Arizona utility APS makes an unusual play to enter the residential solar market by offering to install 20 MW of PV panels on residential homes. Does this mark a shift in the big utility's sentiments toward renewable energy, or is it just another strategy to maintain market dominance over the solar sector?
As various parties debate the probability of a “utility death spiral,” Australia’s high rooftop solar adoption points to what could happen in the U.S. With electricity consumption decreasing there by 13% in just a few years, prices have gone up, making solar even more attractive. Does this sound like the utility death spiral yet?
Direct Energy acquires Astrum Solar for $54 million. With this acquisition, Direct Energy looks to combine its large market-base with Astrum Solar’s installation expertise to become a leader in residential solar.
In the midst of heated net-metering battles, a 2007 Denver Post article surfaces that shows Xcel Energy once touted the benefits of distributed solar generation. The Alliance for Solar Choice calls out the utility for flip-flopping on its position to serve its own interests.
SunPower, which has more than 20,000 Americans enrolled in its solar lease program, enters into an agreement with Hannon Armstrong Sustainable Infrastructure Capital for up to $44.5 million. The transaction allows SunPower to leverage existing lease assets and expand its program while increasing its cash position and strengthening its balance sheet.
Bland Solar & Air and APS announce a partnership in California's Central Valley, a hot spot for solar power. Bland Solar will introduce APS to customers in the area and primarily sell the APS product as their “go to” microinverter.
By Pamela Cargill
A version of this post was originally published on Chaolysti
While the solar industry focuses on attacks on net metering, another threat lurks -- one that Pamela Cargill thinks could dwarf the others. It comes in the form of increased insurance scrutiny on solar. It’s not all bad news, though, but also shows that solar is growing up and, like a teenager, asserting its place in the economy as much more than a niche artifact of the back-to-the-land movement.
SolarCity announces a third securitization of $201,500,000 in Solar Asset Backed Notes. The continuing securitization offerings are bringing much-needed financing to the solar industry.
SolarCity announces its quarterly earnings call. A live call and replay will be available for interested parties.
Sungevity announces its Sungevity.org initiative has now provided more than $1.5 million to nonprofit organizations through a cause marketing program that rewards nonprofit partners and their members for solar installations. To mark the milestone, Sungevity.org has donated $50,000 to Alameda County Community Food Bank and welcomed the food bank to its partner roster.
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