Canadian Solar 2016 results show impact of lower module prices
The Chinese solar company shipped 5,232 MW in 2016 but saw its revenue fall from $3.5 billion in 2015 to $2.8 billion last year as the global price squeeze on solar modules hit the firm’s bottom line.
Solar goes corporate: the rise of the bilateral PPA
PV power plants: Corporations want in on the falling costs and predictable prices of wind and solar. Bilateral power purchase agreements have emerged as one new business model among several that businesses are employing as they get serious about renewable energy, both in the United States and abroad.
SMA announces “major hiring push” in California, Northeast
The inverter giant’s expansion plans are a response to what it says are favorable market conditions. In addition, the company is introducing new products to the U.S. market, including solutions for battery storage.
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.
