Markets & Policy

While barely remaining in the black due to restructuring charges, First Solar ran at 100% capacity utilization and increased revenues during Q2.

Last year 56 MW of solar PV was installed, which brings the nation’s cumulative capacity to 170 MW.

Analysts expect installations in China, U.K. and Japan to slow over the second half of the year, but U.S. project spillover and India’s large pipeline will hold course despite global slowdown forecast for 2017.

John Hancock has invested $21 million in debt to lead financing of the portfolio.

On Sunday, the boards of Tesla Motors and SolarCity agreed to the terms of Tesla’s acquisition of the solar company. And while this deal is still awaiting votes by shareholders of both companies to go forward, there are indications that this may come soon. pv magazine USA spoke with Mercom Capital CEO Raj Prabhu about the evolution of this deal, and what to expect.

The microinverter maker has pursued price reduction to gain market share, but has not turned a profit since Q3 2015.

If the omnibus energy bill is signed by Governor Baker, Massachusetts will become the third state to mandate that utilities procure energy storage.

The residential solar provider has raised the volume of the facility to $250 million.

Solarworld CEO Frank Asbeck talks to pv magazine on the recent finding against the company in its legal dispute with Hemlock Semiconductor. A supremely confident Asbeck explains why he doesn’t think the judge’s decision changes the case at hand, while still expecting a settlement with Hemlock, and why any final decision will not affect the company’s American subsidiary nor the German company.

The Clean Energy Standard does not appear substantively different than earlier policy drafts, and includes a bailout for aging nuclear reactors.