QUEENS, N.Y., Aug. 8, 2018 /PRNewswire/ — New York Solar installer, EmPower Solar, officially opened an after 15 years with a primary headquarters on Long Island. The Queens location serves as a response to increased demand for solar in New York City, local recruitment needs and a business development campaign throughout the borough. EmPower plans to add 20 new employees to the Queens location over the next 12 months.

EmPower Solar recently installed its 2,000th solar installation, with about 15 percent of projects located in New York City. The company expects that number to increase substantially as a response to improving financial return from tax incentives, high electricity rates, consumer interest in battery back-up systems and heightened public health concerns for air quality.

“Solar and batteries in Queens are going to transform the community,” said David G. Schieren, Chief Executive Officer of EmPower Solar. “The incentives are among the best in the country, electricity costs are high, local officials support the industry, and the community has the collective desire to improve air quality for better public health. As a Queens resident myself, I’m proud that New York City recognizes that now is a special moment in time to accelerate solar energy in our region.”

Solar delivers substantial value and savings for homeowners and businesses throughout New York City. Both the solar lease and solar loan provide significant immediate savings, with an additional property tax credit available upon installation.

EmPower Solar offers community solar installations and subscriber management services. This service allows building owners to receive payments for hosting solar power systems at their properties. The solar energy generated is sold to residential customers located anywhere within that utility provider’s territory, allowing apartment dwellers and renters access to the benefits of solar energy, without any necessity for roof space or ownership.

In 2018, a new set of extended tax credits and increased rebates for New York City electricity consumers helped to spur solar demand in the region. Due to limited roof space in the city, carport and roof-top canopy projects are eligible for a bonus incentive from New York State Energy Research and Development Authority to make up for additional costs of construction. The 20 percent NYC property tax abatement scheduled to expire at the end of this year has been extended through 2021, and now backup battery systems qualify for a 10 percent credit.

In addition to home solar panel systems, the company also plans to bring its expertise in commercial solar systems, community solar systems, electric vehicle charging stations and backup power systems with them to Queens. EmPower Solar is a SunPower Master Dealer and a Tesla Powerwall Authorized Installer.

EmPower Solar delivers superior solar and battery technology, maximum savings, and exceptional customer service. Since 2003, EmPower Solar has been the preferred solar provider of over 2,000 New Yorkers and leading businesses, earning an industry-leading customer satisfaction rating. EmPower Solar represents the world’s leading clean technology companies including SunPower as a Master Dealer, and Tesla as a Certified Powerwall Installer. EmPower Solar leverages over 15 years of solar and storage industry experience and record-setting technology.

Media Contact:

Samantha Padreddii

spadreddii@empower-solar.com  

516-837-3459

SOURCE SunPower by EmPower Solar

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SAN DIEGO, Aug. 07, 2018 (GLOBE NEWSWIRE) — Envision Solar International, Inc., (OTCQB: EVSI) (“Envision Solar,” or the “Company”), the leading renewably energized EV charging, outdoor media and energy security products company, announced that the County of San Diego, California will deploy its EV ARC™ product at the County’s Department of General Services to provide emissions-free EV charging to its electrified fleet vehicles.

The County of San Diego is committed to reducing greenhouse gas emissions by replacing their fleet with alternative fuel vehicles and deploying EV charging infrastructure. EV ARC™ products will provide the County’s fleet with 100{0b7da518931e2dc7f5435818fa9adcc81ac764ac1dff918ce2cdfc05099e9974} clean power and contribute to their goals of reducing grid-tied energy usage while utilizing renewable energy. The EV ARC™ product is completely solar-powered and grid-independent, enabling San Diego County EVs to reliably drive on sunshine without paying for energy. EV ARC™ products also provide the County with a disaster preparedness solution which will continue to charge vital fleet vehicles during blackouts or other grid interruptions. The EV ARC™ products’ emergency power panel will provide first responders with a reliable and clean source of power during disasters or when grid power is not available.

“We’re very happy that San Diego County has joined the growing number of jurisdictions who have selected EV ARCs to meet their e-mobility infrastructure challenges,” said Desmond Wheatley, CEO of Envision Solar. “Our products are in 13 states and 4 nations. It’s nice to grow our business in our home county too.”

According to the U.S. Census Bureau, there are 3,007 counties and 19,354 cities and towns in the United States. Envision Solar considers the local government market to be an important area of focus for our sales team. The Company has deployed EV ARC™ products for the California counties of Marin and Fresno, as well as cities like New York, Los Angeles, San Francisco, Pittsburgh, Long Beach, Boulder, Sacramento, Santa Monica, Santa Cruz, Indio, Maywood, and others. The Company’s municipal and county pipeline is expanding.

Invented and manufactured in California, the EV ARC™ fits inside a parking space without reducing available parking and generates and stores enough clean solar electricity to power up to 225 miles of EV driving in a day. The system’s solar electrical generation is enhanced by EnvisionTrak™ which causes the array to follow the sun, generating up to 25{0b7da518931e2dc7f5435818fa9adcc81ac764ac1dff918ce2cdfc05099e9974} more electricity than a fixed array. The energy is stored in the EV ARC™ product’s energy storage for charging day or night, and to provide emergency power during grid failure. The EV ARC™ product is a permanent solution but because it requires no trenching, foundations or installation work of any kind, it is deployed in minutes and can be moved to a new location with ease. EV ARC™ products power Level I, Level II and DC Fast Charging and can work with a customer’s existing EV charging service provider. EV ARC™ products are manufactured in the company’s San Diego facility by combat veterans, individuals with disabilities, and other minority demographics and highly talented, mission-driven team members.

About Envision Solar International, Inc.Envision Solar, www.envisionsolar.com, is a sustainable technology innovation company whose unique and patented products include the EV ARC™ and the Solar Tree® with EnvisionTrak™ patented solar tracking, SunCharge™ solar Electric Vehicle Charging, ARC™ technology energy storage, and EnvisionMedia solar advertising displays.

Based in San Diego, the company produces Made in America products. Envision Solar is listed on the OTC Bulletin Board under the symbol [EVSI]. For more information visit www.envisionsolar.com, call (858) 799-4583. Follow us on social to keep up with the latest news: Facebook, Twitter, Instagram, and YouTube.

Forward-Looking Statements

This, Envision Solar International, Inc., Press Release may contain forward-looking statements regarding future events or our expected future results that are subject to inherent risks and uncertainties. All statements in this report other than statements of historical facts are forward-looking statements. Forward-looking statements are generally accompanied by terms or phrases such as “estimate,” “project,” “predict,” “believe,” “expect,” “anticipate,” “target,” “plan,” “intend,” “seek,” “goal,” “will,” “should,” “may,” or other words and similar expressions that convey the uncertainty of future events or results. Statements contemplating or making assumptions regarding actual or potential sales, market size, and demand, prospective business contracts, customer orders, trends or operating results also constitute forward-looking statements. Our actual results may differ substantially from those indicated in forwarding-looking statements because our business is subject to significant economic, competitive, regulatory, business and industry risks which are difficult to predict and many of which are beyond our control. Our operating results, financial condition, and business performance may be adversely affected by a general decline in the economy, unavailability of capital or financing for our prospective customers to purchase products and services from us, competition, changes in regulations, a decline in the demand for solar energy, a lack of profitability, a decline in our stock price, and other risks. We may not have adequate capital, financing or cash flow to sustain our business or implement our business plans. Current results and trends are not necessarily indicative of future results that we may achieve.

Contact: Lucia AsburyEnvision Solar International, Inc.(858) 799-4583 gosolar@envisionsolar.com

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/fe0f4c4e-9778-4534-8b29-3451bd285633

Copyright 2018 GlobeNewswire, Inc.

India is all set to comfortably achieve 100 GW of solar energy capacity by 2022 and has already installed solar capacity of 23.12 GW till July this year, Parliament was informed on Tuesday.

The data regarding generation of power from various renewable energy projects are consolidated by the Central Electricity Authority (CEA).

“The Ministry of New and Renewable Energy (MNRE) has planned a detailed trajectory so as to meet the target of 100 GW by 2022. A capacity of 23.12 GW was already installed up to July 2018. Projects of around 10 GW are under implementation and tenders for additional 24.4 GW have been issued,” Power and New and Renewable Energy Minister R K Singh said in a written reply to the Rajya Sabha.

“The country is on track to comfortably achieve the target of 100 GW of solar capacity by 2022,” he added.

The minister said solar power projects require around 4 to 5 acres of land per MW and the MNRE monitors the development of upcoming and commissioned renewable energy projects with implementing agencies like Solar Energy Corporation of India (SECI), National Thermal Power Corporation (NTPC), state nodal agencies and state governments/UT administrations through regular meetings, video-conferences and on the site visits.

Karnataka topped the installed solar energy capacity chart at 5.16 GW followed by Telangana at 3.4GW and Andhra Pradesh at 2.56 GW as on July 31, 2017, the minister noted.

In another reply to the House, the minister said the National Institute of Solar Energy (NISE) has assessed the solar power potential of the country at 748 GW.

Solar energy output in the country was 25.87 billion units in 2017-18, which was higher than 13.49 billion units in 2016-17, 7.44 billion units in 2015-16 and 4.59 billion units in 2014-15, it stated. PTI KKS MKJ MKJ

SAN JOSE, Calif., Aug. 7, 2018 /PRNewswire/ — SunPower (NASDAQ:SPWR) announced today that the company supplied four megawatts of high efficiency SunPower^® E-Series solar panels for a ground-mounted solar power system in Amman, Jordan. The system is generating power for Arab Jordan Investment Bank’s (AJIB) headquarters, and branches in the Amman area. Designed and constructed by Wathba Energy, it was commissioned in July 2018 and is expected to generate seven gigawatt hours of electricity in the first year of operation.

“There is tremendous growth potential in Jordan’s solar market, and we congratulate AJIB for its leadership in the use of this affordable, renewable power source,” said Dr. Feras Batarseh, general manager of Wathba Energy. “SunPower’s high performance solar panels will optimize the value of this project for AJIB, by maximizing energy production and helping AJIB achieve its financial and operational goals.”

“Customers worldwide rely on SunPower solar panels for proven performance and reliability,” said SunPower Executive Vice President Peter Aschenbrenner. “Backed by a strong SunPower product and power warranty, the panels installed on the ground-mounted system can generate long-term value and cost-competitive solar power for 25 years or more.”

SunPower E-Series panels deliver an average 20.4 percent efficiency to maximize energy production in space constrained areas. Compared to conventional solar panels, E-Series panels produce up to 36 percent more power per panel, and 60 percent more energy per square foot over 25 years.

About AJIB

For more than four decades, the Arab Jordan Investment Bank (AJIB) has built a legacy of excellence and leadership as one of Jordan’s leading investment and commercial banks.

As part of its long-standing commitment to excel in achieving its clients’ satisfaction, AJIB ensures that it delivers superior service and best-in-class product offerings that meet all of the investment, commercial and private banking needs of our clients. AJIB continuously updates and develops its human resources, best practices and technologies to fulfill the ever-growing needs of corporate, high net-worth individuals and sophisticated clients in Jordan and the region.

About Wathba Energy

Wathba Energy is a division of Wathba Investment Company, which was established in 1996 as a supplier of electro-mechanical systems for domestic, commercial and industrial applications. It provides systems on a turnkey basis including design, supply, installation, commissioning, operation and maintenance of photovoltaic solar systems for electricity generation based on net-metering and wheeling concepts.

About SunPower

As one of the world’s most innovative and sustainable energy companies, SunPower Corporation (NASDAQ:SPWR) provides a diverse group of customers with complete solar solutions and services. Residential customers, businesses, governments, schools and utilities around the globe rely on SunPower’s more than 30 years of proven experience. From the first flip of the switch, SunPower delivers maximum value and superb performance throughout the long life of every solar system. Headquartered in Silicon Valley, SunPower has dedicated, customer-focused employees in Africa, Asia, Australia, Europe, North and South America. For more information about how SunPower is changing the way our world is powered, visit www.sunpower.com.

SunPower Forward Looking Statements:

 This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements regarding project plans, relative generating capacity, projected energy output and expected cost savings. These forward-looking statements are based on our current assumptions, expectations, and beliefs and involve substantial risks and uncertainties that may cause results, performance, or achievement to materially differ from those expressed or implied by these forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to: regulatory changes and the availability of economic incentives promoting use of solar energy, competition and market conditions in the solar and general energy industry, and overall market dynamics. A detailed discussion of these factors and other risks that affect our business is included in filings we make with the Securities and Exchange Commission (SEC) from time to time, including our most recent reports on Forms 10-K and 10-Q, particularly under the heading “Risk Factors.” Copies of these filings are available online from the SEC or on the SEC Filings section of our Investor Relations website at investors.sunpowercorp.com. All forward-looking statements in this press release are based on information currently available to us, and we assume no obligation to update these forward-looking statements in light of new information or future events.

©2018 SunPower Corporation.  All Rights Reserved.  SUNPOWER and the SUNPOWER logo are registered trademarks of SunPower Corporation in the U.S. and other countries as well.

SOURCE SunPower Corp.

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