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.
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.
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.
SolarCity move shows Florida is open for business
In the wake of two pro-solar voter decisions this year, the country’s most well-known residential solar installer has swooped in to capitalize on the state’s suddenly pro-solar climate
Sale of Verengo assets clears another hurdle
Since the company received only one bid for its more than 20,000 installed systems, the sale of them to Crius Energy is set to move forward
HECO sees significant uptick in self-supply applications
After protracted wrangling over solar adoption in Honolulu, the state’s citizens are taking matters into their own hands — joining a self-supply program that could show the way to NEM 2.0
NRG closes on 1.5 GW-AC of SunEdison wind, solar assets
The acquisition includes utility-scale solar projects in Utah, Texas and Hawaii as well as 29 MW of distributed solar in four states.
Wisconsin PSC greenlights severe fixed-charge increases
Public Service Commission staff has recommended a doubling of fixed charges for Wisconsin Power & Light residential and commercial customers on Jan. 1, pending a final ruling by the end of the year
Mosaic closes deal for a $250 million financing facility from Deutsche Bank
The California-based solar loan provider for homeowners has added another substantial capital warehouse to its growing financial clout, this time a $250 million facility from Deutsche Bank, as it aims to have $1 billion available for solar loans by summer 2017.
Tesla officially acquires SolarCity
The largest residential solar developer is now officially part of Elon Musk’s electric vehicle and battery empire.
