Silicon Ranch raises $55 million in equity financing
The latest round of financing brings the total raised in 2016 to $165 million, which allows the company to pursue an aggressive growth strategy moving forward.
Enel acquires U.S. storage company Demand Energy
Through its subsidiary Enel Green Power North America, Italian multinational Enel Group has announced the acquisition of a 100% stake in Demand Energy, a U.S. company specializing in intelligent software and storage systems.
BNEF: Global solar investment fell 32% in 2016
While much of this decline is due to lower system costs, it was a difficult year for the solar industry despite a 20% growth in installation capacity.
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.
