Brazil

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.

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.

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.

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.

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.

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.

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.

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.

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.

The move is a step toward regaining regulatory compliance, in advance of a potential purchase by Brookfield.