Soltage, Basalt close on $70 million in equity for C&I, utility solar
The two companies expect to close on another $70 million in the first half of 2017, with the total $140 million to fund 100 MW of utility and C&I solar projects.
GTM Research: Global solar demand to contract 7% next year before sustained growth
The company’s report predicts that next year’s lull in solar demand to be less steep than originally feared, with compound annual growth rate of 9% to return in 2018 through 2021.
First Solar to ramp Series 6 production in 2018, lay off 1,600 workers
The thin-film maker has announced a shift in strategy which will eliminate its Series 5, reduce 2017 output to 2.2 GW, and in the process dismiss 27% of its global workforce.
Nexamp grows community solar in Massachusetts
The developer and EPC has completed 5 MW-DC of community solar in the last week, and will have nearly 35 MW built by the end of 2016.
NARUC approves final DER rate-design manual
Under consideration for more than a year, the final suggestions by the national regulators group offers suggestions and guidance on solar rate design
BLM codifies new solar leasing rules
After five years of careful consideration, the government agency announced new rules governing the leasing of public lands for renewable energy projects
EnergySage begins offering loan products directly
While installers on the company’s online solar marketplace had previously offered loans, EnergySage will now being offering loans directly from three providers.
Bill for massive coal, nuclear bailout, residential demand charges introduced in Illinois
SB2814 would introduce demand charges for residential customers, and could drown out new renewables in the state.
GTM Research: Purchases to overtake third-party residential solar in 2017
GTM Research expects the declining market share of residential solar leasing and power purchase agreements to continue in coming years, with loans and direct purchases overtaking third-party solar as the dominant market in 2017.
sPower closes on $434 million in financing for California solar projects
The text equity and debt will support 183 MW-DC of solar in Kern County
