Sky Capital America, the US subsidiary of Hong Kong-based Sky Solar Holdings, has acquired 22.5MW of developmental stage permits for solar projects in California and Vermont from an unnamed California-based solar developer.
The solar segment is not short of new hires and comings and goings, with solar industry stakeholders responding to the shifts in a dynamic global market. In our inaugural Movers & Shakers segment, PV Tech attempts to bring the industry back to its roots and rounds up key career moves of the last fortnight.
Solar Frontier Americas — US subsidiary of the world’s largest CIS solar energy solutions provider, Solar Frontier — announced that two utility-scale solar projects from its development pipeline have started construction.
California utility Pacific Gas & Electric Company (PG&E) plans to increase investment in renewables, storage and energy efficiency beyond its current state mandates while simultaneously phasing out its nuclear power activity in California by 2025.
San Diego Gas & Electric (SDG&E) will likely surpass its cap on the number of rooftop solar systems that can sell electricity back to the utility under the net metering scheme – and will be the first utility in the state to do so.
The largest Property Assessed Clean Energy (PACE) bond securitisation has been completed. The securitisation, HERO 2016-2, includes US$305,313,000 in Class A Notes, secured by 13,432 PACE assessments levied on residential properties in 31 counties across the state of California.
A host of solar advocacy groups across California have urged for a speedy resolution to the passing of a bill making methodology for calculating net metering caps consistent across the state's utilities.
The economic benefits of adding energy storage to solar in California at affordable multi-family dwellings could far outweigh the costs, even doubling savings on energy bills, a new report claims.
