While the residential solar company has greatly improved its access to capital, its volume installed fell 21% year-over-year.
Staff reductions at both the developer/installer and the finance provider are more evidence of turbulent solar markets in the United States.
Today the final checks to Sungevity workers laid off without notice last week bounced, as the latest problem for the company and its former employees.
Solar industry commentary is echoing state data, which shows that the implementation of net metering 2.0 and time-of-use rates are having a significant negative effect on California’s distributed solar market.
Solaria has announced it second regional solar distributor, Fortune Energy, a wholesale supplier of renewable energy products based in Sacramento, with additional offices in Southern California, Massachusetts and Hawaii.
California Public Utilities Commission (CPUC) President Michael Picker will travel to Washington D.C. tomorrow to recruit Climate Change, renewable energy and environmental scientists as the Federal government’s environmental priorities shift.
Four days after laying off an estimated 400 employees, Sungevity has filed for Chapter 11 bankruptcy.
The company’s ENERGi systems will be used to enable more than 1 GW expansion of high-efficiency n-type mono cell capacity for an un-named customer in China, a big boost for the technology.
The third-party solar company’s quarterly results show its 2016 deployments growing at double the rate of the U.S. residential market, as Sunrun begins offering energy storage and changes its relationship to utilities.
The proposed decision would increase SGIP funding by $249 million over the next three years, with 85% of this to subsidize energy storage installations
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