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Markets & Policy

BREAKING: SunPower to close Philippines factory, lay off a total of 2,500

The company has announced a major restructuring as it attempts to right-size and address the hole in its balance sheet.

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sonnen steals top Tesla executive

The German energy-storage company hired the highest-ranking North American sales manager from Tesla to spearhead its U.S. expansion plans

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Google to source 100% of its power from renewables in 2017

The tech giant says that next year all of its offices as well as its data centers will be powered by renewables. The company has signed 20 PPAs to date for a total of 2.6 GW.

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OCI to sell Alamo 6 solar project for $385 million

The Texan/Korean developer has not said who it will sell the 110 MW-AC plant to.

Trump DOE transition team issues vague threat to energy subsidies

A leaked memo on the Trump Administration’s Energy Plan focuses more on expanding fossil fuel infrastructure and stopping federal regulation of carbon, but also says that all energy subsidies should eventually be eliminated.

Utah utility’s rate proposal sparks passionate public backlash

Rocky Mountain Power’s new rate structure, which goes before the public service commission today, would charge new solar customers fees to cover a mythical cost-shift — inviting public scrutiny of what it sees as the utility’s attack on solar energy

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NRDC report says U.S. clean-energy transition unstoppable

Renewable-energy sources now cost less than fossil-fuel ones in many places, and consumers are voting with their wallets

TerraForm Power gives January deadline for bids, warns shareholders about its ability to continue

The yieldco says that bidders must provide firm pricing by a defined date in January, as it allows the offer of an expedited takeover by Brookfield and Appaloosa to lapse.

Environment America issues Block The Sun report

Despite solar’s growing role in electricity production in the United States, it often finds itself under attack by utilities threatened by its growth. A new report outlines strategies to fend off these attacks and keep the solar industry expanding

Illinois energy bill passes without demand charges or repeal of net metering

SB 2814 includes reforms to the state’s renewable energy mandate, which will now support an estimated 2.0 GW of solar by 2025, as well as a bailout for aging nuclear plants.

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