The proposed decision would increase SGIP funding by $249 million over the next three years, with 85% of this to subsidize energy storage installations
Brookfield has agreed to acquire a 51% stake in yieldco TerraForm Power and plans to become the company’s sponsor, as well as acquiring TerraForm Global outright.
A rush of projects to make up for grid resources lost with the Aliso Canyon gas leak boosted energy storage deployments to a record level in Q4.
The troubled yieldco has managed to raise additional capital for four solar projects in Canada, as the industry waits on word of its settlement with SunEdison and potential sale to Brookfield.
It’s been a long time coming, but Tesla’s annual report confirms that the SolarCity-Silevo romance has come to an end.
A lack of not only incentives but even compensation for the services distributed battery systems provide are among the barriers identified for mass deployment of solar plus storage.
The latest figures from the U.S. Department of Energy show that all renewables together made up 15.3% of generation.
The company’s solar installations planned for 15 fulfillment centers this year will be followed by another 35 by 2020.
The power company has proposed a number of severe changes to the policy, including limiting contracts to projects 1 MW or smaller and allowing prices to change every two years.
The company appears to be making progress with its restructuring, as it continues to launch increasingly sophisticated home energy solutions.
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