Court approves sale of SunEdison Australian, channel businesses to Flextronics
The contract manufacturer is buying SunEdison’s Australian business and a portion of its global channel business free of liens and claims.
NRG Yield to issue $350 million in bonds
The yieldco says that proceeds will be used to repay current borrowings, and may use the remainder to fund “acquisitions and investments”.
SolarWorld’s finalized Q2 financials confirm growth
The German PV manufacturer recorded significant growth in the company’s sales and revenues compared to the same period last year, while also returning to a positive operating result, although it had to revise down its preliminary results.
pv magazine USA weekly news roundup
A critical rate case in Arizona gets resolved, NRG moves to acquire SunEdison assets, SolarCity goes BIPV, downsizing at SMA and SunPower, results from SCTY, RUN & VSLR, and more…
Enphase switches CFOs
The microinverter leader’s change in financial management comes a week after the company reported its third consecutive quarter of losses.
NRG Yield reports healthy Q2 results
The yieldco of energy company NRG has also announced that it will acquire its parent company’s remaining stake in the 250 MW California Valley Solar Ranch (CVSR) plant.
New York Green Bank loans $37 million to Vivint Solar
Vivint Solar says that the loan will allow it to install solar on 8,250 homes in New York.
Vivint Solar refinances tax equity funds with $313 million loan facility
The company describes the loan as an alternative to bond securitization for its residential solar projects.
SunEdison tries to back out of paying interest on TerraForm notes
The renewable energy developer cites its bankruptcy but TerraForm plans to contest the change, and in the interim will pay the interest.
CleanCapital opens C&I solar portfolio to private investors
John Hancock has invested $21 million in debt to lead financing of the portfolio.
