Tag Archives: sune

Solar Firms, Utilities Clash As 30% Tax Credit Fades

The solar industry and utilities are prepping for a battle on Capitol Hill over an expiring 30% subsidy that benefits the greener industry and threatens the traditional powers that be. On one side, solar energy companies — like SolarCity (SCTY), First Solar (FSLR), SunPower (SPWR), SunEdison (SUNE) and Sunrun (RUN) — say the 30% investment tax credit (ITC) has guided their fledgling industry to 1,600% growth in installations over the subsidy’s

‘Power Hungry’ Equinix Goes Green, Signs Solar Deal

Data center operator Equinix (EQIX), fulfilling part of its Earth Day promise, was slated early Wednesday to announce a 150-megawatt solar project in partnership with solar panel maker SunEdison (SUNE). The deal covers all 12 of Equinix’s California data centers, allowing them to operate entirely on renewable energy, and boosts the Redwood City, Calif., company’s renewable energy footprint to 43% from 30%, Equinix said. The companies reached a

Hard-Hit Solar Stocks Light Up Before Key Conference

SunEdison (SUNE) stock jumped Tuesday, tugging several beleaguered solar stocks with it ahead of the Solar Power International Conference. Solar companies SolarCity (SCTY), First Solar (FSLR), SunPower (SPWR), Canadian Solar (CSIQ), Trina Solar (TSL) and JA Solar (JASO), among others, will attend. Vice President Joe Biden is scheduled to speak Wednesday at the 15,000-guest event in Anaheim, Calif. On Tuesday as the market lifted broadly, solar