In The Spotlight
Sunnova Energy Corporation, the largest residential solar provider in Puerto Rico, is working to send energy storage systems (batteries) to the island to integrate into existing solar installations.
RGS Energy (NASDAQ: RGSE) has entered into an exclusive domestic and international license agreement with The Dow Chemical Company for the POWERHOUSE™ solar shingles system, an innovative and aesthetically pleasing solar shingle system developed by Dow that has been deployed on more than 1,000 homes. See images of the solar shingles and additional information about POWERHOUSE™ solar shingles at RGSPOWERHOUSE.com
Adding to its reputation of India’s leading Rooftop Solar Developer, CleanMax Solar emerged victorious in the category of Leading EPC - Solar – Rooftop at the recently held Renewable Energy India Awards (REIA) 2017.
Adobe India today announced that its Bengaluru campus has become among the first in the state of Karnataka to meet 100 percent of its power consumption requirements through renewable energy.
Soltec, a leading manufacturer of single-axis solar trackers, is supplying complete tracker equipment to the Eagle Point solar PV plant located in the state of Oregon by leading project developer Cypress Creek Renewables.
Waseda Farms has created a unique footprint in Northeast Wisconsin the last 10 years by turning organic farming into healthy consumption of beef, pork, poultry and eggs at the table. Its forward-thinking team has taken its sustainability-infused process for breeding animals and producing wholesome food a step further.
LG Electronics brings its most powerful and energy efficient solar module technology to Solar Power International in the form of the LG NeON R. The new residential module, available in the US this month, creates a system with seamless installation and use, improved temperature coefficient and heightened visual appeal making it an all-around win for energy-conscious homeowners.
SolarEdge Technologies, Inc. a global leader in PV inverters, power optimizers and module-level monitoring services, and solar panel leader LG Electronics USA are debuting a joint smart module targeting the high-end residential and commercial PV rooftop markets in North America.
Equis Energy , Asia‐Pacific’s largest renewable energy IPP, has been awarded a contract by Taiwan’s Ministry of Economic Affairs’ Bureau of Energy (BOE) to develop a 70.2 MW solar project in Chiayi County’s Yizhu Township.
With more than 12,000 visitors from 47 countries, the 5th Intersolar South America exhibition and conference - the key platform for promoting solar
technologies in South America - closed its doors in Sao Paulo last week.
On what stage of development the Polish photovoltaic sector is? Is it possible to use more potential of the PV market in Poland in the near future?
Yellow Door Energy , a Dubai-based firm that invests in and operates distributed solar and energy efficiency assets, and Middle East Insulation, a leading player in the UAE's cladding and roof industry, announced that they signed an agreement to install a 205 kWp solar PV plant at Middle East Insulation's newest facility in DIP, Dubai.
Market analysts project a strong solar growth in several major South American markets.
Canadian Solar Inc ,one of the world’s largest solar power companies, and EDF Energies Nouvelles,a global market leader in renewable energy, announced a partnership in the 92.5 MWp Pirapora III photovoltaic project in Brazil, through the sale of 80% interest in the Project by Canadian Solar to EDF EN do Brasil, EDF Energies Nouvelles’ local subsidiary.
ACWA Power signed the Power Purchase Agreement with the Government of Egypt for three solar photovoltaic power plants in Benban
The Top Solar Contractors list is developed by Solar Power World to recognize the work completed by solar contractors across the United States. The list was released on July 25. "The 2017 Top Solar Contractors list features 500 of the best solar contractors in the United States," said Kelly Pickerel, Managing Editor of Solar Power World.
Canadian Solar Inc , one of the world's largest solar power companies and EDF Energies Nouvelles, a global market leader in renewable energy announced that the 191.5 MWp Pirapora I project had secured a project financing facility amounting to BRL529 million (US$163 million) from the BNDES.
Trina Solar passed through the product certification test conducted by PV Evolution Labs ("PVEL" for short, a wholly-owned subsidiary of DNV GL), and was rated as a top performer in the Module Reliability Score Card Report 2017 issued by DNV GL.
REC Solar was ranked the 8th largest commercial solar provider in the United States in the 2017 Solar Power World Top 500 Solar Contractors List.
SunPower , a majority-owned subsidiary of Total SA, and Tenergie, an independent renewable power producer, announced that SunPower is supplying 29.9 megawatts (MW) of its high efficiency SunPower® E-Series solar panels for several rooftop and ground-mount solar projects that Tenergie is developing in France.
Global reports on energy storage markets point out that the United States (specifically California) and Germany stand out in the storage of electrical energy generated by means of photovoltaic, due to large generation and consumption.
REC Solar was ranked the 8th largest commercial solar provider in the United States in the 2017 Solar Power World Top 500 Solar Contractors List.
Advanced Green Technologies (AGT), a leading provider of solar energy system engineering, procurement, and construction solutions earns the Top Commercial Solar EPC ranking in the State of Florida for the sixth consecutive year, and 48th in the nation by Solar Power World for 2017, the solar industry’s leading media resource.
Energy-focused blockchain investment fund Solar DAO has proudly announced the dates for its two-stage ICO crowdfunding campaign. Both the Pre-ICO and ICO will raise funds which the company will invest into constructing a new PV solar plant.
CleanMax Solar, India’s largest rooftop solar developer for the corporate sector, today announced that it has secured equity financing of up to USD 100 million from an affiliate of Warburg Pincus, a global private equity firm focused on growth investing.
EDF Renewable Energy announced the acquisition of the 179 megawatt AC (MWac) Switch Station 1 and Switch Station 2 Solar Projects from First Solar, Inc. in late June.
Zwolle production unit gets solar-powered roof equivalent to the size of nearly eight football pitches, bringing it nearer to the goal of being carbon neutral by 2020.
India’s booming economy and the increasing need for electricity have made the country quickly emerge as one of the world’s hotspots for solar power.
As a part of a major programme of ongoing investment in the UK renewable energy operation services market, BayWa r.e. has opened new offices in Milton Keynes.
Trina Solar's PV modules have commenced operations in a 455MW DC solar power plant in Andhra Pradesh developed by SB Energy, a joint venture between SoftBank Group, Bharti Enterprises and Foxconn Technology Group. This is the largest single order that Trina Solar has ever closed in India.
Green Power EMC, the renewable energy supplier for 38 Georgia EMCs , and Silicon Ranch, one of the nation’s largest independent solar power producers, announced a landmark agreement to bring an additional 200 megawatts (MWAC) of solar energy online by the year 2020.
Canadian Solar Inc , one of the world's largest solar power companies announced it will showcase its latest high efficiency poly modules, named Ku Modules at the Intersolar Europe from May 31 to June 2 at Messe Munchen in Munich.
Recent work to modernize power plants and generate cleaner electricity, responsibly manage coal ash and respond to major storms is at the heart of the request by Duke Energy Progress to change customer rates.
ees Europe, Europe’s largest and most visited exhibition for batteries and energy storage systems, is opening its doors in Munich today to visitors from all over the world.
Intersolar Europe, the world’s leading exhibition for the solar industry and its partners, is now open. This year's exhibition focuses on the new energy world. One of the highlights is the special exhibit Smart Renewable Energy.
With retroactive effect from 1 April 2017, BayWa r.e. is taking over the business of OneShore Energy. The Berlin-based start-up specializes in the analysis, planning and operation of solar-diesel hybrid plants. With this acquisition,BayWa r.e is further expanding its commitment to offgrid solutions.
From energy storage systems for private homes and commercial applications to energy management and smart systems integration to e-mobility and large-scale storage systems:
Karel De Winter, International Development Director and co-founder of the Middle East Solar Industry Association (MESIA), will be examining top trends and key areas of potential in the Middle East and North Africa as part of a side-event at Intersolar Europe in Munich on June 1, 2017.
Renewable energy company Soltage LLC and Basalt Infrastructure Partners LLP announced that they have closed an investment in a nine-project, 57-megawatt (MW) solar project portfolio across the state of North Carolina.
ET Solar, a differentiated global top-quality PV module provider,and Royal DSM, the global Life Sciences and Materials Sciences company signed a strategic partnership agreement to commercialize PV solar modules featuring unique sustainable and durable backsheets.
The ever changing weather conditions that solar modules are exposed to can put materials and components under considerably strain.
The Intersolar AWARD is celebrating its 10th anniversary: The award honors pioneering products and solutions in the solar industry for the 10th time running. Once again, attendees submitted impressive innovations in the Photovoltaics and Outstanding Solar Projects categories this year.
JinkoSolar Holding Co Ltd. , a global leader in the pv industry announced that it has supplied 42 MW of solar modules to Asunim Yenilenebilir Enerji Teknolojileri İnş. Müh. San. Tic. Ltd. for use in two PV power plants implemented by Asunim in Izmir Province, southwest Turkey.
DSM, a global science-based company active in health, nutrition and materials, today unveiled its new Anti-Soiling (AS)coating for Photovoltaic (PV) solar glass.
Midsummer, the Swedish leading technology provider of equipment for cost-effective manufacturing of flexible CIGS thin film solar cells announced the launch of a complete solution for BIPV metal roof systems together with the Swedish Metal roofing company Clix Steel Profile AB.
Large-scale photovoltaic power plants are an important driver for global PV growth. A growing number of large-scale projects are being implemented and connected to the grid around the world.
Today one of the most important events in the energy field was heldin Moscow. The name of the Global Energy Prize laureate was announced during the international press conference. In 2017.
Enel, through its Mexican renewable energy subsidiary Enel Green Power México (EGPM), has begun construction of Don José solar photovoltaic (PV) plant, which is located in San Luis de la Paz, in the country’s North-Central state of Guanajuato.
Array Technologies, the pioneer and global leader in reliable solar tracking solutions, is pleased to announce its expansion to the Australian market and the opening of its office in Sydney.
From May 31–June 2, 2017, Intersolar Europe is once again set to serve as the most important industry meeting point for the solar industry and its partners. Manufacturers, distributors, service providers and suppliers will gather in Munich to discuss the latest trends, technologies and products.
Today, it is primarily homeowners who benefit from installing photovoltaic (PV) systems on their roofs. New models, however, intend for tenants to also share in what is known as the direct power concept and, in turn, take part in the urban energy transition.
SolAero Technologies Corp , a leading provider of high efficiency solar cells, solar panels, and composite structural products for satellite and aerospace applications, announced that it has delivered its high performance, lightweight solar cell technology to the U.S. Naval Research Laboratory (NRL) to power its Solar-Soaring UAV demonstrator.
National Development, Altus Power America and Borrego Solar Systems announce the completion of a 3.9 megawatt (MW) roof-top solar installation, located on a 430,000 -square-foot manufacturing and distribution center straddling the Boston/Dedham line.
Dominion announced that it plans to construct, own and operate 81 megawatts (AC) of solar generating capacity in Jasper County, S.C. Two projects – a 71.4-megawatt facility that would be South Carolina's largest and a 10-megawatt array – are expected to enter service in 2017.
First Solar, Inc and the Moapa Band of Paiutes joined Sen. Dean Heller, Sen. Catherine Cortez Masto, Nevada State Energy Office Director Angela Dykema, Clark County Commissioner Marilyn Kirkpatrick, executives from the LADWP and other community and energy industry leaders to celebrate the commissioning of the Moapa Southern Paiute Solar Project.
JinkoSolar Holding Co. Ltd, a global leader in the photovoltaic industry announced that its wholly owned subsidiary, JinkoSolar Inc., will partner with CleanFund Commercial PACE Capital to offer long-term project financing to US commercial project customers through the SolarPACETM program.
Celebrating its 10-year anniversary, Intersolar North America will once again be the first major solar event of the year. It takes place July 11-13 at the Moscone Center in San Francisco, andis co-located with ees North America and SEMICON West.
Canadian Solar Inc. , one of the world's largest solar power companies announced that it has secured Power Purchase Agreements for an aggregate 80 MWac of solar power projects with the Solar Energy Corporation of India (SECI), a public sector undertaking of the Government of India.
Florida Power & Light Co. announced that it has selected Blattner Energy and Black & Veatch – two of the nation's premiere providers of renewable energy engineering, procurement and construction (EPC) services – to build its new universal solar projects.
In many of the sun-blessed countries in the Middle East, solar energy generation is at the top of the energy agenda. The Intersolar Middle East conference 2017 in Dubai (United Arab Emirates) pays tribute to this fact.
Asian Utility Week (24-25 May 2017, IMPACT, Bangkok) has been running for 18 years in SE Asia. It will attract 3000+ participants from across Asia’s leading utilities, IPPs, Large Energy Users and Vendor Groups.
ACCIONA will supply renewable energy to the petrochemical complex of Repsol Polímeros in Sines under the biggest contract signed to date by the company in the Portuguese market for the supply of energy to major customers.
Canadian Solar Inc , one of the world's largest solar power companies announced that it has received US$20 million unsecured funding from the China and Portuguese-speaking Countries.
An increasing number of photovoltaic plant constructors are investing in large-scale power stations worldwide, creating new areas of focus for the industry.
The AES Corporation and Alberta Investment Management Corporation , on behalf of certain of its clients, have agreed to acquire FTP Power LLC (sPower), the largest independent owner.
Vasari Energy, Inc., a California based solar energy developer, announced today the company has formally expanded operations into Texas.
NV Energy announced that the 50-megawatt Boulder Solar II power plant which was developed, designed and constructed by SunPower achieved its commercial operation status and is now serving NV Energy customers in Nevada.
Dominion is investing more than $800 million in solar power in Virginia, with much of it being built at little or no cost to most customers. Additional solar projects are now in the planning stages.
On January 26th, the Peninsula Clean Energy (PCE) board of directors approved a long-term power purchase agreement (PPA) for 20 years to purchase the output from a new 200 MW solar photovoltaic power plant to be built in Merced County.
Prime Road Group and First Solar, Inc welcome the completion of four solar farms totaling 18 megawatts (MWDC) of capacity in Thailand.
The Puerto Libertad photovoltaic plant in the State of Sonora (México) will see its capacity increased by 50% to 339 MWp (270 MW rated capacity) following the signature of a private purchase agreement between the joint venture that owns the project (participated at 50% by ACCIONA Energia and TUTO Energy) and the company TUTO Energy Trading.
Sky Solar Holdings, Ltd , a global developer, owner and operator of solar parks announced that the Company entered into Share Purchase Agreements with A.W. Aktina Wind Limited (the “Buyer”), a non-affiliate of the Company.
Canadian Solar Inc, one of the world's largest solar power companies, today announced that Wirsol has started the commercial operation of a 30MWp solar photovoltaic (PV) power plant in Delfzijl, Netherlands, for which Canadian solar has supplied the panels.
NV Energy and Apple announced they have reached an agreement to build 200 megawatts of additional solar energy in Nevada by early 2019.
Midsummer, a leading supplier of production lines for cost effective manufacturing of lightweight flexible CIGS solar cell announced that its Asian client now manufactures lightweight flexible solar modules with conversion efficiency of 14 per cent.
PSEG Solar Source announced it has acquired two North Carolina solar facilities from BayWa r.e., with a total capacity of 47 MWs-dc, representing a total investment of $74.6 million.
DNV GL has assessed the market’s new offshore turbine in development and awarded Siemens Wind Power with the Prototype Certificate for its 8 megawatt (MW) offshore wind turbine SWT-8.0-154.
When developing a utility-scale solar PV project, accurately projecting the site’s power output is crucial. For its 33MW Kumenan PV project in Japan, Pacifico Energy experimented with publically available data before seeking a more precise measurement solution.
Clenergy Technology Co Ltd was officially listed during a grand listing ceremony at the Shanghai Stock Exchange (SSE).
Chinese solar panel manufacturers are targeting the Middle East, North Africa, and South Asia markets, with large-scale investment in renewable energy expected to drive a rapid increase in demand for imported technology.
SPI Energy Co Ltd ,a global clean energy market place for business, residential, government and utility customers and investors, today announced that it has acquired 50% equity interest in two solar projects , currently under construction with combined capacity of 3.98 MW, from Japan-based EastAsia Group Co. Ltd
New Energy Solar and SunPower Corp announced that New Energy Solar has acquired a substantial majority interest in two large-scale solar projects, totalling over 134 megawatts (MW), that SunPower developed, designed and constructed in Kern County, California.
Solar Frontier K.K , the world’s largest provider of CIS solar energy solutions, and Delta Electronics (Thailand) PCL., one of the world's leading producers of power supplies and electronic components, announced the completion of four projects totaling 510kWp in size at the Delta Electronics factory site, in the Bangpoo Industrial Estate near Bangkok, Thailand.
Coronal Energy, powered by Panasonic announced plans to substantially increase the number of solar PV projects it will acquire in 2017 and 2018.
Coronal Energy, powered by Panasonic announced that Coronal Tulare, a 34 MWac (44.2 MWdc) solar energy facility, began commercial operation in mid-September.
Dubai Electricity and Water Authority (DEWA) has signed a Power Purchase Agreement (PPA) with Abu Dubai Future Energy Company (Masdar), for the 800MW third phase of the Mohammed bin Rashid Al Maktoum Solar Park.
ACWA Power is delighted to announce that the Financial Agreements of ACWA Power Mafraq, 60.3 MWp PV IPP, have been executed on the 12th November 2016.
El Romero Solar (capacity 246 MWp) has been connected to the Central Interconnected System of that country, thirteen months after the start of construction work.The 776,000 photovoltaic modules that make up the plant have already been installed, covering a solar capture surface area equivalent to 211 soccer pitches
The German inverter manufacturer, KACO new energy GmbH, has made new three-phase devices available. The blueplanet 8.6 TL3 and 10.0 TL3 are suitable for residential and commercial-scale PV arrays; the blueplanet 20.0 TL3 fits commercial systems as well as large-scale, industrial-sized power plants. All three inverters enter the market with approvals for a large number of countries.
A consortium led by leading water and power developer ACWA Power completed the signing of an agreement to develop and operate a 170 MW photovoltaic (PV) facility in the Kingdom of Morocco during a ceremony at COP22 in Marrakech.
Shuaa Energy 1 PSC, ownership and developer for the second phase of the Mohammad bin Rashid Solar Park in Dubai, announced today that it has crossed the 50 percent threshold for construction of the project.
DTE Energy, the state's largest investor in renewable energy, has completed installation of a 900-kilowatt solar array at GM's Warren Transmission plant.
First Solar, Inc announced that it has commissioned the 52.5 megawatt (MW)AC Shams Ma'an project in the Hashemite Kingdom of Jordan, on schedule.
Clenergy, the leading solar mounting solution provider, is pleased to announce that it has joined the Powerful Blueplanet business collaboration project launched by PEA Encom and Fah Chai Engineering (FCE) in Thailand.
Duke Energy's Solar Rebate Program has paid almost $5 million in rebates to South Carolina customers who have invested in solar power at their residences or businesses.
Hyflux Ltd a global leader in sustainable solutions for water and energy resources, announced at WETEX Dubai 2016 that it is expanding the available configurations for its PoroCep® Membrane Bioreactor (MBR) packaged systems.
GivePower Foundation, a non-profit organization that uses clean energy technologies to deliver essential community services to the developing world, has launched a global program to support the development of minigrids—solar power and battery storage combinations capable of providing continuous power to a small village or cluster of buildings— for communities in need. The new solar-powered grids will be applied to projects that impact the following seven sectors: education, water, health, food security, economic development, telecommunications and conservation.
Minigrid solar systems expand GivePower Foundation’s previous work to bring light to a school in need for every megawatt of solar power that SolarCity installed. By expanding work beyond schools to additional and critical infrastructures in developing communities, GivePower hopes to create both safety and security through dependable energy for remote off-grid communities across the world, as well as provide opportunities for revenue for the residents with the gift of power. GivePower’s minigrid systems—typically expected to comprise up to 50 kilowatts of solar power and additional battery technologies—will provide reliable, clean power without the need for extensive, costly traditional grid infrastructures such as transmission and distribution channels.
GivePower Foundation’s first minigrid system has been installed at the Virunga National Park, a UNESCO World Heritage Site in the eastern Democratic Republic of Congo. Africa’s oldest national park and most biologically diverse protected area, Virunga is home to nearly a quarter of the world’s critically endangered mountain gorillas. The project was made possible through a collaboration with Empowered by Light, an organization dedicated to improving lives and the environment through renewable energy technologies.
Solar energy will provide new power sources to three sector posts within Virunga, enabling park rangers to utilize essential tools – including security lights, radios and more – for their work protecting the park’s wildlife. These systems now bring power to remote areas of the park, contributing to existing infrastructure in order to provide reliable and sustainable sources of electricity. This newest solar project complements the ongoing work of the Virunga Alliance, which is committed to bringing peace and prosperity to communities in and around Virunga’s borders through the responsible economic development of the park’s natural resources, with a bold plan to bring clean energy to the four million people who live within a day’s walk of the park’s borders.
GivePower Foundation is providing the solar power installation, engineering, design and training for the Virunga community to fully utilize the benefits of solar power. Tesla’s battery storage technologies are also being used for the minigrid project to allow park rangers to utilize solar power around the clock.
Additional minigrid projects are also planned for Latin America and Africa, including two more sites in partnership with Empowered by Light expected to be online by the end of the year. To learn how you can partner with the GivePower Foundation to improve the lives of people in impoverished communities, visit www.givepower.org.
About GivePower Foundation
The GivePower Foundation is a 501c3 non-profit organization committed to extending the environmental and social benefits of clean, renewable energy across the world. GivePower uses solar energy and storage technologies to deliver the most essential community services to the developing world. Originally created by SolarCity, the Foundation has helped power some of the economically poorest countries, including communities in Nicaragua, Haiti, Malawi, Mali, Nepal and Senegal. Visit GivePower online www.givepower.org and follow the organization on Facebook & Twitter.
Southern Company subsidiary Southern Power and SunPower Corp. today announced that Southern Power has acquired a controlling interest in the 102-megawatt (MW) Henrietta Solar Project in Kings County, California, from SunPower, which will own the remaining interest in the project.
"The acquisition of the Henrietta Solar Project underscores Southern Power's leadership in developing
renewable energy," said Southern Power President and CEO Buzz Miller. "Through strategic partnerships, including with SunPower, we continue to accelerate our solar generation growth in California."
The Henrietta Solar Project represents Southern Power's first joint venture with SunPower, which developed, designed and is constructing the facility and will operate and maintain it upon completion. Construction began in May 2015, and the project is expected to be fully operational in the third quarter of this year.
"With over 30 years' experience and more than 2.5 gigawatts of innovative solar power plants operating around the world, SunPower is a global leader driving the adoption of reliable, cost-effective solar power at utility scale," said SunPower CEO Tom Werner. "We are proud to partner with Southern Power to deliver long-term value for the utility, its customer, and the California homes and businesses that will benefit from the emission-free power generated by the Henrietta Solar Project."
Existing Southern Power customer Pacific Gas and Electric Company will purchase the electricity and associated renewable energy credits (RECs) generated by the facility under a 20-year power purchase agreement.
SunPower is constructing a SunPower® Oasis® Power Plant system at the approximately 670-acre Henrietta site. Oasis is a fully-integrated, modular solar power block that is engineered to rapidly and cost-effectively deploy utility-scale solar projects while optimizing land use. Once operational, the facility is expected to be capable of generating enough electricity to help meet the energy needs of approximately 24,000 average U.S. homes.
The Henrietta Solar Project fits Southern Power's business strategy of growing its wholesale business through the acquisition and construction of generating assets substantially covered by long-term contracts. With more than 2,100 MW of renewable generating capacity ownership, Southern Power assembled its nationally recognized renewable portfolio through the strategic acquisition or development of 28 solar, wind and biomass projects that are either in operation or under construction across the United States. The Henrietta Solar Project marks Southern Power's 11th solar project in California and is the company's first acquisition in Kings County.
Southern Power provides wholesale generation to more than 40 energy providers that serve more than 40 million customers across the country.
About Southern Power
Southern Power, a subsidiary of Southern Company, is a leading U.S. wholesale energy provider meeting the electricity needs of municipalities, electric cooperatives, investor-owned utilities, and other energy customers. Southern Power and its subsidiaries own or have the rights to 37 facilities operating or under construction in 10 states with more than 10,700 MW of generating capacity in Alabama, California, Florida, Georgia, Maine, Nevada, New Mexico, North Carolina, Oklahoma and Texas.
As one of the world's most innovative and sustainable energy companies, SunPower (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.
About Southern Company
Southern Company is America's premier energy company, with 44,000 megawatts of generating capacity and 1,500 billion cubic feet of combined natural gas consumption and throughput volume serving 9 million electric and gas utility customers through its subsidiaries. The company provides clean, safe, reliable and affordable energy through electric utilities in four states, natural gas distribution utilities in seven states, a competitive generation company serving wholesale customers across America and a nationally recognized provider of customized energy solutions, as well as fiber optics and wireless communications. Southern Company brands are known for excellent customer service, high reliability and affordable prices that are below the national average. Through an industry-leading commitment to innovation, Southern Company and its subsidiaries are inventing America's energy future by developing the full portfolio of energy resources, including carbon-free nuclear, 21st century coal, natural gas, renewables and energy efficiency, and creating new products and services for the benefit of customers. Southern Company has been named by the U.S. Department of Defense and G.I. Jobs magazine as a top military employer, recognized among the Top 50 Companies for Diversity by DiversityInc, listed by Black Enterprise magazine as one of the 40 Best Companies for Diversity and designated a Top Employer for Hispanics by Hispanic Network. The company has earned a National Award of Nuclear Science and History from the National Atomic Museum Foundation for its leadership and commitment to nuclear development and is continually ranked among the top utilities in Fortune's annual World's Most Admired Electric and Gas Utility rankings. Visit our website at www.southerncompany.com.
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 expected project timelines, 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, challenges inherent in constructing and maintaining certain of our large projects, and fluctuations or declines in the performance of our solar panels and other products and solutions. 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 Form 10-K and Form 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.