Bank of America may be interested in bailing out SunEdison
Court documents reveal potential “enthusiastic interest” from the Charlotte, N.C. banking giant to provide money to the cratering solar installer.
New York’s REV process: More questions than answers
Progress is slow in terms of concrete details in New York’s Reforming the Energy Vision (REV) initiative, but some of that may be inevitable.
California regulators deny challenges to net metering
Requests for a re-hearing filed by the state’s three large investor-owned utilities have been denied.
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.
New York City sets new goals for solar and energy storage
In addition to the new 1 GW for solar target and the 100 MWh storage goal, the De Blasio administration is claiming significant reforms at Department of Buildings.
Massachusetts reveals draft of new solar incentive program
The proposed policy to follow SREC-2 will feature a bonus paid per kilowatt-hour delivered, through a declining block grant schedule. Details have not been finalized at this time.
TerraForm Power, Global in talks with SunEdison over more than $3 billion in claims
The two yieldcos are hoping to resolve suits with their sponsor, while they look for buyers.
Verengo Solar files for bankruptcy, will sell solar assets to Crius Energy
Using Section 363 of Chapter 11 bankruptcy laws, the troubled California solar installer hopes to regain its position as a major installer in California as well as expand nationally
Idaho puts online its first large solar project at 40 MW-AC
It’s the largest PV project in Idaho to come online to date, but has received little press.
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.
