Finance

BNEF’s latest report on global clean energy investment trends finds a second quarter of slow investment in solar, with the U.S. market remaining interrupted.

Mercom’s Q1 2018 report shows only $2 billion raised during the quarter, a 2/3 fall from the previous quarter and a decline on a year-over-year basis.

The company says that the funding will enable it to acquire $1 billion in solar assets.

The R-PACE program, between 2010-2015, added 1.1 W of solar power per capita overall to larger cities in the Californian market. The Berkeley analysis suggests many of the projects wouldn’t have been built otherwise.

FirstEnergy Solution Corp’s recent bankruptcy filing has put a solar power purchase agreement (PPA) with an annual value of $8 million, and a non-cash book value of $40-48 million at risk.

The residential solar finance provider sees the capital covering approximately 9,000 solar loans at $25,000 each.

The Texas-based residential solar company has partnered with a group that focuses on long duration investments. Sunnova has raised more than $2.5 billion since 2012.

The Swiss bank will utilize the proceeds to refinance construction and operation of U.S. solar projects, and this could be the first of several issuances.

RGS Energy, which bought global rights to Dow’s Powerhouse 3.0 solar shingles, has seen its timelines slip for UL certification of the product.

A Delaware judge has decided that the probability that Musk had significant influence and control over Tesla’s board means the lawsuit should move forward.