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ENERGY & UTILITIES | Renewables / Solar
echofirst.com

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Stage

Acquired | Acquired

Total Raised

$13.7M

About EchoFirst

EchoFirst, formerly PVT Solar, designs, manufactures, and markets the Echo solar system. Echo supplements conventional solar electric PV panels with a unique solar thermal technology that captures the heat from the PV panels. Echo generates not only electricity, but also hot water for washing and bathing, and thermal energy for home heating and home cooling.In July 2013, EchoFirst was acquired by SunEdison. The valuation of EchoFirst was undisclosed. Other terms of the deal were not released.

EchoFirst Headquarter Location

34760 Campus Drive

Fremont, California, 94555,

United States

800-970-3246

Latest EchoFirst News

Hybrid PVT Solar System Successful In Oahu

Jul 11, 2013

by Joanna Schroeder The SunDrum Hybrid PVT solar system operating at the Inn at Schofield Barracks, a large hotel in Oahu, Hawaii, has returned 25 percent of its installation costs in the first six months of operation. Installed by AllNuEnergy, Inc., the system is expected to break even in less than two and a half years and provide an ROI of more than 29 percent. The SunDrum thermal collectors are a unique design in that they take advantage of the excess heat generated by the solar PV panel. Solar PV panels convert only 10-15 percent of the Sun’s energy into electricity. The remainder is thrown off as waste heat. By attaching the SunDrum thermal collector to the underside of a standard PV panel, the SunDrum System is able to capture up to 75 percent of this waste energy, thereby heating fluid running through the SunDrum system which heats the hot water of the hotel. The unique SunDrum System allows the greatest amount of renewable energy to be generated in a given amount of space. Also, by drawing heat directly from the PV panel, the SunDrum collector cools it, thereby improving the electrical output between 5-10 pecent. In contrast, according to SunDrum Solar, dual systems require their own space and are unable to generate both electrical and thermal energy in the same footprint. By utilizing the SunDrum Solar unique PVT design at the Inn at Schofield Barracks, SunDrum says the hotel will realize over 27 percent or an additional $1.1M in total savings even though only 40 percent of the PV panels have SunDrum Solar attachments.

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Expert Collections containing EchoFirst

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

EchoFirst is included in 1 Expert Collection, including Renewable Energy.

R

Renewable Energy

3,866 items

This collection contains upstream and downstream solar companies, as well as those who manufacture and sell products that are powered by solar technology.

EchoFirst Patents

EchoFirst has filed 6 patents.

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3/11/2010

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