California regulators move to double SGIP funding
The proposed decision would increase SGIP funding by $249 million over the next three years, with 85% of this to subsidize energy storage installations
Gaz Métro acquires Standard Solar to enter U.S. commercial market
The acquisition allows the Maryland commercial firm to expand its service offerings and explore the possibilities of becoming an independent power producer.
BREAKING: Brookfield takes over TerraForm Power, Global
Brookfield has agreed to acquire a 51% stake in yieldco TerraForm Power and plans to become the company’s sponsor, as well as acquiring TerraForm Global outright.
U.S. energy storage MWhs double in 2016
A rush of projects to make up for grid resources lost with the Aliso Canyon gas leak boosted energy storage deployments to a record level in Q4.
Residential solar ownership now outpaces leasing (with charts)
According to new data by GTM Research, the ratio of solar leases and PPAs to full ownership flipped in the fourth quarter of 2016, when fewer than half of all new residential solar systems were operating under third-party arrangements – down from its 2014 peak of 72%.
Coalition for Community Solar Access adds members
The Coalition for Community Solar Access (CCSA) has now added nine new members: Borrego Solar, Distributed Sun, EWT, AES Distributed Energy, Westwood Professional Services, Relay Power, Lever Energy Finance, Solstice and GRID Alternatives. Solstice and GRID Alternatives are also CCSA’s first non-profit members.
Materion acquires Heraeus target materials business
German technology group Heraeus and U.S. company Materion Advanced Materials have announced the completion of the latter’s acquisition of the target materials business belonging to Heraeus.
GRID Alternatives adds Sunrun as another option for third-party ownership
The California Public Utilities Commission approved Grid Alternatives’ proposal to allow Sunrun to own and operate projects for the Single Family Affordable Solar Homes (SASH) Program.
TerraForm raises another $86 million for Ontario solar projects
The troubled yieldco has managed to raise additional capital for four solar projects in Canada, as the industry waits on word of its settlement with SunEdison and potential sale to Brookfield.
Tesla to finally close the door on Silevo
It’s been a long time coming, but Tesla’s annual report confirms that the SolarCity-Silevo romance has come to an end.
