Markets & Finance

The head of Vivint Smart Home is set to step in to lead Vivint Solar, following the departure of CEO Greg Butterfield from the residential installer, announced yesterday.

New Hampshire officially passed a bill on Monday that expands the state’s financial incentive for solar by raising the existing cap on net metering.

Integrated PV module manufacturer SolarWorld has reported preliminary first quarter 2016 sales of €212.6 million on product shipments of 341MW.

Australian Capital Territory (ACT) is targeting 100% renewable energy by 2020 instead of the previous goal of 90%.

Due in large part to the dramatic growth in the renewable-energy market, Duke Energy has accelerated its 2020 renewable-energy goal by 33%.

‘Solar Ready Vets’ is the US Department of Energy’s answer to the urgent demand in solar for highly-trained workers; pairing skilled military veterans with civilian job training in an industry eager to recruit. PV Tech spoke with graduate Logan Rozanski.

Solar PV and polysilicon manufacturing equipment specialist centrotherm said that its current order backlog stood at over €146 million (US$165 million) at the end of the first quarter of 2016.

A new report from GTM Research and SoliChamba Consulting sheds new light on the global PV monitoring market.

Solar Mosaic, a former crowdfunding start-up that has emerged as a major provider of residential solar financing solutions, said on Wednesday that it had secured US$200 million in funding that will support at least 5,000 rooftop PV installations.

Abengoa, which entered insolvency proceedings last November, has been granted bankruptcy protection under Chapter 15 over the objections of a group of insurance companies who claimed the Spanish renewables company’s talks to restructure billions in debt was unfair to US creditors.