Terraform Global refinancing suggests yieldco health
The yieldco has refinanced a 9.75% debt package due in 2022 into a 6.125% debt package due in 2026. The financing covers various portions of just over 1GW of solar, wind and hydro projects.
Solar tracker market could reach 20 GW this year
GTM Research says last year’s record levels of global solar tracker shipments will be surpassed in 2018, as Latin America displaces the United States as the largest market and NEXTracker holds on to the top spot.
Battery storage challenges: Materials, longevity and project management
An academic event held last week in the U.K. presenting the results of two major research projects on energy storage provided an update on the current and future directions of battery storage technology and development.
Trump opens the door for specific products to be excluded from tariffs
The President’s proclamation provides a path for specific products to apply for exemption from tariffs, which had been sought by both SunPower and the government of Korea. Additionally, imports from a number of developing nations are exempt as long as import levels remain small.
IEA explores paths to PV and wind integration
The International Energy Agency has released a manual for policy makers on the issues involved in the large scale integration of solar and wind power into power grids.
Shareholder vote puts Brookfield closer to TerraForm Global acquisition
Settlement of securities lawsuits is the final step before the Canadian asset manager can consummate the acquisition of the second of SunEdison’s former yieldcos.
Soltec grows U.S. presence
The tracker maker has deployed 299 MW of its systems in the United States this year, as part of a global gain in market share.
TerraForm Global Q4 results one more step towards Brookfield acquisition
The second of SunEdison’s two yieldcos is putting all of its ducks in a row as both companies prepare to be bought by the Canadian asset manager.
BREAKING: Brookfield takes over TerraForm Power, Global
Brookfield has agreed to acquire a 51% stake in yieldco TerraForm Power and plans to become the company’s sponsor, as well as acquiring TerraForm Global outright.
TerraForm Global releases overdue Q2 2016 results
The move is a step toward regaining regulatory compliance, in advance of a potential purchase by Brookfield.
