Q4 2015 Yaskawa - Solectria Solar Company Newsletter

Newsletter - Q4 2015  
 Solectria Celebrates the Extension of the ITC

Along with the rest of the solar industry, Yaskawa - Solectria Solar is celebrating the extension of the Solar Investment Credit (ITC). The extension has allowed us all to breathe a sigh of relief and has confirmed what we in the industry already knew: solar is here to stay! This news is great for us, as the second largest commercial inverter supplier in the U.S., and also benefits you, our customers. Extension of the 30 percent ITC for solar installations through 2019 will allow for more installations, more jobs and exponential growth throughout the renewables industry.

Prior to the passing of the extensions, Solectria was gearing up for a record setting 2016 with the looming end of the ITC. We are now ahead of the game with our production planning and more ready than ever to manufacture and ship out GW's of PV inverters to satisfy all of our customers' requirements in 2016.

When planning your solar projects in 2016 and beyond, remember Yaskawa - Solectria Solar is here to meet your solar inverter needs. We look forward to a busy year and to the continued partnership we share with you.

ITC Extension and Phasedown Schedule
2017 - 30 percent tax credit
2018 - 30 percent tax credit
2019 - 30 percent tax credit
2020 - 26 percent tax credit
2021 - 22 percent tax credit
2022 and beyond - permanent 10 percent tax credit for commercial credit

To learn more, please CLICK HERE to read more about the ITC extension.

Featured Product: Decentralized MW Solution

In 2015, Yaskawa - Solectria Solar saw a spike in inquiries when we introduced our latest product offering, the Decentralized MW Solution. This all-in-one solution is the first of its kind to be offered by an inverter manufacturer. The Decentralized MW Solution packages our best-selling PVI 23/28/36TL three-phase string inverters with a combination of AC Panelboards, Switchboards, AC Disconnect Switches, Transformers, and our web-based monitoring solution, SolrenView. Decentralized MW Solutions are configured by our customers to fit the needs of each new project.

Solectria's engineers have taken the time to ensure that each component offered as part of this solution is compatible with our string inverters. This not only saves valuable time sifting through various products, but also provides you with the peace of mind that when your solution is delivered to the project site, the components will work together seamlessly.

In Decemeber 2015, Yasakwa - Solectria Solar's Applications Engineer, Eric Every, hosted a webinar explaining the solution and how to place orders. Because we have received such a high volume of feedback from our attendees and customers, we have scheduled an additional webinar to go more in depth about the benefits, components, and possible configurations of the Decentralized MW Solution.

Please join us on January 21st at 2:00pm EST for our next webinar on the Decentralized MW Solution. REGISTER HERE

If you missed our previous webinar, you can watch it on our YouTube channel by CLICKING HERE.

To request additional information, including pricing, please contact your sales rep or email inverters@solectria.com

Q3 2015 Huge Growth Sets Up Year To Finish Strong

Key Facts:
Source: GTM Research/SEIA December 2015
  • Total PV installed in Q3 was 1,361 MWdc
  • Cumulative installations in the U.S. during the first three quarters of 2015 has reached 4.1GWdc
  • Q3 2015 marked the eighth consecutive quarter in which the U.S. added more than 1 GWdc of solar PV
  • As of Q3 2015, more than 50% of all states in the U.S. have more than 50 MWdc of cumulative solar PV installed
  • GTM Research forecasts that 7.4 GWdc of new PV installations will come on-line in 2015, up 19% over 2014
  • 2014 was the largest year ever for concentrating solar power, with 767 MWac brought on-line
PV Market Segments Each See Substantial Growth:
  • Residential PV: Up 12% over Q2 2015 and Up 69% over Q3 2014 - Residential PV once again posted a new record quarterly total in Q3 2015.
  • Commercial PV: Up 19% over Q2 2015  and Up 4% over Q3 2014 - Despite commercial PV experiencing a strong rebound from the preceding quarter, Q3 2015 installations barely grew YoY.
  • Utility PV: 10th consecutive quarter in which utility PV added at least 500 MWdc. Contracted utility PV pipeline currently totals 18.7 GWdc. Utility PV market continues to serves as the bedrock driver of installation growth in the U.S. solar market, accounting for 42% of capacity installed in Q3 2015.
Read more:​*Reports released prior to ITC extension passing

Solectria Happenings

Yaskawa - Solectria Solar Sponsors Groundwork Lawrence Glow Gala

Yaskawa - Solectria Solar is committed to supporting local community programs. This November, Yaskawa - Solectria Solar participated as a Steward Sponsor at the Glow Gala and Annual Fundraiser hosted by Groundwork Lawrence. Since 1999, Groundwork Lawrence has focused on empowering Lawrence residents to build a healthy community and improve their quality of life. Groundwork's Glow Gala and Annual Fundraiser supports that work and helps to sustain the "glow" of the impact in the community. Proceeds from the event directly support the environment and open space programs, youth education, employment initiatives, food access programs, and community events. 

Yaskawa - Solectria Solar Annual Holiday Party

Each December, Yaskawa - Solectria Solar invites their employees to come together to celebrate a successful year and kick-off the holiday season. The annual holiday party is complete with music, presentation featuring the events of the past year and celebrate accomplishments, great food and fun games.


Recent Installations

KAO Campground

Location: Tucson, AZ
Project Size: 1MW
Inverters/Products: QTY 3, PVI 23TL; QTY 28, PVI 28TL

National Grid Smart Grid

Location: Shirley, MA
Project Size: 1MW
Inverters: QTY 2, SGI 500XTM; QTY 16, ARCCOM-24


Meet our Team!

Michael Nieman
Applications Engineer
Michael Nieman is the latest addition to Yaskawa - Solectria Solar's growing Applications Engineer Team. He is based out of our West Coast office in Huntington Beach, CA. He joins the team with over seven years of experience in the solar power and electrical construction industries. Prior to Solectria, Michael worked for concentrating PV manufacturer, Amonix, Inc. where his responsibilities included electrical power path design and two-axis tracking system development. He has also worked as a conceptual estimator for Helix Electric, Inc., a leading U.S. electrical contractor based in San Diego, CA.

Michael graduated from the University of San Diego with an Electrical Engineering degree and holds an FE/EIT certificate from the California Board for Professional Engineers.

Michael grew up in Seattle, WA, but now resides in Costa Mesa, CA. He is a devoted Seattle Seahawks fan, an avid cyclist and enjoys being outdoors when not in the office. He's had a lifelong passion for sustainable energy and looks forward to strengthening the company's West Coast presence.
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Yaskawa - Solectria Solar, 360 Merrimack Street, Lawrence, MA 01843