DC Solar owner sentenced to 30 years for Ponzi scheme
In what the Department of Justice described as “the largest criminal fraud scheme in the history of the Eastern District of California,” Jeff Carpoff has been sentenced to 30 years in prison for conspiracy to commit wire fraud and money laundering.
Competitive Power Ventures acquires 460 MW solar portfolio
Purchased from developer Belltown Power, the two projects are located in Illinois and Kentucky.
Sunrise brief: Financing green light for 565 MWh storage project
Also on the rise: First Solar reports shipping problems, SunPower weighs options for its C&I business, and FTC Solar wins a tracker order for an Arizona project.
Flagship solar trade shows rebrand as RE+
The rebranding launches in January as SPI, ESI, and Smart Energy Week become “RE+”.
FTC Solar wins tracker order for Arizona solar project
The project combines solar and energy storage technologies and will be located near Phoenix.
Plus Power lines up financing for 565 MWh storage project
The financing includes $188 million in non-recourse construction debt and $31 million in letters of credit.
SunPower to decide fate of commercial-industrial solar business this year
A quarterly update top-loaded with promising business growth in the company’s residential segment revealed commercial and industrial operations supplied an $8 million loss to the three-month figures, with supply chain issues and project timetables blamed.
Sunrise brief: Georgia Power RFP seeks 1 GW of renewables
Also on the rise: Canadian Solar wins 52 MW project with Colombia Ministry of Energy, and a Solar co-op launches in the Twin Cities.
Focus on residential solar incentives: New England
pv magazine looks at the six New England states’ solar incentives, several of which rank among the top 10 best incentives in the nation.
New Jersey solar-ready warehouse bill is now law
The law requires all new warehouses that are at least 100,000 square feet to reserve up to 40% of their roof area for solar arrays.
