Verengo Solar files for bankruptcy, will sell solar assets to Crius Energy
Using Section 363 of Chapter 11 bankruptcy laws, the troubled California solar installer hopes to regain its position as a major installer in California as well as expand nationally
Ups and Downs: The pv magazine USA news digest
This week saw bad news and good news in the U.S. Solar market, with layoffs at Enphase and a congressional investigation, but also some positive market momentum in Minnesota and several large projects announced in Western states.
First Solar, Tenaska put online 150 MW solar project in Southern California
The project puts utility SDG&E farther ahead of state renewable energy mandates.
8point3 Energy Partners delivers strong & steady Q3 results
Sunpower and First Solar’s joint yieldco beat guidance this quarter, while announcing a significant acquisition and $250 million in additional credit.
Powin Energy developing a 2 MW energy storage unit in California
U.S. manufacturer and developer of energy storage systems Powin Energy has been selected to complete a 2 MW/8 MWh energy storage system that should be operational in Irvine, California, by the end of the year to help alleviate power loss concerns.
2.05 GW of solar PV installed in the United States during Q2
GTM Research expects 13.9 GW to be installed over the full year, the result of an ongoing utility-scale boom.
NextEra Energy Partners to acquire a 24% stake in 550 MW Desert Sunlight solar project
This acquisition will double the yieldco’s solar holdings, as part of a previously announced expansion of solar and wind assets.
Solar is displacing gas in California’s summer electricity mix
Increased renewable energy output, including solar, cut in-state thermal generation 20% during the summer of 2016.
PG&E to open bidding process for 75 MW of shared renewables
The utility is seeking 75 MW of solar and other renewable energy projects from 500 kW to 20 MW in capacity under a new shared renewable energy program.
Tesla wins anti-trust approval to buy SolarCity
The ruling clears a legal roadblock for the acquisition, which still must be approved by shareholders of both companies.
