Enphase switches CFOs
The microinverter leader’s change in financial management comes a week after the company reported its third consecutive quarter of losses.
NRG Yield reports healthy Q2 results
The yieldco of energy company NRG has also announced that it will acquire its parent company’s remaining stake in the 250 MW California Valley Solar Ranch (CVSR) plant.
New York Green Bank loans $37 million to Vivint Solar
Vivint Solar says that the loan will allow it to install solar on 8,250 homes in New York.
Vivint Solar refinances tax equity funds with $313 million loan facility
The company describes the loan as an alternative to bond securitization for its residential solar projects.
SunEdison tries to back out of paying interest on TerraForm notes
The renewable energy developer cites its bankruptcy but TerraForm plans to contest the change, and in the interim will pay the interest.
CleanCapital opens C&I solar portfolio to private investors
John Hancock has invested $21 million in debt to lead financing of the portfolio.
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.
