Solar Energy

Did solar affect the 2020 fiscal year?

Solar energy has been the start of a saving grace for humanity. In many parts of the world, skies are clearer of pollution.  Helping photovoltaic power stations convert light into electricity through more productive and reliable installations.  In Britain, on April 20th, solar generation peaked at 9.7 gigawatts. It represents almost 30% of the country’s electricity supply, which is ten times the usual proportion. In Germany, the balance of solar in the mix reached 23% for a week in April, compared to about 8% during 2019.

We want to congratulate our daughter Jayde for early acceptance into NYU Tish Acting program starting in 2021

The Benedict Family wishes each of you a Happy Holiday with blessings. The center top photo is our family’s new baby who we are inviting into the solar world with all of you. Proud Parents, brother and Sister “Karlita, Robert IV, Jayde and Robert III.”

Keep your dreams alive. Understand to achieve anything requires faith and belief in yourself, vision, hard work, determination, and dedication. Remember, all things are possible for those who believe.

 Gail Devers

Although solar production is increasing globally, there are mishaps because of COVID-19. In the third quarter of 2020, the solar industry continued to recover from the coronavirus pandemic’s worst business impacts. U.S. solar companies installed 3.8GWdc (gigawatts-direct current) of solar PV capacity, a 9% increase quarter-over-quarter and a 46% increase year-over-year.

 

 

Just under 70% of capacity installed in Q3 came from the utility segment, with 2.7 GW installed. The residential market bore the brunt of the pandemic impacts to the solar industry in Q2 but experienced a relatively quick recovery with 738 MW installed in Q3, a 14% increase from the previous quarter.

 

 

The non-residential non-utility PV segment, including commercial, government, nonprofit, and community solar, increased 8% from last quarter with 429 MW, in line with volumes for the first quarter of the year. Despite setbacks from the pandemic, a record 11 GW of new solar capacity was installed in 2020 through Q3, already positioning 2020 as the third-largest year ever. Additionally, solar PV accounted for 43% of all new electricity-generating capacity additions through Q3 2020. The highest of any generation technology

The states that saw the most dramatic declines have also seen the largest recoveries. California, the largest residential solar market, shrank 23% in the second quarter and grew 15% in the third quarter. New York, which had the strictest lockdowns, shrank 73% in the second quarter and rebounded with 156% growth in the third quarter. Markets like Arizona and Texas that put much less restrictive lockdown measures in place decreased slightly in the second quarter, but each surpassed their first-quarter volumes in the third quarter.

Important Note:

USD has partnered with Stem and now has the accreditation needed for storage. If you are looking for storage options on your next or any future projects, please allow us to ensure your storage investment brings the expected returns.

If you are looking to safe harbor low-cost high efficiency modules or storage please read below.

Looking for an amazing module deal then please contact us ASAP and we have a number of modules at extremely low prices? We are not advertising the name of panels but they are Tier 1 with full warranty. The owner requested only one-on-one sales.

 If you have six to eight weeks before requiring modules please let us know, and we will remove all risk by auditing your order from BOM through delivery.

Through the end of the month, we are focused on getting customers safe harbor modules. This will be the last week to ensure deliveries of Safe harbor. If you want 430W modules and above let us know we can get best pricing. The time to get safe harbor modules is now do not wait longer or delivery by March 15th 2021 will not happen.

Last week’s question, “Will the Federal government renew the ITC to 30%?” “53% of the respondents said, Yes.” 

Thank you for your responses. Each week we will give you the results from the previous week’s question. If you have a minute please respond to the below question.

Thank you for being our customer

USD focuses on ensuring our customers have a pleasant experience purchasing modules or storage. We have refined the steps of the bid, acceptance, and delivery process. We perform the steps required to satisfy the requirements of all the parties in the acquisition and sale. Please contact us with any questions, and we can help you better understand the value of hiring module professionals to assist your module purchase process.

Have questions please contact Karlita or Robert, and we will be happy to assist you? 

Leave a Reply

Your email address will not be published. Required fields are marked *