An unpredictable year saw the utility add 5,500 residential and commercial solar systems in North Carolina, contract for the largest floating solar system in the Southeast, and add three major players to the company’s Green Source Advantage program.
Despite all of the factors that made 2020 the year it was, Duke Energy reports that it was a record-breaking year for the company in North Carolina, with roughly 5,500 residential and commercial customers in the state installing solar systems last year.
The company attributes a significant portion of this installation figure to its five-year, $62 million rooftop solar rebate program.
Residential customers who are approved for rebates will get a $0.60/W credit for their installed solar system, up to 10 kW or $6,000, while businesses are eligible for a $0.50/W credit and nonprofits are eligible for $0.75/W. These nonresidential projects cap out at 100 kW of installed capacity, meaning a maximum credit of $50,000 for businesses and $75,000 for nonprofits.
In the company’s own solar pursuits, Duke connected nearly 350 MW of solar capacity in North Carolina last year, headlined by the 69 MW Maiden Creek solar facility in Catawba County and the 25 MW Gaston County solar facility in Bessemer City.
While not as substantial in the capacity department, Duke also came to an agreement with the U.S. Army’s Fort Bragg to install a 1.1 MW floating solar system on Camp Mackall’s Big Muddy Lake, as part of a $36 million energy services effort.
These capacity additions helped Duke to reach the milestone of having more than 3.7 GW of solar capacity connected to its energy grid in North Carolina. The company also reached its goal of owning and contracting for 8 GW of wind, solar, and biomass generation around the nation, a goal which has since been doubled to 16 GW by 2025.
2020 was also a milestone year for Duke’s Green Source Advantage (GSA) program, which allows large-scale customers to offset power purchases by securing renewable energy from projects connected to the Duke Energy grid. In 2020, the utility came to terms with the City of Charlotte, Bank of America, and Duke University on GSA contracts.
Charlotte’s agreement is for a 35 MW installation, set to be built within the city. Bank of America agreed to a 25 MW project in the Piedmont region, and Duke University came to terms on a 101 MW deal from three solar facilities in the state.
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Stealth Coating Market to Garner $375.0 Million, Globally, By 2027 at 5.3% CAGR, Says Allied Market Research
PORTLAND, Ore., March 8, 2021 /PRNewswire/ — Allied Market Research published a report, titled, “Stealth Coating Market by Resin Type (Epoxy, Polyurethane, and Polyimide) and Application (Aerospace & Defense, and Automotive): Global Opportunity Analysis and Industry Forecast, 2020-2027.” According to the report, the global stealth coating market garnered $249.0 million in 2019, and is projected to garner $375.0 million by 2027, registering a CAGR of 5.3% from 2020 to 2027.
Prime determinants of growth
Rise in epoxy stealth coatings demand and increase in application from the aerospace & defense industry drive the growth of the global stealth coating market. However, high cost of investment restrains the market growth. Contrarily, surge in investment in R&D for stealth technology creates new opportunities in the next few years.
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- Manufacturing activities of stealth ships, aircrafts, and drones has been restricted to the significant extent due to the lockdown measures taken by the governments of various countries including Russia, China, and others.
- Furthermore, manufacturers of the fifth-generation stealth fighter aircraft halted their manufacturing activities, which in turn, led to lowered demand for stealth coating.
The epoxy segment to maintain its leadership status during the forecast period
By resin type, the epoxy segment accounted for the highest market share, contributing to nearly half of the global stealth coating market in 2019, and is estimated to maintain its leadership status during the forecast period. This is due to increase in applications in the aerospace & defense and automotive sectors along with its properties such as strength, durability, and chemical resistance. However, the polyurethane segment is expected to manifest the highest CAGR of 5.8% from 2020 to 2027, owing to growth of the automotive industry and surge in demand and production of luxurious cars across the developing countries such as India and China.
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The aerospace & defense segment to maintain its dominance during the forecast period
Based on application, the aerospace & defense segment contributed to the largest market share in 2019, accounting for nearly 90% of the global stealth coating market, and is projected to maintain its dominance in terms of revenue during the forecast period. Moreover, this segment is projected to register the fastest CAGR of 5.5% from 2020 to 2027. This is due to vital role played by stealth technology in next-generation military assets such as aircraft, ships, and drones along with rise in aircraft production and demand. The report also analyzes the automotive segment.
North America to maintain its lead position by 2027
By region, North America held the highest market share in 2019, accounting for more than two-fifths of the global stealth coating market, and is estimated to maintain its lead position by 2027. Moreover, this segment is projected to maintain the highest CAGR of 5.6% during the forecast period. This is due to rise in aircraft production, especially in the U.S. and increase in consumption of stealth coatings in luxurious cars. The report also discusses regions including Asia-Pacific, Europe, and LAMEA.
Leading Market Players
- Intermat Defense
- Hyper Stealth Technologies Pvt. Ltd.
- CFI Solutions
- Veil Corporation
- Micromag, Stealth Coatings Inc.
- Stealth Veils
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
AMR introduces its online premium subscription-based library Avenue, designed specifically to offer cost-effective, one-stop solution for enterprises, investors, and universities. With Avenue, subscribers can avail an entire repository of reports on more than 2,000 niche industries and more than 12,000 company profiles. Moreover, users can get an online access to quantitative and qualitative data in PDF and Excel formats along with analyst support, customization, and updated versions of reports.
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Azuri Launches Inspiring Women’s Awards
NAIROBI, Kenya, March 8, 2021 /PRNewswire/ — Azuri Technologies, a pioneer in pay-as-you-go solar home solutions for off-grid Africa, has announced its inaugural Inspiring Women’s Awards to celebrate women’s empowerment and influence in rural communities.
Based on peer feedback, the 10 most inspirational female staff, including field agents and customer care representatives of the solar company’s Kenyan network, have been recognised for their outstanding contributions. The award is part of Azuri’s Brighter Lives initiative which works to empower rural women in Sub-Saharan Africa through access to technology, in-depth commercial and technical training and equal opportunities employment.
One of the winners, Dynnah Pesa, said: “I am so grateful to hear that I am inspiring to my peers. I was the first one to begin selling the items in Kakamega and so happy to now be a team leader. I strive to encourage my team so that they can succeed and in turn provide for their families. I am so happy to see that they voted for me. This has given me a push to keep on encouraging my team.”
Nominations for the awards included recommendations from agents inspired to join Azuri from seeing female role models in their jobs, team leaders impressed by their colleagues’ work ethic and appreciative new-starters looking to celebrate their female mentors.
Cabinet Secretary, Ministry of Energy, Hon. Charles Keter, said: “On this International Women’s day, I would like to offer my congratulations to the winners of the Inspiring Women’s Awards. I trust this public recognition will inspire even more women to join the renewable energy industry and support Kenya’s transition to clean energy for all.”
Jane Marriott, the British High Commissioner, said: “Congratulations to the wonderful women recognised by this award on International Women’s Day, a chance to celebrate those women who deserve our recognition and gratitude all year round. Businesses for the future need diverse workforces at their heart, so I’m delighted to see this initiative from Azuri. The UK is proud to support gender equality in Kenya and across the world, which is more vital than ever as we build cleaner, greener societies for future generations.”
Simon Bransfield-Garth, CEO of Azuri said: “Brighter Lives was created to encourage full and active participation of women in the Azuri workforce. On this first anniversary of the launch of the program, I am delighted to see the impact that has been achieved and its effect on encouraging more women into the workplace.”
Azuri’s Brighter Lives initiative was launched in February 2020 and features a program of tailored recruitment, training and mentoring specifically targeting rural women who are largely under-represented in the workplace. The programme is designed to help women build success together, learning from role models and creating powerful bonds to improve business success.
Azuri Technologies Ltd.
+44 (0)1223 420252
For more information, please visit: www.azuri-technologies.com
About Azuri Technologies Ltd.
Azuri Technologies is a leading provider of affordable pay-as-you-go solar home systems to off-grid consumers across Africa. Combining the latest solar innovation and mobile payment technology, Azuri delivers reliable, renewable and distributed power to the millions who have no access to modern powered services. Azuri operates in five key territories; Kenya, Nigeria, Zambia, Tanzania and Uganda with East Africa Headquarters in Nairobi, Kenya and West Africa Headquarters in Lagos, Nigeria.
For more information, please visit: www.azuri-technologies.com
SOURCE Azuri Technologies
Lamor Corporation Acquires License for Rapid Response HARBO Boom
PORVOO, Finland, March 8, 2021 /PRNewswire/ — Lamor Corporation is pleased to announce the acquisition of the licensing rights to HARBO Technologies’ product line.
Their rapid response oil spill solutions will be a great addition to an already strong response product and solution portfolio. HARBO has developed the lightest oil spill response boom on the market. The modular system fits in a simple box which can be quickly deployed by only one person. HARBO’s oil spill first response system enhances the entire oil spill response process and boosts clean-up efficiency. By responding eight times faster, HARBO technology enables increased oil recovery rates and drastically reduces damage.
“I am excited about this fantastic addition to Lamor’s offering which will help us serve our current customers, participate in new markets and develop a complete Rapid Spill Response solution, meeting the unique challenges of today’s marketplace,” says Brandon Buzarde, Vice President of Global Business Development at Lamor. “The HARBO boom will provide the rapid response solution which so many companies and organisations need.”
Every minute is critical during an oil spill, so HARBO’s philosophy is to provide a solution which can be quickly and easily deployed. The HARBO boom can be stored on vessels, offshore rigs, harbour facilities or anywhere a spill could occur. A good example is using a fire extinguisher while the fire brigade is on the way. A fast, safe and efficient response can more quickly stop a spill from spreading, saving money, your reputation and the environment.
“Lamor is one of the top companies in this industry and they have decades of experience cleaning the world,” says Igor Kwiatkowski, Lamor’s Product Line Director for HARBO integration and development. “Partnering with Lamor will allow us to prove the worth of HARBO’s rapid response solutions to even more people.”
The HARBO rapid response booms are available now, but even more solutions are on the way. HARBO products will form the core of a suite of Lamor rapid response tools and integrating specialised solutions. If you are interested in learning more about the benefits of HARBO’s rapid response offering, please contact us at [email protected] or visit us online at lamor.com/harbo-boom-lamor-corporation.
For more information, please visit www.lamor.com
Communication – Iryna Besarab
Tel.: +358 (0)40 750 2007
VP Global Business Development – Brandon Buzarde
Tel.: +1 (832)-264-6962
Product Line Director – Igor Kwiatkowski
Tel.: 253 245 4609
SOURCE Lamor Corporation
Gulbrandsen announces global price increase for Aluminum Alkyls
ORANGEBURG, S.C., March 7, 2021 /PRNewswire/ — Gulbrandsen Chemicals announces today that prices for all Aluminum Alkyls and solvent blends of Aluminum Alkyls will be increased by 20%. This price increase will be implemented immediately, or as contracts allow. Customers will be contacted individually regarding the specifics of the price increase as it applies to their products or regions.
This adjustment is necessary to address the growing need for continued investment in reliable global supply, improvements in plant and product safety and to address higher costs related to raw materials, labor, regulatory compliance as well as energy and logistics expenses.
Gulbrandsen Chemicals is a global manufacturer of specialty chemicals and catalysts with facilities located in North America, Asia, and Europe.
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