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Regulators largely deny utility requests for fixed charge increases

A policy report finds that while utilities are increasingly asking to increase fixed charges, in more than half of recent cases these requests were denied.

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Apple approved to sell power from renewables on the wholesale market

Federal regulators have approved the technology company’s application to become an IPP.

2

Massachusetts sets September date for reduced compensation under net metering

The bad news: larger PV systems will have their compensation cut in November. The good news: Massachusetts has reached its 1.6 GW goal for installed PV four years early.

4

Vivint Solar refinances tax equity funds with $313 million loan facility

The company describes the loan as an alternative to bond securitization for its residential solar projects.

1

BREAKING: Nevada Supreme Court rejects solar referendum

The Supreme Court has ruled that the measure’s description to voters was misleading, effectively upholding a lower court ruling which said that the referendum was unconstitutional.

2

D. E. Shaw acquires an 11 MW PV project near Sacramento

The Rancho Seco Solar Project, located on the site of a decommissioned nuclear power plant, marks the latest deal between D. E. Shaw Renewable Investments and First Solar.

First Solar reports strong Q2 results

While barely remaining in the black due to restructuring charges, First Solar ran at 100% capacity utilization and increased revenues during Q2.

CleanCapital opens C&I solar portfolio to private investors

John Hancock has invested $21 million in debt to lead financing of the portfolio.

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Massachusetts passes bill to set energy storage targets

If the omnibus energy bill is signed by Governor Baker, Massachusetts will become the third state to mandate that utilities procure energy storage.

4

Isolux Corsan to build 37 MW PV plant on Native American land

The Spanish company was awarded the project by the Navajo Tribal Utility Authority for a 37.6 MW plant in Arizona, which will be the company’s second utility-scale solar plant in the United States.

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