ABCO Solar Blog

ABCO Solar Blog

CORRECTION: ABCO ENERGY PREMATURE ON OTCQB APPROVAL

On Wednesday, March 13, the Company was notified that the March 8 press release was issued premature to the final approval by the OTCQB markets. 

A final review is underway for certification. When final approval has been provided, the Company will issue another press release. 

About ABCO Energy
ABCO Energy, Inc. is a commercial and residential installer of Photovoltaic (PV) solar systems, LED lighting solutions and HVAC products and services. ABCO Energy, Inc. is a Nevada corporation, which maintains offices located in Tucson and Phoenix, Arizona. ABCO is a fully reporting public company trading under the symbol ABCE. Since its inception in 2008, ABCO Energy has taken great pride in delivering quality solar
installations and has a reputation for outstanding customer service. These qualities have allowed us to grow the business primarily through referrals, many of those based on actual customer reviews.
Safe Harbor Statement
Note: Certain statements in this news release may contain “forward-looking” information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-5 under the Securities Act of 1934 and are subject to the safe harbor created by those rules. All statements, other than the statements of fact, included in this press release may include  forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will be accurate and actual results and future events could differ materially from those anticipated in such statements. ABCO undertakes no obligation to update forward-looking statements to reflect subsequentlyoccurring events or circumstances or to reflect unanticipated events or developments.

ABCO Solar Blog

We have paid off the last of the Redstart convertible!

We raised the funds and retired the second issue of the Redstart Holdings convertible debt. Also, we have received assurance that Redstart has completed all conversions on the first of their three preferred holdings.

We announced in January that the company had purchased all the second of the convertible preferred held by Redstart. The three Series C preferred stock was used by ABCO for working capital at the start of significant commercial jobs, which are now nearly completed. Redstart converted the first of the series and ABCO purchased the last two for more than $206,000. ABCO Energy Commercial Projects 2

The last ten days of closing trading prices above $0.01 and yesterdays close at over $.02 is the result of the Company’s growth and the retirement of the toxic debt. Also, we have completed the corporate actions and the applications for the Company to lift off from trading on the PINK Sheets for trading our common shares on the “Over the Counter Quality Board” (OTCQB).

This level of trading will qualify our shares to trade a substantial growth of brokers and traders that do not trade on the PINK market. When it is approved, we will be trading on a quality board on OTC Markets. ABCO Energy has not traded on the OTCQB for over three years, as it has struggled to stabilize its stock price and funds. They are now staging the company for growth internally and through acquisitions to feel confident the share price will reflect this plan.

“We are very proud of the accomplishments of the ABCO team and our consultants over the last two years and feel confident we will be trading well for our shareholders in the very near future,” said Charles O’Dowd, President. “We are thankful to our shareholders for all of their assistance in our accomplishments.”

About ABCO Energy
ABCO Energy, Inc. is a commercial and residential installer of Photovoltaic (PV) solar systems, LED lighting solutions and HVAC products and services. ABCO Energy, Inc. is a Nevada corporation, which maintains offices located in Tucson and Phoenix, Arizona. ABCO is a fully reporting public company trading under the symbol ABCE. Since its inception in 2008, ABCO Energy has taken great pride in delivering quality solar installations and has a reputation for outstanding customer service. These qualities have allowed us to grow the business primarily through referrals, many of those based on actual customer reviews.
Safe Harbor Statement
Note: Certain statements in this news release may contain “forward-looking” information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-5 under the Securities Act of 1934 and are subject to the safe harbor created by those rules. All statements, other than the statements of fact, included in this press release may include forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will be accurate and actual results and future events could differ materially from those anticipated in such statements. ABCO undertakes no obligation to update forward-looking statements to reflect subsequently occurring events or circumstances or to reflect unanticipated events or developments.

ABCO Energy, Inc (OTC PINK: ABCE)
Contact Lindsay Lucas: lindsay@abcoenergy.com

ABCO Solar Blog

Exciting News For Our Shareholders

ABCO Energy, Inc (OTC PINK: ABCE) – A prosperous communication plan has rewarded ABCO Energy, Inc. with five days in a row of closing trading prices above $0.01. Due to the upspring in price, the Company filed an application for OTCQB on Monday, February 11, 2019. When it is approved, ABCO Energy, Inc. will be trading on the quality board on OTC Markets.

The latest in corporate actions has helped the company to lift off from trading on PINK Sheets and driving hard to move up to the “Over the Counter Quality Board” (OTCQB). This level of trading will make shares more visible to a larger audience of brokers and traders that do not trade on the PINK market.

ABCO Energy has not traded on the OTCQB for over three years as it has struggled to stabilize its stock price and fund its growth. Now staging the Company for growth internally and through acquisitions, shareholders will be confident the share price will reflect the latest in transparent communication.

ABCO Solar Blog

We Have Hired a New Investor Relations Manager

ABCO Energy, Inc (OTC PINK: ABCED) As the leading provider of distributed solar energy in Arizona, ABCO Energy has announced Lindsay Lucas as Investor Relations Manager. She will act as a liaison between ABCO and its stockholders.

Lindsay graduated in 2005 with a BS in Journalism from Northern Arizona University. She joins ABCO Energy with over 7 years’ experience in marketing and advertising. Her focus will be on social media, news releases, email communications, and market research to stay on trend with competitors, and to better inform ABCO’s shareholders

"The scope of our investor relations has grown significantly over the last 5 years. Lindsay brings years of experience providing a high level of service and responsiveness to investors," said Charlie O’Dowd, President of ABCO.

Prior to joining ABCO, Lindsay gained technology and business experience at both national and local ad agencies. She has held senior management roles in marketing, communications, and digital and print publishing, including Senior Copywriter at Arizona Mail Order, and Executive Director of Northern Arizona Building Association.

“I look forward to substantially expanding ABCO’s visibility in major money centers. My focus is to help the company grow meaningfully,” said Lindsay. “I am delighted to join the team.”

ABOUT ABCO ENERGY
ABCO Energy is in the Photo Voltaic (PV) solar systems industry, the LED and energy efficient lighting business and is a dealer for a solar powered air conditioning system. The Company plans to build out a network of operations in major cities in the USA to establish a national base of service operations centers. This combination of services, solar PV, solar HVAC systems and LED lighting provides the Company with a solid base in the growth markets of renewable energy applications. We currently operate in Tucson and Phoenix, Arizona and provided installation and services to other cities from our Tucson offices. The Company plan is to expand to more locations in the Western States in the next year as funding becomes available.
Safe Harbor Statement
Note: Certain statements in this news release may contain “forward-looking” information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-5 under the Securities Act of 1934 and are subject to the safe harbor created by those rules. All statements, other than the statements of fact, included in this press release may include forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will be accurate and actual results and future events could differ materially from those anticipated in such statements. ABCO undertakes no obligation to update forward-looking statements to reflect subsequently occurring events or circumstances or to reflect unanticipated events or developments.

CONTACT INFORMATION: Charles O’Dowd Email: info@abcoenergy.com

ABCO Solar Blog

ABCO Solar Announces a Million Dollar Contract

ABCO Solar, Inc. August 14, 2018, Tucson, Arizona, announced that they have signed a $950,000 commercial solar project and anticipate an additional $35,000 commercial lighting contract on the same facility with ABCO crews providing all construction. The project is on a 72-unit apartment complex and will consist of both roof top and car park shade structures. The owners will enjoy approximately $80,946 from the solar electric generation plant and $15,981 first year savings from the LED lighting project, for a total first year savings of approximately $96,927. In addition, the federal and state tax credits totaling $310,000 will further increase the owner’s return on investment. Over a period of 25 years, this project is expected to provide cost reduction for the customer in excess of $3,445,000.

Roof Top & Parking Shade LayoutThis is the rooftop and parking shade layout of the Arizona Solar Project sold by ABCO.

ABCO Solar is in the Photo Voltaic (PV) solar systems industry, the LED and energy efficient lighting business, is a dealer for a solar powered air conditioning system. The Company plans to build out a network of operations in major cities in the USA to establish a national base of service operations centers. This combination of services, solar PV, solar HVAC systems and LED lighting provides the Company with a solid base in the growth markets of renewable energy applications. On July 1, 2018, we operated in Tucson, Arizona and provided installation and services to other cities from our Tucson offices. The Company plan is to expand to more locations in North America in the next year as funding becomes available.

Contact Information: Charles O’Dowd - Email: sales@abcosolar.com

ABCO Solar Blog

Arizona Daily Star Article 12/16/17

Below is an article by the Arizona Daily Star regarding ABCO Solar’s partnership with EXOrac. If you missed it the paper you can read it below.

Local firm will build micro solar systems

ABCO Solar, a Tucson- based solar energy and efficiency lighting company, has been chosen as the western United States assembler of the PWRstation mobile solar micro grid system.

The photovoltaic system can be deployed in the field and be operational in less than 30 minutes.

The assembly process uses an 'EXOrac' metal frame system that will be delivered to ABCO's Tucson assembly facility and then solar panels will be installed and wired, matched to an inverter that converts direct current to alternating current. The system is shipped to buyers throughout the Western Hemisphere and can also be joined with battery- storage technologies to provide a power source that is operational day and night.

'Each system takes two to four days to complete, and at full production we will be ramping up staffing to fulfill both commercial and government contracts,' said Charlie O'Dowd, president of ABCO Solar. 'If the PWRstation market grows the way traditional solar power is expanding, we could be a significant Tucson employer within a few years.'

Arizona Daily Star

Click here to read the original article.

ABCO Solar Blog

We won the “Most Innovative Product” award from SAHBA Home Show 2017

ABCO Solar Inc. of Tucson, Arizona won “The Most Innovative Product” award at the Southern Arizona Home Builders Association home show in mid October.

ABCO Solar (ABCO) was selected from 12 applicants as presenting “The Most Innovative Product” award for their presentation of the Perfectly Green Corporation’s SMART FROG 23 SEER Solar Air Conditioning unit.

The Southern Arizona Home Builders Association (SAHBA) biannual home show features businesses involved in all aspects of home building, design and accessories and attended by 20,000 community members. The home show judges were all home building industry participants and “The Most Innovative Product” award is the most prestigious of the awards presented.

Designed For Reliable On or Off Grid (FROG) applications, the Smart Frog A/C operates on 4 kilowatts of Direct Current electricity generated by solar panels. The 3 or 5 ton units can be operated using grid power, solar power or power from an integrated 7 kilowatt propane or natural gas generator. The electricity sources can be combined for power mixing which can be useful for peak time of use period “peak shaving”, powering the air conditioner in times of grid failure as well as household power needs in the absence of grid power.

The integrated solar inverter and gas generator may be purchased separately as component parts if desired. The Smart Frog may use solar that is already in place on the residence. Commercial grade solar Air Conditioners will be available soon.

ABCO Solar Blog

Ten Tips For 25 Years Of Trouble Free Solar Power

Almost all solar panels sold in the U.S. carry a 25 year warranty, most inverters are guaranteed for 10 to 25 years, and as long as you get occasional heavy rain your panels do not need regular cleaning. So if you are thinking about solar for your home, the most important considerations – besides price – are the quality and reliability of the installation itself. With these factors in mind, here are my top ten tips for 25 years of trouble free solar power:

  1. Find an installer who has been in business for 5+ years and uses their own installation crews (not subcontractors).
  2. You get what you pay for – so be careful about selecting an installer based on the lowest price.
  3. Prices for battery storage systems are coming down fast, storage incentives in many states will be available soon, control software is being developed, and the reliability of this new technology is improving rapidly. My advice is to get a battery-storage ready system, while waiting for these improvements to settle down in the market over the next few years.
  4. Panels from the major manufacturers are all very reliable; the biggest difference is simply that higher efficiency panels cost more. In most cases it does not make sense to pay extra for highest efficiency panels if you have enough roof space for slightly lower efficiency panels.
  5. The most common customer service issue relates to inverter monitoring. A distant second is a problem with the inverter itself.
  6. Squirrels and rats like to nest under rooftop panels and chew wires. Pigeons prefer barrel tile roofs. If you have any of these pests on your roof, talk to your installer about installing screening around the perimeter of your panels.
  7. Make sure your installer uses the proper flashing and sealing techniques on your roof mounts. Flashings are mandatory on all composition shingle roofs.
  8. Heavy rain does a great job of cleaning off debris from rooftop panels. NEVER hose off your panels – mineral deposits from tap water can permanently damage the glass.
  9. Wiring should be securely tucked-up beneath the panels and racking. Contact your installer if there are any wires hanging down on the roof surface.
  10. To make sure your system is operating properly, keep an eye on your inverter display (or online display), as well as your monthly electric bill. Even if your installer is monitoring your system they might not always notify you if there is a problem – especially if there is a problem with your monitoring.

From Barry Cinnamon, Cinnamon Solar

ABCO Solar Blog

The Benefits of Choosing Solar Energy

Home improvement trends come and go. What’s popular among today’s homeowners may feel dated to prospective buyers a decade from now. But solar energy is one home improvement trend that does not figure to go the way of sunken living rooms or popcorn ceilings.

According to the Solar Energies Industry Association®, solar energy experienced a compound annual growth rate of more than 60 percent between 2006 and 2016. Solar energy has also done wonders to improve the employment rate.

According to the Solar Foundation’s National Solar Jobs Census, in the United States there were more than 260,000 solar workers in 2016, an increase of 25 percent from the previous year. Things are equally rosy in Canada, where the Government of Canada reports installed capacity for solar thermal power has experienced a compound growth rate of nearly 14 percent since 2004.

The search for a renewable energy source has led many people to embrace solar energy, but there are many more reasons for homeowners to embrace going solar.

  • Return on investment: Many people considering solar energy for the first time may experience some sticker shock when they learn the cost of installing solar panels on their homes. But data from the EnergySage Solar Marketplace indicated that, in the first half of 2015, solar shoppers who compared their options achieved payback on their solar investments in 7.5 years. So in addition to the monthly savings on their utility bills, homeowners can expect to recoup their solar energy investments in a relatively short period of time.
  • Property value: Whether they plan to do so in the near or distant future, homeowners with an eye on selling their homes may be interested to learn that a recent study from the Lawrence Berkeley National Lab found that solar panels can significantly increase property value. The study analyzed the sales of more than 20,000 homes in California, Connecticut, Florida, Massachusetts, Maryland, North Carolina, New York and Pennsylvania, suggesting the desire for solar energy among prospective buyers is not exclusive to a particular region of the country.
  • Energy independence: According to the U.S. Energy Administration, most of the energy consumed in the United States comes from fossil fuels like petroleum. The EIA also notes that, in 2016, the United States imported about 10.1 million barrels of petroleum per day. By embracing solar energy, Americans and citizens of any country that relies heavily on foreign oil imports, can take a big step toward increasing their energy independence.

The use of solar energy is on the rise, and there are many reasons for homeowners to embrace this increasingly popular energy source.

"Explore the Benefits of Choosing Solar Energy." Dcourier. The Daily Courier and Western News & Info®, Inc., 21 July 2017. Web. 28 July 2017.

ABCO Solar Blog

Unstoppable: Why The Next Decade Belongs To Renewable Energy

The greatest challenge for mankind in the 21st century is powering the planet, while at the same time drastically reducing carbon emissions and continuing to lower the cost of energy. One year ago, GE published a Ecomagination report that examined the incredible acceleration of renewable energy development across the globe. We called upon businesses, investors and governments to further accelerate renewable energy innovation, build new solutions and create a truly sustainable energy ecosystem for the planet, its people and the world economy. Over the course of the year we learned that our optimism was well-grounded.

Some striking facts and figures — In 2016, wind and solar beat investment in fossil fuels by 2-to-1. Global capacity additions increased again in 2016; in the United States, renewable energy accounted for 60 percent of these additions. In 2016, Portugal powered the country with renewable energy alone for four consecutive days, clean power supplied Germany’s power demand for a full day, and Denmark could produce enough wind power to meet its domestic electricity demand and have enough to export power to Norway, Germany and Sweden. The U.K. generated more electricity by wind than coal – the first-time wind has outperformed coal for an entire year. In 2016, Hydro became visible as a storage solution and as an integrator of wind and solar. Small Hydro solutions grow as a source of electricity production close to the users. In 2016, the U.S. Department of Energy published a report stating that U.S. hydropower could grow from 101 gigawatts (GW) of capacity to nearly 150 GW by 2050.

We believe the business case for renewable energy remains strong today for several reasons:

First, the demand for new energy supplies around the world keeps growing at a significant pace. During the first half of 2016, clean energy investments reached $116.4 billion, and approximately $2 trillion is invested in the global energy sector per year.

Second, in many countries renewables can meet or even beat the cost of generation from conventional options. For example, in the United States onshore wind power is competitive with new natural gas-fired generation. Moving forward, GE’s research partner, the Joint Institute of Strategic Energy Analysis (JISEA) has estimated that by 2025, innovation will enable wind costs to fall by another 29 percent and solar PV costs to fall by up to 44 percent. Worldwide, Hydro is among the most competitive.

renewable energy ge reports

Image credit: GE Reports

Third, the renewable energy industry is a global jobs growth engine. Global renewable energy employment has reached 9.5 million and is increasing at a rate of 5 percent annually, which means that nearly 500 million new jobs are created every year. The greatest number of jobs are being created in the United States, China, Brazil, India, Japan and Germany.

There is scope for even more optimism. Technology innovation and policy commitments could lead to a world where wind energy accounts for one-third of electricity generation by the middle of the century. These are not “pie in the sky” estimates. Rather, they represent the range of what’s feasible given the current pace of innovation across the industry. Scientists at GE’s Global Research Center have developed innovations that place wind power on a pathway to produce power at 3 cents/kWh. Innovation is not confined to wind and solar power– innovations in hydropower promise to increase efficiencies in hydropower plants across the globe.

Innovations in hydropower efficiency are benefiting from the digital revolution. For example, GE’s Digital Hydro Plant is a unique blend of hydropower software and hardware, well-grounded in data analytics, and improving the performance of hydro plants across the globe. Data analytics provide greater accuracy about the performance of hydropower turbines, plants and equipment, which is helping control expenses and energy production.

The rapid pace of change in renewable energy is an exhilarating journey. We are seeing the evolution of new business models and power players. There are new investment opportunities – we can combine wind, solar and hydropower to change traditional energy models. Innovation in wind, solar, hydro, storage, hybrid technology, energy efficiency and digitization enable us to run the biggest economies and reach the most remote communities.

Just over 100 years ago, in a Scientific American advertisement, GE imagined a world where humankind could successfully harness the power of the sun, the wind and the sea. That vision, along with our relentless investment in technology innovation, has helped shape the renewable energy world that we live in today – imagine what the next 10 years will bring!

Debora Frodl is Global Executive Director at GE Ecomagination.

Yves Rannou is President and CEO for GE Renewable Energy, Hydro.

Original article by Yves Rannou & Debra Frodl via Manufacturing.net   www.manufacturing.net/blog/2017/03/unstoppable-why-next-decade-belongs-renewable-energy