SunLogix Energy, LLC, a leading solar energy solution based in Southern California, announced it has acquired California-based Zsolar Energy, Inc., a solar panel installer company headquartered in California with over 10 years of experience in residential and commercial solar installation. This acquisition enhances Sunlogix Energy’s ability to deliver a complete solar solution to all customers.
Los Angeles Department of Water and Power (LADWP), the largest municipal water and power utility in the Unites States announced the approval of two power purchase agreements with U.S. developer of solar PV and storage projects, 8minute Solar Energy, to develop the Eland Solar and Storage Center, which will be the largest solar and battery energy storage system in the United States.
The California Energy Commission announced yesterday the adoption of building standards that require solar photovoltaic systems starting in 2020. The building energy efficiency standards, which are the first in the nation to require solar, will reduce greenhouse gas emissions by an amount equivalent to taking 115,000 fossil fuel cars off the road.
HelioPower, Inc., a leading solar power integration firm based in California, announced this week that it has successfully completed its corporate and financial reorganization. The reorganization plan, under Chapter 11 of the United States Bankruptcy Code, substantially de-leverages the company’s ongoing business and stabilizes the financial health of the business.