“Devastating” provision in tax bill could hobble solar, wind tax credits
Renewable energy trade organizations are scrambling to stop the BEAT provision, which could make it difficult to monetize the ITC and PTC, as the Senate’s tax bill hurtles towards a vote.
TerraForm Power announces billion-dollar bond refinancing
The yieldco is planning to replace $950 million in bonds due 2023 with $1 billion due up to 10 years from now, as its second major move this month to restructure its finances.
JA Solar to go private
JA Solar has signed an agreement to cancel its listing on the NASDAQ stock exchange and go private in an all-cash transaction.
SunEdison to sell up to $417 million in TerraForm stock
The company stands to make a pretty penny by getting out of TerraForm Power.
Sunrun surpasses Tesla/SolarCity in the third party solar market
According to numbers crunched by GTM Research, Sunrun supplied a larger volume of solar leases and PPAs than SolarCity, and if current trajectories continue will have a larger presence in the residential market in 2018 if not sooner.
TerraForm Power refinances with $350 million term loan facility
On the heels of its acquisition by Brookfield, the yieldco is putting its financial house in order.
Tennessee coalition wants the Tennessee Valley Authority to get with the solar program
Diverse interests in the Volunteer State have formed an umbrella group to compel the TVA to adopt policies and programs to allow more solar installations
Sunrun within striking distance of Tesla’s solar market share
Sunrun installed only 17% less solar than Tesla/SolarCity during Q3, as the only of the big three residential solar companies that is still growing
NRG Yield shows modest progress in Q3
The yieldco has closed on a drop-down of 38 MW of solar from NRG, and formed an investment partnership in $50 million of community solar projects.
New credit union specializing in PV and other clean energy loans opens up.
Clean Energy Credit Union, affiliated with the American Solar Energy Society, starts up online operations.
