Principal Solar Institute Marks First Anniversary: Launches Manufacturer Ratings Table to Augment Unbiased, Comprehensive Sol...
February 26 2014 - 9:04AM
Business Wire
The Principal Solar Institute ("the Institute"), an online
reference center and resource guide for commercial and utility
scale solar markets, acknowledges the growing influence of its PV
Module Rating one year after introduction, expands its database in
response to requests by thousands of visitors, and launches a new
Manufacturer Ratings Table.
“It’s gratifying to see the progress we’ve made with the PSI
Ratings in such a short time,” says Matthew A. Thompson, Ph.D.,
executive director, Principal Solar Institute. “As the first-of-its
kind approach allowing easy, unbiased, comprehensive analysis and
comparison of photovoltaic (PV) modules, PSI Ratings elevate the
solar industry by allowing solar consumers to compare the critical
characteristics of PV modules between different manufacturers and
across product lines.”
Solarize Frederick County, a special pilot project of the
Renewable Star Challenge to increase solar electric and solar hot
water system installations in Frederick County, MD, cited the PSI
Ratings as an example of their requirements for installer’s
bids.
The PSI Ratings take a rigorous approach similar to the
financial sector which turns to Standard and Poor’s Ratings for
investments, and the air conditioning industry which relies upon
SEER Ratings, to help consumers identify the best products for
their needs.
After numerous inquiries about ratings of PV modules from
manufacturers that were not among the top 500 PV modules, the
Institute added a Web page that shows all of the 398 PV module
manufacturers in the PSI database, the number of rated modules for
each manufacturer and the PSI Rating range for each
manufacturer.
In another significant update, website visitors can now “Compare
PV Modules by Manufacturer,” in addition to “Compare and Analyze PV
Modules” on the original Web page.
Dr. Thompson adds, “With other firms' projections showing that
solar projects could produce power at costs significantly lower
than nuclear, coal or natural gas by 2020, there’s never been a
more important time for the solar power industry to have a method
to uniformly evaluate PV modules and manufacturers in order to make
technologically and financially optimal decisions.”
About The Principal Solar Institute
The Principal Solar Institute (The Institute) is an
educational organization created by Principal Solar, Inc. (PSI; OTC
Pink: PSWW), dedicated to the deployment of solar as a key
component of the mainstream energy mix. PSI recognizes that access
to clean, affordable energy is key to human health and prosperity,
identifies the major barriers to large scale solar adoption and
provides solutions. Visit www.principalsolarinstitute.org.
CPR for Principal Solar, Inc.Joelle Caputa, 201-641-1911
x54Jcaputa@cpronline.com
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