Finance

Bids on the company’s solar marketplace show consumers are owning more systems, with bids much lower than the national cost per watt.

Sharp has announced a zero-down, $25 million initial-phase financing program for commercial solar plus its SmartStorage projects, including an industry-first 10 year service and performance guarantee.

This week saw collaborations between nations and companies, some numbers on the U.S. energy storage market and progress in the carving up of SunEdison, as the solar industry prepares for the Solar Power International trade show.

REC will provide its commercial PPA, financing and various other forms of support to SolarWorld installers developing C&I projects, as part of its channel strategy.

The agreement removes a key hurdle to the carving up of SunEdison’s empire.

The changes in terms on notes also include a requirement that companies buying up TerraForm stock take over the notes.

This week saw three new high-profile executive appointments, Berkeley Lab’s annual report showing ongoing solar cost collapses, progress on Tesla’s acquisition of SolarCity, and more.

Elon Musk, Peter Rive and Lyndon Rive have purchased $100 million of the company’s $124 million, high-interest bond issue.

This is the first such system installed in Colorado since the Department of Energy expanded the $215 million Weatherization Assistance Program to include low-income solar.

This was another difficult week in the U.S. solar industry, with layoffs at SolarCity and the carving up of SunEdison’s empire, but also saw progress in policy and technology.