Guggenheim: Sale of CAFD, NYLD cast doubt on the yieldco space
A research note by Guggenheim Securities says that the recents sales of NRG Yield and 8point3 Energy Partners show how difficult it has been for investors to accurately value yieldcos, and undermines confidence.
Michigan group starts ballot campaign for 30% by 30 renewable energy
Clean Energy, Healthy Michigan has started collecting signatures to get a constitutional amendment on the ballot in November that would extend the state’s Renewable Energy Standard to 30% by 2030 after the current targets are met in 2021.
Trump 2019 budget would slash renewable energy funding, eliminate ARPA-E
President Trump has yet again proposed eliminating most federal funding for clean energy R&D, but Congress will have the last word.
Enphase and Panasonic announce AC module partnership
Market roll out of Panasonic’s HIT modules fitted with Enphase Energy’s new IQ7X Microinverter penciled in for May in North America, Enphase confirms.
SunLink claims 150% growth in 2017 shipments
The mounting system and tracking maker has surpassed 2 GW of solutions installed and claims 5-fold growth in its tracker solution.
Vermont’s solar market fell 50% in 2017 (w/chart)
Solar advocates blame changes to the state’s net metering policy for the decline in installations and a loss of 232 full-time jobs.
Report: DOE might invoke emergency powers to keep coal plants online
After the Federal Energy Regulatory Commission rejected Secretary of Energy Rick Perry’s order to bail out First Energy coal plants, the Department is now considering invoking emergency powers under Section 202 of the Federal Power Act to achieve the goal, Bloomberg Politics reports.
Tariffs violate NAFTA and the Trade Act, Canadian companies tell court
A group of three Canadian companies filed a lawsuit in the United States Court of International Trade, saying their products shouldn’t be covered by the tariffs because they do not harm U.S. module manufacturers.
Level Solar employees sue over WARN Act violations
Employees of the now-defunct New York solar installer say the company terminated them without the 90 days notice required by New York law.
Massachusetts reaches 2 GW of installed solar
The state has reached this milestone despite a residential market crash, a long waiting period for the new SMART regulations, and net metering caps being reached in some utility service areas.
