Canadian Solar predicts that Recurrent will complete more than 1 GW of PV projects in the United States this year.
ACC Chair Little has proposed requiring 30% renewable energy by 2030, scrapping the DG carve-out and potentially adding incentives for energy storage.
National Grid has filed to change the net metering rules in line with an earlier legislation, making net metering in the state even better than before.
This was another difficult week in the U.S. solar industry, with layoffs at SolarCity and the carving up of SunEdison’s empire, but also saw progress in policy and technology.
A bankruptcy court has approved the expedited auction of SunEdison projects with NRG as the “stalking horse” bidder, and NRG has separately announced the purchase of 26 C&I solar projects.
The Chinese-Canadian solar firm shipped 1,290 MW of modules and posted net revenue of $805.9 million in the second quarter, with nearly half of its sales to the Americas.
The company has contracted for over 20 MW of projects in Massachusetts and Vermont.
The Nevada utility has requested approval from the Public Utilities Commission of Nevada for a 100 MW solar plant, while simultaneously requesting the early retirement of a coal-fired generation facility, but its previous objection to net metering lingers in the memory.
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.
The yieldco says that proceeds will be used to repay current borrowings, and may use the remainder to fund “acquisitions and investments”.
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