Vivint Solar on a growth path again in Q2
The residential solar company unveiled a novel financing deal and grew installations and bookings, but is still struggling to reduce installation costs.
United States confirms additional 25% tariffs on Chinese cells, modules
While the tariffs make importing solar from China even more impractical, they are unlikely to have a significant impact on trade flows or the U.S. market.
80 MW of rooftop solar subscribed in Nevada – in slightly more than one year
Nevada is decreasing compensation slightly under its new net metering policy, with the first 80 MW tranche of the program fully subscribed over the weekend.
Hawaii PUC approves solar + battery system for Molokai
The island’s 7,000 residents are expected to see savings from the 4.9 MW solar and 2.6 MW of battery storage that Half Moon Ventures plans to install on the island.
Green Mountain Power solar grows 1500% since 2012
The Vermont utility says that net metered solar capacity in its service area grew from less than 10 MW in 2010 to more than 150 MW through July 2018. These behind-the-meter installations represent 65% of the solar installed in its service area.
Inverter makers plan alternatives to avoid potential 25% tariffs
Several inverter makers could be hit by the Trump Administration’s move to increase tariffs on imports including inverters from China, but many are already shifting manufacturing to other locations.
11 GW of Texas solar would complement existing wind power
A study by UT-Austin finds that 11 GW of solar power in Texas would be the optimal capacity to complement the state’s existing wind generation in meeting electricity demand throughout the year. While the results reflect a carbon price scenario, they may still provide near-term guidance.
New York recommends “stopgap” measures to modify solar compensation
Two white papers issued by state regulators call for modifying the Value of Distributed Energy Resources calculation and increasing credits available for community solar projects. SEIA describes this as “forward progress”.
Solar power assets included in “AAA” commercial bond offering
CleanFund has closed on a $103 million bond for a portfolio holding building efficiency, seismic, water conservation improvements, as well as solar assets. A 5 MW project was noted as having received a 20-year term at 5.6%.
SolarEdge ships nearly 1 GW of inverters during Q2
The inverter and power optimizer maker showed 67% year-over-year revenue growth and shipped 985 MW of inverters but missed earnings projections by 2%.
