The company says the $106 million request is necessary to upgrade O’ahu’s grid to improve reliability and customer service, as well as integrate more solar.
The New Mexico power producer has always wanted to serve its customers with renewable energy, but was severely limited by a previous contract. Now, thanks to a landmark FERC ruling and a new ‘angel’ wholesale-electricity supplier, the co-op can finally reach its goals.
The yieldco’s overdue filing of its 2015 financial report is a step towards compliance with NASDAQ trading rules; however TerraForm Global’s losses exceeded its revenue in 2015 and the company has warned that it may not be able to continue.
The completion of two projects comes in the middle of a flurry of activity for the Utah-based developer.
While the Arizona Corporation Commission decided to grandfather current solar customers for 20 years from the interconnection days, new customers will only receive 10 years — which will hurt both solar lessees, loan-holders and potential cash deals.
The state hit a trigger level which allowed regulators to modify net metering, but now they are delaying making changes to shut the program down.
Solar One, GRID Alternatives Tri-State and Co-op Power have founded Affordable Solar New York, which will bring low-cost solar power to affordable housing providers in New York.
This is one of the lower PPAs reported for solar projects in service in the United States; however PPAs are now being signed for much lower prices.
The collaboration between the two companies is moving beyond Panasonic running the Tesla/SolarCity gigafactory, and will enable Panasonic to re-open a factory in Japan.
Chinese tier 1 solar manufacturer Trina Solar looks all set to become a private company, after its shareholders approved a merger with Fortune Solar and Red Vibumum.
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