The law has established a program for Clean Energy Certificates and favors distributed generation. The goal of 35% clean energy by 2024 has been re-established, and businesses will have a 50% requirement by 2020. The bill is pending ratification in the Senate.
The new deal saves cash for SunEdison, and also allows Vivint to look for other offers and lifts a January deadline to close the deal.
Japanese CIGS producer Solar Frontier has announced a record efficiency with its technology of 22.3% on a 0.5cm x 0.5cm cell. The company claims the result as a world record for a thin film solar cell.
Taiwan’s largest solar cell maker has reported its first positive operating margin since the second quarter of 2014, as well as its highest revenues in four years.
GTM Research and SEIA’s latest report finds that the U.S. solar market dipped slightly last quarter to 1.36 GW, but the organizations are predicting that massive levels of solar will come online during the next five quarters.
The French Government has announced the winners of its 800 MW CR3 tender, for projects larger than 250 kW. Tariffs for the winning projects have fallen between 15% and 23% on the previous tender, to an average of 0.082/kWh (US$0.087/kWh) for ground mounted arrays, 0.129/kWh ($0.139/kWh) for large rooftop arrays and 0.124/kWh ($0.134/kWh) for solar shade structures, largely solar carports.
The small island of Kaua’i, at the end of the chain of islands that comprises the U.S. state of Hawaii, has become a pioneer in the integration of high levels of solar on an isolated grid.
The Chinese solar company posts third-quarter revenues of $351.5 million, down sequentially and some way below Q3 2014; non-cash impairment charge on long-lived assets of $598.5 million.
New York Governor Cuomo has given the order to state regulators to create the program, which must be completed by July of next year.
New York Governor Cuomo has given the order to state regulators to create the program, which must be completed by July of next year.
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