SPI 2016: “Time for solar to grow up”
The time is now for solar to take a seat at the “adults’ table” and achieve scale within the U.S. energy marketplace. This was one of the key messages at the opening session of the Solar Power International trade show that kicked off in Las Vegas today.
SolarCity raises $305 million in cash equity transaction
This is the U.S. solar installers’ second cash equity transaction, and SolarCity says that it is a significant improvement over the first.
EnergySage market report shows big variations from national trends
Bids on the company’s solar marketplace show consumers are owning more systems, with bids much lower than the national cost per watt.
Sharp opens up $25 million in financing for SmartStorage installations
Sharp has announced a zero-down, $25 million initial-phase financing program for commercial solar plus its SmartStorage projects, including an industry-first 10 year service and performance guarantee.
Working together: the pv magazine USA weekly news digest
This week saw collaborations between nations and companies, some numbers on the U.S. energy storage market and progress in the carving up of SunEdison, as the solar industry prepares for the Solar Power International trade show.
SolarWorld partners with REC on commercial solar
REC will provide its commercial PPA, financing and various other forms of support to SolarWorld installers developing C&I projects, as part of its channel strategy.
D.E. Shaw, Madison Dearborn agree not to block the sale of SunEdison assets
The agreement removes a key hurdle to the carving up of SunEdison’s empire.
TerraForm Power holds on to SunEdison staff, changes terms on notes
The changes in terms on notes also include a requirement that companies buying up TerraForm stock take over the notes.
New faces and familiar faces: the pv magazine USA weekly digest
This week saw three new high-profile executive appointments, Berkeley Lab’s annual report showing ongoing solar cost collapses, progress on Tesla’s acquisition of SolarCity, and more.
Elon Musk, Rive brothers buy up SolarCity bond offering
Elon Musk, Peter Rive and Lyndon Rive have purchased $100 million of the company’s $124 million, high-interest bond issue.
