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Bankruptcy

Clash of the energy titans

PG&E has filed a response to NextEra’s request to protect its power purchase agreements, by arguing that no harm has yet occurred, FERC doesn’t have jurisdiction, and that ongoing case law referenced by NextEra is not applicable.

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NextEra moves to protect its contracts in PG&E bankruptcy

The developer has filed at FERC to proactively stop any changes to its contracts, but the bankruptcy court will have the final say. The move comes as PG&E reports receiving $5.5 billion to keep it afloat during its bankruptcy.

Solar beats wind to the bank

Fitch Ratings has found that utility scale solar power projects outperform similarly sized wind projects when it comes to predictability of revenue, with most solar projects decently outperforming original ratings.

Scott Murtishaw on practical implications of PG&E’s bankruptcy for solar & storage

In this interview California Solar & Storage Association’s (CALSSA) senior advisor looks at what the pending bankruptcy of PG&E should mean for solar and energy storage, from rooftop solar to the future of the utility.

Solar+storage+sewage in Orlando resiliency plan

Duke Energy has presented a plan to the City of Orlando for a 1 to 3 MWac solar plant plus a 5 to 10 MW energy storage facility at a local sewage plant. The project is the first of potentially 14 solar+storage sites at strategic city locations.

What happens to a bankrupt PG&E’s solar contracts?

pv magazine USA offers a look into the possibilities regarding one of the biggest questions around PG&E’s bankruptcy announcement.

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PG&E files for chapter 11 bankruptcy

PG&E is filing for bankruptcy, and it may get broken up by regulators. None of this is good news for solar project owners that hold contracts with the utility.

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Stion R&D tools go to auction

Heritage Global Partners will auction off the thin film PV maker’s tools from its research & development facility in Silicon Valley on May 30-31.

Wanxiang gets permission to auction off more Suniva assets

The ruling follows on bankruptcy court approval of SQN’s request to sell off its share of Suniva’s tools and assets, in what may be the bitter end of Suniva as a cell maker.

Schletter Inc. files for chapter 11 bankruptcy

The solar mounting systems maker’s U.S. division has filed for bankruptcy, one month after the German parent company filed for insolvency.

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