President-elect Donald Trump has confirmed his intentions to cancel the Clean Power Plan, in a video message outlining his plans for when he takes office in January.
Sweden announces effective abolition of its solar tax, Etrion and Hitatchi High-Technologies partner on a 13.2MW project in Japan, Wynnertech supplies 20MW of inverters to a project in Iran, and Enel North America and GE Energy enter a JV.
Mosaic, the leading provider of solar loan financing for homeowners, announced the closing of a US$250 million warehouse facility with Deutsche Bank as the arranger and administrative agent. Along with recent upsizes to Mosaic's existing warehouse facility and a forward flow whole loan sale arrangement, this deal with provide Mosaic with US$550 million of new loan funding capacity.
Massachusetts has recently initiated a proposal under the Baker administration to double solar energy development in the state. In related news, NRG commissions the state's largest community solar facility.
The markets can be a frustrating place for the solar industry. Just ask Elon Musk. The negative perception of the SolarCity/Tesla merger often signals a lack of awareness of how far solar, energy storage and EVs have come.
More than 360 businesses and investors across more than 35 US states have called on President-elect Donald Trump to maintain the US’ commitment to carbon reduction and support investment in a low-carbon infrastructure.
Illinois utility groups Exelon/ComEd are attempting to pass a legislative energy bill that would implement a mandatory demand charge and could result in “the largest rate hike in US history”, according to Dave Lundy from the BEST Coalition.