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First Solar Announces Board Transition

First Solar, Inc.  (the “Company”) recently announced that following the Company’s successful leadership transition, the First Solar Board of Directors and James A. Hughes have mutually agreed that Mr. Hughes will no longer serve in an advisory capacity to the Company and will step down from the Board, effective September 1, 2016. As previously announced on […]

Invenergy Completes Project Financing for Luning Solar Energy Center

Invenergy recently announced that it has arranged debt financing for its Luning Solar Energy Center (“Luning”), which currently is under construction in Luning, Nevada. Natixis and NORD/LB New York Branch acted as joint lead arrangers for the construction financing. Natixis also acted as administrative agent and provided a letter of credit facility in support of the transaction. After construction, Invenergy will […]

NREL Supercomputing Model Provides Insights from Higher Wind and Solar Generation in the Eastern Power Grid

A new study from the United States Department of Energy’s (DOE) National Renewable Energy Laboratory (NREL) used high-performance computing capabilities and innovative visualization tools to model, in unprecedented detail, how the power grid of the eastern United States could operationally accommodate higher levels of wind and solar photovoltaic generation. The analysis considered scenarios of up […]

SolarCity Response to Decision by Public Utilities Commissioner to deny SolarCity the Ability to Intervene in Proceedings on the Grandfathering of Stranded Nevada Solar Customers

recently, a Nevada Public Utilities Commissioner excluded SolarCity from participating in a case which will decide the economic fate of over 20,000 existing residential rooftop solar customers in Nevada. Expressing disappointment over the ruling, former Consumer Advocate for the State of Nevada and current SolarCity Chief Policy Officer Jon Wellinghoff said, “The Presiding Officer has excluded the […]

HERO Home Efficiency Financing Program Launched for Homeowners in 40 More California Jurisdictions

The HERO Property Assessed Clean Energy (PACE) Program is available to local residents of 40 additional municipalities across California, starting today. HERO PACE financing enables homeowners to make energy- and water-efficiency improvements and to pay for them over time through their property tax bill. HERO financing payments may have tax benefits, and many homeowners see […]

4.8-Megawatt SunPower® Helix™ Carport System Under Construction at Cal State Long Beach

California State University, Long Beach and SunPower Corp. announced recently that construction is underway on a 4.8-megawatt SunPower® Helix™ Carport solar power system at two university parking areas. CSULB will purchase the solar power generated by the system under a power purchase agreement that offers competitive rates, enabling the university to offset approximately 15 percent of […]

Ontario, Canada Partners with GE, Provides US$20.5 Million Grant for New Brilliant Factory

Ontario, Canada is partnering with GE Canada by providing a grant of US$20.5 million for new GE Brilliant Factory – one of the world’s most technologically-advanced of its kind.Expected to begin production in early 2018, the facility will produce energy-efficient engines and other components that are used all over the world. The Welland plant will […]