GTM Research: Global solar market to grow 9% in 2017
Increasing demand for solar power in China has prompted analysts to boost their 2017 estimates, forecasting an increase of more than 9% this year, with the annual global market reaching 85 GW.
20 MW of “grid-supply” solar capacity becomes available in Hawaii
HECO has identified space for 2,800 rooftop PV systems under a previously closed program that allows customers to export to the grid.
APS says solar, energy efficiency to make up 50% of new production
Arizona’s largest investor-owned utility says the next 15 years will include significant increases in solar production, battery storage products and significant reductions in coal-fired production plants.
Maryland legislation backs growing role for energy storage
If signed by the governor, two bills will provide tax credits for energy storage systems and study methods to increase storage deployment.
NV Energy reaches 2016 renewable portfolio threshold
Despite a significant slowdown in a two-year rooftop solar installations, which left NV Energy as essentially the state’s only solar option, the utility reached its legislatively mandated 20% level of renewable energy production last year.
Fiera Corporation buys shares in up to 921 MW-AC of American wind, solar
The Canadian asset management firm has bought into a D.E. Shaw portfolio of assets in eight U.S. states.
Solar and Tesla shine amid weak Q1 for clean energy investment
BNEF cites financing for a massive solar plant in Mexico and Tesla’s billion-plus capital raise as running counter to the trend of falling clean energy financing during Q1. Investments in distributed solar also rose.
Chicago and Portland, Oregon move towards 100% renewable energy
The two cities are the latest in significant momentum for 100% renewable energy campaigns
Solar corporate funding activity increases by 100% in Q1, finds Mercom Capital
Total corporate funding across the global solar industry reached $3.2bn in the first quarter of the year, which is a 100% increase on Q4 2016. This rise is largely due to increased debt financing activity, said Mercom Capital Group CEO Raj Prabhu.
Suniva violated WARN Act provisions in layoffs, employees say
In the latest news for the troubled cell and module maker, former employees have filed a class-action suit alleging the company violated provisions of the federal WARN Act by laying off employees in Michigan and Georgia without notice.
