BREAKING: SolarCity brand to disappear
Along with changing its name from Tesla Motors to Tesla Inc. the electric vehicle and battery maker will eliminate the SolarCity brand.
AES claims world’s largest battery storage system
The 30 MW lithium ion battery system is the third massive system to go online in Southern California this week, totaling 77.5 MW of capacity.
Tesla inaugurates 20 MW / 80 MWh battery system in Southern California
The system is one of three that SCE has contracted to meet peak demand needs following its Aliso Canyon leak, as a new test for the abilities of energy storage.
Enphase job losses to largely impact Californian HQ
Around 75 jobs will be lost during the microinverter specialist’s restructuring drive, which reflects increased price pressure across the segment, both globally and in the U.S.
Enphase to shed 18% of workforce in latest restructuring drive
SEC filing outlines proposed changes, described by company CEO Paul Nahi as “necessary to create path to sustained profitability”. Restructuring will cost estimated $2 million and follows announcement last year of staff losses.
NextEra builds 2.5 GW of wind and solar in 2016
The Florida power company’s results call indicate very rapid activity over the last year, and NextEra expects a similar rate for future development, along with dividend growth.
Flex survives a $500 million loss in business after SunEdison flamed out
Through no fault of its own, the energy-storage manufacturer revealed on its most recent earnings call that the continuing SunEdison fiasco cost it $500 million in revenue in 2016 – but it lived to tell the tale.
The pv magazine weekly digest
It’s ‘business as usual’ in the solar industry as the novelty of 2017 starts to wear off, and how better to get back into the swing of things with more, uncertain, developments in the possible extension of EU trade duties against Chinese cell and module manufacturers, leaving us with as many questions as answers.
MUFG serves as top clean energy deal-maker in 2016
The Japanese financial institution increased investments in clean energy and energy-smart technologies during an overall sector downturn in investment.
NV Energy to supply Apple with 200 MW of solar
The technology giant has signed a deal with NV Energy for the output of a 200 MW solar plant, which is awaiting approval by state regulators.
