TerraForm Global warns of danger ahead in 2015 filing
The yieldco’s overdue filing of its 2015 financial report is a step towards compliance with NASDAQ trading rules; however TerraForm Global’s losses exceeded its revenue in 2015 and the company has warned that it may not be able to continue.
sPower puts 60 MW of solar PV online for Palo Alto’s municipal utility
The completion of two projects comes in the middle of a flurry of activity for the Utah-based developer.
Arizona’s changes to net metering could derail the state’s rooftop solar market
While the Arizona Corporation Commission decided to grandfather current solar customers for 20 years from the interconnection days, new customers will only receive 10 years — which will hurt both solar lessees, loan-holders and potential cash deals.
Maine regulators delay decision on net metering
The state hit a trigger level which allowed regulators to modify net metering, but now they are delaying making changes to shut the program down.
New York coalition brings solar power to the poor
Solar One, GRID Alternatives Tri-State and Co-op Power have founded Affordable Solar New York, which will bring low-cost solar power to affordable housing providers in New York.
8minutenergy & D.E. Shaw put 155 MW-AC solar project online at under $59/MWh
This is one of the lower PPAs reported for solar projects in service in the United States; however PPAs are now being signed for much lower prices.
Panasonic to supply PV modules to Tesla from Japan, Malaysia
The collaboration between the two companies is moving beyond Panasonic running the Tesla/SolarCity gigafactory, and will enable Panasonic to re-open a factory in Japan.
Trina Solar shareholders approve deal to go private
Chinese tier 1 solar manufacturer Trina Solar looks all set to become a private company, after its shareholders approved a merger with Fortune Solar and Red Vibumum.
TerraForm Power expects to break even in 2017
In a conference call the yieldco says that sale of 376 MW of solar projects in the UK is at an advanced stage, and gave additional information on financial metrics.
Michigan revamps RPS, net-metering in last-minute bill
After marathon negotiations lasting more than 20 hours, the state’s legislature raised the renewable portfolio standard (RPS) and sets a deadline to create a “grid” charge for distributed-generation customers — but current customers are exempt.
