The solar finance technology company’s Series B financing round is 30x larger than its Series A round a year ago.
The company added 43 MW last year, placing it well ahead of Walmart and Prologis. Overall installations at 4,000 companies tracked by SEIA grew slightly to 326 MW last year.
Ares Management LP’s energy and infrastructure fund has announced a plan to acquire a majority stake in Conti Solar, a solar power developer and EPC which has built 500 MW of solar projects.
An analysis submitted to Maryland regulators found that distributed solar’s economic benefits – mostly labor associated revenue – was worth six times the value of the electricity to the grid.
The availability of smart inverter rebates for Illinois medium and large nonresidential PV systems in Illinois can go beyond being able to work better in a grid to impacting net metering, energy storage and other policy issues.
The 28 MW-DC plant is part of an upcoming commercial and industrial solar program – Solar Solect – being offered by local power company Avista Utilities. The state expects to triple total solar capacity by the end of 2020.
The state’s Commerce Commission has approved the Illinois Power Agency’s Long-Term Renewable Resources Procurement Plan, reversing earlier exclusion of small utility participation. The plan promises to build a gigawatt-scale solar market in Illinois.
State officials reveal that New York State has 693 MW of community solar on the way – and a total pipeline of almost 1 GW. The state further projects 500 MW of that might be installed in 2018.
The U.S.-based PV module maker has partnered with EckPack to use its ‘Trio’ packaging technology.
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