Vivint Solar installations decline in Q4
While the residential solar company has greatly improved its access to capital, its volume installed fell 21% year-over-year.
EDF creates U.S.-based storage unit
EDF Renewable Energy has created a new subsidiary for distributed solar and storage projects up to 30 MW.
Layoffs at REC Solar and Spruce underline market changes
Staff reductions at both the developer/installer and the finance provider are more evidence of turbulent solar markets in the United States.
Sungevity’s insolvency shows in employees’ checks
Today the final checks to Sungevity workers laid off without notice last week bounced, as the latest problem for the company and its former employees.
Blattner Energy takes top solar EPC spot in 2016 (with chart)
IHS Markit’s latest assessment of U.S. solar contractors finds that Blattner outpaced First Solar to take the top spot in 2016.
Google’s Project Sunroof expands to all 50 states
The tech giant’s online assessment tool for solar potential now covers roughly 60 million buildings, and found that 79% of rooftops are technically viable for solar PV.
Net metering 2.0 slows down California’s residential solar market
Solar industry commentary is echoing state data, which shows that the implementation of net metering 2.0 and time-of-use rates are having a significant negative effect on California’s distributed solar market.
Trina Solar goes private
The Chinese PV maker has completed its merger transaction and will now become a private company. Trading of Trina’s shares on the NYSE have been suspended pending de-listing.
Sungevity files for bankruptcy
Four days after laying off an estimated 400 employees, Sungevity has filed for Chapter 11 bankruptcy.
Stage set for solar battle royal in Georgia
While Georgia Electric Membership Corp. adds more than $30 in fees to solar customers’ bills, the legislature considers passing a law limiting the amounts they can charge. The conflict comes amidst the rapid growth of the solar industry and the state.
