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.
Arizona’s largest power user has approved a 20-year power contract with a 30 MW solar project at US$2.49¢/kWh (AUD3.27c/kWh), the lowest price for a public solar power contract to date. The deal also involves shutting down a coal plant.
During May utility-scale solar provided 17% of generation on California’s grid, outpacing gas for the first time on a monthly basis.
Germany-based PV-storage provider sonnen has closed a new funding round from a group of investors led by Shell Ventures. Sonnen has already began to draw on the funds as it continues to expand market shares in the U.S. and in Australia. Shell Ventures is now a major sonnen investor and future cooperation agreement has been agreed to.
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 three companies are coming together to monitor Huawei’s FusionHome Smart Energy Solution. Customer data security system robustness drives move.
The tracker maker will also supply a new type of racking for the roll out of First Solar’s large-format Series 6 modules.
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