Tucson Electric Power is the first Arizona utility to finalize a rate plan since the Arizona Corporation Commission all but ended net-metering in the state for new customers – and they are taking advantage of it.
The state has unveiled the latest version of its next solar incentive program, and will extend eligibility for larger projects under the SREC 2 program until the new program starts.
Along with changing its name from Tesla Motors to Tesla Inc. the electric vehicle and battery maker will eliminate the SolarCity brand.
Around 75 jobs will be lost during the microinverter specialist’s restructuring drive, which reflects increased price pressure across the segment, both globally and in the U.S.
SEC filing outlines proposed changes, described by company CEO Paul Nahi as “necessary to create path to sustained profitability”. Restructuring will cost estimated $2 million and follows announcement last year of staff losses.
The utility, one of the Midwest’s biggest, now owns the two largest solar project in the region, both located in the Land of 10,000 Lakes.
Spruce Finance, which provides consumer financing for residential solar and energy efficiency projects, has raised a total of $445 million in tax equity and project debt transactions to support its activities in 2017.
The latest report from the respected national lab finds that even if – big if – behind-the-meter solar is raising the rates of other utility customers, the impacts are tiny, especially compared to other activities.
With a strong market in 2016, New Jersey retains the fourth-largest installed capacity and the 2nd largest capacity of distributed generation in the United States.
Just because the calendar turned to 2017, however, doesn’t mean the utility is planning to slow down its solar acquisition. It’s seeking to add at least 460 MW this year as well.
Welcome to pv magazine USA. This site uses cookies. Read our policy.
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.