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Conglomerate forced to take tax benefit hit after investing in bankrupt Californian solar firm, raided by the FBI in December over Ponzi-style fraud allegations.

C2 Energy Capital has signed off on 46 Power Purchase Agreements (PPAs) and leases with Walmart that will see the company provide renewable energy to the retailer in five US states.

Leading US residential PV installer, Sunrun reported deployments of 86MW in the first quarter of 2019, a 27% year-over-year increase that was in stark contrast with former leading installer, Tesla that recently reported deployments of 47MW for the same quarter.

Japanese conglomerate invests in GridMarket, a company focused on distributed generation projects using battery storage, solar PV, fuel cells, and combined heat and power.

Leading CdTe thin-film manufacturer and ‘Solar Module Super League’ (SMSL) member, First Solar reported significantly lower than expected first quarter sales, due primarily to challenges in its EPC PV project business in the US and Japan that impacted sales by US$159 million.

PV microinverter specialist, Enphase Energy reported a second consecutive quarter of a meaningful recovery in its shipments and revenue, due to the return of customers as its financial health continues to improve.

sPower, in a partnership with MCE, has completed a 130MW PV project in Lancaster, California, that has now reached commercial operations.

‘Solar Module Super League’ (SMSL) member, GCL System Integration Technology (GCL-SI) doubled overseas PV module shipments in 2018, while seeking a target of shipments outside of China of 80% in 2019, according to its recently published 2018, annual financial report.

Santee Cooper and North Carolina Renewable Energy (NCRE) have signed off on a power purchase agreement (PPA) that will add 75MW of renewable energy to Santee Cooper’s generation mix, according to the Cherokee Tribune & Ledger-News.

Tesla’s energy generation and storage business revenue declined further in the first quarter of 2019, with solar rooftop deployments hitting a new low of 47MW, a 36% quarter-on-quarter decline. In response, Tesla will be offering new customers in the US a US$99 upfront deposit before installing a solar system.