Nevada net metering breakthrough: Compromise struck in AB 405
The Battle Born State may finally be seeing its two-year battle over net metering coming to an end – and rooftop installers, as well as residential and commercial/industrial customers should be pleased.
Panasonic’s 2016 profit falls as solar sales sag
While declining sales of solar panels in Japan eroded the electronics giant’s earnings, Panasonic is holding on for growth driven by its collaboration with Tesla.
SolarWorld Americas to continue operations
Amid a flurry of speculation after its German parent company SolarWorld AG, the U.S. arm of the crystalline silicon PV manufacturer released a statement reassuring the market and its employees that it continues to operate at full strength.
ESCO acquires Renewable NRG Systems
The maker of engineered products for multiple industries has expanded into wind and solar with the acquisition of Renewable NRG Systems.
Vivint moves into retail sales
The third party solar provider plans to set up kiosks in retail locations in five states by the end of June, with more to come by the end of the year.
California opens second SGIP round after awarding $50 million on May 1
The state’s popular Self-Generation Incentive Program accepted the first round of funding requests that nearly sold out in one day. The second round of applications will be accepted some time in June, with the goal of awarding $100 million for energy storage projects.
TerraForm completes the sale of 365 MW of UK solar projects
With the sale the yieldco has almost completely divested from the United Kingdom, as its acquisition by Brookfield grinds forward.
Amtech posts revenue growth in quarterly results
The U.S./Dutch tool maker also saw order intake and quarter-end backlog increase in the latest quarter. All of the company’s segments contributed to the turnover growth registered in this period.
SMA remains in the black
A difficult market environment has led to a drop in sales and profits. The German inverter maker, however, was able to keep writing black numbers in the latest quarter.
Ten K Solar to “discontinue” current operation
The Minnesota-based solar company gave scant details, but denied claims that its winding down was due to faulty third-party hardware.
