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Finance

NRG Yield cautiously acquires more solar

The yieldco of energy giant NRG reported strong results for Q3, and expects to acquire former SunEdison assets NRG snatched up in a fire sale.

Enphase grows Q3 revenue & shipments, but losses persist

The microinverter specialist stems recent downward trend, posting solid Q3 revenue of $89 million and increasing microinverter shipments to 869,000. AC Battery rollout boosts performance.

Tesla, SolarCity stress financial, operational benefits in advance of merger vote

Elon Musk and Lyndon Rive are arguing that SolarCity will bring cash in to Tesla’s balance sheet, while shareholders wait for the solar installer’s results call.

NextEra Energy Resources expects continued growth in renewable energy portfolio

The earnings call signaled continued steady expansion of its solar asset collection, in line with estimates from the second quarter

Bankruptcy court approves GCL purchase of SunEdison FBR polysilicon tech

The acquisition narrows the number of companies that are developing FBR, and further consolidates the transfer of this technology to Chinese companies.

Tesla breaks into the black in Q3 results

The EV and battery maker maintains that its battery gigafactory will be ready to support Model 3 rollout in H2 2017, three weeks before a shareholder vote on the acquisition of SolarCity.

D.E. Shaw proposes to take over as TerraForm sponsor

The renewable energy investor says that the taking TerraForm off SunEdison’s hands could allow the company to recover.

Sonnen receives further $85 million investment

The German company announced that it has secured USD 85 million in growth capital, some of which came from two new partners, which will help the company consolidate its healthy position further in the booming energy storage market.

Landmark buys 4,000 acres under solar PV projects in California

Under the terms of the agreement, expected to close in the fourth quarter, Recurrent Energy will lease the land from Landmark for four utility-scale solar PV projects.

SEC investigates SunEdison

A subpoena from the federal financial regulator adds to an ongoing Department of Justice investigation in the list of the company’s legal troubles.

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