Sky Solar launches investigation into former CEO
According to its most recent SEC filing, retained for purposes of handling potential litigation, the company halted trading on its shares on Tuesday, pending the outcome of its internal investigation of its former Chief Executive Officer Weili Su.
TerraForm Global Q4 results one more step towards Brookfield acquisition
The second of SunEdison’s two yieldcos is putting all of its ducks in a row as both companies prepare to be bought by the Canadian asset manager.
BNEF: Coal to fade as cost of renewables falls even faster
The latest long-term forecast from analysts Bloomberg New Energy Finance (BNEF) predicts solar energy costs to drop a further 66% by 2040, and onshore wind by 47%. Given these predictions, BNEF expect that renewables will undercut the majority of fossil based generation by 2030, even in India and China.
Apple takes another bite out of Climate Change with 2nd billion-dollar green bond
The tech giant’s latest investment in tackling climate change follows last year’s $1.5 billion green bond sale. Proceeds from this latest bond will be earmarked for eco-friendly projects, with solar at the forefront.
Sunnova snags $1 billion investment in first three months of 2017
Since 2012, the company has raised nearly $2 billion to support its business model of funding projects off its balance sheet.
Keystone Power Holdings launches $35 million solar fund
Keystone Power Holdings LLC has established a solar investment fund, KPH Solar Farms Fund I, to finance small-scale solar projects.
American Solar Direct swerves into chapter 7 bankruptcy
The California solar installer will likely be liquidated, after its liabilities mushroomed to at least 200 times its assets.
Vivint Solar gets $100 million in tax equity commitments
The U.S. residential PV company has boosted its tax equity coffers, and will use the funds to deploy 70 MW of residential PV capacity in the United States.
OPIC under investigation for loans to Chilean solar projects
An internal U.S. government watchdog is looking at the loans which kick-started large-scale solar in Chile, after at least three of five solar projects have made moves to restructure these loans.
EXCLUSIVE: Abigail Ross Hopper speaks out on Suniva
After strongly criticizing the U.S. International Trade Commission’s decision to the bankrupt module manufacturer’s petition for “global safeguard relief” from imports of crystalline silicon solar PV cells and modules, the president and CEO of the Solar Energy Industries Association (SEIA) agreed to talk further about her concerns with pv magazine.
