The Supreme Court has ruled that the measure’s description to voters was misleading, effectively upholding a lower court ruling which said that the referendum was unconstitutional.
The renewable energy developer cites its bankruptcy but TerraForm plans to contest the change, and in the interim will pay the interest.
Elon Musk gave scarce information on developments at the world’s largest battery factory in Tesla’s Q2 results.
While barely remaining in the black due to restructuring charges, First Solar ran at 100% capacity utilization and increased revenues during Q2.
John Hancock has invested $21 million in debt to lead financing of the portfolio.
On Sunday, the boards of Tesla Motors and SolarCity agreed to the terms of Tesla’s acquisition of the solar company. And while this deal is still awaiting votes by shareholders of both companies to go forward, there are indications that this may come soon. pv magazine USA spoke with Mercom Capital CEO Raj Prabhu about the evolution of this deal, and what to expect.
The microinverter maker has pursued price reduction to gain market share, but has not turned a profit since Q3 2015.
If the omnibus energy bill is signed by Governor Baker, Massachusetts will become the third state to mandate that utilities procure energy storage.
The residential solar provider has raised the volume of the facility to $250 million.
The Clean Energy Standard does not appear substantively different than earlier policy drafts, and includes a bailout for aging nuclear reactors.
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