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.
U.S. energy storage MWhs double in 2016
A rush of projects to make up for grid resources lost with the Aliso Canyon gas leak boosted energy storage deployments to a record level in Q4.
Residential solar ownership now outpaces leasing (with charts)
According to new data by GTM Research, the ratio of solar leases and PPAs to full ownership flipped in the fourth quarter of 2016, when fewer than half of all new residential solar systems were operating under third-party arrangements – down from its 2014 peak of 72%.
Coalition for Community Solar Access adds members
The Coalition for Community Solar Access (CCSA) has now added nine new members: Borrego Solar, Distributed Sun, EWT, AES Distributed Energy, Westwood Professional Services, Relay Power, Lever Energy Finance, Solstice and GRID Alternatives. Solstice and GRID Alternatives are also CCSA’s first non-profit members.
Materion acquires Heraeus target materials business
German technology group Heraeus and U.S. company Materion Advanced Materials have announced the completion of the latter’s acquisition of the target materials business belonging to Heraeus.
GRID Alternatives adds Sunrun as another option for third-party ownership
The California Public Utilities Commission approved Grid Alternatives’ proposal to allow Sunrun to own and operate projects for the Single Family Affordable Solar Homes (SASH) Program.
TerraForm raises another $86 million for Ontario solar projects
The troubled yieldco has managed to raise additional capital for four solar projects in Canada, as the industry waits on word of its settlement with SunEdison and potential sale to Brookfield.
Tesla to finally close the door on Silevo
It’s been a long time coming, but Tesla’s annual report confirms that the SolarCity-Silevo romance has come to an end.
CUNY report looks at barriers to PV + storage in New York City
A lack of not only incentives but even compensation for the services distributed battery systems provide are among the barriers identified for mass deployment of solar plus storage.
Sun Action Trackers offers residential dual axis tracker
Sun Action announced that it has begun offering re-engineered models of its PST-2AL Dual Axis Solar Tracker that will sport reduced array fields of 20 to 25 modules, compared with 42 modules in the original design.
