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.
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.
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.
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!
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!
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.
pvmb 3/15/19 – Tesla gets a new car and CFO, FERC deletes its phone directory, and more!
pv magazine USA sees spring is around the corner, so here’s a fresh Morning Brief, including Fitch downgrading more California Solar and Toyota buying power from solar projects planned in Kentucky.
PG&E and the future of U.S. utilities
California utility Pacific Gas & Electric’s bankruptcy points to a crisis not only at the company, but in the business model for utilities in the United States. And it is far from clear what will come next.
