SolarCity cuts co-founder salaries to $1, announces job losses
In an SEC filing, the distributed solar market leader reveals that it expects to incur restructuring charges of $3-5 million in light of unspecified number of job losses. The company’s CEO and CTO will accept reduced salaries as reduced guidance bites.
Xcel increases Colorado solar commitments in settlement, withdraws grid charge
The wide-ranging settlement of three separate cases would include a process for battery storage interconnection, the withdrawal of a charge for solar customers, and a shift to time-of-use rates.
Connecticut Green Bank sponsors online solar marketplace
EnergySage has been contracted as the exclusive provider of GoSolarCT.com, which allows homeowners to research and comparison-shop for solar PV systems.
pv magazine USA weekly news roundup
A critical rate case in Arizona gets resolved, NRG moves to acquire SunEdison assets, SolarCity goes BIPV, downsizing at SMA and SunPower, results from SCTY, RUN & VSLR, and more…
Sunrun reports strong Q2 results
The third-party residential solar company is still struggling with high costs in its partner network, but has surpassed Vivint Solar as the second-largest residential solar installer in 2016 so far.
SolarCity to make BIPV modules at Buffalo factory, will consider cell partnership
Industry analysts note that the market for residential BIPV in the United States is “non-existent” at present, and SolarCity’s plans to use crystalline silicon are a new direction.
BREAKING: Arizona regulators preserve net metering in UNS case
The case was closely watched as a precedent for future rate cases in Arizona.
Additional solar charges beaten back in New Mexico
New Mexico regulators have approved a settlement under which a utility request to increase fees on its customers with rooftop solar was nullified, which also reduces fees for agricultural customers.
SolarCity shows uneven results in Q2 2016
The leading distributed solar provider is bringing down costs and growing bookings after a difficult Q1, but its losses remain wide.
Vivint Solar bounces back in Q2 results
In results for its first full quarter since the failed merger of Vivint Solar and SunEdison, the residential solar installer reports recovery and record low costs.
