Three-year-old developer sPower sold for $1.6 billion
Nurtured by Fir Tree Partners since 2014, the fledgling utility-scale developer and IPP nets the hedge fund sponsor a windfall as it is sold to a Canadian-American joint venture.
SMA raises 2017 guidance
The leading inverter maker has increased its earnings forecast for the year to $1.06 – $1.12 billion as orders swell.
Solar materials demand boosts DuPont segment results
The chemical giant says that the growing PV market drove improved results in its electronics and communications division.
First Solar to re-start Vietnam factory for its Series 6
First Solar is scrambling to meet demand as the Section 201 case drives module hoarding, and may keep its Series 4 product running longer at its Malaysia plant.
Direct Energy quits residential solar
The company’s move is part of a trend of power companies getting out of the residential solar installation business.
Microsoft defects from utility to purchase renewable energy
With purchases planned to exceed Washington State’s RPS levels, Microsoft joins the trend of large technology companies buying clean energy on the open market.
Peter Rive to leave Tesla
The SolarCity co-founder has left to “explore other opportunities” two months after his brother and fellow SolarCity Co-Founder Lyndon Rive announced his departure.
