SunPower reports heavy losses in Q4 results
The company took a big hit from restructuring charges, as its latest quarter of dismal financials.
sonnen to open new manufacturing and R&D hub in Atlanta
Production at the InnovationHub expected to commence in the second quarter of the year, the German storage specialist confirmed. Facility combines sonnen’s U.S. manufacturing operations and product research capabilities.
Borrego Solar claims 76% growth in 2016
The company says its leadership in New York and Massachusetts provided the biggest boost to the installer’s bottom line.
SolarEdge Q2 2017 financials show record 35% gross margin
Israeli module level power electronics firm posts highest gross margin to date despite slowdown in U.S. residential market, which remains the firm’s chief revenue stream.
Nevada bill would raise RPS to 80% by 2040
AB 206, introduced yesterday into the Nevada Legislature by Assemblyman Chris Brooks, sets an aggressive ramp up of the state’s renewable portfolio standard (RPS) to four-times its current level of 20%.
The U.S. solar market nearly doubled in 2016 to 14.6 GW
The latest figures from GTM Research and SEIA show that for the first time, solar was the largest source of new generation by capacity.
Kaua’i Island expects to obliterate its solar goal five years early
Not content to rest on its laurels, the island’s utility cooperative board set a new goal of producing 70% of its energy from renewables by 2030.
NV Energy commissions 50-MW Boulder Solar II plant
The new plant represents the 14th solar energy resource serving Nevada’s customers under the utility’s purview.
CSUN to build 400 MW PV module factory near Sacramento
The Chinese PV maker is planning a fully automated factory to serve its U.S. customers with duty-free modules.
El Paso Electric’s 2017 rate case asks to discriminate against solar customers
The case includes a request to create a special rate class for solar distributed-generation customers, including a new demand charge, to “establish a fair rate structure that reflects the cost to serve each customer class.”
