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Finance

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.

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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.

Sunlight Financial receives $130 million cash infusion

The provider of residential solar loans joins forces with Route 66 Ventures to grow its product portfolio, improve its operations center and expand its partner network.

AES dives deeper into clean energy with SPower acquisition

The Fortune 200 power company has partnered with a Canadian investment firm to acquire the U.S. utility-scale developer and IPP.

Array Technologies to supply trackers for Facebook solar plants in New Mexico

The three 10 MW plants will be built by Affordable Solar, and will help Facebook’s new data center to go 100% renewable.

SolarCity drags down Tesla’s Q4 results

The EV, battery and now solar company fell into the red in Q4 concurrent with the acquisition of SolarCity, as it begins making batteries at its Gigafactory and prepares for Model 3 roll-out.

Enphase finalizes $50m refinancing package

Extension of long-term loan facility with Tennenbaum Capital Partners used to pay-down Wells Fargo line of credit and support Enphase’s expansion efforts for its home energy solution.

240,000 more California homeowners now eligible for PACE

The HERO program, through which homeowners can finance PV systems and energy and water improvements, expanded to 28 more California communities this week.

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