Elon Musk buys more SolarCity stock following hedge fund manager short
SolarCity stock has seen a series of ups and downs in recent days, falling to its lowest level since October 2013 over the weekend. However, the stock showed a modest recovery following Musk’s move.
Market troubles hit solar stocks
Shares of publicly traded solar companies were already suffering from a faulty association with the price of oil, but the recent fall in global markets has furthered declines.
Obama announces new support for clean energy
U.S. President Obama has announced a number of actions to support solar and other forms of clean energy including new funding for loan guarantees, federal support for PACE and more solar on military homes.
California hits a new utility-scale solar peak output of 6.39 GW-AC
The leading U.S. state for solar has been blowing through records for peak solar output this month, as the state prepares for a new goal to get 50% of its power from renewable energy.
US: TEP to wait for 2016 rate case before attempting to modify net metering
The Arizona Corporation Commission has approved Tucson Electric Power’s motion to wait until its 2016 rate case to attempt to change the terms of net metering for solar customers. This comes two days after ACC approved a motion by APS to modify net metering outside a rate case.
France doubles large-scale PV solicitation to 800 MW
French authorities cite a large volume of bids and very low prices for the doubling of available capacity. This follows a doubling of capacity for a solicitation for mid-sized PV in July.
El Salvador to hold 150 MW renewable energy auction
This will be the nation’s second auction for renewables in only a few years. When the projects approved are built, solar is expected to play a much larger role in the nation’s energy mix.
Federal regulators clear SunEdison to acquire Vivint Solar
SunEdison has the approval of the U.S. government to proceed with its planned acquisition of Vivint Solar, which will give the company a major presence in the U.S. residential solar space.
Enel puts 136 MW of solar PV on line in Chile
Enel has completed two solar PV projects in Northern Chile, as well as the final phase of a third. These three are part of an uptick in operational PV capacity reported by Chilean authorities.
Shared renewables programs move towards reality in California
Under the rules set by California regulators the state’s three large private utilities will put online 600 MW, with PG&E and SCE to take around 270 MW each.
