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SolarCity cuts co-founder salaries to $1, announces job losses

In an SEC filing, the distributed solar market leader reveals that it expects to incur restructuring charges of $3-5 million in light of unspecified number of job losses. The company’s CEO and CTO will accept reduced salaries as reduced guidance bites.

Sunlink expands installation business in New England

The company has contracted for over 20 MW of projects in Massachusetts and Vermont.

Court approves sale of SunEdison Australian, channel businesses to Flextronics

The contract manufacturer is buying SunEdison’s Australian business and a portion of its global channel business free of liens and claims.

1366 Technologies unveils 3-D wafers

The company says that its 3-D wafers lower the amount of silicon needed for each wafer without losing strength or performance.

NV Energy seeking approval for 100 MW PV plant in Nevada

The Nevada utility has requested approval from the Public Utilities Commission of Nevada for a 100 MW solar plant, while simultaneously requesting the early retirement of a coal-fired generation facility, but its previous objection to net metering lingers in the memory.

Xcel increases Colorado solar commitments in settlement, withdraws grid charge

The wide-ranging settlement of three separate cases would include a process for battery storage interconnection, the withdrawal of a charge for solar customers, and a shift to time-of-use rates.

Connecticut Green Bank sponsors online solar marketplace

EnergySage has been contracted as the exclusive provider of GoSolarCT.com, which allows homeowners to research and comparison-shop for solar PV systems.

Sierra Club highlights 100% renewable communities

The environmental group’s latest report looks at 10 communities in the United States that are moving to 100% renewable energy.

NRG Yield to issue $350 million in bonds

The yieldco says that proceeds will be used to repay current borrowings, and may use the remainder to fund “acquisitions and investments”.

SolarWorld’s finalized Q2 financials confirm growth

The German PV manufacturer recorded significant growth in the company’s sales and revenues compared to the same period last year, while also returning to a positive operating result, although it had to revise down its preliminary results.

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