SolarCity value miscalculated by $400 million in Tesla merger
A Securities and Exchange Commission (SEC) filing by Tesla on Wednesday revealed that the investment bank that advised SolarCity on its sale to Tesla, Lazard Ltd, double-counted some of the company’s projected indebtedness, resulting in a $400 million undervaluation.
Florida initiative to exempt solar from property taxes passes by wide margin
The measure is a first step to lifting significant obstacles to the development of solar in the Sunshine State.
Washington D.C. is not meeting its solar carve-out
Data published by EIA shows that less than half the district’s solar requirement was met in 2015.
Average solar prices in New York State fall to $1.97 per watt after incentives
The second study by Solar to the People finds that incentives cover more than half the cost of the average residential PV system in New York State.
New faces and familiar faces: the pv magazine USA weekly digest
This week saw three new high-profile executive appointments, Berkeley Lab’s annual report showing ongoing solar cost collapses, progress on Tesla’s acquisition of SolarCity, and more.
Vivint Solar expands to Florida
The third-largest distributed solar installer has moved into the Florida market, which currently does not allow power purchase agreements for residential solar.
Tesla wins anti-trust approval to buy SolarCity
The ruling clears a legal roadblock for the acquisition, which still must be approved by shareholders of both companies.
BREAKING: SolarCity to lay off 108 workers in the SF Bay Area
The company will eliminate 80 employees from its San Mateo headquarters and another 28 from its offices in San Francisco.
Berkeley Lab: Solar contract prices fell below $50/MWh in 2015 (with charts)
The national lab’s latest report finds ongoing declines in PV system prices, with residential system prices falling to $4 per watt in 2015.
Sungevity enters partnership with leading Belgian solar firm
The U.S. distributed solar installer has partnered with Belgium’s Electrabel to begin installing rooftop solar panels across the country.
