The inverter giant’s expansion plans are a response to what it says are favorable market conditions. In addition, the company is introducing new products to the U.S. market, including solutions for battery storage.
Solar industry commentary is echoing state data, which shows that the implementation of net metering 2.0 and time-of-use rates is having a significant negative effect on California’s distributed solar market.
Signal Energy’s latest California generating facility stands up to desert’s brutal conditions with robust tracking system.
The leader of the California Senate has introduced a bill that would put the state tied with Hawaii for the most aggressive renewable energy mandate in the nation, and one of the most aggressive in the world.
The system is one of three that SCE has contracted to meet peak demand needs following its Aliso Canyon leak, as a new test for the abilities of energy storage.
SEC filing outlines proposed changes, described by company CEO Paul Nahi as “necessary to create path to sustained profitability”. Restructuring will cost estimated $2 million and follows announcement last year of staff losses.
The latest report from the respected national lab finds that even if – big if – behind-the-meter solar is raising the rates of other utility customers, the impacts are tiny, especially compared to other activities.
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