SunPower borrows $110 million to refinance
The PV maker plans to pay off the high-interest mezzanine loan with revenue from its residential lease portfolio.
Silfab plans 150 MW back contact module line in the United States
The Italo-Canadian PV maker is the latest company to announce U.S. manufacturing plans, and will also add 150 MW of back contact module capacity at its Canadian facilities
Saudis may take Tesla private
Elon Musk has revealed that a Saudi sovereign wealth fund has approached him with a definite offer, and has announced advisors as the company forms a special committee.
Duke to upgrade pumped-storage station to accommodate renewables
The energy giant is upgrading its Bad Creek pumped hydro storage facility from 1,000 to 1,300 MW.
Enphase finalizes purchase of SunPower mincroinverter business
The deal gives SunPower $25 million in cash and 7.5 million shares in Enphase. Enphase also gains access to SunPower microinverter IP, and rights to SunPower’s Equinox AC modules line.
Hanwha Q Cells’ U.S. factory planned to complete ramp in Q1 2019
The company has declined to reveal further information about the facility.
I got 99 problems, but a bill of materials isn’t one
DNV GL reveals how important it is that solar power project developers consider the full solar module bill of materials when choosing a product.
Musk wants Tesla private – it’s our fault
Elon Musk says he’s secured funding at $420 per share to take Tesla private. His letter to employees points toward short sellers and propaganda peddlers causing stock price volatility.
32% tandem cell solar still competitive at triple the price
ASU researchers have determined that a 32% efficient perovskite-silicon tandem cell could produce electricity at the same price as cutting-edge 22% efficient panels in the most cost-competitive of situations.
Inverter makers plan alternatives to avoid potential 25% tariffs
Several inverter makers could be hit by the Trump Administration’s move to increase tariffs on imports including inverters from China, but many are already shifting manufacturing to other locations.
