Two Las Vegas residents have launched a class action lawsuit against utility NV Energy following recent moves to restrict net metering payments to solar customers in the state.
The Brazilian state of Alagoas has become the latest state to grant solar PV consumers an exemption from the ICMS state sales tax under the net metering scheme.
Canadian-based PV project developer JCM Capital said it had secured an undisclosed tranche of funds as part of a US$50 million private placement offering for project financing requirements of three projects scheduled to reach financial close during 2016 and 2017.
Corporations and utilities are already interested in energy storage but must collaborate to advance deployment and lower costs, avoiding some of the past mistakes of the PV industry, according to the heads of one California-based industry group.
A US-based investment hedge fund Appaloosa Management has filed court proceedings to prevent SunEdison’s US-centric yieldco, TerraForm Power, from taking on nearly US$1 billion in debt to acquire Vivint Solar assets from SunEdison, should the deal go through.
Certain "deep-level" defects in silicon solar cells appear to improve their performance, according to research by scientists at the US governments National Renewable Energy Laboratory.
US President Barack Obama delivered his final State of the Union address to Congress Tuesday night in Washington D.C., hitting on a variety of topics including solar in his last annual address to the American public.
Independent investment manager I Squared Capital — through its ISQ Global Infrastructure Fund — has acquired Lincoln Clean Energy, a developer, owner and operator of solar and wind assets in North America.