Vivint Solar said that ‘retained value’ increased by approximately US$11kw off grid solar system
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 1kw off grid solar system
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 t1kw off grid solar system
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 pa1kw off grid solar system
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.
We have been completely satisfied with the quality and reliability of Quick Mount products on our solar PV projects. The ease of installation contributes greatly to the overall efficiency of our system installation.
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