“The explosion ruptured the dusk settling over the desert in Surprise, Arizona. For hours, smoke had poured from a metal shed packed with lithium-ion batteries at a small electric substation. The batteries were tied to the electric grid, and somehow they had caught fire. Firefighters searching for the source of the smoke opened the … [Read more…]
“Across the U.S., there have been a number of good-faith efforts among utilities and solar companies to find a sustainable policy pathway for rooftop solar and other distributed energy resources that are challenging the traditional electric utility business model. In New York, six utilities recently partnered with three major solar companies on a proposed … [Read more…]
“Abengoa, the Spanish company that built the expansive $2 billion concentrated solar plant near Gila Bend, is broke and headed toward a possible bankruptcy filing. It’s the latest solar scandal for the Obama administration, which picked Abengoa for billions in lucrative loan guarantees. This week, Abengoa filed in Spain for protection against its creditors, … [Read more…]