The next hearing to consider grandfathering of solar customers will be held on September 19.
The agreement removes a key hurdle to the carving up of SunEdison’s empire.
According to the latest U.S. Energy Storage Monitor, a quarterly publication from GTM Research and the Energy Storage Association (ESA), the United States deployed 41.2 megawatts of energy storage in the second quarter of 2016, an increase of 126% over the first quarter of the year. The nation is on track to deploy 287 megawatts of energy storage this year.
The world’s largest emitters have committed to the global agreement, but the voluntary nature of individual national plans leaves many doubts.
The SunEdison roadshow continues as GCL-Poly move in and TerraForm Power holds on to staff, while the SolarCity-Tesla merger trundles onwards despite a few unexpected bumps in the road.
The Nevada Public Utilities Commission (PUCN) has denied SolarCity’s request to participate in proceeding on whether existing residential solar customers in Nevada should have their net metering schemes “grandfathered,” after the utility added fees to the scheme at the end of 2015.
A Securities and Exchange Commission (SEC) filing by Tesla on Wednesday revealed that the investment bank that advised SolarCity on its sale to Tesla, Lazard Ltd, double-counted some of the company’s projected indebtedness, resulting in a $400 million undervaluation.
The changes in terms on notes also include a requirement that companies buying up TerraForm stock take over the notes.
SunLink has launched TechTrack Distributed, its distributed single-axis tracker, featuring dynamic design, site flexibility and total cost reduction.
The measure is a first step to lifting significant obstacles to the development of solar in the Sunshine State.
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