Virginia regulators reject Dominion’s 100% renewable energy option
The state’s Corporation Commission has argued that the program as designed would give Dominion “extraordinary discretion” in setting rates.
Vivint Solar grows revenue on lower volume
The residential solar power company continues its focus on higher profits, hinting at strong growth potential in coming quarters as sales teams settle into their new pipelines.
SunPower to exit utility-scale solar development
The company is pivoting to DG solar and expanding its manufacturing as it continues to struggle with profitability.
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.
Details released on ingot and wafer tools for sale
The hardware from Panasonic’s Oregon ingot and wafer factory is going up for auction on May 9th, and the company auctioning the equipment has released details on what is on the block.
Mercedes-Benz brand to leave the U.S. residential battery market
Parent company Daimler will continue to offer batteries for residential applications to selected partners, but no longer under Mercedes Benz Energy. The company plans to align the stationary storage segment with its grid business.
Solar panel imports down 50% in the first two months of 2018
The EIA’s monthly solar module import report shows that after a ramp up in in mid-2017, volumes of imported PV modules crashed in January and February.
kWh Analytics tracks $8 billion in U.S. solar deals so far in 2018
The Spring DealFlow report from kWh Analytics highlighted 17 Asset Transactions and 19 Asset Financings deals year to date.
Wacker to restart U.S. polysilicon production
Wacker Chemie has said it is gradually ramping up production at its beleaguered U.S. polysilicon production site, with product expected to be again available in Q2. The shutdown has affected its Q1 earnings, with sales down 18% compared to a year ago.
DOE lashes out at 1366 Technologies
1366 Technologies, “recipient” of an undisbursed $150 million manufacturing loan guarantee, has received an aggressively-worded letter from the U.S. Department of Energy as it seeks a Section 201 exemption.
