Mercom: Total solar corporate funding falls 64% in 2016
It was not a pretty year for solar finance, but some sectors remained unscathed.
Could solar help replace Indian Point generation?
In his Regional State of the State address in Manhattan, New York Gov. Andrew Cuomo bragged about the deal he reached to close the Indian Point Energy facility, a nuclear-power plant that generates 2 GW of electricity for New York city and Westchester County. Details on how he’ll replace the power, however, remain vague.
ACC fixes net-metering grandfathering clause
Exactly three weeks after significantly altering net-metering in ways that could stunt future solar growth in the state, the Arizona Corporation Commission voted 4-1 to amend the way it will grandfather current solar customers under the new rules to remove a two- to three-week penalty the ruling accidentally imposed.
Third-party solar proves less popular in installer survey
The latest data from online solar marketplace provider EnergySage echoes other national trends in finding that installers are increasingly moving back to cash purchases, especially at smaller companies.
China continues dominance of global renewable energy
A new report examines China’s clean energy investments, which go well beyond its borders, as well as its increasing dominance of PV production and lithium ion processing.
TerraForm Global warns of continued losses for 2016
The yieldco’s first statement regarding its 2016 financials shows plenty of cash, but Global is remaining in the red overall.
TerraForm Power, Global warned with de-listing (again)
NASDAQ has sent letters to both yieldcos warning them that the failure to hold annual general meetings in 2016 serves as an “additional” cause for de-listing, after late financial statements.
New import duty calculations put higher rates on Canadian Solar
This year’s review of the U.S. trade ruling on Chinese PV cells would otherwise keep duties at similar levels to previous years, but it is expected that few companies will end up paying them.
From the editor: James Hansen is behind the times on wind and solar
James Hansen has played a very important role in publicizing the dangers of Climate Change. But his remarks on renewable energy show that he is not well informed on the current state of wind, solar and grid integration.
Innogy completes acquisition of solar and battery specialist Belectric
German renewable energy developer has acquired international PV power and storage specialist Belectric for a sum in the double-digit million dollar range, company comfirms.
