Archive for July 14th, 2010

Enfinity Partners with Satcon for Utility Scale PV Solar Installation in France
BOSTON–(BUSINESS WIRE)–Satcon Technology Corporation® (NASDAQ CM:SATC), a leading provider of utility scale power solutions for the renewable energy market, today announced that they have been selected by Enfinity®, one of the world’s leading photovoltaic (PV) solar energy development companies, for two power stations at one of France’s largest PV solar farm in Les Mees, Alpes-Haute-Provence.   

For these sites, Enfinity has chosen Satcon’s™ PowerGate Plus® 500 kilowatt solution, the world’s most widely deployed utility ready solar PV inverter with over 600 megawatts booked since its introduction in 2005. All of Satcon’s solutions include advanced utility ready features to enable simplified grid interconnection and can be easily integrated into SCADA systems through standardized communication interfaces.

“Les Mees will be one of the largest solar energy projects of its kind in France, and as a result, we needed to partner with a market leader that could deliver superior results,” said Patrick Decuyper, CEO Europe & co-founder, Enfinity. “Satcon‘s innovative technology and expertise with utility scale solar power production will help us achieve the highest level of performance and reliability required for these installations. We are pleased about our partnership with Satcon, and look forward to working together on this and future projects.”

Upon completion, the two sites will produce approximately 23,400,000 kilowatt hours of power, the energy production equivalent to supply over 10,500 families. It will also reduce CO2 emissions by approximately 2,641,000 kilograms or 5,822,408 pounds.

“The Les Mees project marks an important step for Satcon as we continue to expand on our international growth and officially enter the French utility scale solar market,” said Steve Rhoades, Satcon’s President and Chief Executive Officer. “Satcon has been part of most of the world’s largest scale solar power plants and we see tremendous momentum in France. We are excited to team up with one of the world leaders in large scale solar projects for this installation and look forward to a close partnership with Enfinity in the future.”

Les Mees is scheduled for completion in October 2010.



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SunLink Corporation Acquires Blue Oak PV Products, LLC
SAN RAFAEL, Calif.–(BUSINESS WIRE)–SunLink Corporation, a leading provider of commercial photovoltaic mounting solutions, today announced the acquisition of Blue Oak PV Products, LLC, manufacturer of HomeRun™ Solar Combiner Boxes and Disconnecting Combiner Boxes. SunLink will now provide combiner boxes in addition to its flagship commercial Roof Mount System and Ground Mount System. Blue Oak Energy, the PV system design and engineering firm, was not affected by this acquisition.
   
“SunLink now offers the HomeRun combiner box family so commercial solar integrators can count on one trusted source for mounting solutions and combiner boxes that lower total installed costs and improve system design flexibility,” said Christopher Tilley, CEO of SunLink.

Blue Oak PV Products, LLC was founded in 2006 by leaders of Blue Oak Energy to address the safety needs and long term reliability of solar electric systems. HomeRun Combiner Boxes and Disconnecting Combiner Boxes have been installed on over 65 MW of PV installations at hundreds of sites across the country including the 2.42 MW FedEx rooftop installation in Woodbridge, NJ and the Ricoh PV-powered billboard at Times Square in New York. Blue Oak Disconnecting Combiner Boxes, introduced in mid 2009, were the first UL 1741 safety listed solar combiner boxes available with an integrated load-break rated disconnect.

“With the sale of our product company to SunLink, Blue Oak Energy can now focus our engineering talents on assisting our customers in deploying more PV systems in the next 24 months than the US has installed in the last decade,” said Tobin Booth, CEO of Blue Oak Energy and former CEO of Blue Oak PV Products. “We believe the HomeRun combiner box line is the best available in the market for its technical characteristics, quality and value. We are confident SunLink will take this product line to the next level because they share our commitment in delivering high quality products and services to the PV industry.”

SunLink’s commercial roof and ground mount systems are available in multiple tilt angles and non-penetrating options for a wide-variety of solar panels, guaranteeing flexible system design and high performance. The company also offers prepanelization services for its rooftop product that reduce installation costs and maximize labor efficiency.



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Premier Power Opens New Southern California Office in Anaheim, California
EL DORADO HILLS, Calif.–(BUSINESS WIRE)–Premier Power Renewable Energy, Inc. (OTCBB:PPRW), a global leader in the development, design, engineering, and construction of solar power systems for commercial, government, and utility markets in the United States and Europe, announced today it has opened an office to serve new and existing customers in Southern California.   

“California is one of the largest markets in America for solar electric power generation solutions, and to work more closely with potential and existing customers in this high growth market we’ve opened an office in the heart of Orange County,” said Dean R. Marks, chief executive officer of Premier Power.

“From this central vantage point, we can more quickly and easily address inquiries from both large corporate and smaller residential customers located in Los Angeles, Orange County, San Diego, and the Inland Empire. As sales in the United States provided over 45 percent of our total revenues in 2009, and with a large percentage of that coming from California, with our business becoming more robust we feel this is the right time to establish a larger and more visible presence,” he concluded.



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Premier Power Opens New Southern California Office in Anaheim, California
EL DORADO HILLS, Calif.–(BUSINESS WIRE)–Premier Power Renewable Energy, Inc. (OTCBB:PPRW), a global leader in the development, design, engineering, and construction of solar power systems for commercial, government, and utility markets in the United States and Europe, announced today it has opened an office to serve new and existing customers in Southern California.   

“California is one of the largest markets in America for solar electric power generation solutions, and to work more closely with potential and existing customers in this high growth market we’ve opened an office in the heart of Orange County,” said Dean R. Marks, chief executive officer of Premier Power.

“From this central vantage point, we can more quickly and easily address inquiries from both large corporate and smaller residential customers located in Los Angeles, Orange County, San Diego, and the Inland Empire. As sales in the United States provided over 45 percent of our total revenues in 2009, and with a large percentage of that coming from California, with our business becoming more robust we feel this is the right time to establish a larger and more visible presence,” he concluded.



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Direct Grid Technologies Introduces the DGM Series Micro-inverter for Monocrystalline and Polycrystalline Photovoltaic Modules
SAN FRANCISCO, July 14 /PRNewswire/ — Direct Grid Technologies, LLC, manufacturer of photovoltaic (PV) micro-inverters and related monitoring systems, announced a new series of OEM grid-tie micro-inverters that mate to a variety of monocrystalline and polycrystalline type modules. The DGM-S250 offers a power output of 250 watts, and the DGM-S460 offers an unprecedented 460 watts.

Similar to its predecessor, the DGA Series, the DGM Series units use Direct Grid’s unique closed loop MOSFET planar architecture which offers high power and excellent thermal management, resulting in unparalleled efficiency and reliability.

The DGM-S250 is designed to mate with a single 60 cell 210 – 240 watt module, while the DGM-S460 is suited to mate with two 60 cell 210 – 240 watt modules. For original equipment manufacturers, power tracking voltage inputs can be modified to suit custom maximum power point ranges.

“All of our micro-inverters are inherently designed with flexibility in mind. While the DGM Series includes the DGM-S250 and S460, many varieties of micro-inverters actually exist in-between. We now have a continuum of products for any wattage between 250 and 460 watts for our OEM customers,” said Frank Cooper, Direct Grid president. “Additionally, unlike some other micro-inverters on the market, the system auto-tunes to any single phase grid it is connected to, so we can handle grid frequencies of 50 or 60 hertz right out of the box.”

The SMART DGM Series also includes Echelon communication that permits each micro-inverter in the network to communicate with a remote access node. Power data, temperature, diagnostics and unique identification code are routinely collected from each micro-inverter. This network communication also enables the benefit of theft deterrence by monitoring the unique identification of each micro-inverter. The resulting data can be graphically presented to end users for easy system monitoring.

Certifications targeted for the DGM Series will include UL1741/IEEE1547, VDE 0126, FCC Part15 and CE. Direct Grid expects certifications and product shipments to lead customers beginning in the third quarter 2010. The DGM Series will be on exhibit at Intersolar North America, San Francisco, California, July 13th through the 15th, booth 7024.



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Direct Grid Technologies Introduces the DGM Series Micro-inverter for Monocrystalline and Polycrystalline Photovoltaic Modules
SAN FRANCISCO, July 14 /PRNewswire/ — Direct Grid Technologies, LLC, manufacturer of photovoltaic (PV) micro-inverters and related monitoring systems, announced a new series of OEM grid-tie micro-inverters that mate to a variety of monocrystalline and polycrystalline type modules. The DGM-S250 offers a power output of 250 watts, and the DGM-S460 offers an unprecedented 460 watts.

Similar to its predecessor, the DGA Series, the DGM Series units use Direct Grid’s unique closed loop MOSFET planar architecture which offers high power and excellent thermal management, resulting in unparalleled efficiency and reliability.

The DGM-S250 is designed to mate with a single 60 cell 210 – 240 watt module, while the DGM-S460 is suited to mate with two 60 cell 210 – 240 watt modules. For original equipment manufacturers, power tracking voltage inputs can be modified to suit custom maximum power point ranges.

“All of our micro-inverters are inherently designed with flexibility in mind. While the DGM Series includes the DGM-S250 and S460, many varieties of micro-inverters actually exist in-between. We now have a continuum of products for any wattage between 250 and 460 watts for our OEM customers,” said Frank Cooper, Direct Grid president. “Additionally, unlike some other micro-inverters on the market, the system auto-tunes to any single phase grid it is connected to, so we can handle grid frequencies of 50 or 60 hertz right out of the box.”

The SMART DGM Series also includes Echelon communication that permits each micro-inverter in the network to communicate with a remote access node. Power data, temperature, diagnostics and unique identification code are routinely collected from each micro-inverter. This network communication also enables the benefit of theft deterrence by monitoring the unique identification of each micro-inverter. The resulting data can be graphically presented to end users for easy system monitoring.

Certifications targeted for the DGM Series will include UL1741/IEEE1547, VDE 0126, FCC Part15 and CE. Direct Grid expects certifications and product shipments to lead customers beginning in the third quarter 2010. The DGM Series will be on exhibit at Intersolar North America, San Francisco, California, July 13th through the 15th, booth 7024.



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Satcon Launches Solstice 500 Kilowatt System Solution at Intersolar North America
BOSTON–(BUSINESS WIRE)–Satcon Technology Corporation®(NASDAQ CM: SATC), a leading provider of utility scale power solutions for the renewable energy market, today announced the launch of the Satcon™ Solstice® 500 kilowatt system solution, now available in North America. The Solstice 500 kilowatt system expands upon Satcon’s portfolio of industry leading solar PV inverter technologies designed to address the needs of large multi –megawatt, utility scale systems, including the PowerGate Plus® 500 kW, the Prism™ 1 MW medium voltage package solution, and the 1 MW PowerGate Plus inverter solution.   

Satcon Solstice is the industry’s first complete distributed power conversion system, delivering fine grained power harvesting and control with advanced utility ready grid interconnection. The 500 kW solution will join the previously launched 100 kW UL and the 125 kW CE systems to provide for a wider range of system designs that can be addressed with the Solstice solution suite.

Solstice revolutionizes large utility and commercial solar power plants by allowing the central inverter to monitor, manage and control the array at less than 3 kilowatt increments, as well as optimize each string with its own individual Maximum Power Point Tracking (MPPT). The combination of fine grained harvesting of each panel string along with a highly efficient central inverter design insures the Solstice platform will deliver more power over the lifetime of the PV system by increasing total system harvest optimization and system uptime and safety. This results in an increase in total power production by 5-12 percent over designs using standard inverters, while simultaneously reducing the overall system material costs by 20- 25 percent.

“With the first 100kW sites producing power today and proving significant performance improvements, the addition of the 500 kilowatt system enables us to drive the leading edge of solar innovation deeper into the large scale commercial and utility markets,” said Steve Rhoades, Satcon’s President and Chief Executive Officer. “As the next generation solution for this utility scale category, Solstice will radically change the value equation of large scale solar power production, as the gains in system wide performance is directly proportional to the size of the installations.”



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Satcon Launches Solstice 500 Kilowatt System Solution at Intersolar North America
BOSTON–(BUSINESS WIRE)–Satcon Technology Corporation®(NASDAQ CM: SATC), a leading provider of utility scale power solutions for the renewable energy market, today announced the launch of the Satcon™ Solstice® 500 kilowatt system solution, now available in North America. The Solstice 500 kilowatt system expands upon Satcon’s portfolio of industry leading solar PV inverter technologies designed to address the needs of large multi –megawatt, utility scale systems, including the PowerGate Plus® 500 kW, the Prism™ 1 MW medium voltage package solution, and the 1 MW PowerGate Plus inverter solution.   

Satcon Solstice is the industry’s first complete distributed power conversion system, delivering fine grained power harvesting and control with advanced utility ready grid interconnection. The 500 kW solution will join the previously launched 100 kW UL and the 125 kW CE systems to provide for a wider range of system designs that can be addressed with the Solstice solution suite.

Solstice revolutionizes large utility and commercial solar power plants by allowing the central inverter to monitor, manage and control the array at less than 3 kilowatt increments, as well as optimize each string with its own individual Maximum Power Point Tracking (MPPT). The combination of fine grained harvesting of each panel string along with a highly efficient central inverter design insures the Solstice platform will deliver more power over the lifetime of the PV system by increasing total system harvest optimization and system uptime and safety. This results in an increase in total power production by 5-12 percent over designs using standard inverters, while simultaneously reducing the overall system material costs by 20- 25 percent.

“With the first 100kW sites producing power today and proving significant performance improvements, the addition of the 500 kilowatt system enables us to drive the leading edge of solar innovation deeper into the large scale commercial and utility markets,” said Steve Rhoades, Satcon’s President and Chief Executive Officer. “As the next generation solution for this utility scale category, Solstice will radically change the value equation of large scale solar power production, as the gains in system wide performance is directly proportional to the size of the installations.”



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Satcon Launches Solstice 500 Kilowatt System Solution at Intersolar North America
BOSTON–(BUSINESS WIRE)–Satcon Technology Corporation®(NASDAQ CM: SATC), a leading provider of utility scale power solutions for the renewable energy market, today announced the launch of the Satcon™ Solstice® 500 kilowatt system solution, now available in North America. The Solstice 500 kilowatt system expands upon Satcon’s portfolio of industry leading solar PV inverter technologies designed to address the needs of large multi –megawatt, utility scale systems, including the PowerGate Plus® 500 kW, the Prism™ 1 MW medium voltage package solution, and the 1 MW PowerGate Plus inverter solution.   

Satcon Solstice is the industry’s first complete distributed power conversion system, delivering fine grained power harvesting and control with advanced utility ready grid interconnection. The 500 kW solution will join the previously launched 100 kW UL and the 125 kW CE systems to provide for a wider range of system designs that can be addressed with the Solstice solution suite.

Solstice revolutionizes large utility and commercial solar power plants by allowing the central inverter to monitor, manage and control the array at less than 3 kilowatt increments, as well as optimize each string with its own individual Maximum Power Point Tracking (MPPT). The combination of fine grained harvesting of each panel string along with a highly efficient central inverter design insures the Solstice platform will deliver more power over the lifetime of the PV system by increasing total system harvest optimization and system uptime and safety. This results in an increase in total power production by 5-12 percent over designs using standard inverters, while simultaneously reducing the overall system material costs by 20- 25 percent.

“With the first 100kW sites producing power today and proving significant performance improvements, the addition of the 500 kilowatt system enables us to drive the leading edge of solar innovation deeper into the large scale commercial and utility markets,” said Steve Rhoades, Satcon’s President and Chief Executive Officer. “As the next generation solution for this utility scale category, Solstice will radically change the value equation of large scale solar power production, as the gains in system wide performance is directly proportional to the size of the installations.”



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U.S. Commerce Department Honors Ascent Solar with Export Achievement Certificate
THORNTON, Colo.–(BUSINESS WIRE)–Ascent Solar Technologies, Inc. (NASDAQ:ASTI), a developer of state of the art flexible thin-film solar modules, announced today it received a federal Export Achievement Certificate for its success in exporting clean technology to various international markets.

The award recognizes the international market development and sales of Ascent Solar’s unique flexible and light weight CIGS thin-film modules for building materials, portable power, and defense and transportation markets. All of which have generated additional exports of US-manufactured products.

Suresh Kumar, Assistant Secretary of Commerce and Director of the U.S. Commercial Service stated, “Ascent Solar Technologies is an excellent example of how innovative U.S. clean technologies are working to create a more sustainable world environment while supporting economic growth and jobs here at home. Through the National Export Initiative, President Obama is committed to expanding export opportunities, and it’s small and medium-sized businesses such as Ascent Solar that will be the backbone of this effort. I congratulate this outstanding company for doing a job that is valuable to the American economy.”

Farhad Moghadam, President and CEO of Ascent Solar, stated “Receiving the Export Achievement Certificate is an honor and a privilege, one that we are very proud of. Through our international partners in places like Europe, Asia and India we are helping to enable new ways to create solar integrated building products, portable power solutions and help increase mileage for electric transportation. Export is a significant part of our business and certainly vital to our Nation’s economy. We are proud to participate and do our part as a Colorado company.”



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U.S. Commerce Department Honors Ascent Solar with Export Achievement Certificate
THORNTON, Colo.–(BUSINESS WIRE)–Ascent Solar Technologies, Inc. (NASDAQ:ASTI), a developer of state of the art flexible thin-film solar modules, announced today it received a federal Export Achievement Certificate for its success in exporting clean technology to various international markets.

The award recognizes the international market development and sales of Ascent Solar’s unique flexible and light weight CIGS thin-film modules for building materials, portable power, and defense and transportation markets. All of which have generated additional exports of US-manufactured products.

Suresh Kumar, Assistant Secretary of Commerce and Director of the U.S. Commercial Service stated, “Ascent Solar Technologies is an excellent example of how innovative U.S. clean technologies are working to create a more sustainable world environment while supporting economic growth and jobs here at home. Through the National Export Initiative, President Obama is committed to expanding export opportunities, and it’s small and medium-sized businesses such as Ascent Solar that will be the backbone of this effort. I congratulate this outstanding company for doing a job that is valuable to the American economy.”

Farhad Moghadam, President and CEO of Ascent Solar, stated “Receiving the Export Achievement Certificate is an honor and a privilege, one that we are very proud of. Through our international partners in places like Europe, Asia and India we are helping to enable new ways to create solar integrated building products, portable power solutions and help increase mileage for electric transportation. Export is a significant part of our business and certainly vital to our Nation’s economy. We are proud to participate and do our part as a Colorado company.”



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Envision Solar Invents World’s First Solar Parking Array with Fully Integrated Sun Tracking Ability
SAN DIEGO–(BUSINESS WIRE)–Envision Solar International, Inc., (OTCBB:EVSI), a leading solar planner, architect and inventor designing and deploying clean energy systems globally, announces the world’s first solar parking array with fully integrated sun tracking ability through its EnvisionTrak™ technology.   

Envision Solar’s Solar Tree® with EnvisionTrak™ is a parking lot solar array to incorporate solar tracking into the primary structure of its canopy. The dual-axis tracking Solar Tree has been awarded a patent by the U.S. Patent and Trademark office.

By tracking the movement of the sun throughout the day, a Solar Tree with EnvisionTrak can produce a significant increase in energy output over traditional static solar arrays, which generate maximum output only when the sun is at its peak, generally between noon and 3 p.m.

EnvisionTrak’s first installation is part of an Axion Power Cube™ installation project, with funding recently approved by the state of Pennsylvania’s Solar Energy Program, which will analyze the amount of solar energy that can be generated by Envision’s Solar Trees and then stored in Axion Power’s lead carbon PbC™ batteries. A Solar Tree with EnvisionTrak will deliver solar energy during the day with its output compared to that of an adjacent fixed Solar Tree. The energy will then be released to demonstrate how it can be delivered back to the grid during peak usage times.

“EnvisionTrak overcomes one of the biggest objections to fixed solar PV installations by maximizing the amount of energy that can be delivered during daylight hours,” said Bob Noble, CEO of Envision Solar. “By offering the first dual-axis tracking parking lot solar array, we can enable organizations to significantly increase the amount of clean energy that they produce for very little additional cost.”

“By partnering with Axion to provide an efficient, high-capacity energy storage solution, Envision Solar can expand the benefits of solar energy even further. Axion’s PbC batteries extend the capabilities of the Solar Tree by enabling it to charge a battery during the day and continue to generate power at night. The combination of these two innovations will drastically impact the capabilities of the SolarTree,” continued Noble.

“EnvisionTrak is a major leap forward in clean energy. By extending the high generation period beyond the midday hours, we can significantly increase the amount of energy transferred to our batteries,” said Tom Granville, CEO of Axion Power International, Inc. “This provides an even greater opportunity to send energy back into the grid during peak demand hours. By partnering with Envision Solar on this project, we’re able to push the boundaries of the total amount of energy that a solar array can generate and discharge in a day. This will allow us to really showcase the interplay between storage and solar and its impact on next generation clean energy storage and production. We look forward to working with our strategic partner as they continue to advance EnvisionTrak, Life Village™ and their other solar projects.”

For more information on Envision Solar, please visit www.envisionsolar.com or call 1-866-746-0514.



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GoSolarUSA Advances to Finalize Deal for PREE™ Technology
NEW ORLEANS–(BUSINESS WIRE)–GoSolarUSA Inc. (PinkSheets:GSLO) disclosed that the Company has reached an understanding with PREE™ regarding the terms and future participation between the two companies in the development, delivery and marketing of the new PREE™ product line. PREE™ owns a breakthrough technology that uses wireless internet signals and solar energy to keep Smartphones constantly charged without having to be plugged in. After encountering a flood of inquiries regarding PREE™ product details, possible PREE™ distributorships and interest in investment, GSLO management decided to fast-track their deal with PREE™.
  
The PREE™ technology is designed for use with a wide range of Smartphones, including Apple’s iPhone (NASDAQ: AAPL), Research in Motion’s BlackBerry (NASDAQ: RIMM) and Google’s Android (NASDAQ: GOOG). GSLO is anticipating significant market demand for PREE™ product.

Smartphone users often find that their batteries can’t keep up with power-hungry applications. A typical Smartphone battery will lose 5% to 10% of its life every hour. As a result, (before the PREE™) users had to plug their phones into a charger at least once a day or more. The PREE™ product is a device being configured to empower users to disconnect from the plug and go wireless for as long as they need to use their applications. This exciting device converts inbound wireless LAN waves and solar energy into an electrical charge powerful enough to keep the Smartphone charged.

More information on the PREE™ can be seen at www.GoSolarUSA.com/technology.html

Mobile phone accessories generate billions of dollars of revenue to manufacturers. GSLO is excited to be a part of bringing a new American technology to the market that can be used worldwide. The phone accessory market is projected to reach $80 Billion by 2012. The company feels that this product has major market potential.

For more information on the Company see: www.GoSolarUSA.com.



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RayTracker Improves the Internal Rate of Return of PV Projects by up to 12%, and Generates up to 40% Return on Additional Investment
SAN FRANCISCO–(BUSINESS WIRE)–RayTracker, Inc., a manufacturer of Utility Grade PV tracking systems with industry-leading bankability, announced today that it has more than tripled quarter-over-quarter revenue in the last two successive quarters, with a strong pipeline of demand well into 2011. As the PV industry grows and matures, achieving optimal economics is more of a focus than ever. RayTracker improves the Internal Rate of Return of solar projects by up to 12% and Net Present Value by up to 33% compared with non-tracking systems. With RayTracker, project developers can achieve the lowest cost of energy of any solar technology available today. Additionally, projects using RayTracker GC single-axis solar trackers have lower initial costs or increased lifetime energy than non-tracking systems. For project developers interested in improving the economics of a non-tracking system, adding RayTracker to a project generates up to 40% return on additional investment.  

Thus far, RayTracker has received purchase orders for 11 projects in 2010, and is expecting strong sales throughout the second half of the year. The company’s pipeline of quoted projects is now well over 1.5GW and it is continuing to ramp production throughout the rest of this year and into 2011 to meet expanding demand. Customers such as Martifer Solar, REC Solar, groSolar and others have included RayTracker in their 2010 projects.

“As the credit crunch continues to thaw, we’re seeing an increased and strong demand from project developers looking for ways to improve the performance and economics of their new solar installations,” said Mark Henderson, President of RayTracker, Inc. “With our product’s position as the industry’s most bankable horizontal single axis tracker available to solar EPC companies, we are asked to bid on an average of 10MW of new projects per day, and our pipeline indicates we will see a strong growth trend continuing into the future. Our factories are currently running at 7MW per month and we have recently increased our capacity to 25MW per month of total capacity to cover our expanding growth.”

RayTracker offers the only Utility Grade horizontal single-axis tracker with Distributed Actuation Architecture™, where each row is independently controlled. Similar to the reasons why computer server farms long ago replaced mainframe computers, this architecture was developed and chosen by RayTracker for its fundamentally stable system-level energy output. Distributed Actuation Architecture also offers fewer moving components, lower gearing loads, and tighter verified array-level tracking accuracy vs. alternative architectures.

“RayTracker GC has achieved a field reliability of 0.9997, which is unparalleled in the industry,” said Matt Schneider, head of the RayTracker Engineering team. “This is 30 times more reliable than what is provided with typical inverter uptime guarantees, and proves the success of our proprietary reliability verification program and the inherent system stability of the RayTracker signature Distributed Actuation Architecture.”

“We continue to hear from project developers that horizontal single-axis trackers are an essential part of new PV installations,” said JP Labrosse, VP of Marketing and Product Development. “Moving forward, our technology roadmap is firmly focused on converging with the total lifetime cost per Watt of non-moving systems. This is readily achievable through implementation of RayTracker IP, and innovations that have been developed by our team over the course of the past eight years. This cost-convergence will allow us to continue to expand our market, push financial returns even higher, and deliver even more value to our customers.”

“We’re thrilled with the tremendous progress RayTracker has made and the fantastic market response. Idealab, as a key investor, is excited about participating in its continued growth,” said Bill Gross, founder of Idealab and chairman of the RayTracker Board of Directors. “When economics matter, you have to track the sun, and RayTracker was founded to make the most reliable, lowest cost solar energy ever. With RayTracker, in combination with low cost panels, solar energy is finally ready to take to huge scale right now.”



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