SMA to close Denver factory, lay off 280
The world’s largest inverter maker says the move is “unavoidable”, and is maintaining its sales and service operations in California.
Additional solar charges beaten back in New Mexico
New Mexico regulators have approved a settlement under which a utility request to increase fees on its customers with rooftop solar was nullified, which also reduces fees for agricultural customers.
Enphase switches CFOs
The microinverter leader’s change in financial management comes a week after the company reported its third consecutive quarter of losses.
Mitsubishi to invest in US solar firm Nexamp
The Japanese corporation reaches agreement to indirectly take a near majority ownership in the firm, which specializes in community and commercial solar installations.
SunPower to shed 1,200 jobs as it cuts revenue forecast and expects 2016 loss
Extension of the ITC has stripped urgency from U.S. market, company CEO says, prompting a rethink on solar power plant timeline. SunPower will close Philippines fab as part of re-positioning of supply.
AEE: Changes in state policies could unlock corporate renewable energy use
A report by Meister Consultants lays out the pathways to increase corporate use of renewable energy, and the states where these policies have the most potential.
SolarCity shows uneven results in Q2 2016
The leading distributed solar provider is bringing down costs and growing bookings after a difficult Q1, but its losses remain wide.
NRG applies to acquire 2.1 GW of SunEdison solar and wind projects
The carving up of SunEdison’s holdings has formally begun.
NRG Yield reports healthy Q2 results
The yieldco of energy company NRG has also announced that it will acquire its parent company’s remaining stake in the 250 MW California Valley Solar Ranch (CVSR) plant.
Rocky Mountain Institute to arrange 16 MW of community solar in New York
The sustainability non-profit is working with a local organization, and has issued an RFP for developers and financiers to build 16 MW of community solar in Rochester.
