Many local governments, real estate owners, and lease holders are currently looking to implement solar panels on new construction projects and remodels. In December 2018, California became the first state to require that all new homes are built with solar. Other states, including Massachusetts, are likely to do the same in upcoming years. Representatives Mike Connolly and Jack Lewis from Massachusetts proposed the Solar Neighborhoods Act in 2021, which would mandate rooftop solar panels be installed on all new residential and commercial buildings in the state. For General and Electrical Contractors, the demand to offer end-to-end solar projects will continue to rise. According to Investopedia, end-to-end projects describe a process by which a service is performed from beginning to end without obtaining anything from a third party.

The time to implement solar on commercial buildings is now. According to the International Energy Agency (IEA), œsolar power is now the cheapest electricity in history. Simultaneously, many real estate owners and lease holders are currently looking to implement solar panels on their buildings to meet corporate sustainability goals and reduce costs.

SolBid, Inc. is composed of hard-working individuals, each with their own unique story. Today, we are putting the Spotlight on Rebecca Toomey, Marketing Intern here at SolBid.

In 2021, ESG (Environmental, Social, and Governance) goals increased among companies due to demand from investors, consumers, and policy makers. According to the MSCI World ESG Leaders Index, in 2021, stocks for companies among the MSCI World ESG Leaders Index rose by 22% compared to 15% for companies who are not among ESG leaders. Similarly, according to the Sustainable Investments Institute, support for social and environmental proposals among shareholders increased from 27% to 32% in the past year. According to Peter Novelli Media Company, 80% of Americans believe companies have a responsibility to help solve the climate crisis and 75% of Americans have a more positive image of companies that prioritize climate action. As ESG goals continue to expand, companies must find ways to achieve these goals.

SolBid, Inc. is composed of hard-working individuals, each with their own unique story. Today, we are putting the Spotlight on Vansh Patel, Software Engineer Intern here at SolBid.

Researchers from Princeton Universitys Engineering School developed the first perovskite solar cell with a commercial viable lifetime. Perovskites (PSCs) are lightweight and flexible semiconductors with a crystalline structure. Between 2009 and 2022, research has helped increase the efficiency of perovskite solar cells from 3% to over 25%. Perovskite solar cells are currently unavailable on the commercial market due to their fragility and lack of long-term durability.