HECO’s five-year plans accommodate more solar than ever
The aggressive goals filed last week builds on an April plan include expanded rooftop solar growth and additional utility-scale solar expansion. If HECO’s projections are accurate, it will be generating 100% its electricity from renewable sources five years earlier than originally planned.
SolarCity raises another $241 million
Sammons Renewable Energy led the equity portion of the $241 million cash equity transaction, which closed last week.
Duke program produces 40 MW of solar in South Carolina
More than 1,800 residential customers and 125 business customers have taken advantage of the utility’s Solar Rebate Program to reduce solar installation costs significantly.
Spruce’s solar portfolio is collateral for $105.4 million in debt financing
The deal, financed by Investec and Silicon Valley Bank, will be fund more systems around the country for the residential solar financier.
Nevada regulators reinstate net metering for Sierra Pacific
In contrast to phony allegations of a cost shift, Public Utilities Commission of Nevada found that net metered-solar is saving other customers money.
Arizona’s changes to net metering could derail the state’s rooftop solar market
While the Arizona Corporation Commission decided to grandfather current solar customers for 20 years from the interconnection days, new customers will only receive 10 years — which will hurt both solar lessees, loan-holders and potential cash deals.
Maine regulators delay decision on net metering
The state hit a trigger level which allowed regulators to modify net metering, but now they are delaying making changes to shut the program down.
PG&E switches to Net Metering 2.0
Less than a week after warning that it would hit caps on the previous net metering program some some time in December, the California utility has transitioned to its successor program.
REC claims most popular solar-panel brand status for U.S. residential market
The European solar-panel manufacturer shipped 166 MW of its modules in the third quarter to the United States, which could support its claim.
Sunrun begins offering solar and storage in California
The second-largest residential solar installer has expanded its solar-plus-storage offerings after a successful roll-out in Hawaii.
