Author: Aggregated News
Rooftop-solar industry blames Newsom, PG&E as Bay Area businesses struggle – The Mercury News
Barry Cinnamon (right), owner of rooftop-solar-power company Cinnamon Energy Systems of Los Gatos, visits with his customer Selcuk Gun near dual battery units installed at his home in San Jose, Calif., Thursday, Dec. 21, 2023. (Karl Mondon/Bay Area News Group) Bay Area rooftop-solar businesses are reeling from a statewide change that gutted compensation for homeowners returning surplus power to the electrical grid, causing applications for new solar to plunge to a 10-year low and leading to layoffs in an industry that had expected to lead the vanguard toward more sustainable,…
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Rooftop-solar industry blames PG&E, Newsom as Bay Area businesses struggle – The Mercury News
Barry Cinnamon (right), owner of rooftop-solar-power company Cinnamon Energy Systems of Los Gatos, visits with his customer Selcuk Gun near dual battery units installed at his home in San Jose, Calif., Thursday, Dec. 21, 2023. (Karl Mondon/Bay Area News Group) Bay Area rooftop-solar businesses are reeling from a statewide change that gutted compensation for homeowners returning surplus power to the electrical grid, causing applications for new solar to plunge to a 10-year low and leading to layoffs in an industry that had expected to lead the vanguard toward more sustainable,…
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Fremont solar equipment company to lay off 350 workers as industry slows – CBS San Francisco
On Friday, solar equipment company Enphase Energy in Fremont will lay off 350 workers. The company said market conditions are forcing the move, but solar advocates are saying those conditions were created by the state when it changed the amount it pays solar owners for the energy they create. Since then, the demand for solar has plummeted. Enphase produces inverters that convert the energy the panels collect into usable household power. In a memo to employees, the company attributed the layoffs to an increase in interest rates and a decision…
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