The yieldco’s first statement regarding its 2016 financials shows plenty of cash, but Global is remaining in the red overall.
NASDAQ has sent letters to both yieldcos warning them that the failure to hold annual general meetings in 2016 serves as an “additional” cause for de-listing, after late financial statements.
The independent power producer reached 1 GW of operating solar projects before the calendar turned to 2017.
Vortex, a renewable energy investment platform managed by Egypt’s EFG Hermes, to purchase TerraForm Power’s 365 MW U.K. solar portfolio for £470 million.
In the past eight years under President Obama, the solar industry has advanced from a tiny niche market to the country’s largest energy employer – though more work remains to be done.
German renewable energy developer has acquired international PV power and storage specialist Belectric for a sum in the double-digit million dollar range, company comfirms.
The national trade group will work with the Solar Energy Finance Association to improve access to low-cost financing.
With massive market growth, the bankruptcy of SunEdison and the election of a pro-coal climate denier as president, 2016 really was the best and the worst of times.
After installing 198 MW in the first six months of the year, New Jersey’s solar market appears to have declined substantially in the final months of 2016.
The Norwegian developer and EPC has closed on the sale of the 104 MW-DC Utah Red Hills plant to Macquarie.
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