Goldman Sachs Asset Management is paying $350 million in cash for a portfolio of C&I solar at 143 sites in New England, New Jersey and Maryland.
Reuters reports that nearly 20% of its installation facilities will close, as part of the company’s 9% workforce reduction announced last week.
An analysis submitted to Maryland regulators found that distributed solar’s economic benefits – mostly labor associated revenue – was worth six times the value of the electricity to the grid.
Two renewable energy bills that would have increased the state’s RPS to either 50% by 2030 or 100% by 2035 have been voted down in a committee.
GTM Research and SEIA’s final report on the solar market in 2017 shows both the struggle of the residential solar market, as well as a larger than anticipated fall in utility-scale volumes, leading to a 30% contraction overall.
The Interstate Renewable Energy Council named its 2017 Clean Energy States Honor Roll yesterday, highlighting some its favorite solar success stories at the state level.
The developer continues its nationwide expansion, building 800 MW of solar capacity in North Carolina, South Carolina, Oregon, Texas, Maryland, Massachusetts, Minnesota, New York and Vermont alone.
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