The German PV manufacturer recorded significant growth in the company’s sales and revenues compared to the same period last year, while also returning to a positive operating result, although it had to revise down its preliminary results.
A critical rate case in Arizona gets resolved, NRG moves to acquire SunEdison assets, SolarCity goes BIPV, downsizing at SMA and SunPower, results from SCTY, RUN & VSLR, and more…
The third-party residential solar company is still struggling with high costs in its partner network, but has surpassed Vivint Solar as the second-largest residential solar installer in 2016 so far.
Industry analysts note that the market for residential BIPV in the United States is “non-existent” at present, and SolarCity’s plans to use crystalline silicon are a new direction.
The case was closely watched as a precedent for future rate cases in Arizona.
This is the first major presence of the German laser experts in North America.
The world’s largest inverter maker says the move is “unavoidable”, and is maintaining its sales and service operations in California.
New Mexico regulators have approved a settlement under which a utility request to increase fees on its customers with rooftop solar was nullified, which also reduces fees for agricultural customers.
The microinverter leader’s change in financial management comes a week after the company reported its third consecutive quarter of losses.
The Japanese corporation reaches agreement to indirectly take a near majority ownership in the firm, which specializes in community and commercial solar installations.
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