The deal gives SunPower $25 million in cash and 7.5 million shares in Enphase. Enphase also gains access to SunPower microinverter IP, and rights to SunPower’s Equinox AC modules line.
The company has declined to reveal further information about the facility.
Virginia regulators have approved construction of the four part solar power plant, whose output is partially being sold to Microsoft. The 500 MW-AC facility is being developed by sPower.
DNV GL reveals how important it is that solar power project developers consider the full solar module bill of materials when choosing a product.
The quarter’s 91 MW is the highest volume deployed to date and confirms its place as the nation’s largest residential solar company, as new IRS rules provide benefits beyond 2020.
In this post Rob Peters of Intelligize analyzes the possible securities law ramifications of Elon Musk’s Twitter announcement that he may take Tesla private.
The organization’s short-term energy outlook forecasts that 10.27 GW-AC of solar will be installed in 2019, a 7% growth from 2018 – but for 60% of this solar to come online in December.
CAISO’s most recent interconnection queue contains one lone gas plant. While this list can change, it reinforces the trend of a move away from conventional generation towards renewables.
The country’s largest privately held renewable developer looks to expand its influence in the Tar Heel State.
The Illinois Power Agency has added more administrative components to its website, while job training continues and hiring picks up.
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