New investment vehicle could bring “patient capital” to wind and solar
Non-profit CPI says that by removing barriers to direct investment in wind and solar assets, its new vehicle could lower the cost of these projects 15-17%, while attracting $4 trillion from pension funds and insurance companies.
SEIA battles Suniva, SolarWorld for hearts and minds of the U.S. ITC
Trade case petitioners Suniva and SolarWorld brought the collapse of their businesses on themselves, the association said. The companies respond with equal fervor, saying SEIA’s claims are wrong on the law and contradicts its earlier statements.
Suniva, SolarWorld claim trade protections could generate 114,800 solar jobs
One week before the U.S. International Trade Commission hears testimony on the Section 201 trade case, the petitioners released a study that insists a decision in their favor could create 45,000 U.S. solar manufacturing jobs.
Vivint moves towards short-term profit
The residential solar company’s Q2 results show a smaller Vivint that is emphasizing direct sales versus the third-party model.
Enphase CEO Paul Nahi steps down during second-quarter earnings call
In a move that caught some by surprise, the third member of the founding team at Enphase said he felt it was time for a new CEO to continue its global growth. The company expects to name a new CEO by Aug. 31.
Fossil fuel front group slams Utah solar, using cost-shift argument to divide consumers
A “consumer protection group” almost entirely funded by every major fossil fuel company in the country is using the “cost-shift” argument to attempt to weaken support for solar in the state.
Enel snags EnerNOC for $250 million
Now that the transaction is complete, the Massachusetts-based company owns EnerNOC the demand-response giant.
Sunrun continues market share gains in Q2 2017
While other large distributed solar companies are pulling back from the third party model and the U.S. residential market contracts, Sunrun is continuing to grow.
Tesla seeks $1.5 billion bond offering while shifting its solar strategy
The EV, battery and solar company continues to raise record amounts of cash as it ramps Model 3 production. At the same time, it’s emphasizing profitability from its solar business, which has undergone a significant transformation since the company bought SolarCity.
California regulators call for later peak under SDG&E time of use rates
A week before a key ruling and with little justification, CPUC has altered a proposed decision on TOU timing. If approved this will be bad for SDG&E customers who adopt solar and could set a precedent for TOU rate cases at California’s other utilities.
