SunPower Corp announced they have smashed another efficiency barrier with their X series solar panels pumping out 24.1%. Higher efficiency benefits residential home solar power because it generates greater power production from a smaller system footprint on the roof, or wherever space may be at a premium.
SunPower Corp (SPWR) announced the launch of their new residential home solar power product called SunPower Equinox, an integrated system of optimized components delivering high power, streamlined racking and wiring, along with strong aesthetic appeal and smart energy management. The company claims 70% more energy with 70% fewer visible parts compared to conventional solar.
Sunpower Corp. ( SPWR) announced today they have smashed installation times to a record two and a half times faster than the competition for Commercial Solar Panel Installations. The Sunpower Helix Roof ST system installs at over "33 panels per hour" according to the company, using an innovative "plug and play" architecture greatly simplifying installation while increasing reliability.
SunPower Corp. and Citi today announced a new fund to finance approximately $105 million in residential solar lease projects. According to the announcement, the lease program will be available to qualifying homeowners in eight states: Arizona, California, Colorado, Hawaii, Massachusetts, New Jersey, New York and Pennsylvania.
Here's a requisite sound bite:
"Citi's global financial leadership combined with SunPower's leading technology and quarter century of experience offer customers an unprecedented level of assurance that is vitally important when a homeowner enters into a 20-year lease agreement," said SunPower CFO Dennis Arriola. "We are proud to partner with Citi, and applaud its commitment to promoting the use of solar power."
Solar leases enable homeowners to pay a monthly fee for their solar home energy system rather than buy it outright. The approach makes good financial sense in those parts of the country where
Designed and built by SunPower Corp., the 6-megawatt solar power system is connected to Colorado Spring Utilities' electricity grid. In its first year of operation, the array is expected to generate enough electricity to power the equivalent of 1,200 average American homes each year -- or about 12,000 megawatt-hours.
Speaking at the inaugural event, Academy Superintendent Lt. Gen. Michael C. Gould (pictured above) emphasized that the project was made possible in large part thanks to a partnership between the Air Force and the local community, according to U.S. Air Force News:
Earlier in the week I took a look at which brands of solar panels have been top choices for residential solar energy systems in California. We found that three manufacturers -- SunPower, Sharp Solar and BP Solar -- have accounted for about half of all residential solar energy systems, judging from the number of rebate applications received under California's main solar incentive program.
The data reviewed on Tuesday go all the way back to 2006, when that incentive program -- the California Solar Initiative -- was launched. I suggested at the end of my previous post that a peek at more recent numbers only would reveal "a rise in the number of installations from manufacturers like Suntech Power, Canadian Solar and Trina Solar relative to makers like Evergreen Solar and SolarWorld."
Well, here's what the numbers look like since 2010:
This morning, I got to tinkering around with some numbers from California Solar Statistics, a program of the state's Energy Commission and Public Utilities Commission. What did I find?
Well, beyond a wealth of details on system size, average installed cost and California solar incentives, I verified that most solar home energy systems in the state use name-brand panels from large, well established manufacturers.
Here's a breakdown of all California residential photovoltaic (PV) systems, by solar panel manufacturer:
Thanks to an agreement between SunPower, a leading solar-panel manufacturer and project construction company, and Colorado Springs Utilities (CSU), the U.S. Air Force Academy (USAFA) will soon host a 6-megawatt (MW), 30-acre solar energy system. If all goes according to plan, the new Colorado solar installation will be fully operation by summer 2011.
SunPower Corporation, a leading manufacturer of solar panels, will soon improve Arizona's already impressive solar power portfolio. The company has started construction of a 3.5-megawatt (MW) solar energy system atop the Macy's fulfillment center in Goodyear, Arizona. When completed, it will be the largest single-rooftop solar energy system in the U.S., according to a company statement.
We talk a lot on this blog about how solar panels can cut monthly electricity costs and, in some states (like New Jersey, California, Arizona, Hawaii, Colorado and Pennsylvania) offer homeowners a stunningly attractive return on investment. Sometimes it's worth remembering, however, that solar panels produce clean, emissions-free electricity. In other words, solar power can be good for your checkbook and for the environment.