SMA warns of lower annual sales in light of component shortage
Third quarter financial update sees strong growth in Asia but weak U.S. large-scale project demand drags on overall sales. Order backlog increases 25% to $407 million.
Big Apple to get big multi-family solar
The largest private rental development in Manhattan will get the largest collection of rooftop solar on a multi-family development in the United States.
Sunrun within striking distance of Tesla’s solar market share
Sunrun installed only 17% less solar than Tesla/SolarCity during Q3, as the only of the big three residential solar companies that is still growing
Vivint Solar installations flat during Q3 (w/ charts)
In line with the sluggishness of the residential solar sector Vivint’s volume deployed remains substantially lower than a year ago, as its business model shifts.
Solar Saves Lives: The solar industry launches major hurricane relief effort
The Solar Foundation and 20 solar companies and organizations have joined forces with the Clinton Foundation, Operation Blessing and others to help bring power and clean water to Puerto Rico and the Virgin Islands.
Enphase narrows Q3 loss, records revenue increase
The microinverter specialist posted losses of $7 million in the third quarter but did manage to increase its revenue sequentially by 3% to $77 million.
ESA charts a path to 35 GW of energy storage
The Energy Storage Association has issued a white paper calling for 35 gigawatts of installations by 2025 to upgrade an increasingly antiquated power grid to be outage proof and efficiently handle new power systems and demand products entering the marketplace.
Proposed coal and nuclear bailout roundly condemned in FERC comments
In the second round of comments an incredibly diverse group of actors are stating that DOE’s attempts to subsidize “fuel secure” generation is simply a bad idea. And possibly illegal, too.
NRG Yield shows modest progress in Q3
The yieldco has closed on a drop-down of 38 MW of solar from NRG, and formed an investment partnership in $50 million of community solar projects.
NREL hits new efficiency record for quantum dot cell
Scientists at the U.S. Department of Energy’s National Renewable Energy Laboratory (NREL) have created a solar cell using colloidal quantum dots, which achieved 13.4% conversion efficiency – a new world record for this emerging technology.
