833 +19.8% 2.1% 8.6%
Colorado    11    1,218,220 +14.7% 2.2% 8.7%
New Jersey    12    1,164,721 +17.6% 1.6% 57.9%
Massachusetts    13    1,163,776 +19.0% 5.4% 34.7%
Virginia    14    949,111 +24.4% 1.0% 15.3%
South Carolina    15    858,546 +68.2% 0.9% 14.3%
United States    –    71,936,822 +12.7% 1.7% 9.9%

 

For more information, a detailed methodology, and complete results, you can find the original report on Commodity.com’s website: https://commodity.com/blog/states-solar-energy/

Ascent Solar Inks UK Distribution Agreement

Thornton, CO – Ascent Solar Technologies Inc. has contracted with Peak Development Ltd. as its preferred distributor to large retailers in the UK for the products manufactured by its EnerPlex Division. .

 

Ascent Solar is a developer and manufacturer of flexible thin-film photovoltaic modules used in a wide variety of consumer products from flashlights to backpacks.

 

“The United Kingdom continues to be a high value target market for EnerPlex, one which bears huge potential for growth, and through our new partnership with Peak Development, we intend to push further into the consumer space to realize this opportunity,” said John Maslanik, EnerPlex’s Manager of Business Development.

 

Peak Development Ltd. is an award-winning specialist distributor of accessories, add-ons and enhancements for today’s digital devices.

 

Since 1993 the company has worked in partnership with customers and suppliers to provide quality products and services for the retail, ‘e-tail’, OEM and industrial sectors.

 

10/02/2015

 

IKEA ‘Powers Up’ Pennsylvania Distribution Center

Conshohocken, PA –IKEA has plugged-in an expansion of the solar array atop its Perryville, Maryland distribution center, the state’s largest such solar energy system.

Installation of the new panels began Fall 2013, and since then have nearly doubled the size of the original project, which already was the state’s largest rooftop array.

The 467,618-square-foot solar addition consists of a 2.2-MW system, built with 7,337 modules, and will produce 2.7 kWh of electricity annually.

Including the existing system, the 1.7 million-square foot distribution center’s total 4.9-MW solar installation of 25,913 panels now generating enough electricity to power 591 homes.

For the development, design and installation of the Perryville distribution center’s original and expanded solar power system, IKEA contracted with Indiana-based Inovateus Solar LLC, a distributor and integrator specializing in large-scale solar installations.

IKEA US has solar arrays atop 90% of its locations, has announced plans to purchase 49 wind turbines in Illinois, and has rolled-out EV charging stations at 13 stores.

In 2014, IKEA achieved its goal of completing solar installations atop nearly 90 percent of its US buildings (39 out of 44 locations), with a generation goal of 38 MW.

The Swedish company owns and operates each of its solar PV energy systems – as opposed to a solar lease or PPA (power purchase agreement) – and globally has allocated $1.8 billion to invest in renewable energy through 2015.

IKEA’s corporate strategy includes the goal of being energy independent by 2020. The company has installed more than 550,000 solar panels on buildings across the world and owns/operates approximately 157 wind turbines in Europe and Canada.

There are currently more than 350 IKEA stores in 44 countries, including 38 in the US.

08/11/2014