Principal Solar, Inc. Announces Winners of 2016 Annual Awards, Recognizes Innovation in Technology, Policy and Finance
Principal Solar, Inc. , a solar company that buys, owns, and operates solar power projects, is pleased to announce the winners of its 2016 Principal Solar Awards, recognizing organizations that have shown innovation that provides novel solutions to solar challenges. To learn more about the awards and the winners, look for PSI’s educational poster at Solar 2016 in San Francisco.
“It’s gratifying to honor recipients whose ideas, products and services exemplify innovation in the solar industry,” says Michael Gorton, CEO, PSI. “We hold these winners up as models for innovative breakthroughs in efficiency, energy sustainability and forward-thinking financial opportunities.”
Technology: First Solar
First Solar began delivery of a record-setting efficiency of over 16 percent for CdTe PV modules, making them on-par with best-selling multi-crystalline Si modules. This culminates a multi-year development effort by the company to simultaneously reduce module cost and improve performance of thin-film PV modules.
Policy: City of Georgetown, Texas
The City of Georgetown, led by Mayor Dale Ross, has launched an admirable plan to convert the municipal utility company to 100 percent renewable energy by 2017, including energy from a 150 MW solar farm, one of the largest in the state, a decision made to meet long-term energy needs.
Finance: Demeter Power
Demeter Power Group’s novel work in creating the PACE Lease™ program combines the power of Property Assessed Clean Energy financing with the providers of lease-based Power Purchase Agreements (PPA), and opens PACE to an entirely new finance model.