Three solar projects at 74.5 MW-AC each will replace a 250 MW coal-fired power plant which the utility plans to shut down.
In contrast to phony allegations of a cost shift, Public Utilities Commission of Nevada found that net metered-solar is saving other customers money.
The yieldco’s overdue filing of its 2015 financial report is a step towards compliance with NASDAQ trading rules; however TerraForm Global’s losses exceeded its revenue in 2015 and the company has warned that it may not be able to continue.
The completion of two projects comes in the middle of a flurry of activity for the Utah-based developer.
The state hit a trigger level which allowed regulators to modify net metering, but now they are delaying making changes to shut the program down.
This is one of the lower PPAs reported for solar projects in service in the United States; however PPAs are now being signed for much lower prices.
The collaboration between the two companies is moving beyond Panasonic running the Tesla/SolarCity gigafactory, and will enable Panasonic to re-open a factory in Japan.
In a conference call the yieldco says that sale of 376 MW of solar projects in the UK is at an advanced stage, and gave additional information on financial metrics.
The federal regulatory body states that Montana’s PSC is not in compliance with PURPA, and says that FLS Energy is free to pursue a remedy in the courts.
Less than a week after warning that it would hit caps on the previous net metering program some some time in December, the California utility has transitioned to its successor program.
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