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.
DOE Secretary Moniz’s exit memo extolls solar progress
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.
Innogy completes acquisition of solar and battery specialist Belectric
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.
SEIA to create finance advisory council
The national trade group will work with the Solar Energy Finance Association to improve access to low-cost financing.
The solar coaster: pv magazine USA’s 2016 year in review
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.
