Markets & Policy

This July 4, it is more important – and possible – than ever to gain our independence from the conventional power industry, and to a degree, the utilities.

The bill to set California on a path to 100% renewables and “zero-carbon” sources in electricity by 2045 has passed out of an Assembly committee, following a groundswell of support.

The PV module manufacturer started negotiations with Jabil after the United States introduced duties on solar imports. Recom plans to restart manufacturing activities with Jabil’s 700 MW production equipment in the first quarter of 2019. Where exactly this will take place has not been disclosed yet.

Goldman Sachs Asset Management is paying $350 million in cash for a portfolio of C&I solar at 143 sites in New England, New Jersey and Maryland.

RGS Energy repeated its September goal for UL certification, while announcing an expansion of its manufacturing partnership with Revere Plastic Systems to support up to $138 million in Powerhouse annual sales.

Innergex purchased the rights to develop the massive Phoebe solar power plant on the day that the project received a full notice to proceed with construction.

Sempra Energy is selling off a portion of its energy generation assets as part of an activist shareholder’s push to “optimize” its portfolio.

The suggestion of additional investments beyond the $1.6 billion follows reports of battery cell shortages as Tesla’s Model 3 picks up production. It is unknown what impacts this will have on Tesla’s stationary storage business.

PG&E is seeking approval from California regulators for four energy storage projects totalling 567 MW / 2.27 GWh – including a 300 MW / 1200 MWh system by Vistra Energy, and a 182.5 MW / 730 MWh system by Tesla.

The Norwegian polysilicon maker has announced that it will today lay off around 100 employees from its Washington plant and reduce production, as a “direct result” of the trade dispute between the United States and China.