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Electron Solar Energy Expands To Include Installation Services
Miami FL (SPX) Oct 16, 2007 Electron Solar Energy announced that it has launched a professional installation program that provides its customers, spanning nearly 20 countries, with custom fabrication and installation services on all solar panel systems. President and CEO of Electron Solar Energy Christopher Quinn, said, "By providing an end-to-end supply chain for the incorporation of solar paneling for electricity, we expect to open up new opportunities to improve the customer experience, while creating a new high-margin revenue stream for the Company." Performed by Electron's high-qualified in-house staff, including a newly added 20-year veteran of the solar energy industry, this new offering enables Electron customers to realize additional cost savings and better quality control. Quinn explained: "Domestic customers can receive a fast on site project cost estimate and installation, while international customers can reserve the team for several days to oversee pre-planned project installations abroad." Customers will experience greater accessibility to solar energy solutions through 'one-stop' shopping at Electron. By 2011, the number of homes in the US using PV cells is expected to quintuple the 2006 levels, to 67,492. Spending for home photovoltaics is growing rapidly as well, with $61.5 million spent in 2006 and $185.2 million projected in 2007. Spending is projected to jump to $409.9 million by 2010, according to the U.S. Department of Energy. "The media is increasingly drawing our attention to the benefits of alternative sources of energy. With our installation services in place, we can readily capitalize on the anticipated rapid growth of at-home solar energy deployment, regardless of the size of the residence or where it is located," said Quinn. Related Links All About Solar Energy at SolarDaily.com
Innovalight Raises 28 Million Dollars For Solar Product Development
Santa Clara CA (SPX) Oct 16, 2007Innovalight announced that the company has raised $28 million in new capital. With new financing in hand, the Company is relocating to a new 30,000 square foot manufacturing facility in Sunnyvale, California. This series C financing was led by Norway-based investor, Convexa Capital and supported by Scatec AS. Existing investors Apax Partners, ARCH Venture Partners, Harris and Harris Group, Sevin Rosen Funds and Triton Ventures also participated in this financing. |
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