G20 nations dragging their heels on low-carbon transition, reports find
Study from Climate Transparency shows that while green finance among G20 nations has been stepped up, legacy commitments to fossil fuels mean countries will miss “well below 2 degree” warming limit set at Paris Agreement. Fossil fuel spending still four times higher than renewable spending, Oil Change International report also finds.
Yieldco 8point3 in holding pattern pending strategic review
The solar project holding company continues to shell out generous dividends, but project acquisition is on hold pending conclusion of the company’s strategic review.
Enphase threatened with de-listing due to low stock price
The warning from NASDAQ follows financial difficulties at the microinverter pioneer
New Jersey solar relatively steady in the first five months of 2017
Despite slower solar numbers in its monthly reports, NJ BPU expects a decline of at most 15% by the time data is finalized.
Back in the game: Former SunEdison executives launch Summit Ridge Energy
The new project will focus on commercial and industrial (C&I) and community solar projects, led by the former head of the bankrupt solar giant’s East Coast C&I operations.
Cheap gas and renewables are making merchant power untenable (w/ charts)
A new report by Power Research Group and Wilkinson Barker Knauer finds that cheap natural gas, wind and solar make it impossible for merchant plants to recover invested capital, and threaten the basic operation of wholesale power markets.
Spruce sells $250 million in solar and energy efficiency loans
This is the second sale of loan assets for the company, which has experienced significant staff reductions and turnover in its executive positions.
Optimism and concern at the REFF Wall Street conference
While there were many good indicators at ACORE’s 14th REFF Wall Street conference, there are worries around the Suniva Section 201 trade case.
Enphase Energy signs license agreement with manufacturing partner Flextronics
Deal sees the U.S. microinverter specialist license its marketing, sales and manufacturing rights to Flextronics, one of the world’s largest global electronics manufacturers and a longstanding partner of Enphase.
Florida Governor Scott lifts tax burden on leased, C&I solar with bill signing
Florida’s solar market is finally truly open for business with the reduction in taxes on leased solar and C&I installations, as the utility-scale market also booms.
