DOE Secretary Moniz’s exit memo extolls solar progress
In the past eight years under President Obama, the solar industry has advanced from a tiny niche market to the country’s largest energy employer – though more work remains to be done.
Innogy completes acquisition of solar and battery specialist Belectric
German renewable energy developer has acquired international PV power and storage specialist Belectric for a sum in the double-digit million dollar range, company comfirms.
SEIA to create finance advisory council
The national trade group will work with the Solar Energy Finance Association to improve access to low-cost financing.
The solar coaster: pv magazine USA’s 2016 year in review
With massive market growth, the bankruptcy of SunEdison and the election of a pro-coal climate denier as president, 2016 really was the best and the worst of times.
New Jersey solar market slows down in H2 2016
After installing 198 MW in the first six months of the year, New Jersey’s solar market appears to have declined substantially in the final months of 2016.
Scatec sells off its last U.S. solar plant
The Norwegian developer and EPC has closed on the sale of the 104 MW-DC Utah Red Hills plant to Macquarie.
MIT report questions value of distributed solar
The Utility of the Future report decries poor state-level rate-making, mythical cross-subsidies by non-solar customers, and economies of scale as reasons that adding more distributed PV to utilities’ portfolios make little long-term economic sense.
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.
FPL to put online Florida’s first large utility-scale solar plants
Three solar projects at 74.5 MW-AC each will replace a 250 MW coal-fired power plant which the utility plans to shut down.
TerraForm Global warns of danger ahead in 2015 filing
The yieldco’s overdue filing of its 2015 financial report is a step towards compliance with NASDAQ trading rules; however TerraForm Global’s losses exceeded its revenue in 2015 and the company has warned that it may not be able to continue.
