On the same day that the copmany announced that it will lay off workers and cut founder salaries, SolarCity initiated a bond offering at a record high interest rate of 6.5%.

The company has contracted for over 20 MW of projects in Massachusetts and Vermont.

The contract manufacturer is buying SunEdison’s Australian business and a portion of its global channel business free of liens and claims.

The company says that its 3-D wafers lower the amount of silicon needed for each wafer without losing strength or performance.

The wide-ranging settlement of three separate cases would include a process for battery storage interconnection, the withdrawal of a charge for solar customers, and a shift to time-of-use rates.

EnergySage has been contracted as the exclusive provider of GoSolarCT.com, which allows homeowners to research and comparison-shop for solar PV systems.

The environmental group’s latest report looks at 10 communities in the United States that are moving to 100% renewable energy.

The yieldco says that proceeds will be used to repay current borrowings, and may use the remainder to fund “acquisitions and investments”.

A critical rate case in Arizona gets resolved, NRG moves to acquire SunEdison assets, SolarCity goes BIPV, downsizing at SMA and SunPower, results from SCTY, RUN & VSLR, and more…

The third-party residential solar company is still struggling with high costs in its partner network, but has surpassed Vivint Solar as the second-largest residential solar installer in 2016 so far.