30+ Years Now Estimated Lifespan of US Solar Plants

Over 76 gigawatts of solar has been installed in the United States to date. For perspective, the estimated output reduces the same carbon emissions as planting over 10.6 million mature trees or reducing the consumption of over 72.5 million gallons of gasoline.

The industry itself really started booming after the implementation of the 2006 federal investment tax credit (ITC) to ease the cost of going solar – providing a 30% tax credit against the cost of every purchased system array. 2020 marks the first year that the legislation mandates the percentage to decrease to 26%, and that number will continue incrementally decreasing to 10% by 2026.

Solar power, as of now, is as affordable as it ever will be in the foreseeable future. The uncertainty of tax credits, paired with an unpredictable grid infrastructure, may create a sense of urgency to increase solar adoption in the US this year. Luckily, this sense of financial urgency is met with a new report from Berkeley Lab:  Solar plants are getting even more affordable to maintain with longer operating lifespans. This is great news for the 2,500+ solar plants throughout the country and anyone receiving electricity from them.

In 2007, the assumes lifespan for utility-scale solar plants were roughly 21.5 years. Today, that lifespan is projected to be upwards of 32.5 years – and while O&M costs are currently considered “rock bottom” after the industry was able to slash costs by up to 50%, a substantially longer life for modules means a lot more power output for the initial investment. Most financial agreements last about 20-25 years, but the system itself is always paid off well before reaching a second decade.

As the solar industry continues to evolve and mature, the focus is slowly being pivoted toward optimizing the performance in the long run vs additional cost-cutting, according to a recent quote from Wood Mackenzie Power & Renewables principal analyst, Daniel Liu. “The thinking is that in some cases, O&M costs may be higher, but the tradeoff is that overall plant availability – and therefore energy production – will increase.”

These findings are yet another step in the right direction toward mass solar and storage adoption that will not only provide more reliable and sustainable energy, but will continue to serve as a method to combat climate change.

Sources:

https://www.greentechmedia.com/articles/read/solar-plants-expected-to-operate-30-years

https://emp.lbl.gov/news/new-study-finds-increase-expected-useful-life

https://www.eia.gov/todayinenergy/detail.php?id=38272

Suntuity Presents Free Jordan Belfort Live Virtual Training Series About Earning Income from Home

Jordan Belfort (https://jordanbelfort.com), celebrity author and motivational speaker that inspired the Oscar-nominated film The Wolf of Wall Street, is scheduled to conduct a multi-episode virtual training series with a focus on teaching effective remote work strategies that can help inspire and guide individuals towards maximizing their income from the comfort of their own homes.

The free Virtual Training Series, hosted by Suntuity Solar (https://suntuitysolar.com), was brought to fruition following a decision to cancel the previously-scheduled live seminar in Atlantic City, New Jersey due to the COVID-19 pandemic. The purpose of this series is to enable any individual to generate a home-based income by leveraging clean solar power as a mainstream energy source and utilizing competitive business practices remotely.

“Great leaders see difficult times as an opportunity,” said Belfort. “I’m thrilled to partner with Suntuity on these massive Virtual Training Events to equip you with the tools and strategies to master the art of distance selling during this pandemic, increase your sales initiatives with proven solutions, and ensure you not only survive but also thrive in any economic situation.”

The initial series will commence starting April 20th, 2020 through April 24th, 2020, and will include a live Q&A/Mastermind session from Jordan. There are also other notable guest speakers that will join the series with updates announced on https://jbevent.suntuity.com/straightline. Additional plans for a second and third virtual training series are slated for May and June respectively, with dates to be determined.

“We are thrilled to offer the series to anyone that has the drive and the need to make a difference in their lives given the current situation. The series are free and the lessons learned are invaluable. You have nothing to lose other than a few hours of your time, so give it a shot,” said Dan Javan, CEO of the Suntuity Group of companies.

All participants will have access to a daily training session with Jordan Belfort which include the following topics: “All Success Begins with Your Mindset”, “Straight Line Sales – Everything in Life is Selling”, “Straight Line Marketing & Social Media”, “Straight Line Persuasion & Negotiation”, ending with the live Q&A.

All interested individuals can review the dates, itinerary details and register at: https://jbevent.suntuity.com/straightline.

About Suntuity Solar
Suntuity Solar (https://suntuitysolar.com) is the residential solar division of the Suntuity Group of companies, a conglomerate of renewable energy, finance, technology and UAV services that has developed, built and managed hundreds of megawatts of energy projects across the globe. Suntuity Solar brings clean, affordable residential solar power to thousands of homeowners across the US with operations in multiple US states.

About Jordan Belfort
Jordan Belfort (https://jordanbelfort.com), aka “The Wolf of Wall Street” is a New York Times best-selling author, renowned motivational speaker on a global level, and the world’s #1 sales trainer. He has created more million-dollar producers, aka more millionaires, than any other sales coach in history. His book, The Wolf of Wall Street, was adapted into a blockbuster feature film directed by Martin Scorsese and starring Leonardo DiCaprio. And his revolutionary, one-of-a-kind Straight Line Sales System has been widely accepted as the most powerful and effective sales training system ever conceived.

This press release was published by Suntuity Solar, a Suntuity company. The release was originally published on PRWEB.

Disclaimer:
The information in this release has been included in good faith and is for general purposes only. It should not be relied upon for any specific purpose and no representation or warranty is given as regards to its accuracy or completeness. No information in this press release shall constitute an invitation to invest in neither Suntuity Solar nor any of its affiliates. Neither Suntuity, nor Suntuity Solar nor their affiliates’ officers, employees or agents shall be liable for any loss, damage or expense arising out of any action taken on the basis of this press release, including, without limitation, any loss of profit, indirect, incidental or consequential loss. All Trademarks are the property of their individual owners.

Suntuity CEO Dan Javan to Discuss US Residential Solar with Leaders of Quickmount PV, Sunlight Financial, & Gexpro

ROTH Capital Partners has announced hosting a public conference call on March 31, 2020 at 10AM EST with Suntuity CEO Dan Javan (https://suntuitygroup.com), Yann Brandt, CEO of Quick Mount PV (https://quickmountpv.com) and editor of SolarWakeup (https://solarwakeup.com), Sunlight Financial CEO Matt Potere (https://sunlightfinancial.com/), and Strategic Account Manager of Gexpro (https://www.gexpro.com/usg/), Chuck Norris. The call is open to anyone in the industry, and institutional investors.

Per ROTH Capital, the call will be able to provide some insight to the most current updates US residential solar market. Topics of discussion will include the most up-to-date results from Mr. Brandt regarding residential solar sales, installer operations, the industry supply chain, permitting status, loan financing, and the overall opinion of homeowners.

CALL DETAILS:

Tuesday, March 31st, 2020

10AM ET/15:00 London/7AM PT

US Dial-in Numbers:   800-239-9838   or   323-794-2551.  Passcode: 3273973.

Please call in 5-10 minutes ahead of the call time.

Please reach out to CorporateAccess@roth.com for an international dial-in number.

About Suntuity Group

The Suntuity Group of companies comprise of a conglomerate of global renewable energy, finance, technology, and UAV service companies that develop, build and manage assets of 275+ megawatts of energy projects across the globe. Founded in 2008 and headquartered in Holmdel, New Jersey, the Suntuity Group currently operates in 8 countries and 10 US States.

About Quick Mount PV

Quick Mount PV is a part of Esdec Group, the largest solar mounting systems group in the U.S. Esdec Group owns Quick Mount PV, IronRidge, and EcoFasten. With these three companies, Esdec has more than 60% share of the U.S. residential market and sales of over $250mn annually. Esdec was founded in 2004 and is also one of Europe’s largest rooftop solar mounting providers.

Readers are encouraged to sign up for SolarWakeup’s daily newsletter here, which provided timely updates on the latest development in the solar industry.

About Sunlight Financial

Suntuity Financial is specialty finance company that has funded more than $2bn in loans for home improvement upgrades and residential solar systems. Sunlight is a technology-enabled point-of-sale, specialty finance company that partners withcontractors nationwide to provide homeowners with financing.

About Gexpro

Gexpro, a part of Rexel (https://www.rexelusa.com/usr/), is one of the world’s largest electrical distributors. The company provides a range of solar and energy products for large residential, commercial, and utility contractors.

How America Is Seeing A Resurgence In Large Scale Solar Production

The future is always an exciting prospect. On a macro scale, human and technological advancements can see a net positive result of progress, knowledge, and humanitarian enlightenment across not just one country, but the entire globe.

But when it comes to energy production, it’s easy for the debate between clean and fossil-fuel energy to seem much more grim. That’s because renewables are trying to solve a problem, and fossil fuel profits are trying to perpetuate it.

Nevertheless, there’s reason to look on the bright side. Solar energy may have seemed like a fever dream in the 90s, but today, over 100 cities are almost entirely powered by solar energy. That’s significant progress, and the good news doesn’t stop there. Solar energy capacity has increased by 60% in the past 5 years, and the US and China account for two-thirds of global growth in solar power

As one of the two biggest leaders in the race to adopt cheaper/cleaner renewable energy, the US government is, despite words to the contrary, seeking to get a step ahead China with the recently approved 3,000-ache solar farm in Palm Springs, California. The new solar farm will produce 450 MW of energy – enough to power 117,000 homes.

America used to have the largest solar farm in the world, which produces enough energy to power 250,000 homes, but large solar farm construction has given way to residential solar growth as other countries began to outpace America’s large-scale solar development.

Currently, America’s largest solar farms only rank 9th and the 10th largest in the world, but large solar farms are experiencing a resurgence. Thanks to community solar programs, large solar farms are being used to power entire communities at discounted prices that can’t afford individual panels on each of their homes. And large solar farms aren’t reserved only for the sunniest states – a project in Iowa recently began development of three large solar farms that will account for 750 megawatts for the state alone.

With the resurgence of large-scale solar development in America, we can look to the future for the potential for success while simultaneously recognizing the status-quo’s penchant for failure

But no matter if you the glass half full or half empty, there’s no mistaking that the future of solar energy is bright.

Article Sources: https://www.nationalgeographic.com/environment/energy/reference/fossil-fuels/

https://www.originenergy.com.au/blog/did-you-know-there-are-now-more-than-100-cities-mostly-powered-b/

https://finance.yahoo.com/news/trump-approves-first-solar-mega-121904204.html

https://time.com/5128572/donald-trump-clean-energy-research/

https://www.seia.org/solar-industry-research-data

https://www.seia.org/initiatives/community-solar

https://www.originenergy.com.au/blog/did-you-know-there-are-now-more-than-100-cities-mostly-powered-b/


The Effects of Climate Change We are Living with Right Now

Fires, floods, drought, death – our world is already in peril and we’re running out of time to reduce the effects of climate change that we’re already experiencing.

California suffered from another spate of wildfires last year. And it seems that about 90% of wildfires in the state are started by humans, or their equipment. Even when winds are high, vegetation is dry or temperatures are soaring, there needs to be some kind of ignition to jumpstart these wildfires. This statistic expands beyond the borders of California, though. Researchers found from 1992 to 2012, human activity was responsible for 84% of wildfires, and 44% of the area that burned, nationally.

Australia, also in the news recently, has already seen its fair share of climate change-related devastation with all the damage that’s been done to the Great Barrier Reef from marine heat waves. The southern part of Australia has warmed by 2.7 degrees since 1950, a statistic consistent with worldwide human-caused warming trends. Coupled with an unusually warm and dry year, Australia has also been experiencing the effects of a weather pattern known as the Indian Ocean Dipole (IOD) for the past two years. One main effect is reduced rainfall and drier-than-average conditions, which is fueling the bushfire devastation sweeping the country. The fact that this pattern has been in play for two years in a row is unusual, according to the Bureau of Meteorology. In addition, smoke from these fires have even traveled to South America, over 9,000 miles away.

According to NBC News, approximately 32,4000 square miles (as of January 7th) have burned, exceeding the area of land burned during the Amazon rainforest fires of 2019 by 5,000 square miles. In comparison, 405 square miles of land burned during California’s wildfires.

Climate change is actively affecting us in other ways as well, including the food we all eat. The CO2 accumulating in the atmosphere due to the presence of fossil fuels is changing the composition of fruits and vegetables; in turn, it makes them less nutritious. All of the extra CO2 is speeding up photosynthesis and causing plants to grow with more sugar and less zinc, protein, and calcium, among other important vitamins. Coffee supply is also suffering in Brazil — the world’s largest coffee producer. Frequent rainstorms cause typical growing areas to be less suitable to house the crops.

Have you noticed you’ve been sneezing more frequently? That’s because allergy seasons are becoming longer and more intense. As temperatures warm, plants release pollen; as this is happening at times when allergies aren’t persistent, the season is extended. If greenhouse gas emissions continue to increase through the end of the century, it could extend the oak pollen season (for example) by up to 8 days in certain areas.

Relief is a distant concept at this point. As the fires ravage, the floods pour in, and the weather warms, the environment will be reshaped forever – but we can help slow the negative effects. What can you do personally? Every little bit counts: Recycle. Adopt the use of renewable energy. Take public transportation. Consider plant-based foods. Be conscious of energy use and try to cut back where you can.

If we can all pitch in and make even little changes, they will eventually go a long way. Let’s help save the world while we can.

We encourage you to help by contributing to organizations like these:

Sources:

https://www.nbcnews.com/news/world/australia-wildfire-bushfire-size-2020-n1112006

https://www.washingtonpost.com/weather/2020/01/04/record-shattering-heat-strong-winds-cause-australias-bush-fire-crisis-escalate/

https://www.washingtonpost.com/weather/2020/01/06/never-seen-anything-like-it-australia-bush-fires-are-generating-vast-areas-violent-weather/

https://www.latimes.com/environment/story/2020-01-05/human-caused-ignitions-spark-california-worst-wildfires

https://www.climaterealityproject.org/blog/7-effects-climate-change-already-seeing

IDRLC and Suntuity to Host the Largest Indoor Drone Racing Event in the US at the Atlantic City Convention Center in New Jersey

The Suntuity Group of companies has announced its sponsorship of the IDRLC (https://IDRLC.com) Open Class and Brushed Micro Racing series with its first event to be held at the Atlantic City Convention Center in New Jersey from June 27th to June 30th, 2019. The event will be one of the largest of its kind both due to the course design and the prize purse. Suntuity’s AirWorks division will co-host several such events across the US in 2019. Suntuity AirWorks provides drone financing and UAV services through its nationwide network of operators and dealers and is on the forefront of drone and UAV technologies.

International Drone Racing Limited (IDRLC) is a drone racing championship organization dedicated to bringing exceptional drone pilots together and encouraging their talent.

The IDRLC held its first major event on Atlantic City’s North Beach over Father’s Day weekend. The race drew in a multitude of drone racers from the US, Korea, Italy, Australia and several other countries outside of the United States. The IDRLC anticipates an even bigger turn out for the indoor events, with current top global racers including Evan “headsupfpv” Tuner, Soren “phatkidpv” Monroe Anderson, Patrick “engiair” White, SunJu Park, Mark “shelbyvoll” Vollrath, Jason “vango” Glaze, and Anthony “blitz” Gennello.

Open Class Racing and Brushed Micro Quad Racing will both be held on a 300,000 square foot indoor racing course at the Atlantic City Convention Center from June 27th-June 30th, over the same weekend as the Vans Warped Tour located just a few minutes away on the beachfront. The event is being organized with one of the largest indoor racing courses and prize pools in US history ─ and the first of its kind in Atlantic City.

The event will incorporate a professionally designed, highly challenging course with multiple race lanes established for simultaneous flights. With a much larger $52,000 prize pool than the initial Spec Wing Race, first and second place winners will receive $17,000 and $12,000, respectively. The prize pools are being sourced through the IDRLC’s sponsorship with Suntuity.

Spectators who attend the event to watch the races will also be able to fly micro drones with the assistance of professional racers. Tickets to the event can be purchased at the door or through Ticketmaster.

During the Open Class event, the Atlantic City Convention Center will also provide drone certification details offered by the Suntuity University, the comprehensive drone and solar academy training division of the Suntuity Group of companies.

To stay up to date on the IDRLC, please visit us online at https://IDRLC.com and Facebook, Instagram @iDroneRacing, Twitter @DroneRacingLC & LinkedIn.

To stay up to date on Suntuity, please visit us online at https://suntuitygroup.com and https://suntuitysolar.com, and Facebook, Instagram @SuntuitySolar, Twitter @SuntuitySolar, & LinkedIn.

To stay up to date on Suntuity AirWorks, please visit us online at https://suntuityairworks.com and Facebook, Instagram @SuntuityAirWorks, Twitter @SuntuityAirWork & LinkedIn.

About IDRLC
International Drone Racing Limited (IDRLC) was founded with one purpose: To unify and encourage all drone enthusiasts to be the best they can be at their profession or hobby. With members that span across the world, IDRLC is a multicultural organization that hosts racing events in multiple countries. To submit inquiries and interest in participating in IDRLC’s upcoming events, please fill out your information at http://www.idrlc.com/contact. If you’re interested in hosting an IDRLC event in your country or state, please reach out to Media Relations at communications@idrlc.com.

About Suntuity Group
The Suntuity Group is a conglomerate of renewable energy, finance, technology and UAV service companies that has developed, built and managed assets of 250+ megawatts of energy projects across the globe. Founded in 2008 and headquartered in Holmdel, New Jersey, the Suntuity Group currently operates in 8 countries and 10 US states. For more information, please visit: https://suntuitygroup.com.

About Suntuity AirWorks
Suntuity AirWorks is the UAV and Drone services division of the Suntuity Group of Companies, with drone and UAV service offerings in multiple countries and across the US. Its hardware and software platforms deliver state of the art industry-specific solutions from DJI, FLIR, Berkley and other reputable organizations. For more information on Suntuity AirWorks and its Dealer Program and Training Academy, please visit: https://www.suntuityairworks.com.

Suntuity Sponsors One of IDRLC’s Largest Spec Wing Drone Racing Events in Atlantic City, New Jersey

The Suntuity Group of companies announced today its sponsorship of the IDRLC’s (https://IDRLC.com) largest spec wing drone racing series in the nation. Suntuity’s Airworks division (https://suntuityairworks.com) will cohost several of IDRLC’s events across the US in 2019. Suntuity AirWorks provides drone financing and services through its nationwide network of operators and dealers and is on the forefront of drone and UAV technologies.

International Drone Racing Limited (IDRLC), is a drone racing championship organization dedicated to bringing exceptional drone pilots together and encouraging their talent.

The IDRLC held its first major spec wing racing event on the Atlantic City North Beach over Father’s Day weekend to a resounding success. The race drew in dozens of drone racers from the US, Korea, Italy, Australia and several other countries, and was streamed live over the internet. The race also included one of the largest prize pools for a race of its kind.

The first place winner was Creighton “CR810” Perry, and rest of the top ten winners were as follows:

2nd Place: Christopher “Limey” Coles
3rd Place: Andrew “Reklaw” Walker
4th Place: Tito “Funky Cold” Medina
5th Place: Sean “Vanguard” Mikuen
6th Place: Jeremiah “Bond” Guelzo
7th Place: Jason “Vango” Glaze
8th Place: Anthony “Toro FPV” Garcia
9th Place: Tyler “Darbage” Daryby
10th Place: Anthony “Blitz” Genello
“We are thrilled about the success of the beach event and thankful for our sponsorship with Suntuity,” said Richard Rodriguez, Race Director for the IDLRC. “The event’s location in Atlantic City brought about its own set of challenges, which further highlighted the exemplary skills that the IDRLC pilots had to have in order to navigate the courses. This is something that was showcased by its top winners.”

IDRLC’s upcoming Open Class and Brushed Micro Drone Racing events will both be held at the Atlantic Convention Center’s 300,000 square foot indoor racing course from June 27th-June 30th, over the same weekend as the Vans Warped Tour located just a few minutes away on the beachfront. The event is being organized with one of the largest indoor racing courses and prize pools in US history — and the first of its kind in Atlantic City. Spectators who attend the event to watch the races will also be able to fly micro drones with the assistance of professional racers. Tickets to the event are $20 per day or $15 per day for multiple days, which can be purchased at the door or through Ticketmaster. Vans Warped Tour attendees are encouraged to participate in drone racing in between sets of their favorite musical acts.

Stay tuned for another media announcement that will include more in-depth detail about the upcoming races. Drone enthusiasts are further encouraged to participate in IDRLC events by becoming an IDRLC member. All AMA (Academy of Model Aeronautics) members will receive a discount on their IDRLC membership by providing IDRLC with proof of AMA membership.

To stay up to date on the IDRLC, please visit us online at https://IDRLC.com and Facebook, Instagram @iDroneRacing, Twitter @DroneRacingLC & LinkedIn.

To stay up to date on Suntuity, please visit us online at https://suntuitygroup.com and https://suntuitysolar.com, and Facebook, Instagram @SuntuitySolar, Twitter @SuntuitySolar, & LinkedIn.

To stay up to date on Suntuity AirWorks, please visit us online at https://suntuityairworks.com and Facebook, Instagram @SuntuityAirWorks, Twitter @SuntuityAirWork & LinkedIn.

About IDRLC
International Drone Racing Limited (IDRLC) was founded with one purpose: To unify and encourage all drone enthusiasts to be the best they can be at their profession or hobby. With members that span across the world, IDRLC is a multicultural organization that hosts racing events in multiple countries. To submit inquiries and interest in participating in IDRLC’s upcoming events, please fill out your information at http://www.idrlc.com/contact. If you’re interested in hosting an IDRLC event in your country or state, please reach out to Media Relations at communications@idrlc.com.

About Suntuity Group
The Suntuity Group is a conglomerate of renewable energy, finance, technology and UAV service companies that has developed, built and managed assets of 250+ megawatts of energy projects across the globe. Founded in 2008 and headquartered in Holmdel, New Jersey, the Suntuity Group currently operates in 8 countries and 10 US states. For more information, please visit: https://suntuitygroup.com.

About Suntuity AirWorks
Suntuity AirWorks is the UAV and Drone services division of the Suntuity Group of Companies, with drone and UAV service offerings in multiple countries and across the US. Its hardware and software platforms deliver state of the art industry-specific solutions from DJI, FLIR, Berkley and other reputable organizations. For more information on Suntuity AirWorks and its Dealer Program and Training Academy, please visit: https://www.suntuityairworks.com.

Suntuity Announces “GreenTech” Solution for Commercial Home Builders

Suntuity, a global solar developer, financier and EPCM headquartered in central New Jersey, has announced a “GreenTech” Solutions package for commercial home builders that is designed to upgrade a standard home into an efficient, renewable energy driven structure that can serve as its own microgrid.

Suntuity, through its subsidiary Suntuity Solar, provides the turnkey solution that is fully financed and includes equipment such as solar panels, battery storage, and/or EV charging stations. Suntuity Solar, through its relationship with Tesla, also offers the Tesla Powerwall for eligible homeowners. The solution includes complete design, support, project management and accounting services for its GreenTech Solutions Dealers.

“GreenTech Solutions are important for our energy future,” said Suntuity’s Director of Business Development, David Christophersen. “With the increase of green energy adoption and the rise of smart homes, it’s apparent that more and more homeowners acknowledge the importance of energy efficiency and autonomy while lowering the carbon footprint to help slow climate change.”

Suntuity’s GreenTech financing solutions ensure that most homeowners can qualify for its renewable and energy efficiency package. A study released by the Lawrence Berkeley National Laboratory found that solar panels can also significantly increase the value of a home due to both electricity cost savings and the “green cachet” associated with solar PV. According to the report:

“Home buyers consistently have been willing to pay more for a property with PV across a variety of states, housing and PV markets and home types … The study found that the “PV premium” adds about $4 per watt, or roughly $15,000 to the value of a home, based on an average-sized 3.6-kilowatt system. The premium holds across various states, housing and PV markets, and home types.”

In addition to the solar portion of the GreenTech Solutions package, the growing consumer adoption of electric cars like the Tesla and the increasing awareness of climate change offers a new marketing opportunity for custom home builders and other renewable energy businesses. According to a recent Bloomberg NEF report, over 2 million electric vehicles were sold worldwide in 2018.

The GreenTech Solutions package is available exclusively through Suntuity-certified home builders. For inquiries about pricing and becoming a Suntuity GreenTech Solutions Dealer, please contact David Christophersen via email at david.christophersen(at)suntuity(dot)com.

About Suntuity Solar
Suntuity Solar is the residential division of the Suntuity Group of companies that develops, finances, builds, owns and operates residential, commercial, and utility-scale renewable energy solutions around the world. Suntuity Solar brings clean, affordable residential solar power to thousands of homeowners across the US with operations in multiple US states. For more information, please visit https://suntuitysolar.com.

Disclaimer:
The information in this release has been included in good faith and is for general purposes only. It should not be relied upon for any specific purpose and no representation or warranty is given as regards to its accuracy or completeness. No information in this press release shall constitute an invitation to invest in neither Suntuity nor any of its affiliates. Neither Suntuity, nor their affiliates’ officers, employees or agents shall be liable for any loss, damage or expense arising out of any action taken on the basis of this press release, including, without limitation, any loss of profit, indirect, incidental or consequential loss. All Trademarks are the property of their individual owners.

Suntuity™ Commences work on one of New Jersey’s Highest Efficiency Solar Systems

Press Release published by Suntuity

Holmdel, NJ, 14 October 2011: Suntuity™ announced today that it has commenced work on one of New Jersey’s highest efficiency roof based solar energy solutions for Holmdel Investments in Holmdel, NJ.

The solution would include the use of SunPower® T-5 roof-preserving fully ballasted roof tiles that are designed to deliver the highest energy per square foot of roof space and Satcon Inverters that are world renowned for their high efficiency. In addition, Suntuity™ will leverage state of the art web and kiosk based monitoring systems that would combine real time system performance and meteorological data to verify and optimize the output of the solar system. The system will be monitored onsite as well as remotely from Suntuity’s Operations centers. 

The high efficiency solar system would produce up to 50% more power than a standard efficiency solar solution that utilizes polycrystalline solar panels. The 133 kWp DC solar project would offset a sizeable percentage of Holmdel Investment’s on site consumption including peak demand charges. 

The combination of components along with leading edge solar design and engineering would make this commercial roof top solar solution one of the highest efficiency solutions in the State of New Jersey.

ABOUT SUNTUITY™ 

Suntuity designs, builds and maintains solar and wind energy solutions for residential, commercial and utility-scale markets around the world. Using innovative financing solutions, in-depth technical expertise, global experience and embedded process knowledge, they deliver the best quality products and solutions that maximize the output and return on investment for their clients. Their teams of Professional Engineers, Certified Project and Construction Managers, Delivery personnel and Support staff are strategically positioned to deliver global turn-key solutions. 

Through the use of Innovative Business Practices, Suntuity™ makes Best-in-Class Renewable energy products and solutions affordable. For more information on how you can install a residential or commercial solar solution, visit https://www.suntuity.com or call 1-855-SUNTUITY.

Aurobindo

Suntuity Delivers One of New Jersey’s Largest Rooftop Solar PV Systems at Aurobindo Pharmaceuticals

Suntuity, a global turnkey solar energy solutions provider headquartered in central New Jersey, has delivered one of the state’s largest contiguous rooftop solar PV systems at Aurobindo Pharmaceuticals’ new half a million square-foot warehouse facility in East Windsor. The installation compliments Aurobindo’s continued commitment to sustainability and reducing their carbon footprint in correlation to their other solar arrays, including a 30 megawatt (MW) solar power plant in India.

“We procured, engineered and installed enough solar panels on the facility’s roof to offset about 50% of the location’s expected average yearly electric consumption,” said Dan Javan, CEO of Suntuity. “We’re excited to continue on the path of building sustainable business practices that directly affect the bottom line of our customers and partners, which include pharmaceutical giants like Aurobindo Pharmaceuticals.”

The nearly 17,000 Solar World panel installation (which is now owned by California-based solar manufacturer SunPower) boasts a capacity of over 5.5 megawatts (MW) with an estimated annual output of over 6,000 megawatt-hours (MWh) projected within the first year of activation. This is enough power to operate over 600 average US homes for an entire year. From an environmental perspective, the system reduces the annual carbon emissions equivalent to over 1,000 vehicles and 5 million pounds of burnt coal. The solar PV installation is one of many similar commercial and utility-scale projects completed by Suntuity worldwide.

About Suntuity Group
Suntuity, founded in 2008, is part of the Suntuity Group of companies that develops, finances, builds, owns and operates residential, commercial, and utility-scale solar energy solutions around the world. The company is strategically positioned with industry-leading financing and technology that streamlines solar power as a viable energy alternative for several mainstream power options. With innovate financing solutions, in-depth technical expertise and a global presence, Suntuity consistently delivers best-in-class products, services and system performances. The Suntuity Group of companies cover multiple verticals in the renewable energy and technology space including finance, manufacturing, sourcing, EPCM, electrical and UAV drone services. For more information on Suntuity, please visit https://suntuity.com.

About Aurobindo Pharma Limited:
Aurobindo Pharma Limited, headquartered at Hyderabad, India, manufactures generic pharmaceuticals and active pharmaceutical ingredients that are exported to over 150 countries around the globe. For further information, visit https://aurobindo.com.

Disclaimer:
The information in this release has been included in good faith and is for general purposes only. It should not be relied upon for any specific purpose and no representation or warranty is given as regards to its accuracy or completeness. No information in this press release shall constitute an invitation to invest in neither Suntuity nor any of its affiliates. Neither Suntuity, nor their affiliates’ officers, employees or agents shall be liable for any loss, damage or expense arising out of any action taken on the basis of this press release, including, without limitation, any loss of profit, indirect, incidental or consequential loss. All Trademarks are the property of their individual owners.

© Suntuity 2019. All rights reserved. Suntuity is a registered trademark of Natural Power Sources LLC D|B|A Suntuity. A solar power system is customized for each home, so pricing and savings vary based on location, system size, roof condition and roof space, azimuth, tree location, government rebates, and local utility rates. Savings on your total electricity cost is not guaranteed. Financing terms and warranties vary based on location and are not available in all areas.*

HIC #: 13VH06366300.