RCS SOLAR

RCS Solar Becomes Official Distributor for More Solar Products

Tel Aviv, Israel (ots) - As the global or European distributor for various products in the solar field, RCS Solar is prepared to serve a growing number of organizations that demand solar energy. RCS Solar's newsletter, which spotlights different markets in each issue, explains the growth in the U.S.

RCS Solar, a rising leader in the solar energy field, has announced that it is the official global or European distributor of a variety of brands serving the solar industry.

The news comes as the U.S. solar market is set to explode. It is expected to grow 119 percent this year, according to U.S. Solar Market Insight Report 2015 Year in Review.

The United States is the focus of RCS Solar's latest newsletter, which spotlights a different solar market around the world in each edition. The high demand for solar energy throughout the U.S. and public policies that support it mean it is possible for the U.S. to install tens of millions of solar panels in 2016.

"RCS Solar is perfectly positioned to provide new and existing clients with the tools they need to get the solar energy they demand," said Rami Feller, president of the RCS Group. RCS Solar is a division of the RCS Group.

RCS Solar specializes in sourcing discontinued and hard-to-find models of inverters and panels, and it has recently closed large deals on SMA models SMC and 20000 TLEE. In addition, RCS is expanding its activity in the mounting systems and ESS segments and is expected to introduce a variety of brands in the near future.

RCS Solar is currently the official global distributor of Renusol racking systems. It is also the official European distributor of LG Chem as well as Accumotive, the energy storage system by Daimler/Mercedes-Benz. RCS expects to distribute Accumotive products in other territories in the future, based on the advancement of the certification process for these products.

"More and more organizations in Europe, Australia, the U.S., and elsewhere understand the importance of solar energy," Feller said. "RCS and our logistical experts simplify the process for clients around the world."

About RCS Solar

RCS Solar (www.rcssolar.com) is a leading global distributor of all solar goods. From PV panels to racking systems, inverters and energy storage. The company specializes in the distribution of PV products around the world and has a large client base in each market it operates in. The company's major strengths are in large scale orders, in which it provides a full suite of solutions, such as a credit line for approved customers, full logistical support and many more. RCS Solar is a part of the RCS Group, founded by Mr. Rami Feller in 1995.

U.S.A set to break solar power records this year

U.S.A solar market is set to grow a staggering 119% this year.

This forecast is according to GTM Research in its latest U.S. Solar Market Insight Report 2015 Year in Review, published in conjunction with the Solar Energy Industries Association (SEIA).

Led by the utility-scale segment, GTM Research forecasts 16 GW of solar will be installed in the U.S. in 2016, more than doubling the record-breaking 7.3 GW installed in 2015.

The strong demand for solar energy nationwide and public policies like the ITC make it possible for the U.S to install tens of millions of solar panels this year.

The ITC is the Investment Tax Credit program for providing a 30% credit for wind, solar and energy storage systems installed at eligible residential and commercial properties. The credit level was due to drop from the beginning of this year, but was extended late last year and will stay at 30% through 2020 before tapering off.

Another important policy that is driving the solar market to a wider audience is the Community Net Metering (CNM). The goal of community net metering is to expand opportunities for participation in solar to utility customers that would not otherwise be able to access that generation directly.

Recently some states have passed laws allowing for "virtual net metering," an extension of standard "net metering", in which rooftop solar owners get credited for extra power that they generate and send back to the grid, and thus lower their utility bills.

Virtual net metering goes a step further by allowing the participants in a community solar arrangement to do the same, even if they don't individually own the actual solar panels in practice. In sum, the U.S solar market is certainly booming at the moment with a vast potential to come.

For more information - http://ots.de/OXYGS

Contact:

Sara Sopher
Marcom Manager
+972.3.615.9999
saras@rcs.com



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