BREAKING: Court approves Sungevity sale to Northern Pacific
A Delaware bankruptcy court judge yesterday approved the $50 million sale of the residential solar installer to private equity firm Northern Pacific Group.
Solaria demands jury trial in trade-secret theft lawsuit
In papers filed yesterday in the U.S. District Court for the Northern District of California (Oakland Division), the panel maker accuses three companies of stealing designs for its PowerXT modules and creating their own version, to the detriment of the company’s profits.
Suniva files for chapter 11 bankruptcy
Two weeks after laying off 131 employees without notice and closing its module plant in Michigan, one of the largest U.S. solar manufacturers has filed for bankruptcy.
Spruce Finance may be headed to a sale
The distributed solar and energy efficiency finance provider has neither confirmed nor denied that Goldman Sachs’ involvement involves a potential sale of the company.
OneRoof kicks CEO to curb as it settles arbitration case
To close a terrible, horrible, no good, very bad quarter, the troubled company saw its CEO resign, came to an agreement with a creditor and finally got around to paying (part of) its rent.
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.
Energy Secretary Rick Perry wants to know if solar is eroding the electricity supply
On Friday, the former fossil-fuel favoring governor ordered a study to see whether solar and wind development is making the electricity grid less stable.
Albuquerque to install over $25 million worth of solar on city buildings
The announcement builds on Albuquerque’s commitment to get 25% of its energy from solar by 2025.
Real estate constraints, finance are key problems for rooftop solar in Washington D.C.
A new report finds that the nation’s capital has the ability to host up to 2.5 GW of rooftop solar potential and looks at ways to reach that potential.
Solar Frontier sells 40 MW California solar plant to Dominion
The U.S. development unit of the Japanese CIS thin-film manufacturer has completed the sale of the 40 MW-DC Midway II project in California.
