NRG move to acquire SunEdison assets moves forward, expands to DG
A bankruptcy court has approved the expedited auction of SunEdison projects with NRG as the “stalking horse” bidder, and NRG has separately announced the purchase of 26 C&I solar projects.
SolarCity cuts co-founder salaries to $1, announces job losses
In an SEC filing, the distributed solar market leader reveals that it expects to incur restructuring charges of $3-5 million in light of unspecified number of job losses. The company’s CEO and CTO will accept reduced salaries as reduced guidance bites.
Xcel increases Colorado solar commitments in settlement, withdraws grid charge
The wide-ranging settlement of three separate cases would include a process for battery storage interconnection, the withdrawal of a charge for solar customers, and a shift to time-of-use rates.
BREAKING: Arizona regulators preserve net metering in UNS case
The case was closely watched as a precedent for future rate cases in Arizona.
Additional solar charges beaten back in New Mexico
New Mexico regulators have approved a settlement under which a utility request to increase fees on its customers with rooftop solar was nullified, which also reduces fees for agricultural customers.
Mitsubishi to invest in US solar firm Nexamp
The Japanese corporation reaches agreement to indirectly take a near majority ownership in the firm, which specializes in community and commercial solar installations.
AEE: Changes in state policies could unlock corporate renewable energy use
A report by Meister Consultants lays out the pathways to increase corporate use of renewable energy, and the states where these policies have the most potential.
SolarCity shows uneven results in Q2 2016
The leading distributed solar provider is bringing down costs and growing bookings after a difficult Q1, but its losses remain wide.
Draker and Inaccess deepen strategic alliance
The deal announced today includes an expansion of cooperation, an equity investment by Draker’s parent company in Inacess, and Inaccess’ CEO taking on the same role at Draker.
Regulators largely deny utility requests for fixed charge increases
A policy report finds that while utilities are increasingly asking to increase fixed charges, in more than half of recent cases these requests were denied.
