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Elon Musk to step down as Tesla chair

Under the terms of a settlement with the Securities and Exchange Commission (SEC), Musk will be ineligible to serve as chair for three years. The deal also involves a $40 million penalty and structural changes at Tesla.

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New solar REIT to make long-term solar loans

By offering long-term solar mortgages that can be repaid from project cash flows, the founders of Radiant REIT plan to meet an industry need. The REIT is starting with a $300 million fund.

California energy storage subsidy extension signed into law

California Governor Jerry Brown has signed SB 700, which will allow for a five-year extension of the Self Generation Incentive Program (SGIP), with as much as $700 million in funding for energy storage systems.

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Massachusetts’ SMART program is a go, but the details matter

The State of Massachusetts has officially approved its next round of solar power incentives. The program will push 1.6 GW of solar power onto the power grid.

SEC wants Elon Musk off the Tesla board

The regulator has filed a lawsuit alleging that Musk’s August tweets about having secured funding to take the company private were “false and misleading”, and is asking to have him barred from serving on the board or as a director of a public company.

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300 MW solar plant planned outside Columbus, Ohio

Hecate Energy’s project dwarfs the state’s entire installed capacity so far. If approved, this and a handful of large projects proposed would skyrocket Ohio up the U.S. rankings for installed capacity.

Colorado muni wants to be 1/5th solar powered by 2024

Colorado Springs Utility has approved plans to build 150 MW of solar power, coupled with energy storage. This project, plus prior capacity, will bring the company to 21% solar electricity by 2024.

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SMA is Now Shipping TS4-R-F Rapid Shutdown Solution

As the module level rapid shutdown requirements for rooftop solar come into play for 2019, multiple inverter manufacturers are moving forward with solutions.

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Los Angeles households to get 121 MW of solar power from 8minutenergy

8minutenergy has entered into a definitive agreement to sell its interest in the 121 MW-DC Springbok 3 Solar Farm to Capital Dynamics. The project has a 27-year contract to sell power to the Los Angeles Department of Water and Power.

RBI goes more vertical with Solar BOS

The combination of these companies offerings shows that one plus one sometimes equals three.

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