sunrun

Optimum Trackers chosen for 30MW in Senegal, Sunrun closes US$33 Million loan, GE partners Looop for 1.5kV inverters in Japan.

The net benefits of rooftop solar PV and distributed energy resources (DER) have been tallied by US residential installer and utility and grid service operator newcomer SolarCity and the Natural Resources Defence Council (NRDC) in a new report that claims such resources produce US$7-14 million in benefits annually for Nevadans.

The Alliance for Solar Choice (TASC) filed a lawsuit against the Nevada Public Utilities Commission (PUC) on Friday in an effort to overturn the group’s decision to amend net metering rates and boost charges for consumers within the state, the Las Vegas Sun reports.

This year looks likely to set a record for distributed solar securitisation deals as a growing number of developers look to tap the asset-backed securities market.

Nevada’s governor Brian Sandoval cannot intervene in the state’s solar row, according to local press reports.

US residential installer Sunrun said it would exit the PV market in Nevada with the loss of hundreds of jobs due to the recent negative changes by the Public Utilities Commission (PUC) in Nevada to net metering and charges on people operating solar systems.

Renewable energy firm SolarCity was responsible for 34% of residential solar PV installations in the first three quarters of 2015, according to GTM Research’s ‘US PV Leaderboard: Q4 2015’.

The Nevada Public Utilities Commission (PUC) has approved a plan that will restrict net metering credits and boost charges against solar users.

Leading module supply firm Hanwha Q CELLS is to almost triple its supply agreement with Sunrun, becoming one of the developer’s main suppliers in 2016.