SolarWorld to shut down multi production, shed 400 staff by 2019
The German-headquartered solar power company posts year-on-year revenue and shipment increases of 5% and 19%, vows to strengthen competitiveness in 2017 with focus on monocrystalline high-efficiency products. Jobs will be lost along the way, however.
Amtech quarterly results show growth in orders and revenues
The equipment maker’s results for Q1 fiscal 2017 show a dip in revenue but growth in orders for solar equipment compared to the previous quarter.
ABB to provide microgrid solution to Alaska community
The Swiss technology company will provide a microgrid combining battery and flywheel storage technologies to improve energy stability for around 300,000 people near Anchorage, Alaska.
Mosaic secures investor support for residential loan portfolio
In four years, the company has originated more than $1 billion in solar loans, reaching the goal it set when it was founded in 2012.
South Carolina conservatives jump on solar bandwagon
The Palmetto Conservative Solar Coalition, headed by a former congressman, cheered the National Solar Job Census’ finding that South Carolina had added 1,000 jobs last year and called for the legislature to support the solar industry with free-market approaches.
VC funding for green energy reached record high in 2016, finds BNEF
Data from Bloomberg New Energy Finance reveals total of $834 million steered towards the global clean energy industry last year, marking the third consecutive annual increase.
TEP tacks on a special solar fee in new rate plan
Tucson Electric Power is the first Arizona utility to finalize a rate plan since the Arizona Corporation Commission all but ended net-metering in the state for new customers – and they are taking advantage of it.
Ice Energy to deliver residential storage solution to Southern California utility
Storage provider Ice Energy has signed a contract with the Southern California Public Power Authority (SCPPA) to provide its innovative Ice Bear 20 ice battery system for use in up to 100 residential locations.
Missouri tries, tries again with PPA bill
For the third straight year, legislators in the Show Me state are trying to pass a bill to allow power-purchase agreements there – and they believe they may have the support to make the third time the charm.
UPS delivers $18 million for solar expansion
The package-delivery company will expand its solar-power capacity five-fold as it builds on 13 years of experience with the industry.
