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.
Arizona Public Service (APS) has requested the Arizona Corporation Commission for the first rate review in five years, with proposals that include an unprecedented mandatory demand charge and the elimination of net-metering.
This week, Maryland governor Hogan vetoed the Clean Energy Jobs – Renewable Energy Portfolio Standard (RPS) Revisions bill (SB0921/HB1106) that would have increased the renewable energy mandate to 25% by 2020, up from the existing 20% target by 2022.
GTM Research's Nicole Litvak discusses with PV Tech the reasons why the commercial market has remained fairly stagnant and unconsolidated in sharp contrast to the country's booming residential sector.
The Solar Energy Industries Association (SEIA) has appointed Tom Kimbis, general counsel and current VP of executive affairs for the company, as the new interim president.
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 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.
