SOLAR+STORAGE

Arevon Selects Nextracker to Supply Smart Solar Trackers for 1.5 GW U.S. Utility Solar Portfolio

Arevon | August 31, 2021

Nextracker, the market leader in yield-enhancing PV system technology and solar trackers, today announced that Arevon Energy, Inc., has selected Nextracker for its upcoming 1.5 gigawatt (GW) portfolio of projects in Indiana and Nevada. Nextracker will supply NX Horizon™ smart solar trackers with TrueCapture™ and NX Navigator™ software and control systems for advanced monitoring, control, and asset management.

Indiana will host five of these solar power plants: Elliott (200 megawatt [MW]), Gibson (280 MW), Ratts 1 and Ratts 2 (both 150 MW), and Posey (300 MW). The 250 MW Citadel project will be located outside of Reno, Nevada. The U.S. Secretary of Energy Jennifer M. Granholm and Rep. Susie Lee recently toured the seventh site in the portfolio, the 232 MW Townsite plant in Boulder City, Nevada.

"We're excited to partner with Nextracker and use their state-of-the-art technology in this latest portfolio of solar projects," said Justin Johnson, Arevon's Executive Vice President and Chief Operating Officer. "Nextracker was our first choice to help standardize construction practices across the portfolio and create efficiencies and greater cost savings. We have already seen Nextracker's TrueCapture software boost energy gains by 2.72% at one of the solar projects we service, so we have direct experience with this innovative solution and how it can add value to every project in the portfolio."

"Sophisticated asset managers and project developers like Arevon know the importance of standardizing their utility-scale solar projects with advanced data monitoring and optimization software," said Ryan Booth, Nextracker's Vice President of Utility Sales. "Our partnership with Arevon highlights how the future of solar development will leverage system standardization to improve project value in an increasingly competitive sector."

Both Indiana and Nevada are poised for significant solar growth. Data from the Solar Energy Industries Association (SEIA) projects close to 5 GW of solar will be installed in Indiana over the next five years, ranking the state's pipeline as the sixth largest in the country. SEIA estimates that Nevada, ranked seventh, will install more than 4 GW over the same period. These seven projects totaling more than 1.5 GW will be key to these two states meeting their renewable energy goals. They are all expected to be operational by the end of 2023.

Standardizing tracker and software technology across multiple renewable energy project sites increases the overall efficiency of the portfolio while mitigating risks and reducing the potential for failures. This efficiency boost is accomplished by locking in the system designs and component procurement in advance, which creates seamless and turnkey installation and commissioning. Additionally, Arevon's license of TrueCapture software will boost power production, and NX Navigator's monitoring and control system will actively minimize risk from increasingly prevalent extreme weather.

About Nextracker
Nextracker is a leader in the renewable energy transition. It provides critical, yield-enhancing solar technology, expertise and strategic services to capture the full system value and maximize the efficiency of solar power plants. Delivering the most comprehensive portfolio of intelligent solar tracker and control software solutions for system owners, Nextracker is transforming plant performance with smart technology, data monitoring and analysis services.

About Arevon
Arevon Energy, Inc., is a leading renewable energy company with roots as one of the largest renewable asset managers in the United States. Arevon's financial prowess and industry expertise come together to improve the structure and performance of clean energy assets across North America. Headquartered in Scottsdale, AZ, and New York City, Arevon uses innovative approaches and leading-edge technology to provide commercial, financial, performance asset management, and construction services to nearly 10 GWac of renewable energy assets delivering clean energy to utilities and corporations.

Spotlight

In 130 years, production of electricity increased from zero to over 24,000 terawatt hours. Thomas Edison once said: “We are like tenant farmers chopping down the fence around our house for fuel when we should be using Nature’s inexhaustible sources of energy--sun, wind and tide. I’d put my money on the sun and solar energy. What a source of power! I hope we don’t have to wait until oil and coal run out before we tackle that.”

Spotlight

In 130 years, production of electricity increased from zero to over 24,000 terawatt hours. Thomas Edison once said: “We are like tenant farmers chopping down the fence around our house for fuel when we should be using Nature’s inexhaustible sources of energy--sun, wind and tide. I’d put my money on the sun and solar energy. What a source of power! I hope we don’t have to wait until oil and coal run out before we tackle that.”

Related News

SUSTAINABILITY, ENERGY

Sunnova Expands Energy as a Service Offerings to Commercial Businesses

Sunnova Energy | September 23, 2022

Sunnova Energy International Inc. ("Sunnova") (NYSE: NOVA), a leading U.S. Energy as a Service (EaaS) provider, announced that it is expanding its energy service offerings to the commercial solar market.Leveraging the Company’s extensive experience in residential solar, Sunnova is expanding into the commercial market to serve the commercial, industrial, agricultural, commercial real estate, non-profit, and public sectors to help business customers become more sustainable and resilient while also providing budget certainty in the face of rising utility rates. Entry into the commercial sector is supported by the passing of the Inflation Reduction Act, which is expected to increase deployment of commercial solar projects by 20% over the next five years, according to the SEIA/Wood Mackenzie Power & Renewables U.S. Solar Market Insight report. With the expansion of Sunnova’s energy services into the underserved commercial market, businesses will be able to take control of their energy costs by transitioning to solar, gaining resilient backup power, and tapping into available revenue streams such as selling excess solar energy back to the grid or participating in local grid services. “Electricity usage can be one of the biggest and most unpredictable costs facing businesses, and unexpectedly losing power due to a utility outage can create additional expense and hardship,We see a significant growth opportunity in the commercial solar market that is a natural extension of our market-leading services on the residential side. We look forward to providing businesses with solutions that will reduce their energy costs and provide local energy generation, as well as insights and control. Our systems offer protection against utility power outages with integrated battery storage, and the ability to reduce carbon emissions. We have helped hundreds of thousands of homeowners across the country realize the benefits of solar and now we will be helping companies adapt to an ever-changing energy landscape by transforming into Sunnova Adaptive Businesses™.” -William J. (John) Berger, founder and CEO at Sunnova. With a total addressable market of approximately 145GW that is only 5% penetrated, according to Wood Mackenzie, Sunnova will be leveraging its network of dealers who have wanted to sell commercial solar, or who already do, to facilitate a rapid market entry. We are excited to enter this underserved sector of the market to help businesses manage their energy needs with a differentiated and innovative approach,” said Michael Grasso, EVP, Chief Marketing and Growth Officer at Sunnova. “Sunnova will offer businesses a complete suite of energy technologies, finance options, and services tailored to meet their specific energy needs, business goals, and local utility rate structures. This expansion of our service offerings will allow us to do for business customers what we have done for residential customers—provide a better energy service at a better price through our new adaptive business technology solutions and 25-year service guarantee, the Sunnova Protect® Business plan. Sunnova will also provide flexible financing options for systems starting at 50kW that are catered to the preferences and tax status of each business. About Sunnova Sunnova Energy International Inc. (NYSE: NOVA) is leading U.S. Energy as a Service (EaaS) provider with customers across the U.S. and its territories. Sunnova's goal is to be the source of clean, affordable and reliable energy with a simple mission: to power energy independence so that homeowners have the freedom to live life uninterrupted®. For more information, please visit sunnova.com

Read More

SOLAR+STORAGE,GRID ENVIRONMENT

Renogy's RV & Off-Grid Solar Power Solutions on Full Display at RVDA Expo Las Vegas

Renogy | November 08, 2022

Renogy, a leader in renewable solar energy products, will be exhibiting the REGO Series and Renogy ONE, their newest solar power solutions for mobile and off-grid living, at the RV Dealers Association (RVDA) Convention & Expo at Caesars Palace in Las Vegas. "Solar should not be intimidating, and anyone should be able to make the switch, regardless of their experience, More and more people are realizing the benefits of generating and controlling their own power supply and REGO makes that simple. Whether you're on the go in a van or RV, REGO covers a range of off-grid power needs without wasting hours of installation time." -Yi Li, CEO at Renogy. We're excited that more people will finally be able to experience energy freedom and transition off-grid with such an easy-to-use line of products. Specifically designed for mobile RV applications, the REGO Series is a true plug-and-play power system, where all of the components are made to work together seamlessly, saving users time and stress. REGO Series products make it easier than ever for anyone to add a solar power system to their van, RV or other mobile application, eliminating the hassle of researching multiple components and the complications of a faulty setup. The complete REGO Series is comprised of the following individual components: REGO 12V 60A MPPT Solar Charge Controller REGO 12V 60A DC-DC Battery Charger REGO 400Ah Lithium Iron Phosphate Battery REGO 12V 3000W Inverter Charger Low Frequency REGO 12V 3000W Inverter Charger High Frequency REGO 3 Ports 400A Battery Combiner Box REGO 4 Ports 400A System Combiner Box 10FT 6AWG Anderson Adapter Cable (Anderson Powerpole 75 - Ring Lug) 5FT 6AWG Anderson Adapter Cable (Anderson Powerpole 75 - Ring Lug) 5FT 3/0AWG Anderson Adapter Cable (Anderson SB350 - Ring Lug) 5FT 4/0AWG Anderson Adapter Cable (Anderson SB350 - Ring Lug) NH2 Fuse NH00 Fuse Also available for demo is Renogy ONE, the first comprehensive touchscreen gateway on the market that can monitor and manage energy systems, while also enabling users to configure smart life scenarios via IoT. The entire REGO system can be controlled, optimized and even automated from the Renogy ONE central console, with Bluetooth capability providing users with the ability to control their system from anywhere using the DC Home App. Renogy One works with all Renogy products including solar charge controllers, DCDC Chargers, inverters, battery storage, and Renogy's new flagship REGO series. This means users can monitor and control their system from one easy-to-use panel. In addition, they're also able to collect data and perform diagnostics across their systems with just a few taps. For an up close look at REGO and Renogy One, guests are invited to visit Renogy at Booth #232 from November 7-11. Learn more on the Renogy website. About Renogy Renogy is a leader in solar and sustainable energy with a mission to dramatically accelerate the adoption of clean energy solutions for everyone around the globe. Renogy's all-in-one solutions are easy to choose, install and operate, and the company's solar panels, accessories, portable products, and batteries deliver more power for the best value on the market today. All so that more people can enjoy the benefits of clean, renewable energy at home, off-grid or on the move. Renogy's goal is to help 50 million people achieve energy independence by 2030, freeing them of the burden of harmful emissions, rising energy bills and disruptive power outages

Read More

SOLAR+STORAGE, SUSTAINABILITY

Standard Solar Completes Acquisition of 6.2 Megawatt Rhode Island Community Solar Portfolio from Trina Solar

Standard Solar, Inc., | October 21, 2022

Standard Solar, Inc., a recognized leader in the development, funding, ownership and operation of commercial and community solar assets, is expanding its community solar portfolio in Rhode Island with the acquisition of a combined 6.2 megawatts of projects from Trina Solar.The two ground-mount community solar projects - West Main 1 and West Main 2 - developed by Trina Solar are located in Portsmouth. Rhode Island has some of the highest electricity prices in the country, and they are expected to continue to increase. These new projects will allow subscribers - a mix of state agencies, quasi-state agencies, municipalities, public housing authorities, public schools, private schools, non-profits, federal government and hospitals - in the National Grid service territory to benefit from clean energy savings by offsetting their electricity bills with solar energy. All the power generated will be subscribed utilizing the state’s Virtual Net Metering program. “Partnerships in this industry are critical to delivering successful solar projects, We’re honored to be a trusted development partner of Trina’s, particularly in helping Rhode Island grow its clean energy footprint, and look forward to growing our mutually beneficial relationship as our company launches its next growth phase.” -Michael Streams, Standard Solar’s Chief Development Officer We are very happy to get the chance to collaborate with Standard Solar, one of the fastest growing developers and operators of community solar, said from Linhui Sui, President of Trina Solar International Solar System Business Unit (“Trina ISBU”). We are committed to developing similar systems to expand broader customer access for local, clean, and affordable community solar. These projects will contribute to achieving Rhode Island’s first-in-the-nation goal to meet 100% of the state’s electricity demand with renewable energy by 2030. In addition to accelerating clean energy supply, the projects will generate new long-term investment, savings and job growth opportunities across the economy. Combined, the arrays are expected to produce approximately 8,600 MWh of clean energy annually, which is equivalent to offsetting the CO2 emissions from 4,134,853 pounds of coal burned, charging 454,600,730 smartphones or 727 homes' electricity use for one year. About Standard Solar Standard Solar, a Brookfield Renewable company, is powering the nation’s energy transformation – channeling its project development capabilities, financial strength and technical expertise to deliver the benefits of solar, as well as solar + storage, to businesses, institutions, farms, governments, communities and utilities. Building on 18 years of sustainable growth and in-house and tax equity investment capital, Standard Solar is a national leader in the development, funding and long-term ownership and operation of commercial and community solar assets. Recognized as an established financial partner with immediate, deep resources, the company owns and operates more than 300 megawatts of solar across the United States. Standard Solar is based in Rockville, Md. Learn more at standardsolar.com, LinkedIn and Twitter: @StandardSolar. For project acquisition and development inquiries, contact John Finnerty, Director of Project Development, 240-479-1519, john.finnerty@standardsolar.com and on LinkedIn. About Trina ISBU Trina ISBU, a business unit of Trina Solar, is a utility-scale global solar power and battery storage solutions developer for international market. With more than 15 years’ professional experiences and track records in project development, financing, EPC and O&M, Trina ISBU is committed to be a global leader in the development and management of smart renewable energy solutions, and creating value for local stake holders and international investors. We are active in more than 20 countries and areas, including but not limited to USA, UK, Italy, France, Greece, Spain, Japan, Colombia, Mexico, Chile, Peru, Australia, South Korea, Vietnam, Malaysia, Philippines, Cambodia, Brazil, Poland, Germany, Hungary, Croatia. Contact us: isbu@trinasolar.com

Read More