Despite a robust first quarter, Mercom CEO Raj Prabhu says the uncertainty surrounding the Suniva trade case caused a dip in the second quarter and could have devastating effects going forward.
The company says the central assumption of the report – a $1.18 per watt floor price – is wrong and that the headlines resulting from the report could harm its trade case.
GTM Research’s latest report predicts a 50% to 60% overall reduction to solar installations if trade action is taken, with the utility-scale sector taking the most significant hit.
Southern California Edison will purchase 125 MW AC from the Maverick Solar (formerly Palen 1) Plant, which is expected to start delivering electricity on Dec. 1, 2020.
According to Deloitte’s annual “Resources 2017 Study – Energy Management: Sustainability & Progress,” grid parity, driven by technological advances and plunging prices, has allowed consumers and businesses to choose clean energy over more traditional fossil-fuel options, with increasing solar use being most consumers’ top priority.
The U.S. International Trade Commission has informed the WTO that it is moving forward with its investigation into whether Suniva and SolarWorld deserve “global safeguard” protection from their competitors.
The president’s federal budget for Fiscal Year 2018 includes the expected cuts to renewable energy within the DOE’s walls, but the cuts to prominent national labs – including the elimination of energy-storage research funding at both – could have unforeseen long-term effects on the industry.
The U.S. International Trade Commission decided late tonight to move forward under Section 201 of the Trade Act of 1974 to investigate whether the bankrupt module maker deserves protection from its Chinese competitors.