Renewable energy firms SolarCity and NRG Energy plan to install rooftop solar on 184 stores and distribution centres of major grocery chain Whole Foods Market in the US.
Leading US installer SolarCity has completed its fifth securitisation of distributed solar PPA and lease assets — standing as the company’s sixth securitisation transaction overall.
Warren Buffett, chairman and CEO of multinational conglomerate holding company Berkshire Hathaway, has confirmed that Elon Musk contacted him directly about the Nevada net metering row and was "unhappy".
SolarCity, the largest residential solar PV installer in the US said in its fourth quarter 2015 earnings call that its ambitious 1GW Buffalo Riverbend manufacturing facility had been impacted by longer than expected equipment lead times, pushing some equipment installs into the second-half of 2016.
SolarCity has produced commercials that “reframe” the debate between fossil fuels and renewables in “deliberately practical terms”, comparing the complexity of generating and delivering power from fossil fuel plants against the immediacy of rooftop PV.
US residential installer Sunrun said it would exit the PV market in Nevada with the loss of hundreds of jobs due to the recent negative changes by the Public Utilities Commission (PUC) in Nevada to net metering and charges on people operating solar systems.
US Residential solar PV installer SolarCity has stopped operating in the US state of Nevada after the Nevada Public Utilities Commission (PUC) approved a plan that will restrict net metering credits and boost charges against solar users in the state.
Renewable energy firm SolarCity was responsible for 34% of residential solar PV installations in the first three quarters of 2015, according to GTM Research’s ‘US PV Leaderboard: Q4 2015’.
