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.
The economic benefits of adding energy storage to solar in California at affordable multi-family dwellings could far outweigh the costs, even doubling savings on energy bills, a new report claims.
One of the three towers the 392MW Ivanpah concentrated solar power (CSP) plant is out of action after suffering damage due to a small fire on Thursday morning.
SunPower announced Tuesday that construction has begun on the 11.4MW of solar power systems for public facilities operated by the County of Santa Clara in California.
Last Wednesday, the US Senate passed a long-awaited energy bill as a bipartisan measure to modernise the nation’s oil, gas and electricity systems and align them with more climate-friendly solutions.
SolarCity announced yesterday that Jon Wellinghoff, former chairman of the Federal Energy Regulatory Commission (FERC), is joining the company as chief policy officer.
French renewable energy firm EDF Renewable Energy has signed a 15-year Power Purchase Agreement (PPA) with Southern California Edison (SCE) for 111.2MW AC PV power plant.
US power engineering firm Bechtel’s major Soda Mountain solar project has been approved by the US Department of Interior (DOI), but only after a 71MW capacity reduction, following an extensive three-year environmental analysis of the project area.
