EnSync sells projects with Hawaii’s first solar-plus-storage power contracts
The energy management systems company is building a pipeline in Hawaii through its project development arm.
SolarCity Q2 installation levels beat guidance
The largest distributed solar company in the U.S. installed 201 MW in the second quarter, however the company is still lowering its full year guidance.
Tesla moves closer to SolarCity acquisition
A merger agreement has been approved by Tesla’s board, but is still awaiting a vote by shareholders of both parties.
NextEra Energy Partners plans to increase U.S. solar holdings
NextEra’s yieldco plans to add 269-1,169 MW of U.S. solar over the 2017-2018 timeframe.
SolarWorld Q2 shipments, revenues rise, as legal troubles mount
SolarWorld has increased its Q2 2016 shipments 39% YoY, to 342 MW, in 2016. Revenues increased almost 30% for the quarter, to €222 million ($246 million), while achieving an EBIT profit of €20.5 ($22.7 million) million.
Minnesota Power to solicit 300 MW of utility-scale solar generation
The Minnesota utility says that it will issue an RFP in coming weeks, to meet its obligations under Minnesota’s renewable energy policy.
IHS: Grid-tied storage to double in 2016, to emulate growth of solar
Industry analysts IHS Markit expect the grid-tied energy storage market to double in 2016, from 1.4 GWh to 2.9 GWh. IHS expects on-grid storage capacity to reach 21 GWh by 2025.
TerraForm Power reveals preliminary 2015, Q1 2016 results
The yieldco’s most recent financial data shows continued losses despite a slowing of project acquisitions in Q1.
SunPower settles Philippines wafer dispute for $50.5 million
In an SEC filing, the PV maker revealed that it has settled a monocrystalline wafer supply dispute with a Philippines subcontractor for a sum of $50.5 million.
SolarWorld to appeal court ruling in $793 million dispute
A U.S. court has granted Hemlock’s hefty claim against the leading solar PV company, which remains confident that enforcement of the lawusuit will fail in Germany.
