SunPower, First Solar close on sale of yieldco 8point3
The sale brings in $240 million for First Solar and $360 million for SunPower, as both companies re-focus on manufacturing. Capital Dynamics now owns the yieldco.
Innogy to develop 440 MW solar pipeline in the US southeast
Innogy’s US subsidiary will gain exclusive rights for the acquisition of 13 solar PV projects currently owned by North Carolina’s Birdseye Renewable Energy. The projects have a cumulative capacity of 440MW and are at various stages of development.
Texas to get its largest battery, coupled with its largest solar power plant
Vistra Energy plans to add a 10 MW / 42 MWh lithium-ion battery to the 180 MW-AC Upton County Solar 2 solar power plant. The energy storage project is scheduled to come online in Q4 2018.
West of the Pecos Solar sells 50 of its 100 MW
E.ON’s first move into the Texas solar power market is a 100 MW-AC solar project located in West Texas. The company announced an agreement to sell 50 MW-AC worth of the output to SK E&S Co, one of South Korea’s largest energy companies.
GCL signs a 110 MW solar power contract in Colorado (project layout, hardware included)
GCL’s “Overseas Seeding Initiative” has landed in Brighton, Colorado – dropping in over 330,000 solar panels on single axis trackers.
Consumers Energy pledges 5 GW of solar by 2030
Details are sparse, but the Michigan utility plans to put the first plant online in 2021, as part of a commitment to reach 43% renewable energy by 2040.
Arizona’s dirty energy politics
An ad being run by a PAC supported by APS is using images of violent felons to scare voters away from a clean energy initiative. But this is nothing new.
SunPower and Enphase team up with microinverter acquisition
Through the deal SunPower gets $25 million and stock; however the bigger deal may be Enphase’s right to be the company’s exclusive residential inverter supplier.
Tesla to lay off 9% of workforce, quit Home Depot
The company will return to selling solar primarily through its stores and online.
Texas developer sells solar portfolio for $100 million
Fengate Real Asset Investments announced a $100 million equity commitment and co-development partnership with Texas-based PowerFin Partners, along with the acquisition of a 9.1 MW portfolio of operating solar projects in Austin and San Antonio.
