MJP International today announced that it has placed an initial order for 2 new products from Shenzhen Hopepower Technology Co. Ltd., (“SHTECH”).
The products are a 13w foldable solar panel with dual USB outputs that charge all types of USB-powered devices and will be geared towards the company’s retail consumer market, and a 100w solar panel with 0.5m pv and mca connectors which has diverse power-generation applications in the commercial and residential space.
According to the Solar Energy Industries Association (SEIA), in the last decade, solar has experienced a compound annual growth rate of nearly 60% and over 400,000 American workers are expected to serve the sector by 2020.
The US solar industry installed 14.5 gigawatts of solar power in 2016, a 94% increase over the record 7.5 gigawatts in 2015, according to a new market report by GTM Research and the Solar Energy Industries Association.
For the first time, more solar systems came online than natural gaspower plants – the top source of electricity in the US – in 2015 and 2016, as measured in megawatts. This year, new solar is expected to surpass installations of all other sources.
“We plan to continue bringing high quality products to our market here in the United States as it continues experiencing sustained hypergrowth across all aspects of the industry,” mentioned MJP International’s CEO.