Genie Energy announced that its solar manufacturing subsidiary Prism Solar Technologies has received additional purchase orders from JPMorgan Chase Bank to supply solar modules for installation at JPMorgan Chase facilities nationwide.
JPMorgan Chase and Prism Solar previously reached a module supply agreement pursuant to which Prism Solar was named preferred supplier for the 2017-2020 JPMorgan Chase Solar PV Installation Program for locations in the United States.
“We are extremely proud to contribute to JPMorgan Chase’s effort to reach 100% renewable power,” said Michael Stein, CEO of Genie Energy. “JPMorgan Chase has become a leader in the effort to move the world toward clean, environmentally sustainable energy. Their commitment to renewable power has set an example for organizations globally.”
Prism Solar is a supplier of monofacial and bifacial solar modules assembled in the United States at its 60-MW facility in Highland, New York. Prism Solar is a wholly owned subsidiary of PlusEnerG, in which Genie Energy holds a majority stake.
“PlusEnerG and Prism Solar offerings are designed to help clients meet their renewable power goals,” said Randy Stewart, CEO of PlusEnerG. “The quality and versatility of our photovoltaic solutions enable us to tailor site-specific solutions optimized for demanding applications in the commercial and industrial sector. Our work for JPMorgan Chase reflects the value of this approach for the most sophisticated clients.”
News item from Prism Solar
According to the Prism Solar Technologies web site, these bifacial panels are all glass and frameless in the large format about 80″ by 40″. This looks like it might require some special racking, perhaps three rows of railing instead of the typical two rows of mounting rails, install in landscape instead of portrait mounting? The specification sheet also says this product has a 10 year warranty with a performance warranty of 30 years. If a manufacturer will warranty a product for 30 years, they have done enough due diligence to predict the product will last much longer than this.