Solar power assets included in “AAA” commercial bond offering
CleanFund has closed on a $103 million bond for a portfolio holding building efficiency, seismic, water conservation improvements, as well as solar assets. A 5 MW project was noted as having received a 20-year term at 5.6%.
RI judge rejects solar project, rules solar to be “manufacturing”
A judge in Rhode Island has overturned a proposed solar farm in Portsmouth, ruling that modules “manufacture” the electricity they generate.
SolarEdge ships nearly 1 GW of inverters during Q2
The inverter and power optimizer maker showed 67% year-over-year revenue growth and shipped 985 MW of inverters but missed earnings projections by 2%.
40 million EV charging points for 11% of all cars by 2030
GTM Research has published an analysis of the global electric vehicle infrastructure of 2030. The group sees ten times more public charges than home chargers, and in North America alone sees $13 billion in electricity related revenue due to EVs in 2030.
Locals push solar power from the bottom up in Maine
In a state whose governor is staunchly anti-renewable energy, more than 25 municipal projects have been built and an island is pushing for energy independence by 2030.
Tesla’s mad growth in energy storage
In the first two quarters of 2018 Tesla deployed 40% more energy storage than all of 2017, with 300-400% growth expected for 2019. Solar power deployments grew 11% to 84 MW over a low Q1 value.
Trump calls for 25% tariffs on Chinese inverters, other products
U.S. President Donald Trump has asked trade officials to consider increasing import duties from 10% to 25% on a list of products from China including inverters, AC modules and non-lithium batteries.
Massachusetts passes energy bill without lifting net metering caps
The bill will increased the state’s renewable portfolio standard to 40% by 2030 and mandated additional energy storage, but the failure to lift net metering caps is expected to hobble mid-sized solar installations.
Ex-SolarCity employees allege discrimination, harassment and fake sales reports
The Tesla-owned company finds itself again in legal hot water as a suit brought by ex-employees describes a disturbing workplace culture.
Enphase within striking distance of profitability in Q2 results
The company has brought its operating margin to below -1%, as it fends off component shortages, short sellers and potential tariffs.
