The yieldco’s first statement regarding its 2016 financials shows plenty of cash, but Global is remaining in the red overall.
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.
Albuquerque-based Rio Grande Renewables has complete what is being call the largest microgrid in Central America, a 276 kW/500 kW PV+storage project in Alajuela, Costa Rica.
The yieldco’s overdue filing of its 2015 financial report is a step towards compliance with NASDAQ trading rules; however TerraForm Global’s losses exceeded its revenue in 2015 and the company has warned that it may not be able to continue.
The German-based tech group has been commissioned by the EPC to provide monitoring and supervision technology to the Oriana solar plant, which is the largest in the Caribbean.
In the face of likely Trump Administration assaults on clean energy, the outgoing Obama Administration is firing all guns to support renewable energy and innovation projects.
The German inverter manufacturer has reached the impressive landmark of installing 10 GW of solar inverters across North America, after an incredible installed capacity increase of 33% in less than a year, all the while Chinese competitors challenge its market share supremacy.
The renewable energy investor says that the taking TerraForm off SunEdison’s hands could allow the company to recover.
EDF Renewable Services (EDF RS), of San Diego, announces that they recently assumed the Asset Management and O&M services on a portfolio of solar photovoltaic projects totaling 200 MW.
SunEdison’s two yieldcos have released preliminary Q2 results as the companies delay being de-listed and consider taking offers.
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