SunEdison tries to back out of paying interest on TerraForm notes

The renewable energy developer cites its bankruptcy but TerraForm plans to contest the change, and in the interim will pay the interest.

3

Tesla: Gigafactory is “on schedule” to support 2017 Model 3 roll-out

Elon Musk gave scarce information on developments at the world’s largest battery factory in Tesla’s Q2 results.

3

First Solar reports strong Q2 results

While barely remaining in the black due to restructuring charges, First Solar ran at 100% capacity utilization and increased revenues during Q2.

CleanCapital opens C&I solar portfolio to private investors

John Hancock has invested $21 million in debt to lead financing of the portfolio.

1

A lot of skepticism: Mercom Capital’s Raj Prabhu on the pending Tesla/SolarCity merger

On Sunday, the boards of Tesla Motors and SolarCity agreed to the terms of Tesla’s acquisition of the solar company. And while this deal is still awaiting votes by shareholders of both companies to go forward, there are indications that this may come soon. pv magazine USA spoke with Mercom Capital CEO Raj Prabhu about the evolution of this deal, and what to expect.

3

Enphase reports third quarter of losses in Q2 2016

The microinverter maker has pursued price reduction to gain market share, but has not turned a profit since Q3 2015.

2

Massachusetts passes bill to set energy storage targets

If the omnibus energy bill is signed by Governor Baker, Massachusetts will become the third state to mandate that utilities procure energy storage.

4

Sunrun raises another $45 million for its working capital facility

The residential solar provider has raised the volume of the facility to $250 million.

New York regulators issue 50% by 2030 renewable energy mandate

The Clean Energy Standard does not appear substantively different than earlier policy drafts, and includes a bailout for aging nuclear reactors.

9

EnSync sells projects with Hawaii’s first solar-plus-storage power contracts

The energy management systems company is building a pipeline in Hawaii through its project development arm.

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