Solar+Storage

Vision Solar LLC Drives Towards Aggressive Expansion to West Coast Florida - Tampa

Vision Solar, one of the fastest growing residential solar companies has opened another location reaching far into the west coast of Florida.

Vision Solar is on track towards its growth projection to grow into a $200M+ company in revenues by EOY 2021, with yet another announcement of rapid expansion into the west coast of Florida, Tampa.

Through the opening of a Tampa location, we will be able to provide an expansion of solar panel installation service areas beyond south FL.

Home sales in Tampa are expected to rise by 8.7% while prices are expected to rise by 7.5% in 2021.

With the increase in real estate sales comes new homeowners that are eager to add value to their homes, through the utilization of renewable energy.

Solar panels not only reduce a home's monthly utility bills, but can also potentially increase the home's value by up to 4.1% more than comparable homes without solar panels.

Florida's generous electricity buy-back rates, sales tax exemption, property tax exemption, and solar tax rebate combine to give an attractive solar payback period of 11 years on average, making solar a prudent investment.

Vision Solar understands the importance of creating a cleaner environment through the use of renewables and providing homeowners the opportunity to lower their utility bills by 35% or more, depending on their state of residence.

“As part of Vision Solar's commitment to adding 1,000+ green renewable jobs to their workforce, Tampa will become our third of five service locations in the sunshine state.”
- Jonathan Seibert, CEO

About Vision Solar
Vision Solar is one of the fastest growing solar energy companies in the United States. Their full-service renewable energy company installs solar services for residential homes nationwide. Over the past three years, Vision Solar has grossed over $100 million in revenue, with significant increase in projected growth for 2021.

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Solar+Storage

Tigo Energy Unveils Industry-First Service Program for Commercial and Industrial Solar Installers

Business Wire | October 06, 2023

Tigo Energy, Inc. a leading provider of intelligent solar and energy storage solutions, announced the launch of the Green Glove service program to provide a premium support experience for installers of commercial and industrial (C&I) systems. The Green Glove program enhances the installer experience and drives quality across the solar value chain with a process that includes a set of formalized support engagements for Tigo C&I installers before, during, and after the installation. After registering online, Green Glove support personnel work with the installer to determine the scope of the engagement, which can include service scheduling, technical training preconditions, and potential site visit requirements. Tigo customers can expect a no-cost design review prior to installation, on-call support from regional Tigo locations during installation, and a post-installation review and follow-up discussion to answer outstanding questions and gather feedback on the installation experience. Tigo-based commercial and industrial solar systems commissioned prior to March 2024 are eligible for the Green Glove program. Systems based on non-Tigo MLPE devices may also be eligible for a fee-based service under Green Glove program. This expansion of the Tigo Green Glove program continues the Company’s mission to deliver quality solar as well as rapid shutdown safety by enhancing the resources available to solar installers. “While no two commercial solar systems are alike, some best practices for design and installation are nearly universal, and the Green Glove program extends our engineering and field experience to our installer customers,” said James JD Dillon, CMO at Tigo Energy. The philosophy behind this program is to strengthen the connective tissue within the solar value chain, bridging the strength Tigo has in designing solar hardware with the strength our installer partners have in deploying solar. While we are separate companies, our end customers should feel confident that the various entities that bring it all together collaborate and serve them by working together. [Source – Business Wire] In support of the Green Glove program, training and continuing education designed to build and reinforce the commercial solar installer skill set are delivered via the Tigo Academy platform. The platform delivers an installer curriculum that connects high-quality solar and storage products to best practices during the design and installation phases. Successfully completed Tigo Academy learning modules are eligible for North American Board of Certified Energy Practitioners Continuing Education Credits (CEC). About Tigo Energy Founded in 2007, Tigo is a worldwide leader in the development and manufacture of smart hardware and software solutions that enhance safety, increase energy yield, and lower operating costs of residential, commercial, and utility-scale solar systems. Tigo combines its Flex MLPE (Module Level Power Electronics) and solar optimizer technology with intelligent, cloud-based software capabilities for advanced energy monitoring and control. Tigo MLPE products maximize performance, enable real-time energy monitoring, and provide code-required rapid shutdown at the module level. The company also develops and manufactures products such as inverters and battery storage systems for the residential solar-plus-storage market.

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Energy

Cordia Acquiring Three Cutting-Edge Energy Systems from Essential Utilities in Allegheny County

PR Newswire | October 04, 2023

Cordia, a leading provider of safe, reliable, and sustainable energy solutions, today announced that it has signed a binding agreement to acquire three microgrids and district energy systems in Allegheny County, Pennsylvania, from Essential Utilities, Inc. The acquisition is valued at $165 million. The three energy systems included in the agreement are The Pittsburgh International Airport Microgrid, the first of its kind, which allows the airport to operate independent of the electric grid thanks to a 21.25 MW natural gas power plant, making PIT one of the most resilient airports. The district energy system at Allegheny Health Network (AHN) – Wexford Hospital, which provides the 160-bed hospital with all heating, cooling, and primary power needs via steam boilers, hot water boilers, chillers, and a 2.0 MW natural gas generator, along with emergency backup power. The Allegheny County District Energy System, which provides efficient and resilient steam and hot water services to six government buildings including the Allegheny County Courthouse and City-County Building, using seven state-of-the-art steam boilers and one domestic water heater. "We are excited to acquire these three energy systems," said Cordia CEO Earl Collins. They are a perfect fit for our portfolio and will help us to further our mission of providing safe, reliable, and sustainable energy solutions to our customers. We look forward to working with the Pittsburgh International Airport, Allegheny Health Network, and Allegheny County teams to ensure a smooth transition and continue providing excellent service to their customers. [Source: PR Newswire] The acquisition is a strategic move for Cordia. The acquisition expands the firm's presence in the Pittsburgh region where it currently operates energy systems in Pittsburgh's Uptown and North Shore neighborhoods, and the on-campus energy system for Duquesne University. Cordia's assets have been operating in the region since 1964, and its existing investments in the area allow Cordia to deliver the most efficient solutions to its customers. This acquisition is a testament to Cordia's commitment to growing its regional presence and building on its existing customer base. The three energy systems were developed by Essential subsidiary Peoples, leveraging Southwestern Pennsylvania's abundance of natural gas to deliver safer, more reliable and more resilient energy to some of the region's most critical institutions. All three began operating in 2021. "Our teams at Peoples and Essential should be proud knowing their work to develop these innovative energy systems has made this region better," said Essential Utilities CEO & Chairman Chris Franklin. "Selling these unregulated assets to a skilled operator in Cordia allows us to focus more fully on our core business as a regulated utility." "We are confident our customers will be in good hands with Cordia operating these energy systems," said Peoples President Mike Huwar. "Our team looks forward to providing clean, safe, affordable and reliable natural gas service to all three projects for years to come." "This acquisition is a demonstration to Cordia's commitment to providing innovative energy solutions to our customers and growth in the Pittsburgh area," said Collins. "We are proud to be a part of this community and continue to work with our partners to build a more resilient and sustainable energy future for Pittsburgh." The transaction is subject to various closing conditions and regulatory approvals and is expected to close in late 2023 or early 2024. About Cordia Cordia is a leading provider of safe, reliable, and sustainable energy solutions. Headquartered in Phoenix, AZ, Cordia serves over 700 customers with heating, cooling, and electricity throughout the U.S. Cordia is committed to driving change toward a more resilient, sustainable energy future and empowering people and communities to reach their full potential. Learn more at www.cordiaenergy.com. About Essential Essential Utilities, Inc. delivers safe, clean, reliable services that improve quality of life for individuals, families, and entire communities. With a focus on water, wastewater and natural gas, Essential is committed to sustainable growth, operational excellence, a superior customer experience, and premier employer status. We are advocates for the communities we serve and are dedicated stewards of natural lands, protecting more than 7,600 acres of forests and other habitats throughout our footprint.

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Energy

Powur PBC Unveils Game-Changing Enhancements to its Platform

Powur PBC | September 11, 2023

Powur PBC, a pioneering platform-based company dedicated to simplifying the journey toward clean energy adoption, has unveiled significant enhancements to its sales enablement and project fulfillment platforms just ahead of its grand annual event for solar sales professionals, Powur World. The company is poised to elevate its sales enablement and project fulfillment platforms, primarily catering to the requirements of solar sales professionals and enterprises. This enhancement encompasses the launch of its integrated Powur Vision proposal system and incorporating advanced enterprise features, along with expanded lead nurturing capabilities, into its platform functionalities. In pursuit of delivering a fully integrated sales experience for solar professionals and businesses, Powur is launching its proprietary proposal system, Vision, seamlessly integrated into the Powur platform. Previously available in a beta versionin select markets, Vision is now accessible in over 20 states where Powur operates. As the energy market evolves and solar sales become more intricate, companies aiming to incorporate solar solutions into their offerings or enhance existing solar sales capabilities are increasingly searching for cost-effective, user-friendly sales enablement and fulfillment platforms that enable them to focus on sales instead of back-office tasks and logistics. Powur is responding to this demand by enhancing its enterprise product suite with customizable compensation and margin controls, boosting project profitability. The team assignment and staff override functionalities help facilitate smoother project management and incentivize team members. Furthermore, recent updates to the enterprise product suite, such as co-branding and an open API, empower companies to establish their own brand identity while leveraging Powur's administrative prowess, procurement power, and top-tier training and enablement resources. Powur, already equipped with crucial sales enablement features, is fortifying its platform with enhanced lead acquisition, communication, nurturing, and tracking capabilities to boost closing rates. These newly introduced features empower solar organizations and sales professionals to consolidate their pre-and post-sales activities within a single, cost-effective platform, all the while elevating project visibility and control. At Powur World, an impressive assembly of nearly 1,000 dedicated and skilled solar sales professionals gathered from September 6th to 9th, 2023, to fortify their sales acumen and deepen their understanding of the industry, market dynamics, and product and financing intricacies. Leaders in the solar energy sector, including Enphase, SPAN, Sunnova, SolarEdge, Sungage, Unirac, and Qcells, actively participated in this event. The event's keynote speaker was Robert Richman, co-creator of Zappos, renowned for crafting an unparalleled employee and customer service experience under the Zappos brand. Earning a consistent place on the Inc. 5000 List of Fastest Growing Companies for four consecutive years, Powur remains committed to expanding its platform by continually introducing new features, technologies, services, installers, and sales professionals. Powur's platform-centric business model allows for the swift integration of cutting-edge technologies while mitigating risks and costs. By offering premium, cutting-edge clean energy solutions, Powur empowers individuals to gain greater control over their energy consumption through fully customized clean energy solutions for their homes. About Powur PBC Powur PBC, founded in 2014 and headquartered in California, is a leading platform-based company dedicated to accelerating the widespread adoption of solar energy. It stands as the world's first 100% virtual residential solar company in the cloud. Leveraging its innovative platform model, the company possesses the agility required to swiftly respond to the dynamic demands of an ever-evolving solar landscape. At the heart of Powur's mission lies a commitment to making solar energy accessible and affordable to homeowners. The company's unique model ensures cost-effective and tailored solar solutions for homeowners and empowers its extensive network, which comprises thousands of independent sales professionals and regionally specialized installation partners, fostering collaboration and driving progress toward a sustainable energy future.

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Industry Updates

Greenworks Introduces First Electric Transportation Portfolio

Greenworks | September 07, 2023

On September 6, 2023, Greenworks, a leader in battery technology for over two decades, announced, the launch plan for an innovative lineup of battery-powered transportation options, including an electric minibike, go-kart, three e-bikes, a UTV and a scooter. This comprehensive portfolio marks the first extensive range of e-transportation vehicles running on widely adopted lithium-ion battery platforms, aligned with Greenworks' commitment to advancing clean energy solutions. The Greenworks electric Go-Kart and Minibike are currently available at select Tractor Supply stores, TractorSupply.com, and greenworkstools.com. The three E-Bikes, Scooter, and UTV will become accessible online and in select retailers in early 2024. Greenworks introduces the following innovative transportation options: Electric Go-Kart: Featuring dual rear hub motors, this go-kart reaches speeds of up to 25 MPH and offers a range of up to 20 miles on a single charge. Electric Minibike: Providing more power and speed than a comparable gas minibike, it delivers speeds of up to 25 MPH and a range of up to 20 miles. Electric Utility Bikes: Including two models - one with fat tires and another designed for off-road adventures - offering a maximum speed of 20 MPH and ranges up to 50 minutes or 20 miles. Electric Commuter Bike: Designed for urban travel, it reaches speeds of up to 20 MPH and offers a range of up to 22 miles. Electric Scooter: With a max speed of 18 MPH and a range of up to 14 miles, it provides an efficient and enjoyable mode of transportation. Electric UTV: A two-seat UTV designed for adventure, with a range of up to 20 miles and a maximum speed of 15 MPH. Greenworks' lithium-ion battery platforms power over 75 indoor and outdoor products for the 60V and 80V platforms and over 125 products for the 24V platform, encompassing a wide range of tools and appliances. These sporty battery-powered products offer users a cost-effective and eco-friendly means of travel. They eliminate the need for gas, reduce noise, enhance convenience, and promise enjoyable adventures. The products cater to various transportation needs, whether it's daily commuting, leisure rides, or outdoor exploration. These electric transportation options align with Greenworks' vision of a cleaner and more powerful future driven by clean energy solutions. They provide cost-effective, eco-friendly, and convenient transportation alternatives. About Greenworks Greenworks, a pioneer in battery technology for over two decades, is dedicated to championing a cleaner energy future. The company specializes in creating, producing, and marketing a broad range of high-quality, cost-effective battery-powered products tailored to the needs of modern consumers, whether they are at home, in the workplace, or on the move. Greenworks offers a versatile selection of five distinct battery platforms, ranging from 24-volt to 82-volt, each compatible with a wide range of power tools, outdoor equipment, and lifestyle products.

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