BREAKING: SEIA expected to name Abigail Hopper as new CEO
The reported choice to lead SEIA served as the head of the Maryland Energy Association and was an energy advisor to Maryland Gov. Martin O’Malley, during whose administration Maryland developed a progressive solar policy.
Panasonic, Tesla, confirm solar cell and module production partnership in New York
Joint statement issued by the solar division of the Japanese electronics giant and Elon Musk’s Tesla says that production of PV modules will begin in summer of 2017.
Spruce’s solar portfolio is collateral for $105.4 million in debt financing
The deal, financed by Investec and Silicon Valley Bank, will be fund more systems around the country for the residential solar financier.
TerraForm Global warns of danger ahead in 2015 filing
The yieldco’s overdue filing of its 2015 financial report is a step towards compliance with NASDAQ trading rules; however TerraForm Global’s losses exceeded its revenue in 2015 and the company has warned that it may not be able to continue.
Arizona’s changes to net metering could curtail the state’s solar market
While the Arizona Corporation Commission decided to grandfather current solar customers for 20 years from the interconnection days, new customers will only receive 10 years — which will hurt both solar lessees, loan-holders and potential cash deals.
8minutenergy & D.E. Shaw put 155 MW-AC solar project online at under $59/MWh
This is one of the lower PPAs reported for solar projects in service in the United States; however PPAs are now being signed for much lower prices.
TerraForm Power expects to break even in 2017
In a conference call the yieldco says that sale of 376 MW of solar projects in the UK is at an advanced stage, and gave additional information on financial metrics.
EDF’s 77.5 MW Vulcan Solar project in Canada receives approval
EDF EN Canada announced that it has received approval from the Alberta Utilities Commission (AUC) to construct a 77.5 MW solar PV plant in Vulcan County, Canada, which will become the largest solar plant in Western Canada, and will make up part of a hybrid renewable energy project.
Canada’s Alberta government aims for 50% solar power
Government of Alberta posts request for information to explore the possibility of using solar energy to meet half of its energy needs, replacing existing green energy contracts that are set to expire.
Deutsche Bank: U.S. utility-scale solar costs to fall below $1 per watt
The bank says that lower-than-expected U.S. demand coupled with significant new module supply is leading to greatly reduced costs and prices in the U.S. market.
