TerraForm Power, Global forecast continued losses in 2016
While TerraForm Power and TerraForm Global are making progress in their separation from SunEdison, the two yieldcos continue to be plagued by losses and report that available cash for payouts to investors will be substantially reduced from previous estimates.
Mercom Capital forecasts 13 GW of U.S. solar installations for 2016
Solar industry analyst Mercom Capital has reported encouraging annual solar installation forecasts of 76 GW across the globe for 2016, driven by record-breaking installation figures from China, while the anticipated slow-down in 2017 is now expected to be less dramatic than originally thought, with forecasts of 70 GW.
World’s cheapest solar power contract signed for Dubai mega-project
DEWA has signed a $29.90/MWh PPA with Masdar for the 800 MW third phase of the Mohammed bin Rashid Al Maktoum solar park.
BNEF: Betting on residual value is putting solar projects at risk
A research note from Bloomberg New Energy Finance warns of the danger to the latest wave of utility-scale projects with short power contracts at low prices.
EnergySage wisely enters community solar
The solar market’s leading online marketplace moves beyond residential solar to benefit from a market expected to encompass have of distributed PV installations by 2020
NRG closes on 1.5 GW-AC of SunEdison wind, solar assets
The acquisition includes utility-scale solar projects in Utah, Texas and Hawaii as well as 29 MW of distributed solar in four states.
Solar+storage cuts Vermont utility grid charge by $200,000
A recently completed solar+storage project at Green Mountain Power’s Stafford Hill Solar Farm project shaved enough August peak energy use that Green Mountain Power is saving $200,000 from its annual bill from the New England grid operator.
Make Solar Great Again
In the most recent election, Populist candidates issued thinly veiled calls to return to an America that makes tangible goods. But can solar be part of a manufacturing renaissance in the United States? And what would be needed to make solar in America?
BREAKING: Demand charges removed from Illinois nuke bailout bill
The move follows the governor’s office calling such charges “insane”. The provision to eliminate net metering has also been removed, as well as subsidies for coal-fired power plants.
TVA & NextEra put online Alabama’s largest PV plant
The 75 MW River Bend Solar Energy Center represents a rare entry by TVA into the world of non-hydro renewable energy.
