The company will eliminate 80 employees from its San Mateo headquarters and another 28 from its offices in San Francisco.
The national lab’s latest report finds ongoing declines in PV system prices, with residential system prices falling to $4 per watt in 2015.
ACC Chair Little has proposed requiring 30% renewable energy by 2030, scrapping the DG carve-out and potentially adding incentives for energy storage.
While the solar-specific charge was dropped as part of a settlement, the utility will increase fixed charges on its Texas customers.
National Grid has filed to change the net metering rules in line with an earlier legislation, making net metering in the state even better than before.
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.
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