DOE report reveals solar now employs 374,000
In 2016, the industry maintained its status as the largest electricity-generation employer by a factor of two.
EDF snags PPA for 111.2 MW California solar plant
The Valentine Solar Project, located in Kern County’s Mojave Desert, is expected to start selling electricity to Southern California Edison in 2019.
BNEF: Global solar investment fell 32% in 2016
While much of this decline is due to lower system costs, it was a difficult year for the solar industry despite a 20% growth in installation capacity.
Altenex unveils new vehicle for short-term renewable power sales
The renewable energy procurement company’s “PowerBloks” give C&I customers the ability to buy power on more flexible terms.
Mercom: Total solar corporate funding falls 64% in 2016
It was not a pretty year for solar finance, but some sectors remained unscathed.
Brookfield bids to take over TerraForm Power, Global on the cheap
The Canadian asset manager’s latest offer is in line with TerraForm’s early January deadline for bids, and includes both buy-out and sponsorship options.
TerraForm Global warns of continued losses for 2016
The yieldco’s first statement regarding its 2016 financials shows plenty of cash, but Global is remaining in the red overall.
TerraForm Power, Global warned with de-listing (again)
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.
sPower Connects Nearly 500 MW to grid in 65 days
The independent power producer reached 1 GW of operating solar projects before the calendar turned to 2017.
TerraForm Power to sell UK solar portfolio for $581 million
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.
