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Finance

TerraForm Global warns of continued losses for 2016

The yieldco’s first statement regarding its 2016 financials shows plenty of cash, but Global is remaining in the red overall.

Sunnova broadens its zero-down loan reach

The EZ Own Loan program is designed to capitalize on the increasing desire of residential solar customers to own their systems without worrying about the trouble of maintaining them.

TerraForm Power, Global warned with de-listing (again)

NASDAQ has sent letters to both yieldcos warning them that the failure to hold annual general meetings in 2016 serves as an “additional” cause for de-listing, after late financial statements.

Sungevity loses acquisition partner, access to public capital

Easterly Acquisition Corp., who was supposed to provide Sungevity access to public-market funds, has cancelled the proposed acquisition it announced in June.

Innogy completes acquisition of solar and battery specialist Belectric

German renewable energy developer has acquired international PV power and storage specialist Belectric for a sum in the double-digit million dollar range, company comfirms.

SEIA to create finance advisory council

The national trade group will work with the Solar Energy Finance Association to improve access to low-cost financing.

Off Grid Electric secures $7.5 million in debt financing

The California-based provider of off-grid solar power in Africa rounded off an excellent 2016 for the company with a further $7.5 million in debt financing and a partnership with Rwanda’s national utility company, off the back of further expansion plans across Africa.

The solar coaster: pv magazine USA’s 2016 year in review

With massive market growth, the bankruptcy of SunEdison and the election of a pro-coal climate denier as president, 2016 really was the best and the worst of times.

Scatec sells off its last U.S. solar plant

The Norwegian developer and EPC has closed on the sale of the 104 MW-DC Utah Red Hills plant to Macquarie.

SolarCity raises another $241 million

Sammons Renewable Energy led the equity portion of the $241 million cash equity transaction, which closed last week.

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