SunPower and ConEdison Solutions team on New York solar leasing program
U.S. utility joins forces with leading solar provider SunPower to offer homeowners in New York State opportunity to lease rooftop solar PV systems, program to be launched in August.
Duke Energy attains another 50MW in California
Charlotte-based Duke Energy Renewables has acquired two solar power plants totaling 50MW from Kruger Energy in California. The projects are currently under development.
Leclanché acquires storage developer Trineuron
Leclanché expands on its storage offerings with its acquisition of Trineuron, a company that designs and manufactures lithium ion storage systems.
Abengoa sells and SolarCity securitizes
Spanish Abengoa has reached an agreement with Abengoa Yield to sell a fourth asset package. Meanwhile, SolarCity has announced its securitization proposal.
Enphase to supply Sunrun
Californian microinverter company Enphase has signed a deal with Sunrun, to supply the lease providers direct installation services business. Enphase has supplied Sunrun certified installers for some time, with this most recent announcement representing a strengthening in the relationship.
Kaco and Ideal Power join forces
Kaco and Ideal Power have come to an agreement where Kaco will now be able to resell Ideal Powers products under the Kaco label. Kaco will also be able to design their own products using Ideal Powers patented technology.
PERC demand spirals upwards
Signs of a PERC solar cell equipment shortage are mounting. Reports are emerging that Chinese and Taiwanese cell makers are waiting many months on key PERC equipment. Motech confirms its PERC move and bottlenecks.
US residential solar: 72% third-party owned
GTM Research in its latest report states that 72% of the 1.2GW of residential solar installed in the U.S. last year is third-party owned, in the form of leases and PPAs.
Falling revenues, growing yieldco at SunPower Q2
Major U.S. solar player SunPower has released its Q2 2015 results, in which it reports falling revenues both on a Y/Y and M/M basis, as it either holds completed projects on its books or drops them down into joint yieldco 8point3 Energy Partners. U.S. residential market continues to deliver strong demand.
Solar Frontier eyes the Americas
Thin-film module maker Solar Frontier is seeking to expand into the Americas. The 280MW pipeline of Gestamp-developed projects in the U.S. is seen as the company’s ticket into the market.
