Maryland has officially achieved a clean energy victory as the General Assembly voted yesterday to override governor Larry Hogan’s veto of the Clean Energy Jobs Act in a 32-13 vote.
While there is no shortage of leading indicators in the PV industry that can be used to predict future trends in manufacturing and across the various companies involved in this space, one of the most pertinent ones relates to capital expenditure (or capex).
The US Department of Energy’s (DOE) SunShot has announced a new US$30 million for solar integration projects, as the initiative is in hot water after president Trump indicated plans for its closure.
US-based PV module manufacturer Mission Solar is to cut its existing workforce by a further 58% after closing its solar cell production lines at its facilities in San Antonio, Texas in October 2016.
Massachusetts has introduced major restructuring of its solar energy incentives, with the Department of Energy Resources (DOER) extending the Renewable Energy Credit programme (SREC) further into 2017.
Electronics Manufacturing Services (EMS) provider Celestica said it was winding down solar module assembly operations at its Toronto, Ontario, Canada production plant in the first quarter of 2017.
Integrated PV manufacturer and project developer ReneSola said it planned to undertake a reverse stock split in February, 2017 to restore its compliance with the New York Stock Exchange’s (NYSE) minimum US$1.0 stock price rules.
