Solar Frontier sells 40 MW California solar plant to Dominion
The U.S. development unit of the Japanese CIS thin-film manufacturer has completed the sale of the 40 MW-DC Midway II project in California.
Salt Lake City joins cascade of cities committing to 100% renewables
The dominoes are starting to fall solar’s way, as the Utah capital committed to producing all of its electricity from renewable sources in 15 years, joining an ever-growing group of cities who have already done so.
GTM Research: Global solar market to grow 9% in 2017
Increasing demand for solar power in China has prompted analysts to boost their 2017 estimates, forecasting an increase of more than 9% this year, with the annual global market reaching 85 GW.
20 MW of “grid-supply” solar capacity becomes available in Hawaii
HECO has identified space for 2,800 rooftop PV systems under a previously closed program that allows customers to export to the grid.
APS says solar, energy efficiency to make up 50% of new production
Arizona’s largest investor-owned utility says the next 15 years will include significant increases in solar production, battery storage products and significant reductions in coal-fired production plants.
Maryland legislation backs growing role for energy storage
If signed by the governor, two bills will provide tax credits for energy storage systems and study methods to increase storage deployment.
Fiera Corporation buys shares in up to 921 MW-AC of American wind, solar
The Canadian asset management firm has bought into a D.E. Shaw portfolio of assets in eight U.S. states.
Solar and Tesla shine amid weak Q1 for clean energy investment
BNEF cites financing for a massive solar plant in Mexico and Tesla’s billion-plus capital raise as running counter to the trend of falling clean energy financing during Q1. Investments in distributed solar also rose.
Solar corporate funding activity increases by 100% in Q1, finds Mercom Capital
Total corporate funding across the global solar industry reached $3.2bn in the first quarter of the year, which is a 100% increase on Q4 2016. This rise is largely due to increased debt financing activity, said Mercom Capital Group CEO Raj Prabhu.
News Analysis: Installations crater in Hawaii after incentives gutted
In 2015, Hawaii’s Public Utilities Commission eliminated the state’s net-metering incentive. Since then, the number of permits pulled on Oahu for solar installations has plummeted, reaching a new low in 2017 of only 449.
