Finance

Renovate America secures $200 million to expand HERO

The influx of cash is the latest progress for the nation’s largest PACE provider, which expanded to more communities in Missouri last week.

NYSERDA offers toolkit for navigating payments to local governments

The toolkit is designed to help local municipalities understand and negotiate payment-in-lieu-of taxes agreements with solar developers.

EDF acquires 179 MW-AC of Nevada solar from First Solar

The renewables arm of the French energy giant has bought the Switch Station 1 and Switch Station 2 projects for an undisclosed sum.

NRG does (another) u-turn on renewables

The power giant is embracing a business plan that includes selling 50-100% of its renewables business and yieldco NRG Yield as part of a massive unloading of assets and investments.

U.S. Department of Energy backs solar with further $46 million for SunShot Initiative

The funding is for 48 identified solar projects spanning two SunShot programs designed to advance solar power technologies in the U.S.

SolarWorld Americas receives $6m cash lifeline

The U.S. arm of the troubled solar power company can expect to receive a $6 million infusion of cash from its lenders, which have also permitted the sale of non-operational assets.

Report: Global corporate funding of solar reached $4.6 billion in first half of 2017

Despite a robust first quarter, Mercom CEO Raj Prabhu says the uncertainty surrounding the Suniva trade case caused a dip in the second quarter and could have devastating effects going forward.

#Solar100’s Danny Kennedy: The Most Interesting Man in Solar

As the first interview in the #Solar100 Thought Leaders series, kWh Analytics Founder Richard Matsui speaks with Sungevity co-Founder and Managing Director of the California Clean Energy Fund Danny Kennedy.

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G20 nations dragging their heels on low-carbon transition, reports find

Study from Climate Transparency shows that while green finance among G20 nations has been stepped up, legacy commitments to fossil fuels mean countries will miss “well below 2 degree” warming limit set at Paris Agreement. Fossil fuel spending still four times higher than renewable spending, Oil Change International report also finds.

Yieldco 8point3 in holding pattern pending strategic review

The solar project holding company continues to shell out generous dividends, but project acquisition is on hold pending conclusion of the company’s strategic review.

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