A billion-dollar silicon carbide complex is coming to North Carolina
Cree, which pioneered the innovative semiconductor material, is planning to increase silicon carbide production 30x through a massive investment in a fab and materials megafactory in Durham, North Carolina.
Bloomberg updates bankable module list, new additions to the StorEdge family: pvMB 5/13/19
Happy Monday one and all and a happy belated Mother’s Day, too. Today we’ll be looking at Seraphim launching its PLANET line, Blackburn College’s upcoming installation, Innogy acquiring two North Carolina projects and more!
SunPower could break into the black this quarter
The high efficiency PV maker may be hot on the tail of its golden goose, with demand outweighing supply for the company’s new A-Series and P-Series modules. And now that reetooling is over, it’s time to sell.
Energy freedom and solar’s strategy for the South
The solar industry has just won a major victory with the passage of the Energy Freedom Act in South Carolina. But is this victory replicable in other Southern states?
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.
Sunrun aims to replace big power plants
By providing solar + storage, contracting to supply capacity in wholesale markets and even considering microgrid communities, Sunrun is taking on more and more of the space traditionally occupied by utilities and the large, centralized generators that they rely on.
We’ve surpassed 2 million solar installations
The first million took 40 years, the second million took two years and the third million will arrive two years from now.
The Energy Freedom Act has passed the South Carolina Senate
South Carolina’s solar industry is close to a big revival, with a long-awaited bill to eliminate net metering caps and transform the way utilities procure energy. But it has get back through the House by the end of the day tomorrow (Thursday).
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.
