GAF Energy | January 04, 2022
GAF Energy, a Standard Industries company and a leading provider of solar roofing in North America, announced the launch of Timberline Solar, the only roof system to directly integrate solar technology into traditional roofing processes and materials. This new system incorporates the world's first nailable solar shingle, the Timberline Solar Energy Shingle (ES), which will be assembled domestically at GAF Energy's manufacturing and R&D facility in San Jose, California—creating American jobs and delivering a revolutionary product with the potential to drive a seismic shift in residential clean energy adoption.
Timberline Solar is in a class of its own: reliable, durable, cost-effective, easy to install, and aesthetically superior. The ES boasts an industry-defying depth of less than a quarter inch and integrates with traditional shingles to create a sleek and attractive look.
Over five million new roofs are installed on U.S. homes each year. One out of every four of those roofs come from GAF, the sister company of GAF Energy and the largest roofing and waterproofing company in North America. With access to GAF's national contractor network, GAF Energy is uniquely positioned to bring residential solar to the mass market, transforming more roofs into solar roofs each year.
Solar roofs are the future of clean energy, and Timberline Solar is the game-changing innovation that will get us there. At GAF Energy, we have the capacity to scale this technology like no one else through GAF, bringing an integrated solar product that is weatherproof, affordable, and design-minded to homeowners across the country. We're excited to lead the next generation of clean energy adoption."
Martin DeBono, president of GAF Energy
"Realizing our vision of a breakthrough mass-market solar roof has been our mission since we launched GAF Energy in 2019. What the team has accomplished is nothing short of extraordinary," said David Winter and David Millstone, co-CEOs of Standard Industries. "Through our national roofing network, world-class talent, and aggressive investment in research and development, the Standard family of companies will transform the solar industry."
In September 2021, Timberline Solar achieved UL's 7103 certification, which authorizes GAF Energy to install the system on residential roofs as a roofing product and a solar energy product—the first of its kind to be recognized as both. In addition, GAF Energy worked with Sandia National Laboratories, a U.S. Department of Energy research and development lab, to verify the product's strength, durability, and overall market-readiness.
The Timberline Solar ES has received three awards from CES, including its highest honor, the Best of Innovation award, for "Smart Cities." The product was also named an Innovation Award honoree in both the "Smart Cities" and "Smart Home" categories.
About GAF Energy
GAF Energy is transforming the rooftop solar industry to generate "Energy from every roof". As a Standard Industries company, GAF Energy works in partnership with North America's largest roofing and waterproofing manufacturer, GAF, offering homeowners elegant, roof-integrated solar options. The company also facilitates commercial tax equity financing for large-scale rooftop solar projects.
About Standard Industries
Standard Industries is a privately-held global industrial company operating in over 80 countries with over 20,000 employees. The Standard ecosystem spans a broad array of holdings, technologies and investments—including both public and private companies from early to late-stage—as well as world-class building solutions, performance materials, real estate and next-generation solar technology. Throughout its 140-year history, Standard has leveraged its deep industry expertise and vision to create outsize value across its businesses, which today include operating companies GAF, BMI, Grace, GAF Energy, Siplast, Schiedel and SGI, as well as related businesses Standard Investments and Winter Properties.
Prnewswire | October 05, 2020
The first high-frequency decentralized energy trading platform was successfully piloted at the Port of Rotterdam. Jointly developed by S&P Global Platts and BlockLab, Distro is a new microgrid electricity trading platform that leverages both Artificial Intelligence and Blockchain's distributed ledger technology. Under the ongoing trial that commenced in August 2020, commercial energy consumers in the Port of Rotterdam's iconic innovation dock, where the world's largest submarines once used to slip off the ramp, used the Distro microgrid trading platform to actively trade renewable energy derived from solar and battery storage, matching demand with intermittent power generation. The results of the trial saw:
ReneSola Ltd | October 25, 2021
ReneSola Ltd, a leading fully integrated solar project developer, announced the signing of a strategic partnership agreement with Terra Aurea Gela S.r.l, an Italian, based project developer specialized in the development of renewable energy power plants in Italy, to co-develop ground-mounted solar projects in Italy, with a pipeline of several transactions scheduled for 2022.
As part of the agreement, ReneSola Power and Terra Aurea Gela will develop projects in a broad range of sizes across the country. The two companies expect the collaboration to further strengthen their presence in the Italian market.
"We are excited to work together with Terra Aurea Gela S.r.l. ReneSola Power is committed to accelerating solar development in Europe, and together with Terra Aurea Gela, we expect to bring a range of high-quality projects to the Italian market, driving further growth in the region."
Mr. Josef Kastner, CEO of ReneSola Power European Region
Mr. Yumin Liu, ReneSola Power Chief Executive Officer, added, "The co-development agreement with Terra Aurea Gela aligns with our growth strategy, enabling us to expand our project development activities in Italy. We look forward to pursuing other opportunities to co-develop projects across Europe."
About ReneSola Power
ReneSola Power is a leading global solar project developer and operator. The Company focuses on solar power project development, construction management and project financing services. With local professional teams in more than 10 countries around the world, the business is spread across a number of regions where the solar power project markets are growing rapidly, and can sustain that growth due to improved clarity around government policies. The Company's strategy is to pursue high-margin project development opportunities in these profitable and growing markets; specifically, in the U.S. and Europe, where the Company has a market-leading position in several geographies, including Poland, Hungary, Minnesota and New York.
About MP Sicily Developments S.r.l
Terra Aurea Gela S.r.l is represented by Imbergamo Salvatore who has developed many solar sites in the Italian market over the past 10 years. The company works closely with MP Sicily Development S.r.l, which is co-owned by Imbergamo Salvatore and Manfred Messner. MP Sicily Development deals with the design and construction of electrical systems from renewable sources, mainly photovoltaic and agrivoltaic parks. MP Sicily Developments operates in Sicily with a team of technical experts, designers and installers. At the moment the company is developing solar assets on behalf of a number of international standing companies.