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Last $0.01 USD
Change Today 0.00 / 0.00%
Volume 249.2K
As of 10:57 AM 05/29/15 All times are local (Market data is delayed by at least 15 minutes).
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Company Description

Contact Info

2071 Ringwood Avenue

Unit C

San Jose, CA 95131

United States

Phone: 408-402-9400

Fax:

Andalay Solar, Inc. operates as a designer and manufacturer of integrated solar power systems and solar panels with integrated microinverters (AC solar panels). The company designs, markets, and sells its solar power systems to solar installers and do-it-yourself customers in the United States, Canada, the Caribbean, and South America through distribution partnerships, its dealer network and retail outlets. Its products are designed for use in solar power systems for residential and commercial rooftop customers. The company has a strategic relationship with Enphase Energy, a manufacturer of microinverters, to develop and market solar panel systems with ordinary AC house current output instead of high voltage DC output. Suppliers In May 2013, the company entered into a supply agreement for assembly of its proprietary modules with Environmental Engineering Group Pty Ltd (EEG), an assembler of polycrystalline modules located in Australia. In August 2013, it began receiving product from EEG and began shipping product to customers during 2013. In September 2013, the company entered into a second supply agreement for assembly of its proprietary modules with Tianwei New Energy Co, Ltd., a panel supplier located in China. The company began receiving product from Tianwei New Energy Co, Ltd. in February 2014. Pursuant to its agreement with Enphase Energy, they provide the company with micro-inverters. Strategy The company’s strategy primarily includes developing and commercializing its solar panel technology optimized for the residential and commercial markets; improving the aesthetics and performance of solar systems compared to ordinary, commercially available solar equipment; and promoting and improving the company's brand name and reputation. Intellectual Property Andalay Solar Panel: The company has five U.S. patents (Patent No. 7,406,800; Patent No. 7,832,157; Patent No. 7,866,098; Patent No. 7,987,614; and Patent No. 8,505,248) that cover primary aspects of its Andalay solar panel technology, as well as U.S. Trademark No. 3481373 for registration of the mark ‘Andalay’. In addition to these U.S. patents, the company has seven foreign patents. The company has 12 issued patents and 15 other pending U.S. and foreign patent applications that cover the Andalay technology working their way through the USPTO and foreign patent offices. Trademarks: The company has registered with the United States Patent and Trademark Office the trademark ‘Instant Connect’ (Reg. No. 4,290,244 and 4,290,245) for the designation of its patented ‘plug and play’ solar panel. The company has also registered with the United States Patent and Trademark Office the trademark ‘Akeena’ for providing consulting services in the field of energy systems, technical information through a global computer network in the field of renewable energy systems, and renewable energy systems, including photovoltaic systems consisting of photovoltaic solar panels, batteries, voltage regulators, inverters, racks, and electrical controls, as well as the installation of such systems. The company has also registered the trademarks ‘Double Your Power’ and ‘Andalay’ with the United States Patent and Trademark Office for two goods classes, such as providing computer software for photovoltaic systems for evaluating electric consumption, determining system sizing, estimating electrical output, estimating customer costs, and estimating financial life cycle savings, for use by consumers and businesses; and installation of renewable energy systems, including photovoltaic systems consisting of solar panels, batteries, voltage regulators, inverters, racks, and electrical controls. Additionally, it has applications pending with the United States Patent and Trademark Office to expand the goods classes for ‘Double Your Power’ and ‘Andalay’. The company markets its AC solar panel under the Andalay Solar brand. History The company was formerly known as Westinghouse Solar, Inc. and changed its name to Andalay Solar, Inc. in 2013.

 

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Company Last Change
Canadian Solar Inc $33.07 USD -0.62
First Solar Inc $49.97 USD -0.78
SunPower Corp $30.67 USD -0.61
Trina Solar Ltd $12.54 USD +0.085
Yingli Green Energy Holding Co Ltd $1.01 USD -0.005
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