The economics of solar power are steadily improving. It is a far more cost-competitive power source today than it was in the mid-2000s, when installations and manufacturing were taking off, subsidies were generous, and investors were piling in. Consumption continued rising even as the MAC Global Solar Energy Index fell by 50 percent between 2011 and the end of 2013, a period when dozens of solar companies went bankrupt, shut down, or changed hands at fire-sale prices.
The bottom line: the financial crisis, cheap natural gas, subsidy cuts by cash-strapped governments, and a flood of imports from Chinese solar-panel manufacturers have profoundly challenged the industry’s short-term performance. But they haven’t undermined its potential; indeed, global installations have continued to rise—by over 50 percent a year, on average, since 2006. The industry is poised to assume a bigger role in global energy markets; as it evolves, its impact on businesses and consumers will be significant and widespread. Utilities will probably be the first, but far from the only, major sector to feel solar’s disruptive potential.
Enterprise Power Management Added to XsunX Commercial Solar Power Systems
ALISO VIEJO, CA /ACCESSWIRE - XSNX, a solar energy solutions provider, announced that it has begun to bundle a commercial power management "CPM" technology with its solar power systems. The company's new offering provides clients with access to increased energy savings and faster payback times for solar energy investments while adding only pennies to the per/watt costs of its systems.
"There are potential savings in the way businesses use electricity," stated Tom Djokovich, XsunX CEO. "The first step in finding these hidden savings is to reduce energy costs by adding one of our commercial solar power systems. Our new CPM bundle then provides clients with a total energy efficiency management package which includes the tools to monitor, analyze, and control energy usage to further reduce operating costs."
With the addition of CPM technology, the company's goal is to offer clients a more comprehensive energy saving package to increase the cost savings and value potential clients' consider when deciding to purchase an XsunX commercial power system. XsunX is also working to create a distinct advantage over other solar companies in the market place.
The company's decision to bundle CPM technology was also driven by the various ways businesses are charged by utilities for their electricity usage, and the average client's inability to realize maximum savings from just the installation of solar by itself.
Typically, businesses pay for electricity in two ways - the total kilowatt hours used and the peak energy intensity of what they use. This peak intensity can account for as much as 10% to 50% of a business's utility bill, and can occur anytime of day or night.
XSNX is grabbing a larger and larger share of the market by moving in a commercial and enterprise direction. This is the new catalyst that we think can propel the stock above its recent range, which could amount to significant share price gains.
Solar system sales moving through the pipeline
Aliso Viejo, CA -XsunX, Inc., a leading solar energy solutions provider, announced that its expanded sales force and new financing options have accelerated the pace of sales and the number of solar system proposals in the company's sales pipeline.
Key to the company's sales efforts has been the addition of multiple financing programs designed to offer clients options tailored to their needs. Mr. Djokovich continued, "Initially, we offered a zero down loan program that worked for some customers, but we were seeing a substantial amount of potential business left on the table because we could not match clients' cash-flow needs with system finance options. To overcome this challenge, we now offer access to a range of programs in addition to our zero down loan program such as lease-to-own, PACE and Hero property tax assessment financing, and power purchase options for non-profits."
XsunX Leverages Facility Wide Power Management Benefits of Its Solar System Designs to Close Commercial Sales
ALISO VIEJO, CA / ACCESSWIRE / XsunX, Inc. (XSNX), a leading solar power solutions provider, today announced sales for the delivery of solar power systems integrating new commercial power management features offered by the company have reached over 146kW. Providing detailed on-site energy generation and facility wide usage data, the power management capabilities are designed to assist clients with eliminating inefficiencies while working towards net-zero energy consumption.
Tom Djokovich, CEO, commented, "The complexity of how utilities charge commercial clients for their power makes achieving net-zero energy consumption hard to attain by adding solar alone. Our goal at XsunX has been to deliver technology that could help achieve this goal without driving the cost for a solar power system through the roof. The cost for adding our new commercial power management "CPM" capabilities adds only pennies to a typical commercial solar power system which makes it the no-brainer benefit we were striving to achieve."
The company's addition of CPM technologies to its solar power system designs is the first of two key system upgrades the company is planning. The company's next goal is to integrate on-site power storage to decrease building dependency from utilities for incidental building load demands.
"Our goal is to provide clients with an economically balanced three part solution delivering on-site power production to off-set 100 percent of their kilowatt hour needs, the ability to manage each aspect of how they use power to eliminate waste, and the delivery of on-demand stored power to offset costly incidental power hogging equipment loads."
Posted at Tristate Industrial
California-based Origin Oil, (OTCMKTS:OOIL) once focused on producing fuels and chemicals from algae oils, has been in the process of refocusing its work on clean up processes for contaminated fracking water. Hydraulic fracturing’s greedy water usage has prompted some industry insiders to fear increased government regulation. Origin Oil says it has solved this problem.
The company recently sold a $1.4 million system to a major Mid East oil and gas services firm, Oman’s Gulf Energy.
“Here at Gulf Energy, we are committed to the hydraulic fracture market in the MENA region, which by definition includes the treatment of frac flowback and produced water for recycling. The test results from OriginOil’s CLEAN-FRAC system demonstrations in Colorado and Texas were so impressive, we decided to move forward with a commercial scale five thousand barrel per day system,” stated Yasser Al Barami, Chief Commercial Officer of Gulf Energy SAOC. “We intend to build future units ourselves based on the design of this first unit, but we decided it was prudent to purchase a complete first system which we will mount on a mobile platform.”
Potential licensees and customers will be able to view the company's field-proven process in California
LOS ANGELES, CA. (GLOBE NEWSWIRE) -- via PRWEB - OriginOil Inc. (OTC/QB: OOIL), developer of Electro Water Separation (EWS), the high-speed, chemical-free process to clean up large quantities of water, announced today that in a letter to shareholders, CEO Riggs Eckelberry reported that an OriginOil test site in California is now planned by year-end. The site will be open only to prospective industry licensees and customers. It will also provide a test bed with an Energy Producer in the midst of the California heavy oil play.
Nice strategy for the company:
latest sales pitch: become a solar powered company and take control of your power needs while simultaneously reducing or eliminating unknown risks related to future energy costs by investing in your energy future now