SolarEdge built it, the buyers followed
During the second quarter SolarEdge increased manufacturing capacity by 25% and shipped over 3.7 million optimizers, which totaled over 1.3 GWac. This upped revenue 43% year on year, and company officials say they are highly confident in their even larger projected ~70% Q3 revenue growth.
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.
Texas extends tax support for solar power, increases transparency
Governor Abbott has signed 86(R) / HB 3143, which extends the Section 312 economic redevelopment tax abatement law, set to expire Sept 1, for ten years.
Duke keeps rolling in 2019 with a strong second quarter
Duke Energy’s financial results for Q2 2019 results show strong earnings, driven partially by the exponential year-to-year growth of the commercial renewables sector, as well as a short-term forecast of PV development.
Ten days left to register for 500 MW of wind and solar power in Virginia
Dominion Energy is seeking 500 MWac of solar power and onshore wind, the second equally-sized installment of its rolling 3 GW clean energy procurement. The utility wants projects between 5 and 500 MWac, with an intent to bid due on August 15.
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.
