Spruce’s solar portfolio is collateral for $105.4 million in debt financing
The deal, financed by Investec and Silicon Valley Bank, will be fund more systems around the country for the residential solar financier.
Nevada regulators reinstate net metering for Sierra Pacific
In contrast to phony allegations of a cost shift, Public Utilities Commission of Nevada found that net metered-solar is saving other customers money.
Hawaiian Electric proposes first rate increase in six years
The company says the $106 million request is necessary to upgrade O’ahu’s grid to improve reliability and customer service, as well as integrate more solar.
Military will build biggest solar installation in Northeast
When the 16.5 MW system is completed, Fort Dix will become the latest military base to show its commitment to energy security through solar energy.
Kit Carson Co-op voluntarily commits to 100% solar electricity in summer
The New Mexico power producer has always wanted to serve its customers with renewable energy, but was severely limited by a previous contract. Now, thanks to a landmark FERC ruling and a new ‘angel’ wholesale-electricity supplier, the co-op can finally reach its goals.
TerraForm Global warns of danger ahead in 2015 filing
The yieldco’s overdue filing of its 2015 financial report is a step towards compliance with NASDAQ trading rules; however TerraForm Global’s losses exceeded its revenue in 2015 and the company has warned that it may not be able to continue.
1366, Hanwha achieve 19.6% multicrystalline cell efficiency
Using 1366’s groundbreaking kerfless silicon wafers and Hanwha’s proprietary PERC cell process, the cells’ remarkable performance was verified by an independent testing firm.
sPower puts 60 MW of solar PV online for Palo Alto’s municipal utility
The completion of two projects comes in the middle of a flurry of activity for the Utah-based developer.
Arizona’s changes to net metering could derail the state’s rooftop solar market
While the Arizona Corporation Commission decided to grandfather current solar customers for 20 years from the interconnection days, new customers will only receive 10 years — which will hurt both solar lessees, loan-holders and potential cash deals.
sPower provides 107 MW of power to California water department
The Solverde 1 Solar project will help California Department of Water Resources continue toward its mission of becoming more environmentally responsible.
