Google to source 100% of its power from renewables in 2017
The tech giant says that next year all of its offices as well as its data centers will be powered by renewables. The company has signed 20 PPAs to date for a total of 2.6 GW.
OCI to sell Alamo 6 solar project for $385 million
The Texan/Korean developer has not said who it will sell the 110 MW-AC plant to.
TerraForm Power gives January deadline for bids, warns shareholders about its ability to continue
The yieldco says that bidders must provide firm pricing by a defined date in January, as it allows the offer of an expedited takeover by Brookfield and Appaloosa to lapse.
Sale of Verengo assets clears another hurdle
Since the company received only one bid for its more than 20,000 installed systems, the sale of them to Crius Energy is set to move forward
Some relief in sight? Firms create fund to alleviate distributed C&I backlog
Empower Energies combines its expertise with project operator WGL Energy Systems for the next two years to provide much-needed funding for an underserved market
TerraForm Power, Global forecast continued losses in 2016
While TerraForm Power and TerraForm Global are making progress in their separation from SunEdison, the two yieldcos continue to be plagued by losses and report that available cash for payouts to investors will be substantially reduced from previous estimates.
World’s cheapest solar power contract signed for Dubai mega-project
DEWA has signed a $29.90/MWh PPA with Masdar for the 800 MW third phase of the Mohammed bin Rashid Al Maktoum solar park.
BNEF: Betting on residual value is putting solar projects at risk
A research note from Bloomberg New Energy Finance warns of the danger to the latest wave of utility-scale projects with short power contracts at low prices.
NRG closes on 1.5 GW-AC of SunEdison wind, solar assets
The acquisition includes utility-scale solar projects in Utah, Texas and Hawaii as well as 29 MW of distributed solar in four states.
Tesla officially acquires SolarCity
The largest residential solar developer is now officially part of Elon Musk’s electric vehicle and battery empire.
