Sunrun deployments down 7%, but revenue up 36%
The company reiterated full-year guidance of 15% growth in deployments – and cash generation at even higher rates.
Stion R&D tools go to auction
Heritage Global Partners will auction off the thin film PV maker’s tools from its research & development facility in Silicon Valley on May 30-31.
How much of Tesla’s Solar Gigafactory did California just vote to buy?
The California Energy Commission unanimously approved a requirement for solar pv on all new homes – either in the house or in community solar.
Connecticut dismantles net metering
Legislation to destroy the economics of distributed solar has passed the House 100-45, and will now go the governor – who introduced the bill.
Virginia regulators reject Dominion’s 100% renewable energy option
The state’s Corporation Commission has argued that the program as designed would give Dominion “extraordinary discretion” in setting rates.
Onyx Renewables gets funding for 80 MW of C&I + small utility solar power
CIT Group and RBC Capital worked together to fund the portfolio of projects spread across six states, with half the capacity in California and Arizona and the other half in the northeast.
Denton, Texas approves 100 MW solar power contract
NextEra will build a 100 MW solar plant in West Texas to meet demand in the city, which has pledged to go 100% renewable by 2020.
Vivint Solar grows revenue on lower volume
The residential solar power company continues its focus on higher profits, hinting at strong growth potential in coming quarters as sales teams settle into their new pipelines.
SunPower to exit utility-scale solar development
The company is pivoting to DG solar and expanding its manufacturing as it continues to struggle with profitability.
Salt River Project customers soaking up new energy storage incentive
The $150/kWh-DC rebate launched with 4,500 spaces on May 1, and is down to 3,400 reservations only a week later.
