Microsoft to bypass PSE, buy renewables on the wholesale market in Washington
The tech giant has agreed to pay $24 million to the utility for the pleasure of circumventing its role.
BREAKING: Unsecured creditors challenge SunEdison settlement
In the seemingly unending saga that is the bankruptcy of SunEdison, its official committee of unsecured creditors filed objections to the plans to sell its shares in its two yieldcos, TerraForm Power and TerraForm Global.
Group asks Oregon AG to investigate solar sales practices
The Campaign for Accountability sent a letter to Oregon’s top law enforcement official asking her to investigate what it calls “false and misleading acts in the marketing and sale or lease of solar panels” in the state, the same day that SEIA launched an education campaign to combat shady sales practices by solar installers.
Former Sungevity employees file class action lawsuit
The lawsuit alleges that workers were not given the warning required under federal law, and attorneys are additionally enquiring about bounced paychecks.
Sungevity’s insolvency shows in employees’ checks
Today the final checks to Sungevity workers laid off without notice last week bounced, as the latest problem for the company and its former employees.
BREAKING: Authorities could lower Taiwanese import duties to single digits
A preliminary finding by the U.S. Department of Commerce could lower import duties first imposed on Taiwan solar cell manufacturers in 2014 from high double-digits to single digits, while tariffs on Chinese module and cell manufacturers imposed at the same time remain in place.
BREAKING: Brookfield takes over TerraForm Power, Global
Brookfield has agreed to acquire a 51% stake in yieldco TerraForm Power and plans to become the company’s sponsor, as well as acquiring TerraForm Global outright.
TerraForm, SunEdison settlement may be imminent
As a Friday deadline looms under the memorandum-of-understanding (MOU) between the two former partners, the exclusivity agreement with its Brookfield suitor had its deadline extended to March 6.
Gov. Jerry Brown: “California is not turning back on renewables”
California governor Jerry Brown struck a defiant tone in his State of the State adress earlier this week, rejecting many of the policies put forward by the new Trump administration and Republicans in Washington DC.
TerraForm Power, Global get serious with Brookfield
The two yieldcos have entered into an exclusive agreement with Brookfield towards a purchase of the company, and entered into an MOU with SunEdison towards settling lawsuits to enable this sale.
