SolarCity value miscalculated by $400 million in Tesla merger
A Securities and Exchange Commission (SEC) filing by Tesla on Wednesday revealed that the investment bank that advised SolarCity on its sale to Tesla, Lazard Ltd, double-counted some of the company’s projected indebtedness, resulting in a $400 million undervaluation.
SunLink Launches TechTrack Distributed
SunLink has launched TechTrack Distributed, its distributed single-axis tracker, featuring dynamic design, site flexibility and total cost reduction.
Florida initiative to exempt solar from property taxes passes by wide margin
The measure is a first step to lifting significant obstacles to the development of solar in the Sunshine State.
pv magazine USA brings on new sales and business development staff
As part of our increased U.S. presence, pv magazine USA has hired Matt Gallinger as our North American representative.
Washington D.C. is not meeting its solar carve-out
Data published by EIA shows that less than half the district’s solar requirement was met in 2015.
PG&E to open bidding process for 75 MW of shared renewables
The utility is seeking 75 MW of solar and other renewable energy projects from 500 kW to 20 MW in capacity under a new shared renewable energy program.
NEXTracker acquires predictive modeling software firm BrightBox
U.S. tracker manufacturer NEXTracker has purchased software firm BrightBox Technologies in a move it says will augment its predictive modeling capabilities and expedite the commissioning process.
Virginia puts online its first community solar plant
The 550kW system will serve members of a rural electric cooperative in the Shenandoah Valley, and comes in the absence of state policies for shared renewables.
KEPCO to buy the 30 MW Alamosa CPV plant
The Korean utility giant company has contracted to purchase the largest concentrating photovoltaic (CPV) project in the United States.
Average solar prices in New York State fall to $1.97 per watt after incentives
The second study by Solar to the People finds that incentives cover more than half the cost of the average residential PV system in New York State.
