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Finance

CleanCapital opens C&I solar portfolio to private investors

John Hancock has invested $21 million in debt to lead financing of the portfolio.

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Sunrun raises another $45 million for its working capital facility

The residential solar provider has raised the volume of the facility to $250 million.

SolarWorld Q2 shipments, revenues rise, as legal troubles mount

SolarWorld has increased its Q2 2016 shipments 39% YoY, to 342 MW, in 2016. Revenues increased almost 30% for the quarter, to €222 million ($246 million), while achieving an EBIT profit of €20.5 ($22.7 million) million.

Ygrene expands its presence in Florida’s PACE market

The renewables and energy efficiency financing provider has been chosen as the financing provider for two more cities and a county in the Sunshine State.

Soligent partners with CleanFund to offer PACE financing for C&I solar

CleanFund’s SolarPACE program offers loans with up to 30-year terms, and can enable business owners to use the federal ITC to help pay off loans.

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Mercom: Total corporate funding for solar falls to lowest level in three years

Both private equity and debt funding were down significantly in Q2 and public market financing remains weak, but distributed solar project funds continue to boom.

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Sungevity to go public through acquisition by asset management firm

The fifth-largest distributed solar installer in the United States will now be traded on the NASDAQ, which is expected to give it a capitalization of $607 million.

Sunrun increases rooftop solar credit facility to $245m

The U.S. residential solar company has secured an additional $40 million in working capital from investors to support the expansion of its rooftop solar projects, especially the New York market.

Wacker Chemie partners with 1366 Technologies

The world’s second-largest polysilicon maker will provide the kerfless wafer startup with a $15 million equity investment, a supply of polysilicon and technical assistance.

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North American solar investors concerned about H2 oversupply

Deutsche Bank released some market analysis, addressing the concerns of North American solar investors, who fear a potential PV oversupply is on the horizon, changes to net metering policies, and rising Chinese competition. After an extremely impressive start to 2016, when solar dominated new power generation in the U.S., North American investors have been expressing some […]

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