This was another difficult week in the U.S. solar industry, with layoffs at SolarCity and the carving up of SunEdison’s empire, but also saw progress in policy and technology.
A bankruptcy court has approved the expedited auction of SunEdison projects with NRG as the “stalking horse” bidder, and NRG has separately announced the purchase of 26 C&I solar projects.
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.
The wide-ranging settlement of three separate cases would include a process for battery storage interconnection, the withdrawal of a charge for solar customers, and a shift to time-of-use rates.
The case was closely watched as a precedent for future rate cases in Arizona.
New Mexico regulators have approved a settlement under which a utility request to increase fees on its customers with rooftop solar was nullified, which also reduces fees for agricultural customers.
A report by Meister Consultants lays out the pathways to increase corporate use of renewable energy, and the states where these policies have the most potential.
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