AUGUST 24, 2016 | SAN LUIS OBISPO, CALIFORNIA
REC Solar, a leading provider of commercial solar and energy solutions, today announced the appointment of Matt Walz as chief executive officer.
Walz has worked at Duke Energy for 12 years and joins REC Solar after serving on the company’s board of directors. Walz’s appointment is an extension of Duke Energy’s commitment to provide affordable and accessible energy solutions to REC Solar’s commercial customers.
JULY 11, 2016 | SAN LUIS OBISPO, CALIFORNIA
REC Solar, a leading provider of commercial solar and energy solutions, today announced the expansion of its channel partner program to accelerate the commercial solar market. The program provides industry-leading financing options to a range of solar providers primarily targeting the small commercial market. By providing rapid financing and extensive deal support, REC Solar’s program is designed to make it easier for businesses to quickly enjoy the benefits of clean energy while helping partners accelerate sales.
APRIL 7, 2016 | SAN LUIS OBISPO & OAKLAND, CA
REC Solar, a national provider of commercial solar and energy solutions, and Sungevity, a leader in the global solar market, today announced a strategic partnership to help businesses of all sizes reduce energy costs. As part of the deal, the two leading solar providers will share sales leads appropriate to each company’s market focus to accelerate growth across the commercial sector.
DECEMBER 8, 2015 | CHARLOTTE, N.C.
Duke Energy Renewables is increasing savings for commercial solar customers through an alliance with Green Charge Networks, the country’s largest provider of commercial energy storage for retail, industrial and government customers. Green Charge Networks will work closely with REC Solar to market energy storage systems.
NOVEMBER 30, 2015 | PHOENIX, ARIZONA & RIVERSIDE, CALIFORNIA
The U.S. Army Reserve (USAR) and REC Solar today announced the interconnection of two solar energy carports totaling 280 kW at USAR offices in Arizona and California. The solar arrays support the Department of Defense’s (DoD) mandate of procuring 25 percent of its total facility energy from renewable sources by 2025.
NOVEMBER 2, 2015 | ANAHOLA, HI
REC Solar, a national leader in commercial solar and energy solutions, today announced the interconnection of a 12 MW AC (14.5 MW DC) solar array for Kaua‘i Island Utility Cooperative (KIUC). The utility-scale system is the largest in the state of Hawaii and REC Solar’s largest project to date.
OCTOBER 13, 2015 | PASO ROBLES, CA
REC Solar today announced the interconnection of two solar energy arrays totaling 388 kW at Niner Wine Estates in Paso Robles, Calif. Together, the systems will provide enough clean energy to power 100 percent of Niner’s 46-acre Heart Hill Vineyard, including the tasting room, restaurant and winery operations. Niner will save approximately $2 million over a 20-year period.
AUGUST 18, 2015 | SANTA MARIA, CA
REC Solar, a national provider of commercial solar and energy solutions, today announced the interconnection of a 1 MW solar energy system for Windset Farms®. The Santa Barbara County farm is the largest in Santa Maria and grows non-GMO produce year-round in its state-of-the-art greenhouse facility.
JULY 13, 2015 | HONOLULU, HI
REC Solar, a U.S. commercial solar provider, has been ranked by PBN Research as the leading solar company in Hawaii by 2014 revenue. The company completed 14 commercial solar projects in Hawaii last year, accounting for nearly $55 million in revenue.
JUNE 17, 2015 | SAN LUIS OBISPO, CA
REC Solar today announced it has acquired Stellar Energy, a leading solar provider in the western U.S., through an asset purchase agreement. REC Solar will provide customers with integrated, turnkey solar solutions ranging from financing and design to operations and maintenance.
You have questions or concerns about choosing the right solar company to handle your projects. We have answers.
Last week saw the bankruptcy of SunEdison, one of the largest solar companies in the world. This news might make you feel nervous if you are considering a solar installation for your home or commercial space, but worry not - there are some easy steps you can take to ensure you choose a solar company that can provide the service you need for the lifetime of your installation.
The prodigious growth of solar power in the United States has turned what was once a boutique industry into a multibillion-dollar asset class. With gigawatts now in play, this burgeoning stable of solar asset investments needs to be properly operated, maintained and managed. Commercial solar system owners, building hosts and other stakeholders require professional operations and maintenance (O&M) services for each solar project to realize its full value potential.
The number of U.S. businesses with solar energy installations grew to a new high in 2015. Enterprises ranging from family-run companies to some of the country’s biggest corporations are producing their own energy, cutting operating expenses, and achieving environmental sustainability. A recent report from the Solar Energy Industries Association (SEIA) provides data and insights into the diverse mix of corporate offices, office buildings, retail, manufacturing, data centers, distribution and logistics centers, and convention centers that have gone solar.
Combining solar and energy storage can generate significant value for commercial energy customers. Due to technology improvements and cost reductions, installing storage with solar can maximize energy savings potential and, with innovative financing solutions, it can be accomplished without using valuable capex dollars.
2015 was another record-breaking year for REC Solar. Before we turn our focus entirely to 2016, I’d like to reflect on the path we’ve travelled and recognize those who made it possible. Here’s my “top 10 list” of reasons we’re thankful and excited for the New Year:
IN THE NEWS
North Bay Business Journal | Cynthia Sweeney
Come August, SOMO Village will be generating a whopping 3.1 megawatts in solar energy, enough power to supply 50 percent of the development’s energy use,or enough power to supply energy to about 900 homes.
The billion-dollar mixed-use southeast Rohnert Park development is a diverse mix of tenants and properties that consumes about 6 MW of energy annually.
The installation is projected to save $680,000 per year in energy costs and close to $2.5 million over 30 years.
Renusol America, a leading provider of solar PV mounting solutions with systems installed across the US, today announces that it has provided its rail-less and modular Renusol EW mounting system for 2,472 Canadian Solar PV panels on a low slope rooftop at Haas Automation in Oxnard, CA.
Renusol partnered with REC Solar, a national provider of commercial solar and energy solutions, to develop the 779kW (DC) commercial system. Haas Automation is the largest machine tool builder in the western world and expects to save over $110,000 annually on its electricity bills with this solar installation.
Bloomberg Technology | Jessica Shankleman & Chris Martin
Renewable energy companies distanced themselves from the collapse of SunEdison Inc., saying the largest U.S. bankruptcy this year won’t harm the industry.
REC Solar, a national provider of commercial solar and energy solutions, and Sungevity, a specialist in the global solar market, today announced a strategic partnership to help businesses of all sizes reduce energy costs. As part of the deal, the two solar providers will share sales leads appropriate to each company’s market focus to accelerate growth across the commercial sector.
Ventura County Star | Anne Kallas
More than 3,000 solar panels have sprouted up in the parking lot of the Ventura County Government Center, and when the $4.8 million project is completed this spring, it is expected to supply 10 percent of the electricity needed at the massive complex on Victoria Avenue in Ventura. The project is part of a countywide effort to reduce greenhouse gas emissions, according to Ventura County Executive Officer Mike Powers.
Greentech Media | Eric Wesoff
REC Solar, acting as project contractor, just broke ground on what will be the biggest utility-scale solar power plant on the Hawaiian islands. (You'll recall that Duke Energyacquired a majority stake in solar installer REC Solar in February of last year.)
We spoke with Drew Bradley, director of business development at REC, about the 27.6-megawatt (AC) project. He provided a trove of vital stats on the Waianae Solar project, located on the leeward side of the island of Oahu.
RenewableEnergyWorld.com | Jennifer Runyon
On February 9 at DistribuTECH, Schneider Electric announced that it is building a 400-kW solar plus storage microgrid at its Boston One campus in Massachusetts. The system will be able to store up to 1-MWh of electricity and will be able to “island” so as to potentially provide emergency shelter in the event of a long duration outage.
Examiner.com | Steve Ferree
Castoro Cellars has completed an installation of a massive new solar project that will allow the winery to run 100% on solar power. The 625 kilowatt installation, which covers nearly three acres, will have an annual production of over one million kilowatt hours and eliminate an estimated $20,000 per month electricity bill. This marks the fifth solar installation in the last ten years by Castoro and stays true to their dedication to renewable energy and a sustainable business model.
Santa Maria Sun | David Minsky
Solar panels aren’t cheap. The cost for a typical 5-kilowatt setup for a house can easily run $10,000 or more. But it may pay off in the long run, at least according to REC Solar Director of Business Development Ryan Park. “That $10,000 system will produce somewhere in the range of $1,500 to $2,000 worth of energy per year,” Park said. “That is a big amount of money to put up front, but the numbers make sense.”
Paso Robles Daily News
REC Solar completed the interconnection of two solar energy arrays totaling 388 kW at Niner Wine Estates in Paso Robles. Together, the systems will provide enough clean energy to power 100-percent of Niner’s 46-acre Heart Hill Vineyard, including the tasting room, restaurant and winery operations. Niner is expected to save $2 million over a 20-year period.
Feel free to contact REC Solar about a news event or a story today:
REC Solar has a video library of commercial solar projects that media groups are welcome to use with attribution.
ABOUT REC SOLAR
REC Solar provides high-quality solar solutions and flexible financing options to a wide range of commercial energy customers nationwide.