The Nevada Public Utilities Commission’s (PUC) recent decision to grandfather 32,000 customers into pre-existing favourable rates structure has created a significant business opportunity for local installer Sunworks, and according to the company, is the next step to restoring the residential sector.
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.
Solar ranks lowest in terms of projected Capital Expenditure (CAPEX) for electricity generating technologies in 2030, according to the National Renewable Energy Laboratory’s 2016 Annual Technology Baseline (ATB).
Wave Solar, an innovative marketing software firm that delivers low-cost customer acquisition for installers, has partnered with solar loan provider Mosaic in a bid to increase competitiveness and profitability for installers.
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.
A panel of finance experts speaking at InterSolar Europe have given news of the Tesla-SolarCity deal mixed reviews ranging from "silly" to "brilliant".
Residential PV services provider OneRoof Energy, a subsidiary of OneRoof Energy Group, has signed a US$50 million construction loan facility with Black Coral Capital, a current investor in the company. In addition, Black Coral has funded US$9.05 million of working capital in secured non-convertible notes to support solar 2.0 national growth strategy.
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.
