Shoals adjusts outlook due to significantly 'challenging' US solar environment
Shoals Technologies has become the most recent solar supplier to adjust its assistance for the year, criticizing an "progressively challenging environment" brought on by the United States AD/CVD examination.
May 19, 2022 // Markets & Finance News, USA, Battery Storage, ssfusa, North America, BOS, balance of system, shoals technologies, company results, shoals, AD/CVD, quarterly results
10-year solar ITC extension, standalone storage space credit and PTC resurgence included in draft spending plan bill
The United States Legislature has actually lastly revealed propositions which would prolong the Solar Investment Tax Credit (ITC) for 10 years at 30%, yet just for projects meeting certain labour problems.
Sep 13, 2021 // Policy, USA, ssfusa, North America, Joe Biden, olar itc, storage itc, tax credit
'The status quo is no longer going to cut it': Financier self-confidence skies high but ACORE gets in touch with solar funds go even more still
The confidence of renewable energy investors and programmers stands at an "all-time high", a new report by the American Council on Renewable Energy (ACORE) claims, however financial investment needs to surge in the coming years if the United States is to satisfy decarbonisation objectives.
Jun 15, 2021 // Markets & Finance News, Policy, USA, ITC, ssfusa, North America, ACORE, decarbonisation, biden
United States tidy energy field ends 2020 with 12% of pre-pandemic workforce out of work
The US tidy power industry finished in 2014 with the fewest number of employees considering that 2015, as influences of the coronavirus pandemic mean 12% of the field's labor force is out of work.
Jan 14, 2021 // Markets & Finance News, USA, ssfusa, North America, policy, Gregory Wetstone, ACORE, covid-19, Bob Keefe, e2
NextEnergy Capital proceeds financial investment charge with New york city area solar profile acquisition
Solar capitalist NextEnergy Capital (NEC) has actually proceeded its recently established venture right into the United States solar market, finishing on a string of neighborhood possessions throughout New York.
Apr 3, 2020 // Markets & Finance News, USA, New York, ssfusa, investment, North America, nextenergy capital, Community Solar, Lorena Ciciriello
Walmart pins store fires on Tesla solar installs in new lawsuit
Walmart has linked a string of store fires in recent years to Tesla’s alleged mismanagement of solar panel installation and maintenance, taking Elon Musk’s outfit to court.
Aug 21, 2019 // Rooftop PV, USA, TESLA, Elon Musk, SolarCity, ssfusa, lawsuit, Walmart, North America, litigation
Sunnova reports more customers and dealers in Q2
US residential solar installer Sunnova reported a growing dealer network, more customers, new solar products and a larger geographical footprint in its first earnings release since going public.
Aug 21, 2019 // Residential, Markets & Finance News, USA, Sunrun, Sunnova, ssfusa, installer, residential, North America
North Carolina energy plan looks to clear remaining regulatory hurdles for solar
Existing solar power policies in North Carolina will go under review as part of the state’s draft Clean Energy Plan. Published last week, it includes the retirement of 4GW of coal and the proposal of measures to drive renewable energy more broadly as well as boosting EV adoption in the US state.
Aug 21, 2019 // Plants, Large-Scale, Commercial, Storage, USA, North Carolina, solar pv, ssfusa, Duke Energy, Clean Energy Plan, boosting EV, Stephen De May, North America
Lightsource BP readying construction of 70MW trio for US university
Lightsource BP is days away from launching construction works for a utility-scale solar pipeline it will deploy for a US university, set to go live next year.
Aug 21, 2019 // Plants, Large-Scale, Commercial, USA, PPA, PV Tech, pv power plants, solar pv, ssfusa, Lightsource BP, US university, Pennsylvania, North America
Pattern Energy confirms takeover interest
Energy developer Pattern Energy confirmed on Tuesday that it is courting potential takeover suitors, but that so far no agreement or arrangement had been reached.
Aug 14, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, USA, ssfusa, pattern energy, terraform power, brookfield asset mangement, mergers and acquisitions
EDP secures second 100MW buyer for Californian solar-plus-storage project
EDP Renewables’ American subsidiary will sell 100MW of energy and 10MW of energy storage from a project in central California to the city of San Jose's default electricity utility, San Jose Clean Energy.
Aug 8, 2019 // Plants, Large-Scale, Commercial, Storage, Grids, California, USA, CCA, EDP, Engie, ssfusa, solar-plus-storage, community choice energy
Vivint Solar secures US$325m debt refinancing deal
US residential solar installer Vivint has secured a US$325 million revolving warehouse facility to refinance existing debt.
Aug 7, 2019 // Residential, Markets & Finance News, USA, ssfusa, vivint, installer, residential solar, vivint solar, David Bywater, North America
New Jersey Resources to issue US$150m green bond for 50MW of solar
Energy provider New Jersey Resources (NJR) is selling US$150 million of green bonds to finance six commercial solar plants with a combined capacity of 50MW.
Aug 6, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, USA, New Jersey, solar pv, ssfusa, green financing, new jersey resources, financial results, clean energy ventures, North America
Ultra-low solar bid of $0.01997/kWh in the US – not quite so sunny
PV technology has made significant progress in a short amount of time, leaving solar enthusiasts chuffed. Opponents, on the other hand, brand it as unworkable boondoggle, surviving on the crutches of subsidies and only salving the conscience of the green-minded companies cosseted by political forces. The naysayers do have partial truth in their argument - governments the world over have been supporting the growth of this child with the moniker “solar” with public finances. So, this is the partial truth and the enthusiasts have just enough firepower to say that all energy is, after all, subsidised one way or another – in terms of uncompensated costs of air pollution, congestion and global warming and the consequential irreversible damage these fossil fuels have done to the planet. Perhaps more important and statistically relevant is a report published by the IMF in 2015, which had pegged subsidies to fossil fuels at US$5.3 trillion.
Aug 5, 2019 // Manufacturing News, Plants, Large-Scale, Commercial, Solar, USA, bifacial, monocrystalline, ssfusa, North America
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