BREAKING: HelioPower files for Chapter 11 bankruptcy
The case, filed in U.S. Bankruptcy Court for the District of Nevada, shows the California installer has liabilities of up to $10 million, owed to up to 5,000 creditors.
“Red state” utilities populate the top 10 lists for solar
SEPA’s annual utility list shows utilities in North Carolina, Iowa and Utah among the top 3 in its lists for solar installed on an absolute and per-customer basis. The organization also published new lists of the top utilities for storage deployment.
Out of Sungevity’s ashes, Solar Spectrum will rise using its assets and employees
The wind down of the former fifth-largest residential solar installer continues as its new owner purchases some of its contracts and promises to hire “a substantial majority” of the bankrupt company’s employees.
Wacker says market environment for polysilicon is difficult
The German chemical company has said in its preliminary results for the first quarter of this year that polysilicon prices dropped significantly over the past weeks. Overall, the company expects to see its profits grow in 2017.
More evidence of California home solar decline under net metering 2.0 (with a chart)
Data released by OhmHome shows solar permits falling sharply, not only in San Diego but also in San Jose – an indicaction that Net Metering 2.0 has had a similarly negative effect in utility PG&E’s service area to what it did in SDG&E’s.
Batteries, solar and the grid: An interview with Jenny Chase of BNEF
In this interview from the Bloomberg New Energy Finance (BNEF) Future of Energy Summit in New York City, pv magazine talked with BNEF’s Head of Solar Analysis Jenny Chase about the issues that she sees on the horizon for solar, including the integration of increasingly high levels of renewable energy on the grid.
Nevada Senate passes daily double of pro-solar bills unanimously
With the passage of SB 65 and SB 204, the Silver State is set to revive a solar industry that has been in flux for the past two years.
Trump tax cuts could hit solar project finance
A proposed cut in the corporate tax rate to 15% could sharply reduce the flow of tax equity into solar projects.
Potential disaster: Jigar Shah on Suniva’s Section 201 petition
Yesterday Suniva filed for “relief” under a little-known legal provision that would allow the president to take action normally not permitted to protect a domestic industry from imports. pv magazine sought Jigar Shah’s perspective on this case and possible outcomes, and it frankly doesn’t look good.
PG&E wants proposals to build 150 MW of renewable projects
The move is part of the utility’s expansion of its Regional Renewable Choice program, which allows its customers to pay the developer directly and receive a credit on their electricity bill each month.
