TerraForm Power gives January deadline for bids, warns shareholders about its ability to continue
The yieldco says that bidders must provide firm pricing by a defined date in January, as it allows the offer of an expedited takeover by Brookfield and Appaloosa to lapse.
Environment America issues Block The Sun report
Despite solar’s growing role in electricity production in the United States, it often finds itself under attack by utilities threatened by its growth. A new report outlines strategies to fend off these attacks and keep the solar industry expanding
Illinois energy bill passes without demand charges or repeal of net metering
SB 2814 includes reforms to the state’s renewable energy mandate, which will now support an estimated 2.0 GW of solar by 2025, as well as a bailout for aging nuclear plants.
David Crane joins Vote Solar board
The visionary former CEO of NRG says that the advocacy organization plays a “critical” role.
Sale of Verengo assets clears another hurdle
Since the company received only one bid for its more than 20,000 installed systems, the sale of them to Crius Energy is set to move forward
Renewables rise to 15% of U.S. electricity generation in Q1-Q3 2016
While solar’s share of net U.S. generation was only 1.4%, this is a 40% increase from a year ago.
Some relief in sight? Firms create fund to alleviate distributed C&I backlog
Empower Energies combines its expertise with project operator WGL Energy Systems for the next two years to provide much-needed funding for an underserved market
TerraForm Power, Global forecast continued losses in 2016
While TerraForm Power and TerraForm Global are making progress in their separation from SunEdison, the two yieldcos continue to be plagued by losses and report that available cash for payouts to investors will be substantially reduced from previous estimates.
HECO sees significant uptick in self-supply applications
After protracted wrangling over solar adoption in Honolulu, the state’s citizens are taking matters into their own hands — joining a self-supply program that could show the way to NEM 2.0
Mercom Capital forecasts 13 GW of U.S. solar installations for 2016
Solar industry analyst Mercom Capital has reported encouraging annual solar installation forecasts of 76 GW across the globe for 2016, driven by record-breaking installation figures from China, while the anticipated slow-down in 2017 is now expected to be less dramatic than originally thought, with forecasts of 70 GW.
