The third-party solar company’s quarterly results show its 2016 deployments growing at double the rate of the U.S. residential market, as Sunrun begins offering energy storage and changes its relationship to utilities.
After losing money for the past two years, the saltwater battery storage company couldn’t raise enough new capital to meet its debt obligations, leading to the filing in the U.S. Bankruptcy Court for the District of Delaware yesterday.
ESA Renewables will construct the project, which is projected to produce 23,100 MWh annually, enough to power 2,400 single-family homes per year.
The full release of the latest U.S. Solar Market Insight report gives a number of surprises, including Utah and Georgia rising to the #2 and #3 largest state markets with over 1 GW installed each.
A preliminary finding by the U.S. Department of Commerce could lower import duties first imposed on Taiwan solar cell manufacturers in 2014 from high double-digits to single digits, while tariffs on Chinese module and cell manufacturers imposed at the same time remain in place.
Isolux Corsan is installing the first utility scale PV plant on the Navajo Reservation at Kayenta, AZ, a 38 MW-DC plant worth over $50 million.
The company has simultaneously announced its the first deployment of cells made from its Direct Wafer products in a 500 kW commercial solar array in Japan.
At the behest of the Minnesota Public Utilities Commission, Minnesota Power submitted a Value of Solar Tariff plan – and proved (yet again) that as even the best net-metering plan can undervalue what solar means to the grid and ratepayers.
The proposed decision would increase SGIP funding by $249 million over the next three years, with 85% of this to subsidize energy storage installations
The acquisition allows the Maryland commercial firm to expand its service offerings and explore the possibilities of becoming an independent power producer.
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