Utah eliminates solar tax credit
HB 23 reduces the current tax credit at $1,600 in 2018 and then reduces it by $400 per year until it reaches $400 total in 2021. Any system installed after that won’t be able to access tax credits.
Vivint Solar installations decline in Q4
While the residential solar company has greatly improved its access to capital, its volume installed fell 21% year-over-year.
Layoffs at REC Solar and Spruce underline market changes
Staff reductions at both the developer/installer and the finance provider are more evidence of turbulent solar markets in the United States.
Google’s Project Sunroof expands to all 50 states
The tech giant’s online assessment tool for solar potential now covers roughly 60 million buildings, and found that 79% of rooftops are technically viable for solar PV.
Net metering 2.0 slows down California’s residential solar market
Solar industry commentary is echoing state data, which shows that the implementation of net metering 2.0 and time-of-use rates are having a significant negative effect on California’s distributed solar market.
Sunnova breaks into tax equity with $80 million deal
The deal with USBCDC will enable an estimated $200 million worth of solar, and brings Sunnova to over $1.5 billion raised to date.
Solaria targets specialized solar distributors
Solaria has announced it second regional solar distributor, Fortune Energy, a wholesale supplier of renewable energy products based in Sacramento, with additional offices in Southern California, Massachusetts and Hawaii.
Sungevity files for bankruptcy
Four days after laying off an estimated 400 employees, Sungevity has filed for Chapter 11 bankruptcy.
Updated low-income solar guide designed to accelerate deployment
GRID Alternatives and Vote Solar’s updated guide includes information on new programs they believe will help solar advocates reach stranded communities more quickly and with greater ease.
Sunrun grows, captures more market share in 2016
The third-party solar company’s quarterly results show its 2016 deployments growing at double the rate of the U.S. residential market, as Sunrun begins offering energy storage and changes its relationship to utilities.
