Media, Inc.

All Penny News: Solar Power Enters Into Joint-Development Agreement with Aqua Clean Energy


Mississauga, ON -- (SBWIRE) -- 03/19/2015 -- Media, Inc. ( announces its latest article titled "Solar Power Enters Into Joint-Development Agreement With Aqua Clean Energy."

Companies mentioned in this article include Solar Power Inc. (OTCQB:SOPW).

Article Excerpt:

A report by the Solar Energy Industries Association and GTM Research shows that the U.S. is on track to complete its one millionth installation in 2015. notes that in 2014, solar PV installations increased an impressive 36%.

The website further notes that although both big and small solar projects are increasing, the growth in 2014 was mainly driven by the utility market.

This sentiment is also echoed by the U.S. Energy Information Administration (EIA), which said in its Short-Term Energy Outlook report that it expects continued growth in utility-scale solar power generation. The EIA expects utility-scale solar power generation to average 74 gigawatthours (GWh) per day in 2016.

The EIA though also noted in its report that despite the significant growth, utility-scale solar power will average just 0.6% of total U.S. electricity generation in 2016. However, this also highlights the fact that there is room for significant growth.

Not surprisingly, many solar power companies are entering into agreements to develop PV projects. This morning, Solar Power Inc. (OTCQB:SOPW), which is a vertically-integrated PV project developer, said that it is partnering with Aqua Clean Energy to jointly develop floating PV projects in the states of California, Arizona, New Mexico, Texas, as well as in Mexico.

The full version of this article can be found at:

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