residential solar

Firm forecasts fiscal year 2020 GAAP net losses of US$145-195m despite its return to profitability in a year of record roll-out but also ‘disappointing’ execution challenges.

Export tariffs under the UK’s Smart Export Guarantee (SEG) are ready to go, suppliers have confirmed as the implementation date draws near.

The US installer will use the funding to refinance a working capital facility and purchase equipment that will qualify its projects for the full ITC rate before it depreciates to 26% on 1 January.

Top US residential player posts Q3 2019 deployment volumes of 107MW and eyes 115-118MW in Q4 2019 despite warning that ‘tight labor market’ could hamper customer growth and order delivery.

The Utah-headquartered firm posts Q3 2019 installs of 65MW and hits cumulative 1.228GW as operational losses jump US$7.9m to US$13.8m year on year.

Sungrow locked in a 100MW residential inverter distribution deal at last week’s All-Energy Australia, the company revealed, bolstering its position in the lucrative market.

State-backed rooftop solar rebates of up to AU$2,225 will be released fortnightly after prior monthly cycles drew industry protests over 'boom-bust' dynamic.

The deal will allow Vivint to refinance an aggregation credit facility that was set to mature in 2020, while reducing the cost of debt by 87.5 basis points.

Energy and mobility group will invest €36m to back new small-scale solar push after selling 45.5MW portfolio to Aberdeen Standard earlier in July.

Without the ITC solar will generate 12% of US electricity in 2030 instead of 16%, according to the SEIA.