SolarCity applauds accord to grandfather Nevada rooftop customers
The rooftop PV installer confirms settlement between it and Nevada utility NV Energy to rollback rate increases for solar customers under a proposed grandfathering program. Nevada Public Utilities Commission scheduled to ratify settlement on Friday vote.
Change is coming: the pv magazine USA weekly digest
The SunEdison roadshow continues as GCL-Poly move in and TerraForm Power holds on to staff, while the SolarCity-Tesla merger trundles onwards despite a few unexpected bumps in the road.
NEXTracker acquires predictive modeling software firm BrightBox
U.S. tracker manufacturer NEXTracker has purchased software firm BrightBox Technologies in a move it says will augment its predictive modeling capabilities and expedite the commissioning process.
Sungevity enters partnership with leading Belgian solar firm
The U.S. distributed solar installer has partnered with Belgium’s Electrabel to begin installing rooftop solar panels across the country.
Fronius opens new R&D center in U.S. with eye on Tesla partnership support
The Austrian inverter specialist opens sales, product management and R&D center in San Francisco to better serve U.S. markets and commitments. Partnership with Tesla expected to be strengthened.
Canadian Solar beats shipment and revenue guidance for Q2
The Chinese-Canadian solar firm shipped 1,290 MW of modules and posted net revenue of $805.9 million in the second quarter, with nearly half of its sales to the Americas.
SolarCity cuts co-founder salaries to $1, announces job losses
In an SEC filing, the distributed solar market leader reveals that it expects to incur restructuring charges of $3-5 million in light of unspecified number of job losses. The company’s CEO and CTO will accept reduced salaries as reduced guidance bites.
SMA to close Denver factory, lay off 280
The world’s largest inverter maker says the move is “unavoidable”, and is maintaining its sales and service operations in California.
Mitsubishi to invest in US solar firm Nexamp
The Japanese corporation reaches agreement to indirectly take a near majority ownership in the firm, which specializes in community and commercial solar installations.
SunPower to shed 1,200 jobs as it cuts revenue forecast and expects 2016 loss
Extension of the ITC has stripped urgency from U.S. market, company CEO says, prompting a rethink on solar power plant timeline. SunPower will close Philippines fab as part of re-positioning of supply.
