TEVA Energy is a vertically-integrated developer of industrial-scale solar systems providing in-house services for system design, installation, maintenance and financing. TEVA is capable of installing electric PV systems, but it has also gained unique expertise in design and installation of large-scale solar thermal systems for industrial consumers of hot water. This expertise enables TEVA to tailor solar systems for each facility’s specific needs; thereby, optimizing the facility’s roof space and financial investment to provide the sensible ROI decision makers are looking for when considering renewable energy. TEVA Energy’s experience runs deep with many proven solar projects including the largest solar polymer system in North America.
TEVA Energy’s background began in UMA Solar and the Magen Eco-Energy conglomerate with over forty years of experience in the solar industry. Magen eco-Energy is the parent company of the Magen International Group, which is comprised of nine wholly or majority owned subsidiaries, in the United States, Germany and Israel. TEVA Energy was originally started as a division within UMA Solar, the U.S. arm of Magen Eco-Energy, to support the ever-growing demand for sustainable technology and services sought after by the large-scale commercial, industrial, and government sectors.
A team of five professionals with industrial expertise was put together, including engineering, project management and IT experts. This team focused on innovative technologies that proved to make practical financial sense in overseas markets. Specifically, focus was put on Thermally Efficient Value-Added energy solutions (i.e. TEVA energy). Acceptance grew quickly along with many customer demands for TEVA’s comprehensive design, engineering, and energy financing services. In 2010, TEVA Energy was spun off from UMA Solar to expand its development of this growing market segment. Since then, TEVA’s vast resources, strong customer support and steadfast focus on the industrial and commercial sectors have enabled it to become one of the major players in the solar market and a clear leader in the industrial solar thermal market. In 2011, Redshift Capital invested significant capital in TEVA Energy to further support its growth rate, and in 2013, Superior Solar Systems, LLC came on board to further support TEVA’s growth demands.
The entire buzz around solar today is on PV (i.e. photovoltaic electric solar), so why does TEVA Energy offer Solar Thermal? PV is very effective, but in many applications, solar thermal can provide significantly higher returns on investment. When weighing all the options for rooftop energy technology, we compare the initial costs, the available incentives, the return on investment and the efficiencies of the systems. Solar preheating or reheating is often the logical first choice and should not be overlooked.
Solar preheating hot water has been around and proven to work for over 30 years! In the last 10 years, commercial facilities worldwide have capitalized on this proven technology for preheating hot water. Unfortunately the United States has had a less attractive adoption rate of solar thermal until now.
By offering the most cost effective and efficient technology for your roof space we maximize the value generated and pass that right through to your bottom line. TEVA Energy is a solutions based company, and we are in business to help you get the most value from your facilities roof.
We do this all with no risk, guaranteed, and no costs to you. If your facility meets our qualifications we will:
A complete solar energy solution at no out of pocket cost to you, and we guarantee it will work!