Floridians may have voted in Amendment 4, a tax benefit that exempts renewable energy equipment on commercial buildings, but solar in Florida has much bigger problems to worry about.
Wheatland Tube, a division of Zekelman Industries, announced that it has filed an allegation of duty evasion with the US Customs and Border Protection agency on Wednesday.
Solar panel manufacturers that fail to keep up with emerging technology trends will be under tremendous pressure in 2017, according to host of their peers at SPI 2016.
US-based solar PV installer Sunworks said it had selected SolarEdge Technologies has its preferred inverter supplier on the back of expected residential market growth in the fourth quarter of 2016 onwards.
Despite US solar rapidly transitioning from an alternative energy source into a leading energy solution in recent years, barriers in regulation, communication and technology still prevent the industry from taking off into the mainstream arena, according to a panel of experts at Solar Power International (SPI) 2016.
Independent power producer Etrion Corporation said it was evaluating the possible sale of its 60MW PV power plant portfolio in Italy to raise funds to expand project development in Japan.
A major €110 million (US$123 million) tool order for Singulus Technologies CIGS thin-film production equipment with China National Building Materials (CNBM), owner of module manufacturer AVANCIS, could finally proceed, as the equipment supplier expects an unspecified ‘pre-payment’ was due in the next few day(s).
Growing 43% year over year in 2016, the US solar industry is taking off at a pace no one could have foreseen. Naysayers may cite the industry’s slow start, hampered by high upfront costs and initial niche appeal as reasons why solar still will not experience a consumer boom. But panellists at the opening session of the 13th annual Solar Power International convention made it clear just how solar energy could exceed expectations and is poised for not only growth, but mainstream acceptance.
Leading US residential solar PV installer SolarCity said it had raised US$305 million in its second cash equity transaction, this time through a private investment fund affiliated with Quantum Strategic Partners Ltd.
Over the past 12 months, the US solar business has been on a rollercoaster ride, with the high-profile bankruptcy of SunEdison and the merger of SolarCity and Tesla stealing the headlines. Danielle Ola talks to the experts about some of the key trends shaping the world of solar finance
and investment in the US.
