pv magazine USA weekly news roundup
A critical rate case in Arizona gets resolved, NRG moves to acquire SunEdison assets, SolarCity goes BIPV, downsizing at SMA and SunPower, results from SCTY, RUN & VSLR, and more…
Sunrun reports strong Q2 results
The third-party residential solar company is still struggling with high costs in its partner network, but has surpassed Vivint Solar as the second-largest residential solar installer in 2016 so far.
BREAKING: Arizona regulators preserve net metering in UNS case
The case was closely watched as a precedent for future rate cases in Arizona.
First Solar reports successes in Turkey and India
The thin film maker and developer reports 160 MW-DC of PV module orders in Turkey, while putting 130 MW-AC of projects online in India.
SMA to close Denver factory, lay off 280
The world’s largest inverter maker says the move is “unavoidable”, and is maintaining its sales and service operations in California.
Additional solar charges beaten back in New Mexico
New Mexico regulators have approved a settlement under which a utility request to increase fees on its customers with rooftop solar was nullified, which also reduces fees for agricultural customers.
Enphase switches CFOs
The microinverter leader’s change in financial management comes a week after the company reported its third consecutive quarter of losses.
Mitsubishi to invest in US solar firm Nexamp
The Japanese corporation reaches agreement to indirectly take a near majority ownership in the firm, which specializes in community and commercial solar installations.
SunPower to shed 1,200 jobs as it cuts revenue forecast and expects 2016 loss
Extension of the ITC has stripped urgency from U.S. market, company CEO says, prompting a rethink on solar power plant timeline. SunPower will close Philippines fab as part of re-positioning of supply.
AEE: Changes in state policies could unlock corporate renewable energy use
A report by Meister Consultants lays out the pathways to increase corporate use of renewable energy, and the states where these policies have the most potential.
