Q3 2016 Yaskawa - Solectria Solar Company Newsletter

Newsletter - Q3 2016


Newsletter - Q3 2016  
  
Solar Power International 2016  

Thank you for making Yaskawa - Solectria Solar's SPI 2016 presence a success! We were part of various speaking and presenting activities and had a very busy booth where we spoke to many customers, prospects, industry experts and colleagues.  We also showcased many of our new products including:

  • PVI 50/60TL three-phase, transformerless 50 & 60 kW inverters.
  • DISCOM 1500, a 1500VDC string combiner with various advanced features including MC4/H4 connectors, heavy gauge bus bars and compression lug studs.
I wrote a blog post about a few subjects that were buzzing on the show floor. CLICK HERE to check it out.  
 U.S. Solar Market Insight Q2 2016: 43% YoY Growth
Key Facts:
  • Approximately 2 GWdc of solar PV were installed in Q2 2016 representing a 43% growth over Q2 2015
  • Close to 32GW total installed solar now exists in the U.S. - this is a CAGR (compound annual growth rate) of 58% since 2010
  • Prices continue to drop (18% YoY)
  • While California is still the largest PV market in the U.S., other states continue to make strides including North Carolina, New Jersey, New York and Massachusetts
  • Component prices continue to fall; average module is now less than $0.60/W
Market Segments:
    • Residential Market:
      • Installed 650 MWdc of residential PV in Q2 2016, its largest quarter ever
      • Grew 29% YoY
      • Emerging markets are growing by leaps and bounds - installers are tapping into new markets
      • Major market's growth has slowed slightly, especially in CA as a result of the Net Energy Metering (NEM) cap
    • C&I (Commercial & Industrial AKA Non-Residential) Market:
      • Only grew 5% from Q1 2016, but YoY growth was 49%
      • GTM called this a "national weakness" due to NEM caps and the status/value of virtual NEMs, especially in the Northeast Markets
      • Despite adding less than 10 MW in Q2, community solar is expected to add 100 MW in 2016
    • Utility Market:
      • For the 3rd consecutive quarter, over 1GW was installed
      • Since the ITC was extended, only 7.8GWdc of the 18.5GWdc that was projected is expected to come online in 2016; 5.7GWdc will spill to 2017, accounting for 65% of next year's utility PV forecast and 3GWdc to 2018
    Market Outlook:
    • Even though some projects are being pushed from 2016 to 2017/2018 after the federal ITC extension in December 2015, the industry is still benefiting and installing solar PV in record numbers this year.
    • 2017 will be relatively flat compared to 2016 because of the utility-scale install spill over from 2016 to 2017
    • In 2018, even though the residential and C&I markets will grow, the utility-scale market will return to 'normal growth' post ITC extension, and 1/2 of what is expected to come online in 2017 will come online in 2018

    Read more:

    Technical Webinars & Trainings

    Webinars:

      Last quarter, we hosted three very interesting webinars. Click below to check them out:

      Our next webinar focuses on simplifying residential solar through our residential product offering (inverters, RSD and monitoring). CLICK HERE to sign up.

      Trainings:

        We will host a complete inverter training at CALSEIA's facility in Sacramento, CA on 10/25. During this training, we will focus on simplifying solutions for residential, commercial and utility-scale inverters, combiner boxes, and web-based monitoring. In addition to our products, we will review NEC 2014 code compliance and industry design trends such as effective grounding and preparing for NEC 2017. To learn more or to sign up, CLICK HERE.
          To see all of our upcoming events, trainings and webinars, CLICK HERE

          Yaskawa - Solectria Solar Happenings

          Yaskawa - Solectria Solar Supports the Lazarus House Ministries in its Annual Walk 





           
          Yaskawa - Solectria Solar is committed to supporting local community charities.  Since 2012, we have sponsored and participated in the Hike for Hope, an annual walk-a-thon to support the Lazarus House Ministries.  Lazarus House Ministries helps head of households and individuals living in poverty regain their dignity and become self sufficient members of our community by offering emergency shelter, food and clothing to people in crisis and then providing transitional housing, advocacy, health services, education and work preparation to permanently break the cycle of poverty.

          ​Yaskawa - Solectria Solar Annual Company Barbecue
          Yaskawa - Solectria Solar loves to have fun!  Almost every year since 2005, Co-CEO's, Anita & James Worden, have hosted a company barbecue where all employees and their families are invited. This year, there was a bouncy house, go cart racing, corn hole competitions, and lots of trolley rides! If you're looking for a fun team to work with, you should check out our open positions: www.solectria.com/company/careers/.
           

          Recent Installations

          Thoreau Farms (Donation for the David Henry Thoreau House)

          Location: Concord, Massachusetts

          Project Size: 7kW
          Integrator:
          Inverters: PVI 6600TL inverters; SolrenView Monitoring


          Green Acres Farm

          Location: Wapato, Washington

          Project Size: 112kW
          Distributor:
          Inverters: QTY 3, PVI 36TL inverters Watch a flyover video of this project on YouTube.
           
          Nora's Ranch

          Location: Nogales, AZ

          Project Size: 1MW
          Distributor: 
          Inverters: QTY 25, PVI 23/28/36TL inverters 



          Meet our Team!

          Zulqarnain Kamali
          Technical Support Engineer

          Zulqarnain Kamali, who goes by Kamali, joined Yaskawa – Solectria Solar in May 2016 as a Technical Support Engineer.
           
          Kamali is originally from Pakistan, where he graduated with a degree in Electrical Engineering from UET Lahore in 2011. While completing his undergraduate degree, he interned with the Pakistani Water and Power Development Authority. After graduation, he became a Field Service Engineer for TetraPak Ltd, the world's largest food packaging and processing company. During his time with TetraPak, he was involved with the installation and commissioning of Coca-Cola's first juice plant in Kabul, Afghanistan. He led the team tasked with raising the juice plant's initial production efficiency to over 85%. He also worked as a shift engineer at the Nestlé Pakistan plant as part of a collaboration between TetraPak and Nestlé.
           
          In 2013, Kamali was awarded a Fulbright scholarship at the University of Massachusetts, Lowell. While there, he studied Electrical Engineering, Power Systems and Renewable Energy and pursued a Master’s Degree in Electrical Engineering. His master’s thesis focused on the development of PSCAD models for distributed energy generation systems installed throughout the University. Kamali was awarded the Dean’s Gold Medal in Electrical and Computer Engineering and was recognized as one of a select few students to earn a Highest Achievement Award. He earned his Master’s degree in late 2015.
           
          Kamali speaks Urdu, Hindi, Persian and English fluently and when not solving technical support issues for customers, he can be found following professional soccer matches, of which he is an avid fan. 


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          Yaskawa - Solectria Solar, 360 Merrimack Street, Lawrence, MA 01843