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.
Puerto Rican school benefits from sonnen microgrid
The rest of the U.S. citizenry appears to have forgotten about Puerto Rico and the suffering of its people (also U.S. citizens) – but companies like sonnen and Pura Energía are working to return electricity to critical infrastructure projects like schools.
GCL, Canadian Solar, First Solar show biggest solar pipelines
GCL, Canadian and First Solar are reporting the largest project pipelines in GTM Research’s ranking of global developers, however it is unclear how Section 201 duties will affect Canadian Solar as well as No. 4 developer SunPower.
SunPower continues to bleed red ink
Due largely to write-downs the high-efficiency PV maker lost a whopping $750 million during Q4 2017, as it sells off assets.
OPIC funds $253 million in overseas solar during 2017
The U.S. government’s lender for U.S. interests operating in developing markets increased clean energy financing in 2017, despite the arrival of the Trump Administration and an ongoing investigation.
PREPA prepares privatization push
In accordance with the announced plans of Puerto Rican Governor Ricardo Rosselló, the island utility’s Governing Board unveiled its vision of the future late last week.
Power, to the people
Puerto Rico: The devastation wrought by Hurricane Maria on the island of Puerto Rico was vast and indiscriminate. Reporter Daniella Cheslow visited some of the areas most badly affected and found a shredded grid, a rising demand for energy independence, solar and storage, and a heartening reminder of humankind’s capacity for kindness, endurance and determination.
Tesla shows interest in Chilean lithium
The head of the Chilean Economic Development Agency (Corfo), Eduardo Bitran said that Tesla may partner with local lithium manufacturer SQM in the construction of a factory. The Chilean government and SQM have recently settled a dispute that began in 2014.
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.
