Sunlight Financial raises $225M for residential solar loans
The residential solar finance provider sees the capital covering approximately 9,000 solar loans at $25,000 each.
Illinois includes small utilities in final state renewable energy plan
The state’s Commerce Commission has approved the Illinois Power Agency’s Long-Term Renewable Resources Procurement Plan, reversing earlier exclusion of small utility participation. The plan promises to build a gigawatt-scale solar market in Illinois.
New York projects 100%+ solar market growth over 2017
State officials reveal that New York State has 693 MW of community solar on the way – and a total pipeline of almost 1 GW. The state further projects 500 MW of that might be installed in 2018.
Sunnova raises $100 million in equity
The Texas-based residential solar company has partnered with a group that focuses on long duration investments. Sunnova has raised more than $2.5 billion since 2012.
Credit Suisse to launch €500 million green bond issue to back U.S. solar projects
The Swiss bank will utilize the proceeds to refinance construction and operation of U.S. solar projects, and this could be the first of several issuances.
RGS Energy seeks $10M to commercialize Powerhouse solar shingles
RGS Energy, which bought global rights to Dow’s Powerhouse 3.0 solar shingles, has seen its timelines slip for UL certification of the product.
Batteries, inverters, solar cells safe from Section 301 tariffs
The list of Chinese products that the Trump Administration is considering for duties under Section 301 spares inverters, solar cells and modules, as well as the lithium-ion batteries used in EVs and battery storage to accompany PV.
Does an aggressive Renewable Portfolio Standard increase utility rates?
In this op-ed ASU energy security researcher Dr. Wesley Herche demonstrates that for all the talk of renewable energy raising customer rates, there is no correlation between utility rates and ambitious state-level renewable energy mandates.
Oklahoma grows installed solar 31% with 10 MW project
Oklahoma Gas & Electric Co has brought its second solar plant online and sold out the 10 MW-AC community project. The utility is now pondering future growth.
Solar MIA in DTE renewable energy plan
The Michigan utility plans only 13 MW-AC of solar over the next four years to meet state renewable energy mandate requirements, including zero MW of community solar.
