Vivint Solar has joined other national residential solar companies in the Florida market as state regulators confirm that their solar lease contract does not violate state law by constituting the sale of electricity.
Virginia regulators have approved construction of the four part solar power plant, whose output is partially being sold to Microsoft. The 500 MW-AC facility is being developed by sPower.
Elon Musk says he’s secured funding at $420 per share to take Tesla private. His letter to employees points toward short sellers and propaganda peddlers causing stock price volatility.
Connexus Energy has broken ground on two solar+storage facilities – totaling 10 MW-AC solar and 15 MW / 30 MWh of energy storage. When connected by end of year, they’ll be the first large-scale energy storage systems put online in Minnesota, and the largest energy storage for a co-op in the United States.
CleanFund has closed on a $103 million bond for a portfolio holding building efficiency, seismic, water conservation improvements, as well as solar assets. A 5 MW project was noted as having received a 20-year term at 5.6%.
In a state whose governor is staunchly anti-renewable energy, more than 25 municipal projects have been built and an island is pushing for energy independence by 2030.
In the first two quarters of 2018 Tesla deployed 40% more energy storage than all of 2017, with 300-400% growth expected for 2019. Solar power deployments grew 11% to 84 MW over a low Q1 value.
The company has brought its operating margin to below -1%, as it fends off component shortages, short sellers and potential tariffs.
NC Clean Energy Technology Center has published its Q2 analysis of relevant policy changes, specifically noting increased political maneuvering around net metering and rate design, with 42 states and Washington DC committing to “action” in the quarter.
The utility is soliciting bids for projects 1 kW through 3 MW through its REDI program. The RFP is part of Georgia Power’s 1,600 MW by 2021 goal.
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