Focused Energy

Focused Energy Announces 1603 Assignment Capability

paul — Tue, 25 Oct 2011 17:19:47 +0000

Focused Energy, a leading wholesale distributor of components for grid-tie PV (solar electric) systems, announced a new program enabling PV project developers and leasing companies to assign the Federal Tax Grant to Focused Energy. This unique mechanism significantly defrays the up-front cost for commercial PV systems as well as those owned by third parties such as leasing companies.

The Federal Tax Grant reimburses the system owner for 30% of system cost. By assigning the tax grant, the system owner avoids expending funds up front for equipment, greatly enhancing the cash flow benefit of the project. The tax grant, which typically takes 90-180 days from project completion to be issued by the US Treasury, can be assigned directly to Focused Energy, securing immediate release of components for installation.

The Federal Tax Grant expires at the end of 2011, although under Safe Haven regulations, installation of some projects can be delayed until 2012.

Focused Energy CEO Paul Benson said, “This 1603 assignment program enables project owners to advance projects without the need to fully capitalize the project at the outset. This should increase the number of projects in pipeline as well as speed up their completion. We worked hard to identify the point in the finance process at which we could add the greatest value, and developed a program that truly makes it easier to develop PV projects. We’re excited to work with our installer partners in this new capacity.”

Focused Energy is also working on a leasing program for residential systems, and expects to unveil it in Q1 2012.

Focused Energy Moves to “Delivered Pricing” Platform

paul — Wed, 27 Jul 2011 16:47:18 +0000

As of July 25, 2011, Focused Energy, wholesale distributor of equipment for grid-tie PV installations, is further differentiating its offering by providing delivered pricing for shipments of any size in the contiguous 48 states.

Delivered pricing eliminates the installers’ need for guesswork in establishing true project costs, and reduces the time needed for the project proposal process. Focused Energy CEO Paul Benson said, “Above all, we want to be easy to work with. This change in our approach to freight charges means our dealers can get an ‘all-in’ price for their project on their first call, without waiting for a freight quote or concerning themselves with discrepancies between freight quotes and actual billings. This will save them time and money.”

New pricing will include regular freight from Focused Energy’s warehouse in Reno, NV to a commercial address in the contiguous 48 states. Drop ships from Focused’s manufacturing partners, expedited shipping, residential deliveries, lift gate charges, and shipments outside the “lower 48″ will still be subject to shipping charges.

Focused Energy is a New Mexico-based distributor of best-in-class products for residential to mid-sized commercial PV projects. Since 2008, Focused Energy has grown to be one of the largest distributors in North America, driven by a business philosophy of streamlined, accurate, and highly responsive customer service and operations.

Focused Energy Helps Local Food Bank Go Green

paul — Fri, 18 Mar 2011 15:34:48 +0000

Focused Energy, together with several other New Mexico renewable energy companies, donated a solar electric system to Roadrunner Food Bank, in Albuquerque NM. The system was commissioned at a public ribbon-cutting ceremony yesterday.

Roadrunner Food Bank is New Mexico’s largest non-profit organization dedicated to ending hunger in New Mexico. Roadrunner’s President and CEO, Melody Wattenbarger, said, “We can take the savings that we would have spent on energy needs this coming year, and put those right to work for our core mission – to obtain more food for the hungry in our state.” The system will save enough energy to provide over 8,000 additional meals annually without a budget increase. Paul Benson, CEO of Focused Energy, added, “It feels great to make a contribution to a non-profit that makes a tangible difference in our community every day, and we love seeing our donation enhance Roadrunner’s capacity.”

Other solar companies involved in the project were Schott Solar, Affordable Solar, and Unirac, all based in Albuquerque. Donations included both system components and installation labor.

Focused Energy and SolarWorld Enter Distribution Partnership

paul — Thu, 30 Dec 2010 22:38:09 +0000

Focused Energy is pleased to announce expansion of its product line to include SolarWorld Sunmodules. We will be carrying the 235W polycrystalline and 245W monocrystalline modules, with the poly module more available earlier in the year. SolarWorld modules are made in the US in a vertically-integrated process, and are also ARRA-compliant. The company has been in existence for over 30 years as a US market leader (and has never had a product recall), and is well-known for its offering of an efficient and well-built product supported by a robust guarantee. We’re excited to add another “best-in-class” product as an option for our customers for 2011.

Power-One opens manufacturing plant in Arizona

paul — Fri, 10 Sep 2010 19:55:09 +0000

Power-One, Inc., a leading provider of renewable energy and energy-efficient power conversion and power management solutions, announced today that it will open its new manufacturing facility in Phoenix, Arizona. The Power-One Phoenix facility will produce its industry-leading photovoltaic and wind inverters, including single phase (2-6KW) and three phase string inverters, and NEMA 3R 250KW, 300KW and 400KW central inverters.

Production will commence in October 2010 and the facility is anticipated to support more than 350 new jobs in Arizona and throughout the United States. The new manufacturing plant will reach an annual inverter production capacity of 1.0 GW by mid 2011.

Focused Energy adds UpSolar PV modules to product offering

paul — Fri, 16 Jul 2010 15:00:10 +0000

Focused Energy has added the UpSolar 225 watt PV module to its product offering. Upsolar was chosen as our value line PV offering based on their commitment to quality manufacturing, third party manufacturing oversight, and receiving the highest ratings from independent testing agencies in Europe. With the addition of UpSolar, Focused Energy now has a solution for the entire spectrum of PV customers.

Global PV Market Exceeded 7 GW in 2009

paul — Wed, 14 Apr 2010 15:55:58 +0000

Almost 7.5 GW of new PV capacity was added worldwide in 2009 according to latest confirmed results from IMS Research. On 9th April, the German Federal Network Agency finally released its December figures for new PV installations confirming IMS Research’s earlier predictions that the German market grew massively in 2009 to reach 3.8 GW, and in fact the global PV market saw double-digit growth. PV Research Director, Ash Sharma commented, “An incredible 1.5 GW of new capacity was installed in Germany in December. This was earlier predicted by IMS Research which measured inverter shipments at 3.5 GW in Q4’09, and also predicted that the global PV market grew by 25% to exceed 7 GW.”

Focused Energy ships over 25,000 Enphase Micro-Inverters

paul — Fri, 19 Feb 2010 16:24:00 +0000

Focused Energy, Inc., a key Enphase distribution partner, achieved a major milestone this month having shipped its 25,000th Enphase Microinverter. As an original launch partner for the microinverter in July of 2008, Focused Energy foresaw the many benefits of microinverter technology for the solar industry and remains committed to driving adoption among its installing partners.

“Focused Energy is a highly valued partner for Enphase. Their years of experience, depth of technical knowledge, excellent customer service, and integrity make them a first choice provider for industry leading solar components among their customers. Enphase and Focused Energy’s values and approach to business are closely aligned, creating a mutually beneficial partnership,” said Andrew Nichols VP of sales for Enphase Energy.

Paul Benson, CEO of Focused Energy added, “Enphase Microinverters maximize solar energy production for each individual solar panel. With Enphase Microinverters, customers can increase the amount of energy production, simplify design and installation issues, overcome shading challenges, and monitor energy output from each solar panel. All this adds up to higher system efficiency, and most importantly, a greater return on investment. We are proud to be partners with Enphase in bringing this market-changing technology to the solar industry.”

SANYO Celebrates Grand Opening of New Monterrey Solar Module Assembly Manufacturing Plant with Ceremony

paul — Fri, 06 Nov 2009 19:45:32 +0000

SANYO has officially started production in Monterrey, Mexico. The plant will be assembling SANYO’s patented HIT (Heterjunction with Intrinsic Thin-layer) solar modules, the final step in the process for finished goods in solar module manufacturing. SANYO’s HIT solar cells and modules have the world’s highest solar light to electric energy conversion efficiency per installed square foot. SANYO Energy will be producing at a capacity of 50-Megawatts annually, with the assembled panels to be used in installations in North America.

Focused Energy moves to a new address

paul — Thu, 03 Sep 2009 15:51:32 +0000

We have moved to a new location to support our continued growth and staff expansion.

Our new mailing address is: 1730 Camino Carlos Rey Suite 201 Santa Fe, NM 87507

As always, thank you for your business. We work every day to continue to earn it.