Massachusetts sets September date for reduced compensation under net metering
The bad news: larger PV systems will have their compensation cut in November. The good news: Massachusetts has reached its 1.6 GW goal for installed PV four years early.
Vivint Solar refinances tax equity funds with $313 million loan facility
The company describes the loan as an alternative to bond securitization for its residential solar projects.
BREAKING: Nevada Supreme Court rejects solar referendum
The Supreme Court has ruled that the measure’s description to voters was misleading, effectively upholding a lower court ruling which said that the referendum was unconstitutional.
SunEdison tries to back out of paying interest on TerraForm notes
The renewable energy developer cites its bankruptcy but TerraForm plans to contest the change, and in the interim will pay the interest.
Tesla: Gigafactory is “on schedule” to support 2017 Model 3 roll-out
Elon Musk gave scarce information on developments at the world’s largest battery factory in Tesla’s Q2 results.
D. E. Shaw acquires an 11 MW PV project near Sacramento
The Rancho Seco Solar Project, located on the site of a decommissioned nuclear power plant, marks the latest deal between D. E. Shaw Renewable Investments and First Solar.
First Solar reports strong Q2 results
While barely remaining in the black due to restructuring charges, First Solar ran at 100% capacity utilization and increased revenues during Q2.
CleanCapital opens C&I solar portfolio to private investors
John Hancock has invested $21 million in debt to lead financing of the portfolio.
A lot of skepticism: Mercom Capital’s Raj Prabhu on the pending Tesla/SolarCity merger
On Sunday, the boards of Tesla Motors and SolarCity agreed to the terms of Tesla’s acquisition of the solar company. And while this deal is still awaiting votes by shareholders of both companies to go forward, there are indications that this may come soon. pv magazine USA spoke with Mercom Capital CEO Raj Prabhu about the evolution of this deal, and what to expect.
Enphase reports third quarter of losses in Q2 2016
The microinverter maker has pursued price reduction to gain market share, but has not turned a profit since Q3 2015.
