The changes in terms on notes also include a requirement that companies buying up TerraForm stock take over the notes.
The measure is a first step to lifting significant obstacles to the development of solar in the Sunshine State.
Data published by EIA shows that less than half the district’s solar requirement was met in 2015.
The utility is seeking 75 MW of solar and other renewable energy projects from 500 kW to 20 MW in capacity under a new shared renewable energy program.
The 550kW system will serve members of a rural electric cooperative in the Shenandoah Valley, and comes in the absence of state policies for shared renewables.
Energy Storage North America (ESNA), the annual energy storage industry show, has announced the finalists for its 2016 ESNA Innovation Awards, which recognize excellence and impact in energy storage project development.
The second study by Solar to the People finds that incentives cover more than half the cost of the average residential PV system in New York State.
This week saw three new high-profile executive appointments, Berkeley Lab’s annual report showing ongoing solar cost collapses, progress on Tesla’s acquisition of SolarCity, and more.
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