The yieldco of First Solar and SunPower saw second quarter performance beat CAFD guidance, generating revenue of $13.5 million and lowering net losses to just $0.2 million.
The fifth-largest distributed solar installer in the United States will now be traded on the NASDAQ, which is expected to give it a capitalization of $607 million.
California is leading the way with inventive ways to deploy solar technology, as not only will San Francisco’s bus stops be lit up with solar lanterns, but the HERO program has hit another major milestone, making energy savings equivalent to closing two coal power plants for a year.
Obama, Trudeau and Peña Nieto will be presenting the target, which will include nuclear and carbon capture and storage, at a summit of the three leaders.
The U.S. residential solar company has secured an additional $40 million in working capital from investors to support the expansion of its rooftop solar projects, especially the New York market.
The troubled and bankrupt renewable energy firm announces the appointment of Philip Gund as its new chief financial officer a week after CEO Ahmad Chatila resigned.
Analysis by IHS reveals how the three solar firms captured almost half of the operations and maintenance market last year, which grew to more than $300 million.
GTM Research and the U.S. solar trade group forecast that Texas will install 4.6 GW of solar PV over the next five years, nearly all of which will be utility-scale.
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