Reuters reports that nearly 20% of its installation facilities will close, as part of the company’s 9% workforce reduction announced last week.
In doing so, First Solar places themselves alongside Exelon Corp., a direct competitor
The predicted fall in global PV module prices appears to have already begun, with PV Insights and EnergyTrend reporting average prices in the $0.27-$0.37 cent per watt range.
The Michigan utility is taking on an aggressive expansion of solar power, wind and energy storage in hopes to reduce its emissions to 20% of 2005 levels.
A group pushing the measure got more than double the number of signatures needed to bring the renewable energy mandate increase directly to the state’s voters on November 6.
In the wake of the Section 201 tariffs, the United States is seeing a minor renaissance in solar module manufacturing. However, in terms of why this is happening, the tariffs are only one part of a more complicated story.
The Southern developer has signed a deal to sell power to Green Power EMC from another 194 MW-AC of solar projects which it is building in the state.
The New York State Assembly has passed a bill which would temporarily put a hold on the alternative valuation of electricity from community solar projects and re-institute net metering for three years. The companion bill currently sits in Senate Rules Committee.
The sale brings in $240 million for First Solar and $360 million for SunPower, as both companies re-focus on manufacturing. Capital Dynamics now owns the yieldco.
Day one of ACORE’s REFF Wall Street conference shows U.S. renewable energy finance in a healthy state, despite policy headwinds from the Trump Administration. But in the longer term, things get hot and crowded.
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