Vivint Solar keeps growing
The company showed increased costs for its sales force, held the cost of building solar consistent and is projecting to grow annual installation volume 15% in 2019.
Berkshire Hathaway loses $377 million in DC Solar scandal
Berkshire Hathaway revealed during its results call on Wednesday that the $377 million fee that the bank incurred earlier this year was linked to the ongoing DC Solar scandal.
Utility scale solar pricing down 7% on competition and construction costs
LevelTen’s marketplace shows utility-scale solar power offers falling $2/MWh across five large grid operators, with executives suggesting that competition among developers and falling construction costs drove this.
California’s CCA structure gets Moody’s thumbs up
Moody’s has rated Peninsula Clean Energy, a California CCA, at Baa2 Investment Grade status. The rating agency gave significant credit to the legal structure surrounding CCAs giving them “sticky” customers, in addition to the PCE’s conservative management and strong customer relationships.
Clean energy in Opportunity Zones: An interview with Jon Bonanno
In this interview with pv magazine, New Energy Nexus CXO Jon Bonanno describes the significant opportunity presented by the federal Opportunity Zone program – and the limited window of time to take full advantage of the program.
Wisconsin utility wants to tax the sun 24%
We Energies has filed to increase fixed fees 10.3% and charge a residential solar power fixed cost recovery charge of $3.53/kW/month.
Energy Freedom bill moves forward, Spruce raises $208 million, stable solar pricing: pvMB 05/03/19
Happy Friday and welcome to the pvMB. Today we also bring you the Texas Senate passing a bill to prevent municipalities from interfering with citizens going solar, solar for schools in Minnesota, and more!
Tesla to get a $2+ billion cash injection through stock, bond offerings
The EV, energy storage and solar company is raising additional cash as it struggles to ramp Model 3 production and slashes prices on its solar offerings.
Texas collective is getting wind+solar+whatever you have for 3¢/kWh – or less
As part of the Texas’ State Energy Conservation Office procurement process, a group of public companies have received bids for wind and solar power for less than 3¢/kWh for 150 MW+ of load in 12-year power contracts.
Panasonic leaves U.S. solar development with Coronal sale
Danish offshore wind giant Ørsted has acquired Coronal Energy’s solar development business, in a move that strengthens one company’s presence in the U.S. utility-scale solar and storage market, and all but eliminates the other’s.
