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Finance

Vivint Solar installations decline in Q4

While the residential solar company has greatly improved its access to capital, its volume installed fell 21% year-over-year.

Tesla to issue $1 billion stock & convertible bond offering

The EV, solar and battery company has filed to issue $750 million in convertible notes and another one million shares of stock in advance of its Model 3 roll-out.

Sungevity’s insolvency shows in employees’ checks

Today the final checks to Sungevity workers laid off without notice last week bounced, as the latest problem for the company and its former employees.

Sunnova breaks into tax equity with $80 million deal

The deal with USBCDC will enable an estimated $200 million worth of solar, and brings Sunnova to over $1.5 billion raised to date.

Trina Solar goes private

The Chinese PV maker has completed its merger transaction and will now become a private company. Trading of Trina’s shares on the NYSE have been suspended pending de-listing.

BREAKING: Brookfield takes over TerraForm Power, Global

Brookfield has agreed to acquire a 51% stake in yieldco TerraForm Power and plans to become the company’s sponsor, as well as acquiring TerraForm Global outright.

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Residential solar ownership now outpaces leasing (with charts)

According to new data by GTM Research, the ratio of solar leases and PPAs to full ownership flipped in the fourth quarter of 2016, when fewer than half of all new residential solar systems were operating under third-party arrangements – down from its 2014 peak of 72%.

TerraForm raises another $86 million for Ontario solar projects

The troubled yieldco has managed to raise additional capital for four solar projects in Canada, as the industry waits on word of its settlement with SunEdison and potential sale to Brookfield.

Enphase narrows losses in Q4 results

The company appears to be making progress with its restructuring, as it continues to launch increasingly sophisticated home energy solutions.

3

NRG’s renewable investments begin to pay off

The company’s acquisition of SunEdison’s wind and solar are helping to bring its balance sheet back towards the black.

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