BREAKING: Brookfield takes over TerraForm Power, Global
Brookfield has agreed to acquire a 51% stake in yieldco TerraForm Power and plans to become the company’s sponsor, as well as acquiring TerraForm Global outright.
Coalition for Community Solar Access adds members
The Coalition for Community Solar Access (CCSA) has now added nine new members: Borrego Solar, Distributed Sun, EWT, AES Distributed Energy, Westwood Professional Services, Relay Power, Lever Energy Finance, Solstice and GRID Alternatives. Solstice and GRID Alternatives are also CCSA’s first non-profit members.
GRID Alternatives adds Sunrun as another option for third-party ownership
The California Public Utilities Commission approved Grid Alternatives’ proposal to allow Sunrun to own and operate projects for the Single Family Affordable Solar Homes (SASH) Program.
TerraForm raises another $86 million for Ontario solar projects
The troubled yieldco has managed to raise additional capital for four solar projects in Canada, as the industry waits on word of its settlement with SunEdison and potential sale to Brookfield.
Solar reached 1.4% of U.S. electricity in 2016
The latest figures from the U.S. Department of Energy show that all renewables together made up 15.3% of generation.
Amazon to install up to 41 MW of on-site solar by the end of 2017
The company’s solar installations planned for 15 fulfillment centers this year will be followed by another 35 by 2020.
GameChange ships 96 MW mounting system
GameChange Solar announced that it is shipping a 96 MW PV system to a site in the “Mid-Atlantic” region that will utilize over 275,000 solar panels supported by the company’s Max-Span and Max-Span Plus pile driven systems.
NRG’s renewable investments begin to pay off
The company’s acquisition of SunEdison’s wind and solar are helping to bring its balance sheet back towards the black.
Younicos to upgrade Kodiak Island to lithium energy storage
Younicos will build a 3 MW lithium ion battery storage system for the Kodiak Electric Association (KEA) in Alaska with completion expected by August, ready for high wind season. The installation replaces a lead acid array installed in 2012.
Minnesota lawmakers propose 50% renewables by 2030
The aggressive, bipartisan legislation to pursue renewable energy in the state follows an Xcel Energy announcement that it put 32 MW of community solar projects online. These plans for renewables come at the same time a bill makes its way through the legislature that would snuff out Minnesota’s solar incentive.
