Deriva Energy has acquired Spanish Peaks Solar, a 140 MW solar project in Las Animas County, Colo., from power developer JUWI.
With the addition of the site, Deriva Energy will own and operate 388 MW in Colorado and is set to provide energy to Tri-State Generation and Transmission Association through a 19-year PPA.
“We are excited to announce the successful acquisition of this promising solar project,” says Chris Fallon, Deriva Energy president. “This project underscores our commitment to implementing solutions for a viable energy future. We are thrilled to collaborate with JUWI again in Colorado to create job opportunities, provide clean energy solutions for Tri-State customers, and support the economic growth of Las Animas County.”
Spanish Peaks commenced construction and is expected to come online in the last quarter of this year. JUWI is responsible for the engineering, procurement and construction of the project. Solar modules will be procured by Deriva, who will own the plant and share operations and maintenance responsibilities with JUWI.
Tri-State Generation and Transmission Association Tri-State is a not-for-profit power supply cooperative of 45 members and includes 42 utility electric distribution cooperative and public power district members in four states.
The post Deriva Energy Closes On Spanish Peaks Solar Acquisition appeared first on Solar Industry.
Do savvy investors take advice from right-wing Trump-supporter talk-show hosts?
“This is the age of faith, of hope and of God,” he says.
And of gold too, I guess.
Even a few years ago, solar panels were not as popular as they are today; however, the scenario has changed, and solar energy has become one of the fastest-growing solutions to rising electricity costs and climate concerns.
With this growth, many solar companies have entered the Australian market, and one name that keeps standing out is REC.
Known for their excellent solar panel efficiency, incredible durability, and long-term performance, they’ve become one of the most talked-about brands in the country.
But is REC the most dependable solar? Does it live up to the hype when compared to its competitors, such as SunPower, LG, and Trina?
If these questions also cross your mind, then follow along, because in this post, we’ll explore some key points that separate REC from the rest and find out if it is the most dependable solar option for Australians.
Ready to find out if REC is the real deal? It’s time to dive in!
Overview of REC: Who is REC & What is their Position in Australia?
Originating from Norway, REC Group is now owned by Reliance Industries, and the company manufactures panels mainly in
Singapore and Norway.
This award-winning solar company, with a Tier 1 title, was founded in 1996 and has grown to become a leading
innovator in solar PV technology.
However, Australia is one of REC’s important markets. Several solar installers here regularly evaluate panel brands,
and REC often ranks near the top in installer surveys, particularly for
top-notch quality and first-rate after‑sales support.
The company employs over 2,000 people and operates an advanced manufacturing plant in Singapore.
Typically, REC produces approximately 1.5 GW of solar panels per
year. REC is still growing, although it remains small in comparison to the massive Chinese solar manufacturers. The
company is also a leader in sustainability within the industry.
The operations headquarters and manufacturing facilities are in Singapore. And the new parent company, Reliance New
Energy Solar, is part of the Indian conglomerate Reliance Industries as of 2021.
The company has several offices worldwide, including one in Melbourne’s CBD. REC is a fully vertically integrated
company. Therefore, they manufacture everything from silicon ingots and wafers to cells and complete module
assemblies.
Since they make everything in-house, it gives them complete control over the quality and traceability of all
components.
REC claims to have the industry’s lowest warranty rate. It is a big claim and difficult to verify. But given the
overwhelmingly positive feedback, they are definitely known to produce highly reliable and high-performing panels.
Especially, they are known for their effectiveness in the harsh Australian
climate, with very few known quality issues.
Also, the REC Certified Solar Professional Program allows them to offer their customers longer warranty periods,
including a product and labour warranty of up to 25 years.
Overview of REC: Who is REC & What is their Position in Australia?
Originating from Norway, REC Group is now owned by Reliance Industries, and the company manufactures panels mainly in Singapore and Norway.
This award-winning solar company, with a Tier 1 title, was founded in 1996 and has grown to become a leading innovator in solar PV technology.
However, Australia is one of REC’s important markets. Several solar installers here regularly evaluate panel brands, and REC often ranks near the top in installer surveys, particularly for top-notch quality and first-rate after‑sales support.
The company employs over 2,000 people and operates an advanced manufacturing plant in Singapore.
Typically, REC produces approximately 1.5 GW of solar panels per year. REC is still growing, although it remains small in comparison to the massive Chinese solar manufacturers. The company is also a leader in sustainability within the industry.
The operations headquarters and manufacturing facilities are in Singapore. And the new parent company, Reliance New Energy Solar, is part of the Indian conglomerate Reliance Industries as of 2021.
The company has several offices worldwide, including one in Melbourne’s CBD. REC is a fully vertically integrated company. Therefore, they manufacture everything from silicon ingots and wafers to cells and complete module assemblies.
Since they make everything in-house, it gives them complete control over the quality and traceability of all components.
REC claims to have the industry’s lowest warranty rate. It is a big claim and difficult to verify. But given the overwhelmingly positive feedback, they are definitely known to produce highly reliable and high-performing panels.
Especially, they are known for their effectiveness in the harsh Australian climate, with very few known quality issues.
Also, the REC Certified Solar Professional Program allows them to offer their customers longer warranty periods, including a product and labour warranty of up to 25 years.
Your Solution Is Just a Click Away
The post Is REC The Most Dependable Solar appeared first on Cyanergy.
The cartoon here harkens back to our earlier post about Antifa, i.e., it’s an organization in the same sense as the stoics or the Eagles fans: no headquarters, leaders, members, or dues.
Certain right-wing Americans can’t seem to understand this.
On What Basis Are You Bullish on Gold?
Is REC The Most Dependable Solar
Antifa
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