Brookfield, Appaloosa propose expedited buy-out of TerraForm Power, Global
The two companies say they are willing to sign a contract for TerraForm by December 6 to avoid an additional payment to bondholders under the consent solicitation.
Soltage, Basalt close on $70 million in equity for C&I, utility solar
The two companies expect to close on another $70 million in the first half of 2017, with the total $140 million to fund 100 MW of utility and C&I solar projects.
First Solar to ramp Series 6 production in 2018, lay off 1,600 workers
The thin-film maker has announced a shift in strategy which will eliminate its Series 5, reduce 2017 output to 2.2 GW, and in the process dismiss 27% of its global workforce.
EnergySage begins offering loan products directly
While installers on the company’s online solar marketplace had previously offered loans, EnergySage will now being offering loans directly from three providers.
GTM Research: Purchases to overtake third-party residential solar in 2017
GTM Research expects the declining market share of residential solar leasing and power purchase agreements to continue in coming years, with loans and direct purchases overtaking third-party solar as the dominant market in 2017.
sPower closes on $434 million in financing for California solar projects
The text equity and debt will support 183 MW-DC of solar in Kern County
Going out in a blaze: DOE announces clean energy financing & projects
In the face of likely Trump Administration assaults on clean energy, the outgoing Obama Administration is firing all guns to support renewable energy and innovation projects.
SunEdison pushes back on TerraForm settlement proposal
SunEdison under restructuring officer John S. Dubel has put out a note to “clarify” its position on the settlement process, which may not be entirely easy.
Cypress Creek Renewables snatches up FLS Energy
The California-based solar developer is strengthening its presence in the Carolinas, as well as its EPC offerings.
Brookfield proposes takeover of TerraForm Power
The Canadian asset manager has proposed to either take over as the sponsor or buy the company outright.
