SOLAR+STORAGE,STRATEGY AND BEST PRACTICES
SOLARCYCLE | September 20, 2022
Silicon Ranch Corporation, one of the nation’s largest independent power producers, and SOLARCYCLE, a tech-driven solar recycling platform, announced a partnership to process end-of-life solar modules from Silicon Ranch projects through SOLARCYCLE’s advanced, high-recovery recycling platform. SOLARCYCLE’s cutting-edge approach to module recycling recovers approximately 95% of solar panel value, which can be returned to the supply chain and used to manufacture new panels.With an operating portfolio of more than 145 solar power facilities across 15 states, Silicon Ranch is SOLARCYCLE’s first utility-scale partner. The partnership between the two companies will allow SOLARCYCLE to establish a model for recycling solar materials at the utility scale, the largest segment of the solar market.
The alliance comes at a critical time, as the recently passed Inflation Reduction Act is expected to accelerate demand for both solar energy and a domestic solar supply chain. The partnership will help fuel the growing U.S. solar manufacturing industry with a domestic supply of recycled materials essential to the production of new solar panels, including glass, silicon, and valuable metals such as silver, copper, and aluminum. Recent research by the National Renewable Energy Laboratory found that by 2040, for certain materials, recycling can meet 25-30% of domestic solar manufacturing needs in the United States.
“As the long-term owner of every project in our portfolio, we at Silicon Ranch are deeply committed to our relationships and responsibilities in the communities we serve. These responsibilities include end-of-life equipment management, Embracing this opportunity to pioneer recycling and re-use processes at scale with SOLARCYCLE is a significant step in meeting these responsibilities. This partnership supports our commitments to advance domestic solar manufacturing, a circular solar economy, and economic development opportunities in communities across the country. We encourage others in the industry to join us in this meaningful endeavor.”
-Reagan Farr, Silicon Ranch President and CEO.
Silicon Ranch continues to widen its scope in the solar industry through its holistic Regenerative Energy® approach to project design, construction, and land management, as well as its recent acquisition of carbon solutions provider Clearloop. The partnership with SOLARCYCLE will further boost Silicon Ranch’s mission to bring economic development opportunities and low-cost carbon solutions to communities across the country.
SOLARCYCLE’s team is taking what we learned in the solar, sustainability, and recycling industries and applying it to our tech-driven recycling solutions. We know that scale matters in order to be able to drive costs down and bring quality up,” said Suvi Sharma, CEO and Co-Founder of SOLARCYCLE. “We are thrilled that our partnership with Silicon Ranch–an innovative leader in bringing solar to scale sustainably and responsibly–will help us make solar across America fully sustainable.”
SOLARCYCLE is currently the only dedicated technology-based recycling company for the solar industry. The company focuses on recycling solar panels to obtain the maximum amount of materials to go back into the supply chain, and help to build a circular economy for solar. Launched earlier this year, the company is establishing a state-of-the-art solar panel recycling center, which will open in Q4.
Silicon Ranch pioneered utility-scale solar in the Southeast with the first large-scale solar projects in Tennessee, Georgia, Mississippi, Arkansas, and Kentucky. Notably, SOLARCYCLE is the latest partnership supporting domestic infrastructure secured by Silicon Ranch. In just the last six months, the company has announced new agreements with both FirstSolar and Nextracker to improve the carbon footprint of its module and tracker supply, respectively, while supporting additional investment in US manufacturing capabilities, and reducing volatility and logistics risk throughout the solar lifecycle. In turn, these partnerships collectively increase Silicon Ranch’s ability to deliver on designing, building, and managing a growing base of solar ranches across the country. The company has successfully commissioned every project it has contracted since its inception and has further distinguished itself through its commitment to own and operate each project in its portfolio for the long term. Earlier this year, Silicon Ranch completed a $775 million equity raise led by Manulife Investment Management.
About Silicon Ranch Corporation
Founded in 2011, Silicon Ranch is a fully integrated provider of customized renewable energy, carbon, and battery storage solutions for a diverse set of partners across North America. The company is one of the largest independent power producers in the country, with a portfolio that includes more than five gigawatts of solar and battery storage systems that are contracted, under construction, or operating across the U.S. and Canada. Silicon Ranch owns and operates every project in its portfolio and has maintained an unblemished track record of project execution, having successfully commissioned every project it has contracted in its history. In recognition of its holistic approach to land management, which the company has trademarked Regenerative Energy®, Silicon Ranch was named 2020’s “Most Forward-Thinking” company by Solar Power World. In 2021, Silicon Ranch acquired Clearloop, which helps businesses of all sizes reclaim their carbon footprint with a direct investment in building new solar projects while expanding access to clean energy. To learn more, visit siliconranch.com, regenerativeenergy.org, and clearloop.us. Follow Silicon Ranch on Facebook, Instagram, Twitter, and LinkedIn.
About SOLARCYCLE, Inc.
SOLARCYCLE, Inc (www.SOLARCYCLE.us) is a technology-driven platform designed to maximize solar sustainability by offering solar asset owners a low-cost, eco-friendly, comprehensive process for recycling retiring solar panels and technologies and repurposing them for new uses. The company’s proprietary technology allows it to extract over 95% of the valuable metals such as silver, copper, silicon, low-iron glass and aluminum. SOLARCYCLE was founded in 2022 by experts in solar technology, recycling and sustainability to accelerate build-out of the circular economy for solar and renewables.
STRATEGY AND BEST PRACTICES,ENERGY
Enphase Energy | August 30, 2022
Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company and the world's leading supplier of microinverter-based solar and battery systems, today announced that it has agreed to acquire GreenCom Networks AG. Based in Munich, Germany, GreenCom Networks provides Internet of Things (IoT) software solutions for customers to connect and manage a wide range of distributed energy devices within the home. The company’s technology facilitates a convergence of sectors such as mobility, heating, and renewable energy, often referred to as sector convergence or sector coupling, to help achieve full home electrification.
GreenCom Networks has extensive experience integrating a diverse set of devices such as solar inverters, battery systems, EV chargers, and heat pumps. These devices are typically made by different suppliers and need to be orchestrated intelligently to optimize energy consumption. GreenCom’s software solutions result in a rich and seamless experience for the homeowner and can help optimize the amount of self-generated energy that is consumed or stored by the homeowner.
The acquisition is expected to:
Add a local engineering team to service the accelerating clean energy transition in Europe
Provide installers with a complete home energy management system integrating Enphase microinverters and batteries with third-party EV chargers and heat pumps
Enable homeowners to monitor and control the devices from the Enphase® App
Help homeowners save on their electricity bill through self-consumption, while reducing carbon footprint and reliance on fossil fuels
Facilitate home energy management features such as green EV charging, green heating with heat pumps, and time-of-use optimization
“The technical capabilities of the development team at GreenCom Networks will help accelerate our home energy management solutions globally, We are excited to introduce the company’s solutions to our customers, beginning in Germany. We look forward to building upon the company’s current offering, and integrating it into the Enphase platform.”
-Mehran Sedigh, Vice President, Storage Business Unit at Enphase Energy
The energy crisis is not confined to Europe – it’s a global issue that needs to be solved, said Christian Feisst and Peter Muller-Bruhl, co-CEOs of GreenCom Networks. “By pairing Enphase solar and battery systems with GreenCom’s IoT platform, we believe we can make meaningful progress in improving sustainability, decarbonization, and reducing the reliance on fossil fuels for our customers. Our team has been driven by purpose and we are excited to accelerate the impact of our home energy management solutions by joining Enphase. The acquisition is subject to customary closing conditions and regulatory approvals and is expected to close in the fourth quarter of 2022.
About Enphase Energy, Inc.
Enphase Energy, a global energy technology company based in Fremont, CA, is the world's leading supplier of microinverter-based solar and battery systems that enable people to harness the sun to make, use, save, and sell their own power and control it all with a smart mobile app. The company revolutionized the solar industry with its microinverter-based technology and builds all-in-one solar, battery, and software solutions. Enphase has shipped more than 48 million microinverters, and over 2.5 million Enphase-based systems have been deployed in more than 140 countries. For more information, visit https://www.enphase.com and follow the company on Facebook, Instagram, LinkedIn and Twitter.© 2022 Enphase Energy, Inc. All rights reserved. Enphase, the "e" logo, Enphase App, and certain other names and marks are registered trademarks of Enphase Energy, Inc. Other names are for informational purposes and may be trademarks of their respective owners.
About GreenCom Networks AG
GreenCom Networks is a leading energy IoT company, with offices in Munich, Germany, and Sophia-Antipolis, France. Since 2011, GreenCom has been developing the energy system of the future. Using its energy IoT platform, GreenCom integrates distributed assets like solar PV, battery storage, electric vehicles, and heat pumps. Based on its platform, GreenCom enables white-label end customer services like energy communities, smart heating, smart charging, as well as home energy management including optimization and visualization of energy flows in homes for utilities and manufacturers of energy-relevant devices. For more information, visit https://greencom-networks.com/ or connect GreenCom Networks on LinkedIn.
WT Group | August 29, 2022
WT Group, a diversified engineering, design and consulting firm with over 50 years of experience, and Greenwich Energy Solutions, one of the premier providers of independent energy solutions in the Northeast, are thrilled to announce a regional joint venture to provide clients in the Northeast with a comprehensive range of cost-effective energy solutions from education, assessment and engineering design to construction management and high-performance monitoring.
This joint venture will create a scalable footprint to provide single-source energy services that will help building owners and tenants upgrade their systems and capitalize on the need to view their buildings as opportunities to be more energy and carbon efficient and join the fight against climate change.
Cliff Schorer, a Founder of Greenwich Energy Solutions, acknowledges the rare opportunity to have a business that can have a financial impact while doing a good service for humanity, stating, Our goal is to provide clients with a comprehensive, sole-source approach that mitigates the weighty burdens of managing the internal and external environment so vital to achieving business and societal goals. Selections of required sub-contractors and equipment suppliers will all be done in close consultation with clients and all selections will be totally agnostic.
WT Group and Greenwich Energy Solutions are fully-versed in government programs that will benefit clients financially and can provide clients with education, energy efficiency audits, retrofit project management, energy supply procurement and brokerage, strategic consulting for long-term management and technology assessments.
Stephen Hughes, President & COO of Greenwich Energy Solutions, added, "We're extremely excited about this venture. It will combine our talents in a way that is a force multiplier for delivering value to our clients and dramatically increasing the energy efficiency of their assets.
"WT Group (WT) is thrilled to announce this joint venture with Greenwich Energy Solutions (GES). By combining GES' industry-leading renewable energy solutions and WT's depth of multi-discipline engineering capabilities, we will provide a one-of-a-kind comprehensive solution to our clients. Together, WT and GES will be a leader in reducing our clients' carbon footprint by offering a turnkey solution for your real estate to be more sustainable for generations to come."
-Troy Triphahn, President & CEO of WT Group
ABOUT GREENWICH ENERGY SOLUTIONS
Headquartered in Brooklyn, New York, Greenwich Energy Solutions is one of the premier providers of independent energy solutions in the Northeast. The company is proud to work with top facility operators and stakeholders to add value, increase comfort and improve efficiency of their assets while ensuring regulatory compliance. GES is an independent energy efficiency partner that drives down operating costs for facility owners and operators and ensures compliance with the ever-changing landscape of new environmental and energy regulations. For more information about Greenwich Energy Solutions, visit www.greenwichenergysolutions.com or call 1-212-812-1479.
ABOUT WT GROUP
Headquartered in Hoffman Estates, Illinois, the WT Group is a diversified engineering, design and consulting firm delivering the expertise of over 170 skilled professionals serving clients in all 50 states. The firm's engineering solutions include Aquatic, Civil, Electrical, Mechanical, OSP, Plumbing, Structural, Telecommunications, along with solutions in Land Surveying, Accessibility Consulting, Design and Program Management and Construction Management. For more information about WT Group, visit www.wtgroup.com or call 1-224-293-6333.