SolarCity and ILIOSSON, S.A. de C.V. have announced that they have entered into a definitive agreement for SolarCity to acquire ILIOSS, one of the largest commercial and industrial solar developers in Mexico. Upon close of the acquisition, ILIOSS will operate as an independent business unit of SolarCity.- According to GTM Research’s Latin America PV Playbook, Mexico is the top-ranked Latin American market for distributed generation (DG). GTM Research forecasts Mexico’s DG market to grow at a 69% CAGR through 2020. GTM Research Senior Solar Analyst Adam James notes, “SolarCity’s entry into Mexico could be a market-moving event for the country’s PV sector. The C&I segment is the most scalable near-term opportunity in the country, and the introduction of a strong financing product into the market would accelerate PV growth considerably.”
- U.S. Department of Energy Secretary Ernest Moniz will be the keynote speaker at the National Summit on Smart Grid & Climate Change, to be held in Washington, DC on October 13-14. The National Summit will take place in between two seminal events related to climate change: the issuance of the final rules for the Clean Power Plan (CPP), and the United Nations Climate Change negotiations in Paris in early December (COP-21).
- TruStar Energy has announced the grand opening of Sacramento County’s (California) updated CNG fueling station. TruStar Energy was contracted to completely refurbish the existing CNG fueling station – that had been in operation since the early 80’s. The new combination time fill/fast fill station will be used primarily to provide fuel for the County’s refuse fleet, but also has a fast-fill dispenser to allow other county vehicles to fuel up.
