Through the deal SunPower gets US$25 million and stock; however the bigger deal may be Enphase’s right to be the company’s exclusive residential inverter supplier.
The plant is the second-largest planned in the Western Hemisphere, and will triple the thin film module maker’s manufacturing capacity in the United States.
The analyst is expecting carnage throughout the solar value chain as the result of reduced policy support for deployment in China.
During May utility-scale solar provided 17% of generation on California’s grid, outpacing gas for the first time on a monthly basis.
A new report by Rocky Mountain Institute finds that gas plants proposed across the United States over the next 15 years could be replaced by clean energy portfolios at a net savings, and that these projects are at risk of becoming stranded assets.
A new report from a think tank headed by former U.S. Energy Secretary Moniz reveals an additional 100,000 jobs with a part-time solar component, and hints at the political powerhouse that solar is becoming.
The tracker maker will also supply a new type of racking for the roll out of First Solar’s large-format Series 6 modules.
The company is pivoting to DG solar and expanding its manufacturing as it continues to struggle with profitability.
Over the next three years, Array expects to supply multiple gigawatts of trackers to the developer, as its “primary” tracker supplier.
The world’s largest retailer has slipped in recent rankings, but is planning to pursue more solar, both at its facilities and through third-party purchases of power.
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