Legal

Shareholder vote puts Brookfield closer to TerraForm Global acquisition

Settlement of securities lawsuits is the final step before the Canadian asset manager can consummate the acquisition of the second of SunEdison’s former yieldcos.

Solar appears mostly spared in House tax reform bill

The tax reform bill introduced in the House of Representatives will make only minor changes to the Investment Tax Credit, however changes to corporate taxes remain a wild card.

Tesla solar deployments plummet while energy storage rises

The nation’s largest residential PV installer deployed only 109 MW of solar during Q3, its lowest level in many years, but it did install 110 MWh of battery storage.

Muted reaction to USITC recommendations as groups scramble to divine details

After all the sound and fury that has surrounded the Section 201 trade action brought by petitioners Suniva and SolarWorld, reaction to the trade commissions preliminary recommendations has been oddly subdued.

Suniva secures an additional $3 million in financing

A bankruptcy court has approved the additional loan, which should allow the main creditors of the bankrupt cell and module maker to continue their pursuit the Section 201 case.

Shareholder vote clears the way for Brookfield acquisition of TerraForm Power

The pioneering solar & wind yieldco will be majority owned by Brookfield on October 16, and a shareholder vote for fellow yieldco TerraForm Global appears to be underway.

FERC: Renewable energy investors can skip Section 203 prior approval

In a petition before the commission, tax equity providers said the intense scrutiny of passive investors was holding up renewable energy projects – and the federal commission agreed.

Challenges to the bailouts: An interview with Jason Johns of Stoel Rives

In this interview Stoel Rives Partner Jason Johns explains the shaky basis that Energy Secretary Perry’s attempt at a bailout for coal and nuclear plants rests on, what the potential impacts are for solar, and what sort of legal challenges he expects.

Tesla resolves Justice Department inquiry for $29.5 million

A 5-year investigation regarding claims that SolarCity inflated the value of PV systems to game a federal cash grant program has finally been put to rest.

Level Solar employees strike back, alleging no WARN-ing in lawsuit

Workers at the New York solar installer that tried to disappear without a peep last week have filed a class action lawsuit against the firm, alleging that it violated the federal Worker Adjustment and Retraining Notification Act (WARN Act)

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