SunPower Awarded $1.8 Million Research Grant from the California Solar Initiative RD&D Program

According to the press release, “In a second round of funding by the California Public Utilities Commission (CPUC), SunPower Corp. (Nasdaq: SPWRA, SPWRB), will receive a grant of approximately $1.8 million from the California Solar Initiative Research, Development, Deployment and Demonstration (CSI RD&D) Program. This grant will enable SunPower to research photovoltaic (PV) energy storage [...]

First Solar Completes Acquisition of NextLight Renewable Power

According to the press release, “First Solar, Inc. (Nasdaq: FSLR) today announced it has completed the acquisition of NextLight Renewable Power, LLC, a solar development firm formed by the inaugural fund of Energy Capital Partners, a private equity firm focused on investing in North America’s energy infrastructure. With the NextLight acquisition, First Solar now has [...]

CPUC Approves Edison’s Tehachapi Transmission Line to Support Renewable Energy

According to the Press Release, “The California Public Utilities Commission (CPUC) today approved Southern California Edison’s request to construct Segments 4-11 of the Tehachapi Renewable Transmission Project (TRTP) in order to increase access to new renewable energy. This brings the total of new transmission approved by the CPUC for the state’s investor-owned utilities to more [...]