Amazon announces plans for 45 MW of solar
The e-commerce group will invest an undisclosed sum in a 45 MW solar array in the U.S. state of Virginia. It also plans to invest in a 23.2 MW wind farm in Ireland.
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.
Empire Electric catches renewable fever, spreads it to neighbors
The small Missouri utility has proposed massive solar and wind development under its new integrated resource plan, with a focus on distributed solar.
Enphase wants to be your home energy butler
During the second quarter Enphase shipped over 1.2 million microinverters totaling 416 MW, which upped revenue 77% year on year, and swung net income from a loss of almost $3.7 million to a profit of $11 million.
Microsoft is on a solar shopping spree
The tech giant has signed a power contract for the output of First Solar’s 150 MWac Sun Streams 2 solar plant, bringing its total procurement of solar to nearly 500 MW – but none of these projects have been completed yet.
California could restrict who can install energy storage
CALSSA says that a pending vote by the Contractors State License Board which could restrict most solar contractors from installing batteries could have “catastrophic” impacts on the state’s energy storage market.
California gas plant to be re-powered with batteries + solar
For the second time in a month a fossil fuel-fired power plant in California is set to be replaced by a battery powered by a solar, including distributed solar. A small portion of the former plant will be retained.
Sunnova nets $158 million in IPO
The fourth-largest third-party solar company is now a public entity and while the results of its offering are only half of what it predicted, the stock bounced back on Friday.
345 MWh energy storage investment seen as a low risk growth strategy
Southern Company has partnered with esVolta in development of four energy storage projects totaling more than 86 MW / 345 MWh located in California.
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.
