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Finance

Tesla, SolarCity set November 17 as date for shareholder votes

The moment of truth is coming for the consolidation of Elon Musk’s clean energy empire.

Mercom: Partial recovery in solar investment during Q3 (with charts)

Mercom Capital’s Q3 report shows a significant increase in investment levels from last quarter, but funding is still down across the board compared to a year ago.

Boom time: the pv magazine USA week in review

It’s a complicated time in the U.S. solar industry, with a booming market for utility-scale solar and increasing public interest, but also collapsed PV module prices and shifts in production.

Altus Power America raises $200 million from Wall Street

Goldman Sachs, Global Atlantic Financial Group and Blackstone subsidiary bet heavily on Altus’ future as a solar developer.

sPower raises $786 million for nine solar projects

This combination of tax equity and debt financing will support 339 MW of solar capacity in Southern California, for a total of $2.32 per watt.

Macquarie acquires 80 MW-AC solar project in Utah

Scatec Solar’s Red Hills solar project is MREH’s eight solar facility.

Sometimes you win: the pv magazine USA week in review

This week we saw policy wins in California and New York City, as well as some good signs from Nevada and a promising policy in Massachusetts – not to mention documentation of a big fall in solar costs.

SolarCity raises another $347 million, switches CFOs

Tanguy Serra will be stepping down from his post as president as well at the end of the year.

SoCore outlines deal to buy 22 SunEdison projects in Minnesota

In a filing in the U.S. Bankruptcy Court in the Southern District of New York, the president of SoCore Energy discussed the nearly $80 million deal.

Enphase Energy to trim workforce by 11%, embarks on $20m cost-cutting drive

U.S. microinverter specialist announces restructuring and cost savings initiative that will see the firm reduce its global workforce by around 11% and cut annual operating expenses by $20 million.

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