The Arizona-headquartered solar power company wants to strategically align its resources to support its new Series 6 module, and thus seeks sale of its stake in the joint SunPower yieldco. SunPower reaffirms belief that the yieldco can deliver long-term assets and growth.
Figures published today by both IHS Markit and GTM research forecast annual growth in the global solar market in 2017, albeit at a slower rate than was seen in 2016. The analysts predict continued demand from the four largest markets, particularly China and India, as the key drivers behind this growth.
HB 340 codifies the ability of utilities to treat solar customers differently from all other ratepayers, leaving them subject to arbitrary “recovery fees” not levied on any other electricity consumers.
The new capacity would add to the 600 MW that the company expects to have online by early 2018 and the 335 MW already operational.
One in eight electrons generated at a facility in California came from a solar panel, according to data from the U.S. Department of Energy.
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