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STRONG GROWTH OF THE US SOLAR MARKET TO BE EXPECTED – FOCUS ON EAST COAST STATES AT THE INTERSOLAR SUMMIT USA EAST

in America, Press Statements, Renewable Power, Solar Energy

Note* - All images used are for editorial and illustrative purposes only and may not originate from the original news provider or associated company.

During the last few years, several East Coast states, such as New York, New Jersey, Connecticut and Massachusetts, have become some of the fastest growing solar PV markets in the United States. According to market experts the US solar market is predicted to grow by approx. 30% to 8.5 GW in 2015 as installations accelerate with the looming ITC [Investment Tax Credit] expiration deadline at the end of 2016. Many companies already plan to ignite the turbo for pushing installations before the hot ITC phase in 2016. Especially the State of New York holds massive potential for solar energy and ranks among the top US solar markets. That’s why the next Intersolar Summit USA East takes place on May 7th, 2015 in the middle of it, namely in Brooklyn. The State of New York and the New York State Senate are one of the official partners of the leading solar summit held in the region. The organizers are expecting more than 300 experts and more than 20 exhibitors.

 

Pforzheim / Brooklyn, New York – April 22, 2015. Once again attendees will benefit from the successful combination of conference and exhibition in order to strengthen the networking aspect and foster the experts’ exchange. Keynote speakers include New York State Senator Kevin S. Parker as well as Brooklyn Borough President Eric L. Adams, and Richard L. Kauffman, Chairman of Energy and Finance for New York and Chair of the New York State Energy Research and Development Authority Board (NYSERDA), which is one of the diamond sponsors of the summit besides the Resilient Solar Alliance. The discussion will address the following two questions: what is next for solar energy in the Mid – Atlantic States and what are the key implications of the mid-term elections for the region’s solar future. One answer to these questions can be found in NYSERDA’s announcement of having formed a partnership with 26 community campaigns across the state in order to encourage more New Yorkers to see the benefits of solar power and to sign on to the Community Solar NY program. Community Solar NY is supporting these campaigns in various ways, for example, by providing marketing materials, a streamlined customer acquisition platform, technical assistance and funding, and also by sharing best practices to help community projects succeed. Programs like this are part of the Governor’s “Reforming the Energy Vision” plan, which aims at promoting a more responsible use of energy and spurs clean energy innovation and investment. These programs include the $1 billion NY-Sun Initiative, to advance the scale-up of solar and move the state closer to having a sustainable, self-sufficient solar industry, and K-Solar, which provides technical and financial support to enable public schools to install solar with no upfront costs. By this New York is pioneering a new state-wide approach, giving customers new opportunities for energy savings, local power generation, and enhanced reliability to provide safe, clean, and affordable electric service to all customers.

 

As the organizers aim at pooling their expertise and at facing the challenges of the future together, storage solutions have naturally to be taken into consideration for the summit agenda. Doug Staker, Vice President of Global Sales at Demand Energy, Mark Crowdis, President for Renewable Energy at global x Tax, as well as Tom Leyden, Vice President for Energy Storage Deployment at Sun Edison, will discuss the US East Coast Energy Storage Landscape in view of an evaluation of potentials and profitable business cases.The event features current topics including, among others, key shifts in the East Coast’s solar markets, business climate updates, new potential growth areas, forthcoming legislation issues affecting state-specific industry developments and upcoming challenges to meet stakeholders’ expectations.

 

Information on the Intersolar Summit

 

The Solar Promotion International GmbH and the Freiburg Management and Marketing International GmbH are the organizers of the event in cooperation with the co-organizer EuPD Research.

 

The Intersolar Summit USA East is officially supported by the New York State and the New York State Senate. Diamond Sponsors are the New York State Energy Research and Development Authority Board (NYERDA) and the Resilient Solar Alliance, Premium Sponsor is Demand Energy, Silver Sponsors are Canadian Solar and OnForce Solar. Exhibition Sponsors are Jinko Solar, Kaplan Clean Tech Education and KB Racking. Further supporters of the Intersolar Summit USA East are the California Solar Energy Industries Association (CALSEIA), the electrical energy storage (ees), EPIA, GreenCity Freiburg, the Gulf States Renewable Energy Industries Association, the Hawaii Solar Energy Association, IBESA International Alliance, Join Forces for Solar, the Missouri Solar Energy Industries Association (MOSEIA), the Mid-Atlantic Solar Energy Industries Association (MSEIA), NAATBatt International, NABCEP, NC Sustainable Energy Association, New Jersey Pace, New York Solar Energy Society, Pennsylvania Solar Energy Industries Association (PASEIA), U.S. Photovoltaic Manufacturing Consortium (PVMC), Solar Energy Business Association of New England, Tennessee Solar Energy Industries Association (TenneSEIA) and Texas Renewable Energy Industries Association (TREIA).

 

About the Diamond Sponsors:

The New York State Energy Research and Development Authority, known as NYSERDA, promotes energy efficiency and the use of renewable energy sources. These efforts are key to developing a less polluting and more reliable and affordable energy system for all New Yorkers. Collectively, NYSERDA’s efforts aim to reduce greenhouse gas emissions, accelerate economic growth, and reduce customer energy bills.

 

Resilient Solar Alliance (RSA) builds innovative solar/battery hybrid energy systems that combine technological savvy with capital financing and commodities trading. These systems utilize proprietary state-of-the-art software, technology, and design to make communities and critical facilities resilient to power outages, even during natural disasters. RSA is a joint venture among Advanced Solar Products, a solar “design, build and construct” company and a leader in renewable energy policy, A.F. Mensah, Inc., a next-generation energy company that uses battery storage and advanced controls to improve the economics of solar power generation, and Spano Partners, LLC, a solar development, investment and consulting firm.

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