Off Grid Electric secures $7.5 million in debt financing
The California-based provider of off-grid solar power in Africa rounded off an excellent 2016 for the company with a further $7.5 million in debt financing and a partnership with Rwanda’s national utility company, off the back of further expansion plans across Africa.
The solar coaster: pv magazine USA’s 2016 year in review
With massive market growth, the bankruptcy of SunEdison and the election of a pro-coal climate denier as president, 2016 really was the best and the worst of times.
New Jersey solar market slows down in H2 2016
After installing 198 MW in the first six months of the year, New Jersey’s solar market appears to have declined substantially in the final months of 2016.
Scatec sells off its last U.S. solar plant
The Norwegian developer and EPC has closed on the sale of the 104 MW-DC Utah Red Hills plant to Macquarie.
MIT report questions value of distributed solar
The Utility of the Future report decries poor state-level rate-making, mythical cross-subsidies by non-solar customers, and economies of scale as reasons that adding more distributed PV to utilities’ portfolios make little long-term economic sense.
Rio Grande Renewables Completes Solar+Storage Microgrid in Costa Rica
Albuquerque-based Rio Grande Renewables has complete what is being call the largest microgrid in Central America, a 276 kW/500 kW PV+storage project in Alajuela, Costa Rica.
HECO’s five-year plans accommodate more solar than ever
The aggressive goals filed last week builds on an April plan include expanded rooftop solar growth and additional utility-scale solar expansion. If HECO’s projections are accurate, it will be generating 100% its electricity from renewable sources five years earlier than originally planned.
FPL to put online Florida’s first large utility-scale solar plants
Three solar projects at 74.5 MW-AC each will replace a 250 MW coal-fired power plant which the utility plans to shut down.
SolarCity raises another $241 million
Sammons Renewable Energy led the equity portion of the $241 million cash equity transaction, which closed last week.
Duke program produces 40 MW of solar in South Carolina
More than 1,800 residential customers and 125 business customers have taken advantage of the utility’s Solar Rebate Program to reduce solar installation costs significantly.
