TerraForm Power closes $1.2 billion bond deal
The funds from the transaction will be used to pay off $950 million in notes due in 2023.
Four Hawaii counties commit to 100% renewables in transportation
Electric buses, electric rail and EV fleets will be powered by renewable energy and batteries by 2045. This includes in the state’s largest city, Honolulu.
ET Solar Inc. files for bankruptcy
A U.S. module sales subsidiary of the Chinese PV module maker and developer has quietly filed for bankruptcy. Details are sparse, but the company’s U.S. project development and construction subsidiary has not been affected.
Schneider Electric to go 100% renewable by 2030
The French energy management and automation company plans to use on-site projects, contracted off-site projects and clean energy credits to meet its new 100% goal.
Broad coalition unveils $17.6 billion plan to rebuild Puerto Rico’s grid
Under the leadership of New York Governor Andrew Cuomo, the Puerto Rico Energy Resiliency Working Group (PRERWG) released a 63-page plan to build a more resilient power system for the U.S. territory, following the devastation by two hurricanes earlier this year.
Resistance to LePage’s solar policies grows in Maine
Environmental groups are pushing back on both the dismantling of net metering and increased interconnection fees on solar owners, in the courts and in public hearings.
Why design flexibility matters for residential storage
In this op-ed Michael Mahon of SMA explores design of energy storage systems, contrasting the advantages and disadvantages of AC vs. DC coupling.
Energy Secretary Perry grants FERC 30-day extension to craft coal, nuke bailout
The commission now has until January 10 to create the “Grid Resiliency Pricing Rule” the Secretary demanded in September, but Perry said he will examine all available remedies as FERC continues its work.
Conference Committee to meet Wednesday on tax reform without Grassley
The fate of the controversial “BEAT” provision and other potentially damaging measures to renewable energy finance remains unclear.
Canadian Solar considers going private
Canadian Solar Inc. has received a proposal from Chairman, President and CEO Dr. Shawn Qu, under which he offers $18.47 per share. The move would follow that of Trina and JA Solar.
