14 industry heavyweights beg Congress not to slash research (Letter attached)
President Donald J. Trump has proposed devastating cuts to the Department of Energy and its related research arms. Leaders from multiple industries – including names you’ll know – are begging Congress not to implement them.
Keystone Power Holdings launches $35 million solar fund
Keystone Power Holdings LLC has established a solar investment fund, KPH Solar Farms Fund I, to finance small-scale solar projects.
American Solar Direct swerves into chapter 7 bankruptcy
The California solar installer will likely be liquidated, after its liabilities mushroomed to at least 200 times its assets.
New York public housing solar + storage microgrid project complete
The project at the Marcus Garvey Apartments is the first deployment of lithium-ion batteries at a multifamily residential building in New York City.
Vivint Solar to join Tesla, Sunrun in returning to the Nevada solar market
Following a promise by Governor Sandoval to sign legislation re-instating net metering, the nation’s three largest residential solar companies have all said that they will return.
California market troubles bring down U.S. residential numbers during Q1 (w/ charts)
While utility-scale and C&I solar performed well, the U.S. residential market contracted 17% due to slowness in California and other key solar markets.
Report says advanced energy is a national security priority
A group of high-level former military officers has warned the absence of a national strategy to seize opportunities in renewables and other forms of “advanced energy” could have implications for the U.S. geopolitical position and national security.
Court approves TerraForm Power, Global settlements with SunEdison
The rulings help clear the way for Brookfield’s acquisition of the two yieldcos, closing a long and difficult chapter in the story of the three companies.
Nevada legislature passes 40% by 2030 RPS, net metering revival
The RPS which now goes to Governor Sandoval’s desk is a step back from an 80% by 2040 proposal, and the net metering bill represents a compromise with NV Energy.
Vivint Solar gets $100 million in tax equity commitments
The U.S. residential PV company has boosted its tax equity coffers, and will use the funds to deploy 70 MW of residential PV capacity in the United States.
