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Finance

BREAKING: HelioPower files for Chapter 11 bankruptcy

The case, filed in U.S. Bankruptcy Court for the District of Nevada, shows the California installer has liabilities of up to $10 million, owed to up to 5,000 creditors.

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Out of Sungevity’s ashes, Solar Spectrum will rise using its assets and employees

The wind down of the former fifth-largest residential solar installer continues as its new owner purchases some of its contracts and promises to hire “a substantial majority” of the bankrupt company’s employees.

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Wacker says market environment for polysilicon is difficult

The German chemical company has said in its preliminary results for the first quarter of this year that polysilicon prices dropped significantly over the past weeks. Overall, the company expects to see its profits grow in 2017.

Trump tax cuts could hit solar project finance

A proposed cut in the corporate tax rate to 15% could sharply reduce the flow of tax equity into solar projects.

Sunnova uses portfolio to secure $615 million in funding

With the help of Credit Suisse, the residential solar company’s lease/PPA portfolio allowed it to close one of the largest funding rounds in the asset-backed securities market.

Breaking new ground

Central America’s solar boom: Central American nations have emerged from obscurity to a leading role in the deployment and integration of large amounts of renewable energy. But the Energy Transition in this region is just beginning.

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Wide landscape of solar loan providers in EnergySage market report (w/ charts)

As loans increasingly replace third party solar as the dominant business model for residential solar, the landscape of loan providers is also growing more diverse.

EnergyWakeup: Standard Solar’s Tony Clifford talks policy and business

As cooperation with SolarWakeup, pv magazine USA brings you a podcast by EnergyWakeup featuring Standard Solar’s Tony Clifford, who talks about SEIA, the acquisition of his company by Gaz Metro, and more.

BREAKING: Court approves Sungevity sale to Northern Pacific

A Delaware bankruptcy court judge yesterday approved the $50 million sale of the residential solar installer to private equity firm Northern Pacific Group.

Suniva files for chapter 11 bankruptcy

Two weeks after laying off 131 employees without notice and closing its module plant in Michigan, one of the largest U.S. solar manufacturers has filed for bankruptcy.

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