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.
Global solar market to reach nearly 100 GW this year
Bernreuter Research forecasts that newly installed solar PV capacity will climb to 95 GW in 2017 and could hit 100 GW. Polysilicon spot prices set to fall by end of year.
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.
NEXTracker retains top spot among tracker makers
Figures released by GTM Research show that U.S.-based NEXTracker remained the global market leader for the second year running, although Indian and Chinese suppliers gained major headway as the market continues to globalize.
GTM Research: Global solar market to grow 9% in 2017
Increasing demand for solar power in China has prompted analysts to boost their 2017 estimates, forecasting an increase of more than 9% this year, with the annual global market reaching 85 GW.
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.
PVMA: 75 GW of solar PV installed globally in 2016
The PV Market Alliance has released its official solar installation figures for 2016, which show a 50% growth from 2015 with a total of 75 GW installed. This was mainly driven by a mammoth year of installations in China, although the future would seem less auspicious as the two biggest markets show signs of retraction.
TerraForm Global warns of continued losses for 2016
The yieldco’s first statement regarding its 2016 financials shows plenty of cash, but Global is remaining in the red overall.
TerraForm Power, Global warned with de-listing (again)
NASDAQ has sent letters to both yieldcos warning them that the failure to hold annual general meetings in 2016 serves as an “additional” cause for de-listing, after late financial statements.
