Duke program produces 40 MW of solar in South Carolina
More than 1,800 residential customers and 125 business customers have taken advantage of the utility’s Solar Rebate Program to reduce solar installation costs significantly.
Spruce’s solar portfolio is collateral for $105.4 million in debt financing
The deal, financed by Investec and Silicon Valley Bank, will be fund more systems around the country for the residential solar financier.
TerraForm Global warns of danger ahead in 2015 filing
The yieldco’s overdue filing of its 2015 financial report is a step towards compliance with NASDAQ trading rules; however TerraForm Global’s losses exceeded its revenue in 2015 and the company has warned that it may not be able to continue.
Arizona’s changes to net metering could derail the state’s rooftop solar market
While the Arizona Corporation Commission decided to grandfather current solar customers for 20 years from the interconnection days, new customers will only receive 10 years — which will hurt both solar lessees, loan-holders and potential cash deals.
8minutenergy & D.E. Shaw put 155 MW-AC solar project online at under $59/MWh
This is one of the lower PPAs reported for solar projects in service in the United States; however PPAs are now being signed for much lower prices.
Trina Solar shareholders approve deal to go private
Chinese tier 1 solar manufacturer Trina Solar looks all set to become a private company, after its shareholders approved a merger with Fortune Solar and Red Vibumum.
TerraForm Power expects to break even in 2017
In a conference call the yieldco says that sale of 376 MW of solar projects in the UK is at an advanced stage, and gave additional information on financial metrics.
Debates about future demand for silver in PV continue
With silver use per cell falling as overall PV demand grows, two different consultancies have given different accounts of future demand for silver in PV applications.
Sunrun begins offering solar and storage in California
The second-largest residential solar installer has expanded its solar-plus-storage offerings after a successful roll-out in Hawaii.
BREAKING: SunPower to close Philippines factory, lay off a total of 2,500
The company has announced a major restructuring as it attempts to right-size and address the hole in its balance sheet.
