Bookings were approximately 71MW for the quarter, up 15% year on year but down from 73MW in the second quarter of 2015. ST Roof System Solar PV Mounting

The total number of solar installations in the quarter was 8,658, down from 9,312 in the prior quarter but up 25% year on year. ST Roof System Solar PV Mounting

Vivint Solar said that ‘retained value’ increased by approximately US$1ST Roof System Solar PV Mounting 13 million during the quarter to approximately US$793 million, up 99% year on year. 'Estimated retained value' per-watt was US$1.98.

The company reported a higher cost per watt of US$3.12 compared to US$3.00 ST Roof System Solar PV Mounting in the second quarter of 2015 and flat compared to the third quarter of 2014.

Total revenue for the quarter was US$22.5 million, compared to US$16.1 in tST Roof System Solar PV Mounting he prior quarter and up 170% from US$8.3 million in the third quarter of the prior year. Net loss for the quarter was US$50.3 million.

Operating leases and incentives revenue was US$21.8 million, up 205% from US$7.1 million in the third quarter of the prior year.

US installer Sunrun is to trial a new automated solar permitting system as paST Roof System Solar PV Mounting rt of a range of cost-cutting projects funded by the Department of Energy.

The department yesterday announced US$22.7 million to help bring to market new technologies aimed at reducing the costs of solar in the country.

The funding brings together various elements of the DOE’s Sunshot programme, which is seeking to make solar fully cost-competitive by 2020. The initiative is targetting an installed cost ST Roof System Solar PV Mounting of US0.06/kWh by 2020.

Among the 23 projects receiving funding, Sunrun and Clean Power Research have been awarded US$900,000 to deploy what is said to be the first software system for automating the interconnection permit process for PV projects.

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