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Finance

Mercom: Total solar corporate funding falls 64% in 2016

It was not a pretty year for solar finance, but some sectors remained unscathed.

Brookfield bids to take over TerraForm Power, Global on the cheap

The Canadian asset manager’s latest offer is in line with TerraForm’s early January deadline for bids, and includes both buy-out and sponsorship options.

Sunrun partners with National Grid to spread solar

The agreement includes a direct investment of $100 million by the utility to fund 200 MW of solar projects across the installer’s national portfolio.

Third-party solar proves less popular in installer survey

The latest data from online solar marketplace provider EnergySage echoes other national trends in finding that installers are increasingly moving back to cash purchases, especially at smaller companies.

China continues dominance of global renewable energy

A new report examines China’s clean energy investments, which go well beyond its borders, as well as its increasing dominance of PV production and lithium ion processing.

TerraForm Global warns of continued losses for 2016

The yieldco’s first statement regarding its 2016 financials shows plenty of cash, but Global is remaining in the red overall.

Sunnova broadens its zero-down loan reach

The EZ Own Loan program is designed to capitalize on the increasing desire of residential solar customers to own their systems without worrying about the trouble of maintaining them.

TerraForm Power, Global warned with de-listing (again)

NASDAQ has sent letters to both yieldcos warning them that the failure to hold annual general meetings in 2016 serves as an “additional” cause for de-listing, after late financial statements.

Sungevity loses acquisition partner, access to public capital

Easterly Acquisition Corp., who was supposed to provide Sungevity access to public-market funds, has cancelled the proposed acquisition it announced in June.

Innogy completes acquisition of solar and battery specialist Belectric

German renewable energy developer has acquired international PV power and storage specialist Belectric for a sum in the double-digit million dollar range, company comfirms.

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