U.S. IRS allows community solar owner to access the ITC
A recent ruling by the tax authority could clear up an area of legal uncertainty as to whether or not owners in community solar arrays can access the 30% federal tax credit.
SolarCity creates new US$400 million solar fund
With this latest endeavor, the financial wizards at SolarCity have now initiated funds to finance over $9 billion in solar PV projects.
GT to lay off 2/5 of global workforce
GT Advanced Technologies has released details of a restructuring plan which will include reducing its workforce by an estimated 40%. The company aims to return from bankruptcy in the first quarter of 2016.
Honduras: 232 MW of PV projects receive three cent bonus
Eight solar PV projects in the Central American nation have received an additional US$0.03/kWh bonus for reaching completion by an August 1 deadline. Honduras’ feed-in tariff is driving rapid solar market growth.
Construction underway on a 100 MW solar project in North Carolina
Principal Solar has partnered with Entropy Investments to build the project, which is larger than any operational solar plant east of the Rocky Mountains.
3 GW of potential solar capacity on San Francisco roofs
Solar mapping provider Mapdwell has expanded to San Francisco, estimating that the city can host up to 3 GW of rooftop PV. This is a higher capacity per square mile than other cities.
Idaho axes PURPA contract lengths in a bid to slow down solar
An enormous queue of solar projects in the state has prompted state regulator to cut contract lengths under a federal law requiring utilities to purchase power from renewable energy.
Idaho axes PURPA contract lengths in a bid to slow down solar
An enormous queue of solar projects in the state has prompted state regulators to cut contract lengths under a federal law requiring utilities to purchase power from renewable energy.
Brazil qualifies over 11 GW of solar PV projects for upcoming auction
Brazilian authorities have pre-approved 341 solar PV projects for a reserve auction which will take place on August 28. However, even for the projects which are chosen significant barriers remain.
Victories for net metering in Nevada and Colorado
Regulators in the U.S. state of Nevada have extended net metering for new solar customers until the end of 2015, despite a cap being reached. Also, Colorado has ruled that it will not modify its net metering program.
