REC Group enters into a supply agreement with Sunrun, similar to its recent agreement with SolarCity. Sunrun will buy a minimum of 50 MW and up to 100 MW of REC's high-quality Peak Energy Series solar panels in 2015.
Yet again, solar provides a significant chunk of new generating capacity in the U.S., at 25.8%. In fact, in July renewables accounted for all new generating capacity, with no new electrical generating capacity from either coal or nuclear so far this year.
As part of its quarterly results report, RGS Energy announces the promotion of Dennis Lacey to CEO and the restructuring of the company into four reportable segments. RGS will refocus on the residential market, where it’s been most successful recently.
As SolarCity experiences ups and downs, solar and financial analysts ponder its fate. While no one is making definitive predictions for the company, some concerns have surfaced about the future of its business model. Yet few would bet against Elon Musk.
As rooftop solar faces a threat in Nevada, solar supporters deliver a petition to the PUCN. Over 4300 people signed the petition, urging state leaders to support net metering, an effective policy for enabling rooftop solar and the many economic, environmental, and grid benefits it delivers throughout the state.
As solar in Massachusetts grows, Nexamp grows with it. The company has acquired a 4.4 MW portfolio of solar projects that produce enough energy to power 650 homes a year.
Fitch Ratings says new investor classes and alternative financing will further expand the DG market. This will continue to challenge the traditional utility business model, already under siege from energy efficiency and other market dynamics.
Texas enjoys abundant sun but not as abundant solar power. That’s starting to change. Travis Moller of Meridian Solar gives us his insights on the Texas commercial solar market and Meridian Solar’s role in moving it forward.
Denver solar gardens company SunShare contracts with Adams County to provide the regional government with clean, reliable energy from community solar gardens. Colorado is a leader in solar gardens, which allow homeowners, businesses, and municipalities to subscribe to solar power located offsite.
Protection 1 enters the solar market with the launch of Brite Energy, which will serve both residential and commercial customers. The company will capitalize on Protection 1’s existing customer base of nearly two million home and business owners.
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