Bankruptcy

Shell buys big solar, California is hungry for more: pbMB 11/11/19

Welcome to a Veterans Day edition of the pvMB where we’ll be looking at Sungrow becoming the largest string and central inverter supplier in the United States, the choice of 8minute Solar Energy to construct Eland, and a big sPower project in Arizona.

PG&E, but run by the people

California Governor Gavin Newsom, in expressing his dissatisfaction with PG&E, has proposed that it is not out of the question that the state could intervene in the restructuring of the utility. But what would this kind of government intervention look like and what would it mean for solar?

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ET Solar is back in the U.S. market

Six months after settling claims in the Chapter 11 bankruptcy case of its U.S. distribution subsidiary, the Chinese PV maker says it has signed more than 500 MW of U.S. module supply contracts.

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Bankrupt PG&E trading time for solar and storage discounts

Pacific Gas and Electric Company has requested that its bankruptcy court judge approve a 10% and 11% reduction on five contracts for solar and storage projects under development, in exchange for extensions ranging from 12 to 24 months to deliver working projects.

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The next two weeks will determine PG&E’s future

A federal judge has given California officials until August 7 to review third-party proposals for the revival, reconstruction and potential takeover of Pacific Gas And Electric. The maligned utility filed for Chapter 11 bankruptcy in January, facing roughly $30 billion in wildfire-related insurance claims.

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Schletter to restart its North Carolina presence, sans factory

The mounting systems maker is opening a new sales and distribution office in the Charlotte metro area, and has maintained manufacturing in Europe and Asia.

Vivint’s $100 million deal, Sunpower’s trade secrets suit: pvMB 6/24/19

Hello and welcome one and all to the start of the week and this Monday’s pvMB. Today we’ll be looking at the polling saying 42% of Dems prefer plans to decarbonize by 2030, the cost of energy storage in New Jersey, Duke’s North Rosamond power plant going on-line and more!

Another Presidential climate plan, PG&E’s PPA decision appealed: pvMB 6/17/19

Happy Monday and welcome to the pvMB. Today, we’ll be looking at KBRA rating Sunnova’s solar loan notes, Prudential funding Soltage, CellCube’s $6 million flow battery deal and more!

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San Francisco to bid on PG&E, the Colts go solar: pvMB 5/15/19

Hello and welcome to your hump day pvMB. Today we’ll be checking out EVGo breaking ground on a new Virginia fast-charging hub, Cool Earth Solar getting Sunpower’s Dealer of the Year award SPI’s new agriculture company and looming 5 MW project and much, much more. Buckle up!

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Berkshire Hathaway loses $377 million in DC Solar scandal

Berkshire Hathaway revealed during its results call on Wednesday that the $377 million fee that the bank incurred earlier this year was linked to the ongoing DC Solar scandal.

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