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.
The deal with USBCDC will enable an estimated $200 million worth of solar, and brings Sunnova to over $1.5 billion raised to date.
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.
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.
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%.
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.
The company appears to be making progress with its restructuring, as it continues to launch increasingly sophisticated home energy solutions.
The company’s acquisition of SunEdison’s wind and solar are helping to bring its balance sheet back towards the black.
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.
The Fortune 200 power company has partnered with a Canadian investment firm to acquire the U.S. utility-scale developer and IPP.
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