Solar advocates blame changes to the state’s net metering policy for the decline in installations and a loss of 232 full-time jobs.
The state has reached this milestone despite a residential market crash, a long waiting period for the new SMART regulations, and net metering caps being reached in some utility service areas.
Even while accepting that solar and wind will be the fastest-growing sources of power, the Energy Department’s information agency is still basing its Annual Energy Outlook on bizarre assumptions that work against renewable energy.
The latest analysis by current and former GTM Research executives argues that there is insufficient economic reason to manufacture solar in the United States.
With only 87 MW deployed, Tesla/SolarCity may no longer be the largest distributed solar company in the United States, but its energy storage business is growing.
The power giant is going from being a renewable energy pioneer to largely quitting the market.
The hangover from the ITC-driven 2016 boom is the biggest factor in the relative decline, but a rebound is expected this year.
The asset manager has scooped up the solar yieldco that was let go by sponsors SunPower and First Solar.
The procurement will put the state closer to Governor Raimondo’s goal to reach 1 GW of renewable energy by the end of 2020.
The expansion to 400 MW will make Mission the fourth-largest PV module maker in the nation.
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