Tesla: Gigafactory is “on schedule” to support 2017 Model 3 roll-out
Elon Musk gave scarce information on developments at the world’s largest battery factory in Tesla’s Q2 results.
D. E. Shaw acquires an 11 MW PV project near Sacramento
The Rancho Seco Solar Project, located on the site of a decommissioned nuclear power plant, marks the latest deal between D. E. Shaw Renewable Investments and First Solar.
First Solar reports strong Q2 results
While barely remaining in the black due to restructuring charges, First Solar ran at 100% capacity utilization and increased revenues during Q2.
Renewables comprised 15% of Mexico’s electricity generation in 2015
Last year 56 MW of solar PV was installed, which brings the nation’s cumulative capacity to 170 MW.
H2 2016 solar slowdown will preface 10% global contraction in 2017, says GTM Research
Analysts expect installations in China, U.K. and Japan to slow over the second half of the year, but U.S. project spillover and India’s large pipeline will hold course despite global slowdown forecast for 2017.
CleanCapital opens C&I solar portfolio to private investors
John Hancock has invested $21 million in debt to lead financing of the portfolio.
A lot of skepticism: Mercom Capital’s Raj Prabhu on the pending Tesla/SolarCity merger
On Sunday, the boards of Tesla Motors and SolarCity agreed to the terms of Tesla’s acquisition of the solar company. And while this deal is still awaiting votes by shareholders of both companies to go forward, there are indications that this may come soon. pv magazine USA spoke with Mercom Capital CEO Raj Prabhu about the evolution of this deal, and what to expect.
Enphase reports third quarter of losses in Q2 2016
The microinverter maker has pursued price reduction to gain market share, but has not turned a profit since Q3 2015.
Massachusetts passes bill to set energy storage targets
If the omnibus energy bill is signed by Governor Baker, Massachusetts will become the third state to mandate that utilities procure energy storage.
Sunrun raises another $45 million for its working capital facility
The residential solar provider has raised the volume of the facility to $250 million.
