Spain to host a renewable energy auction of up to 3 GW in Q1 2017
The winning projects must be operational by 31 December 2019.
MIT report questions value of distributed solar
The Utility of the Future report decries poor state-level rate-making, mythical cross-subsidies by non-solar customers, and economies of scale as reasons that adding more distributed PV to utilities’ portfolios make little long-term economic sense.
UK ran on 40% renewables on Christmas Day, data shows
Greenest Christmas ever for the UK as data from power group Drax shows that the nation sourced 40% of its electricity from renewables sources on December 25.
Scatec sells off its last U.S. solar plant
The Norwegian developer and EPC has closed on the sale of the 104 MW-DC Utah Red Hills plant to Macquarie.
ACC, SUMEC to build 100 MW of rooftop solar in China
The two China-based companies have signed a cooperation agreement to bring 100 MW of solar to rooftops across the Chinese mainland.
BREAKING: SEIA expected to name Abigail Hopper as new CEO
The reported choice to lead SEIA served as the head of the Maryland Energy Association and was an energy advisor to Maryland Gov. Martin O’Malley, during whose administration Maryland developed a progressive solar policy.
Danish solar auction delivers European low cost of US 1.81 cents/kWh
Danish renewable energy developer Pure & Better Energy awarded 20 MW of solar PV capacity in latest cross-border auction for cost of DKK 12.89/MWh.
China to cut large-scale solar tariff by 19% in 2017
Declining construction costs for solar plants have prompted the government to lower the amount of money it pays to newly completed PV farms.
Panasonic, Tesla, confirm solar cell and module production partnership in New York
Joint statement issued by the solar division of the Japanese electronics giant and Elon Musk’s Tesla says that production of PV modules will begin in summer of 2017.
Spruce’s solar portfolio is collateral for $105.4 million in debt financing
The deal, financed by Investec and Silicon Valley Bank, will be fund more systems around the country for the residential solar financier.
