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Finance

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.

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.

Florida regulators clear the way for Vivint’s solar lease

Vivint Solar has joined other national residential solar companies in the Florida market as state regulators confirm that their solar lease contract does not violate state law by constituting the sale of electricity.

Virginia approves largest solar power plant east of the Rockies

Virginia regulators have approved construction of the four part solar power plant, whose output is partially being sold to Microsoft. The 500 MW-AC facility is being developed by sPower.

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.

1

Sunrun hits new heights in Q2 results

The quarter’s 91 MW is the highest volume deployed to date and confirms its place as the nation’s largest residential solar company, as new IRS rules provide benefits beyond 2020.

3

What is Elon Musk thinking?

In this post Rob Peters of Intelligize analyzes the possible securities law ramifications of Elon Musk’s Twitter announcement that he may take Tesla private.

5

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.

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Vivint Solar on a growth path again in Q2

The residential solar company unveiled a novel financing deal and grew installations and bookings, but is still struggling to reduce installation costs.

Valmont acquires 75% stake in Italian tracker provider Convert

Valmont’s global manufacturing capabilities and utility customer base is expected to help the Italian company expand activity and market share.

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