D.E. Shaw buys 11MW Rancho Seco solar project from First Solar, 8minutenergy wins 26MW solar farm in California, India's NTPC issues first Green Masala Bonds, NREL launches energy profiles of US cities.
Sky Capital America, the US subsidiary of Hong Kong-based Sky Solar Holdings, has acquired 22.5MW of developmental stage permits for solar projects in California and Vermont from an unnamed California-based solar developer.
The solar segment is not short of new hires and comings and goings, with solar industry stakeholders responding to the shifts in a dynamic global market. In our inaugural Movers & Shakers segment, PV Tech attempts to bring the industry back to its roots and rounds up key career moves of the last fortnight.
Solar Frontier Americas — US subsidiary of the world’s largest CIS solar energy solutions provider, Solar Frontier — announced that two utility-scale solar projects from its development pipeline have started construction.
California utility Pacific Gas & Electric Company (PG&E) plans to increase investment in renewables, storage and energy efficiency beyond its current state mandates while simultaneously phasing out its nuclear power activity in California by 2025.
San Diego Gas & Electric (SDG&E) will likely surpass its cap on the number of rooftop solar systems that can sell electricity back to the utility under the net metering scheme – and will be the first utility in the state to do so.
The largest Property Assessed Clean Energy (PACE) bond securitisation has been completed. The securitisation, HERO 2016-2, includes US$305,313,000 in Class A Notes, secured by 13,432 PACE assessments levied on residential properties in 31 counties across the state of California.
A host of solar advocacy groups across California have urged for a speedy resolution to the passing of a bill making methodology for calculating net metering caps consistent across the state's utilities.
