Residential solar system financier Sunlight Financial has announced an extension of a solar loan partnership with Tech CU that will see Tech CU commit another US$400 million for about 15,000 loans originated by Sunlight’s network of solar installers.
SMA America, the US subsidiary of SMA Solar Technology, has entered into a purchase agreement with residential solar installer Sunrun to be a key supplier for residential PV solutions.
The Trump administration's 30% tariff on imports of solar cells and modules will result in modules cost increases of 9-10¢/W in year one, reducing to 3-4¢/W in year four, according to separate analyses by GTM Research and Deutsche Bank.
Module costs for US firms in 2018 will still be lower than 2017 prices, despite the impending 30% import tariffs, according to the CEO of Chinese manufacturer turned project developer ReneSola.
The Solar Energy Industries Association (SEIA) has sent a plea to president Trump asking him to preserve tens of thousands of US solar jobs by not imposing high tariffs on imported solar panels, while Trump himself has indicated that he will make a decision on the Section 201 Case soon.
Independent power producer Coronal Energy has closed US$235 million in total financing, which includes tax equity and debt for its Gulf Coast Solar Center portfolio.
