What a Trump Presidency means for the Solar Industry

As Industry braces for changes, some solar installation companies seem better positioned than others.

(PRWEB) February 06, 2017

Chalkboard with writing "What's Next" USA Flag

As Donald Trump’s presidency enters its second week, his policies on immigration and healthcare are dominating headlines as tens of thousands protest in US cities. Trump’s energy plan is also controversial with a rededication to coal and the lifting of environmental safeguards in domestic oil and gas exploration.

What is conspicuously absent in Trump’s “An America First Energy Plan” is his policy on renewable energy.

Renewable energy stocks ended sharply down on November 9, 2016, the day after the presidential election, as Wall Street expected that a Donald Trump administration would institute policies that favor the traditional fossil fuel-based energy sector. Solar installers SolarCity and Vivint Solar ended the trading session down 4% and 6.3% respectively while oil and gas companies Chesapeake Energy and Valero Group traded 8.7% and 6.7% higher.

The solar industry in the U.S. has prospered over the past 8 years as President Obama instituted wide-ranging policies designed to boost the alternative energy industry. With a combination of a 30% federal tax credit and significant federal funding into the development of the sector, millions of Americans have now gone green.

With Trump’s nomination of Rick Perry to be Energy Secretary, Trump seems to be further signalling a departure from Obama’s policies – which leads to major questions regarding the long-term future of the solar industry.      

Will Trump roll back the tax credit and allocate less funds to green energy? If so, how will this affect the solar industry? With the uncertainty surrounding the renewable energy sector, are there any unforeseen opportunities and are some companies in a better position than others?

“We see many opportunities that haven’t been reflected in Wall Street forecasts,“ Edward Harner, Chief Operating Officer of Green Solar Technologies, said in an interview. “In the short-term, we feel that demand for solar will spike as people try to make sure that they take advantage of the federal tax credit that is currently available.”

Mr. Harner remarked, “Domestic solar manufacturers will gain more market share as Chinese imports become more expensive. If you’ve been following Solarworld stock, their stock price has gone up almost 30% since Trump won the election.”

He continued, “Solar installation companies like ours that have always used American-made panels are in a unique position that allows us to withstand any potential changes in trade policies such as tariffs being applied to Chinese imports.”

“Most nationwide solar companies use Chinese-made panels so they will be hurt if these tariffs are imposed. We are fortunate to have forged deep relationships with American solar manufacturers and the benefits of these relationships can be seen in the significantly lower price that we pay for our panels. This allows us to pass on the savings to our customers and makes our company the better choice,” Mr. Harner continued.
“Solar is not going away,” Mr. Harner said. “Trump is a businessman and the economics and domestic job-creation potential of solar energy are undeniable. We are confident that we and the rest of the industry will be strong for years to come.”

 

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Green Solar Technologies partners with Generac Power Systems

Alliance between leading solar and backup power companies will enable customers to enjoy uninterrupted energy independence.

Posted: Jan 27, 2017 1:06 AM PDT

Green Solar Technologies, a leading solar panel installation company, announced on Friday that it had completed a partnership deal with Generac Power Systems, maker of natural gas-powered generators that are designed to work with residential solar systems. The deal will allow the two companies to join forces to provide customers with a one-stop shop for solar systems with cost-effective backup power.     

“Customers have asked us for years to provide them with a product that will enable them to still have power when the grid goes down,” said Robbie Hebert, VP of Sales at Green Solar Technologies. “The vast majority of our solar customers aren’t interested in going fully off-grid because they enjoy the security of being tied into the grid. But at the same time, they want to make sure that they have power when the grid goes down.”

He continued, “Last year when Hurricane Matthew pounded South Carolina, homeowners were left without power for days and in some areas, weeks. This is difficult to imagine for people who live in areas where the power doesn’t go down frequently but it can be a serious problem. Many of our elderly customers rely on their electricity-powered medical equipment and can’t afford to be without power for hours, let alone days.”

“At this point, battery-based backup systems including the Tesla Powerwall – which by the way, still isn’t readily available a year after it was announced – are extremely expensive and require rigorous annual maintenance. They’re just not worth it,” he remarked.  Another unattractive alternative is to have a propane or gas-powered generator but these solutions are typically loud and require storing a large amount of gasoline or propane and manually refilling it.”

Mr. Hebert continued, “Generac runs on natural gas so it’s much cleaner. Also, there is an automatic transfer switch that turns it on when the grid goes down. Linking up with Generac allows us to custom design systems that fit our customer’s needs and sell them to customers who are in areas where the grid consistently goes down. Also, Generac is a much better value than batteries, costing about a quarter of a like-sized battery system.”
“We’re really excited about working with Generac. We feel that together, we’ll be able to create an affordable product that will provide our customers with peace of mind should the grid go down,” said Mr. Hebert.

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2017 Green Solar Technologies Completed Solar Power System Installations

Green Solar Technologies | Nationwide Solar Power System Installers

Posted: Jan 4, 2017 10:25 AM PDT

Explore our most recent nationwide solar panel installations here, and don’t miss out on our new year special. Receive $1000 cash back when your installation is complete. Green Solar Technologies solar power systems are high-performance, superior quality, and made in the USA with a 25 year warranty. Predictable energy costs, and immediate savings on your utility bill guarantee that this is a sound investment. Solar power is the cleanest source of energy, requiring low maintenance, and will significantly reduce your electricity bill.

Make the switch to solar power today and lock in your energy rates for years to come.

Green Solar Technologies Solar System Installation Amarillo Texas

 

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2016 Green Solar Technologies Holiday Party

Green Solar Technologies 2016 Holiday Party!

Posted: Dec 30, 2016 10:02 AM PDT

This year our staff gathered together at Fogo De Chao in Beverly Hills for a spectacular evening of fine food and drink, comedy and raffle prizes. We celebrated our growth in sales, as well as our company size. It was a special evening of appreciation. Together we have achieved so much through the commitment and dedication of our passionate employees. The year 2017 will be exciting for all of us at Green Solar Technologies.  All of us at Green Solar Technologies wish you and yours a happy and healthy New Year!

 

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December 2016 Nationwide Solar Panel Installations by Green Solar Technologies.

Featuring installations in California, Arizona, Texas and more.

Posted: Dec 12, 2016 4:55 pM PDT

We are happy to welcome our new customers to our solar family!

Green Solar Technologies is a full-service solar company offering great solar products made in the USA. Our solar specialists and project managers keep the customer experience pleasant with reliable contractors, financing, 25 year warranty, solar panel monitoring, and even roof repair. GST also offers a $1000 reward for referring new customers. Every customer has a unique set of financial goals, and our free quote helps our customers decide how financing options will acquire returns on their solar investment. As a nationwide company, Green Solar Technologies includes state specific and federal incentives from the very start in our free quote.

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Green Solar Technologies releases First Half of 2016 Results

At a shareholder meeting in Los Angeles on September 2, 2016, Green Solar Technologies announced stellar results for the First Half of 2016

Posted: Oct 27, 2016 6:39 AM PDT

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The leading nation-wide solar installation company reported strong sales growth in key markets, an impressive expansion in its nationwide partnerships, and robust increase in both revenue and profits.

Commenting on the results, Mr. Edward Harner, Chief Operating Officer of GST, said:

“We are very happy with our performance so far this year. We’ve managed to outperform our expectations in both our expansion efforts, as well as our sales projections.

Growing our business in CO, TX and NC was crucial for us because of the challenges we faced last year with NV Energy in Nevada – one of our biggest markets at the time. Our Nevada business effectively ground to a halt, so, we made it a priority to increase our presence in other key states.

Reaching 200 partners around the US was a huge milestone for us. Having partners everywhere significantly decreases solar installation project time to completion allowing our customers to begin saving money sooner. We are very confident that our infrastructure and processes allow us to be a great deal more efficient than other solar companies.

At the end of last year and early this year, we invested heavily in marketing and also had a significant increase in referrals which led to the largest half-year sales revenue increase that we’ve ever had. Our Net Profit increase was substantial, although less than our increase in sales. This is largely due to the fierce competition in the solar industry at the moment. We were forced to lower our prices in order to remain competitive. We hope and believe that our increase in sales volume will more than make up for our lower margins.

Overall, we believe that our company is moving in a positive direction and we are highly optimistic about the remainder of 2016.”

 

 

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Green Solar Technologies, a Top Nationwide Solar Company, Expanding to Texas

Posted: Jul 26, 2016 6:26 AM PDT

Green Solar Technologies will be opening its 5th office in Dallas, Texas this summer. The Dallas office will continue GST’s goal of providing solar power to families and businesses in its region.

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DALLAS, Texas July 26, 2016

Green Solar Technologies, a leading energy technology company, announced their expansion into the Texas market to help home- and business-owners gain energy independence with high-quality American-made solar panels. The company, headquartered in Los Angeles with subsidiaries in San Jose and San Diego, is best known for its affordable rates and innovative strategies that help customers cut their electricity costs immediately and own their systems outright, rather than just buying their electricity from a utility or solar provider.

‘Texas is a great state and we are planning on bringing green energy and jobs to the community’, said Nicki Zvik, President and owner of Green Solar Technologies. Backed with supporting data from The National Renewable Energy Laboratory shows that Texas, using only 34% of its region, can generate a full 22,786,750 million kWh annually of solar power, which is more than any other state. The state has the largest solar and wind potential in the country. And solar farms are more cost effective in West Texas, where installation levels are greater.

There are also other advantages to the expansion to Texas; ‘it will be bringing approximately 70 new clean green jobs to the Dallas market. We are currently seeking a Director of Operations to oversee the Dallas market expansion’, said Zvik. Green Solar Technologies is proud to have just been awarded the “Your Customers Love You on Yelp!” award and look forward to continue providing the best customer service possible with the new Dallas expansion. We will be able to provide longer customer service hours across the time zones to the east and west.

‘Future expansions are planned for Arizona and Georgia, with focus on the commercial market’, said Zvik. Of course, growth brings challenges. Licensing, for one, is difficult to come by and each state has its own processes for solar and energy efficiency. Nonetheless, Zvik believes Green Solar Technologies will triumph. GST has recently revamped its website in preparation for this expansion, which now provides an educational blog, summary of how solar technology works, core product descriptions, and guidance for both commercial and residential buyers.

About Green Solar Technologies
Since 1987, we at Green Solar Technologies have insisted on providing our valued customers with the highest quality solar energy products at unbeatable prices. We achieve this by using only the best American-made solar panels and are proud to help keep our fellow Americans working. Due to our long standing relationships with our partners and the sheer volume of our business, we are able to pass on unbeatable value to you. We are also able to offer energy efficiency upgrades, such as; air conditioning, heating, roofing, insulation, windows, doors, solar tubes, sky lights, artificial turf, and smart watering systems.

For more information about Green Solar Technologies and its services contact Nicki Zvik at nicki(at)greensoltech(dot)com

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California Residential Roof Solar Installation - Green Solar Technologies

Green Solar Technologies, a Top Nationwide Solar Company, Expanding to Texas

Posted: Jul 26, 2016 6:26 AM PDT

Green Solar Technologies will be opening its 5th office in Dallas, Texas this summer. The Dallas office will continue GST’s goal of providing solar power to families and businesses in its region.

DALLAS, Texas (PRWEB) July 26, 2016

Green Solar Technologies, a leading energy technology company, announced their expansion into the Texas market to help home- and business-owners gain energy independence with high-quality American-made solar panels. The company, headquartered in Los Angeles with subsidiaries in San Jose and San Diego, is best known for its affordable rates and innovative strategies that help customers cut their electricity costs immediately and own their systems outright, rather than just buying their electricity from a utility or solar provider.

‘Texas is a great state and we are planning on bringing green energy and jobs to the community’, said Nicki Zvik, President and owner of Green Solar Technologies. Backed with supporting data from The National Renewable Energy Laboratory shows that Texas, using only 34% of its region, can generate a full 22,786,750 million kWh annually of solar power, which is more than any other state. The state has the largest solar and wind potential in the country. And solar farms are more cost effective in West Texas, where installation levels are greater.

There are also other advantages to the expansion to Texas; ‘it will be bringing approximately 70 new clean green jobs to the Dallas market. We are currently seeking a Director of Operations to oversee the Dallas market expansion’, said Zvik. Green Solar Technologies is proud to have just been awarded the “Your Customers Love You on Yelp!” award and look forward to continue providing the best customer service possible with the new Dallas expansion. We will be able to provide longer customer service hours across the time zones to the east and west.

‘Future expansions are planned for Arizona and Georgia, with focus on the commercial market’, said Zvik. Of course, growth brings challenges. Licensing, for one, is difficult to come by and each state has its own processes for solar and energy efficiency. Nonetheless, Zvik believes Green Solar Technologies will triumph. GST has recently revamped its website in preparation for this expansion, which now provides an educational blog, summary of how solar technology works, core product descriptions, and guidance for both commercial and residential buyers.

About Green Solar Technologies
Since 1987, we at Green Solar Technologies have insisted on providing our valued customers with the highest quality solar energy products at unbeatable prices. We achieve this by using only the best American-made solar panels and are proud to help keep our fellow Americans working. Due to our long standing relationships with our partners and the sheer volume of our business, we are able to pass on unbeatable value to you. We are also able to offer energy efficiency upgrades, such as; air conditioning, heating, roofing, insulation, windows, doors, solar tubes, sky lights, artificial turf, and smart watering systems.

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Solar PV Recycling Offers Significant Untapped Business Opportunity

The global solar photovoltaic (PV) boom currently underway will represent a significant untapped business opportunity as decommissioned solar panels enter the waste stream in the years ahead, according to a report released by the International Renewable Energy Agency (IRENA) and the International Energy Agency’s Photovoltaic Power Systems Programme (IEA-PVPS).

The report, End-of-Life Management: Solar Photovoltaic Panels, is the first-ever projection of PV panel waste volumes to 2050 and highlights that recycling or repurposing solar PV panels at the end of their roughly 30-year lifetime can unlock a large stock of raw materials and other valuable components.

It estimates that PV panel waste, comprised mostly of glass, could total 78 million tonnes globally by 2050. If fully injected back into the economy, the value of the recovered material could exceed USD 15 billion by 2050. This potential material influx could produce 2 billion new panels or be sold into global commodity markets, thus increasing the security of future PV supply or other raw material-dependent products.

“Global installed PV capacity reached 222 GW at the end of 2015 and is expected to further rise to 4,500 GW by 2050. With this tremendous capacity growth will come an increase in waste associated with the sector,” said IRENA Director-General Adnan Z. Amin. “This brings about new business opportunities to ‘close the loop’ for solar PV panels at the end of their lifetime. To seize these opportunities, however, preparations for the surge in end-of-life material should begin now.”

“With the right policies and enabling frameworks in place, new industries that recycle and repurpose old solar PV panels will drive considerable economic value creation and will be an important element in the world’s transition to a sustainable energy future,” added Mr. Amin.

The report suggests that addressing growing solar PV waste, and spurring the establishment of an industry to handle it, would require: the adoption of effective, PV-specific waste regulation; the expansion of existing waste management infrastructure to include end-of-life treatment of PV panels, and; the promotion of ongoing innovation in panel waste management.

“Experience with electronic waste tells us that developing technological and regulatory systems for efficient, effective and affordable end-of-life management requires long lead times, said Stefan Nowak, Chairman of IEA-PVPS. “This timely report can be used by public and private sector institutions to anchor the necessary investments in technology and policy research and development and supporting analyses to unlock the significant recoverable value in end-of-life panels.”

“Responsible life-cycle management is an imperative for all PV technologies – the socio-economic and environmental benefits which can potentially be unlocked through end-of-life processes and policies for this waste stream in the future should be seen as an

opportunity today to start extending the photovoltaic value chain,” added Mr. Nowak of IEA-PVPS.

In most countries, PV panels fall under the classification of “general waste” but the European Union (EU) was the first to adopt PV-specific waste regulations, which include PV-specific collection, recovery, and recycling targets. EU’s directive requires all panel producers that supply PV panels to the EU market (wherever they may be based) to finance the costs of collecting and recycling end-of-life PV panels put on the market in Europe.

End-of-Life Management: Solar Photovoltaic Panels, is the second of several solar-focused publications IRENA is releasing this summer. Last week, IRENA released The Power to Change, which predicts average costs for electricity generated by solar and wind technologies could decrease by between 26 and 59 per cent by 2025. Later this week, IRENA will release Letting in the Light: How Solar Photovoltaics Will Revolutionize the Electricity System – which provides a comprehensive overview of solar PV across the globe and its prospects for the future.

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Sun-powered Solar Impulse 2 aircraft in New York after Statue of Liberty fly-by

The Solar Impulse 2 aircraft landed in New York early Saturday, after flying by the Statue of Liberty at the end of the US portion of its bid to circle the globe using only solar power.

“It’s absolutely incredible,” Swiss pilot Andre Borschberg said over a live video feed as the iconic statue lit up the night below him. “It’s a dream here.”

The light, slow-moving aircraft later landed at New York’s Kennedy Airport, completing the five hour flight from Lehigh Valley Airport in Pennsylvania.

Cameras in a boat in New York harbor captured the innovative solar powered aircraft as it flew over the Verrazano Bridge and headed toward the towering Lady Liberty.

It circled the statue and cruised along the Manhattan skyline before turning back south for the landing at Kennedy, one minute ahead of schedule at 3:59 am (0759 GMT).

Ending the US crossing at the Statue of Liberty “is a very strong moment for me”, said Borschberg as he approached New York, calling it a “symbol of the freedom of enterprise, the freedom to innovate.”

It was the 14th leg of an east-west journey that began March 9, 2015 in Abu Dhabi, and has taken the aircraft across Asia and the Pacific to the United States.

From New York the Solar Impulse team will attempt to cross the Atlantic to Europe and on to the Middle East.

Borschberg has alternated with fellow Swiss pilot Bertrand Piccard, a doctor who made the first non-stop balloon flight around the world in 1999.

Their goal is to be the first to circumnavigate the Earth with the sun as their aircraft’s only source of power.

The single-seat aircraft, which has the wingspan of a Boeing 747, is clad in 17,000 solar cells. During night flights like the one from Pennsylvania to New York, it runs on battery-stored power.

It typically travels at a mere 30 miles (48 kilometers) per hour, although its flight speed can double when exposed to full sunlight.

Borschberg skimmed over Pennsylvania at an altitude of less than 3,000 feet (900 meters), descending to 1,500 feet (500 meters) as the plane crossed over the bays at the entrance to New York harbor.

Borschberg, who fielded phone calls from well-wishers and journalists during the flight, told one interviewer he could see the light grow denser and denser as he crossed out of Pennsylvania in the approach to New York.

The Swiss businessman was at the controls of Solar Impulse 2 on its most difficult segment of the trip, a 4,000-mile, 118-hour endurance run from Nagoya, Japan to Hawaii.

High tropical temperatures damaged the plane’s batteries, forcing its crew to take several months off to make repairs.

Borschberg is no stranger to adventure — 15 years ago he narrowly escaped an avalanche, and in 2013 he survived a helicopter crash with just minor injuries.

 

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