Global solar power funding slows during Q1, 7.7 GW of assets change hands
Mercom’s Q1 2018 report shows only $2 billion raised during the quarter, a 2/3 fall from the previous quarter and a decline on a year-over-year basis.
Southern Company pledges “low-to-no” carbon electricity by 2050
The CEO of the southern power giant has made a pledge of heavy carbon reduction at the BNEF Future of Energy Summit, but the details are murky and contradictory, and wrapped in layers of mythology.
Strata Solar to build largest solar power plant in Washington
The 28 MW-DC plant is part of an upcoming commercial and industrial solar program – Solar Solect – being offered by local power company Avista Utilities. The state expects to triple total solar capacity by the end of 2020.
Korea, Japan to retaliate over U.S. solar tariffs
Korea is making good on an earlier promise, and now Japan has joined in. Both nations demand that the Trump Administration reverse the tariffs, or suffer an equivalent volume of retaliatory tariffs.
Coal bankruptcy burns 8Point3 on 20 MW solar power contract
FirstEnergy Solution Corp’s recent bankruptcy filing has put a solar power purchase agreement (PPA) with an annual value of $8 million, and a non-cash book value of $40-48 million at risk.
350 MW solar + 350 MW storage project moves forward in California
Recurrent Energy’s ‘Crimson’ project is proposed for siting on public land, and is moving forward in its environmental review.
Sunlight Financial raises $225M for residential solar loans
The residential solar finance provider sees the capital covering approximately 9,000 solar loans at $25,000 each.
Sunnova raises $100 million in equity
The Texas-based residential solar company has partnered with a group that focuses on long duration investments. Sunnova has raised more than $2.5 billion since 2012.
RGS Energy seeks $10M to commercialize Powerhouse solar shingles
RGS Energy, which bought global rights to Dow’s Powerhouse 3.0 solar shingles, has seen its timelines slip for UL certification of the product.
Virginia Supreme Court upholds 100% renewable energy option
The court has sided against Dominion in a ruling that makes it easier for large energy consumers to sign up for 100% renewable energy options from alternative suppliers.
