Global inverter shipments to contract 5% in 2017 before steady recovery, says GTM Research
Consolidation of top 10 suppliers continues as Chinese inverter firms Huawei and Sungrow top shipment chart, while SMA’s U.S. strength sees it cling on to top spot for revenue, report shows.
sonnen steals top Tesla executive
The German energy-storage company hired the highest-ranking North American sales manager from Tesla to spearhead its U.S. expansion plans
Google to source 100% of its power from renewables in 2017
The tech giant says that next year all of its offices as well as its data centers will be powered by renewables. The company has signed 20 PPAs to date for a total of 2.6 GW.
OCI to sell Alamo 6 solar project for $385 million
The Texan/Korean developer has not said who it will sell the 110 MW-AC plant to.
All-time high in US storage investment in Q3, finds GTM report
Disclosed venture funding and project finance of energy storage projects in the U.S. in the third quarter reached $660 million, although actual deployments contracted slightly, says GTM Research.
Enphase offloads residential O&M arm to SunSystem Technology
The U.S. microinverter specialist confirms that SunSystem Technology will act as the company’s primary residential O&M service provider after selling its O&M field service division Next Phase Solar.
New Jersey extends it Solar For All program
The approval allows the Public Service Electric and Gas Co. (PSE&G) to invest another $80 million over the next three years to transform the state’s landfills and brownfields into solar farms
TerraForm Power gives January deadline for bids, warns shareholders about its ability to continue
The yieldco says that bidders must provide firm pricing by a defined date in January, as it allows the offer of an expedited takeover by Brookfield and Appaloosa to lapse.
Vermont deploys its first municipally owned solar farms
The Green Mountain State cities of Stowe and Hyde Park have installed the state’s first two community-solar projects owned by the towns themselves
Illinois energy bill passes without demand charges or repeal of net metering
SB 2814 includes reforms to the state’s renewable energy mandate, which will now support an estimated 2.0 GW of solar by 2025, as well as a bailout for aging nuclear plants.
