Another IPP goes the way of acquisition. With 60MW of assets and another 100MW under development, Main Street isn’t the biggest player on the market but significant enough to get AES’s attention. I reiterate my question from a few weeks ago when Duke took the majority of REC Solar, what is the root of all the majority investment/acquisitions of commercial development paltforms. Of note, AES CEO says the transaction size was $25million which (if accurate) seems very small so something else was part of the deal, let’s see who digs into it.
News
- PV-Magazine: AES targets distributed PV, storage with purchase of Main Street
- Giga Om: SolarCity sues Arizona utility over solar anti-competitive practices
- NY Times: Japan’s Solar Power Growth Falters as Utilities Balk
- Renew Economy: Carbon crash, solar dawn – Deutsche Bank on why solar has already won
- Energy Collective: What is Prosumer Value to Utilities?
- RE World: To Shift Middle East Away from Nuclear Track, U.S. Should Invest in Solar Partnerships
- Forbes: Trina Solar Q4 Preview – Revenue Growth Will Continue, Margins Could Decline
- Chicago Tribune: Proposal would allow neighbors to share cost, credit for solar projects
Opinions
Have a great day!
Yann