Sky Solar launches investigation into former CEO
According to its most recent SEC filing, retained for purposes of handling potential litigation, the company halted trading on its shares on Tuesday, pending the outcome of its internal investigation of its former Chief Executive Officer Weili Su.
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.
BNEF: Coal to fade as cost of renewables falls even faster
The latest long-term forecast from analysts Bloomberg New Energy Finance (BNEF) predicts solar energy costs to drop a further 66% by 2040, and onshore wind by 47%. Given these predictions, BNEF expect that renewables will undercut the majority of fossil based generation by 2030, even in India and China.
Construction begins on 596 MW of solar in Florida
The eight projects being built by Black & Veatch and Blattner for FPL will greatly increase the state’s solar capacity and could catapult it into a leading solar market.
No child’s play: Hasbro to expand its 100% renewables mandate globally
For the past two years, the Rhode Island-based toy company has reached its goals of powering its U.S. operations with 100% renewable energy and carbon neutrality. Now it wants to bring that mandate to its global operations.
Updates to energy related bills in the 2017-2018 California legislative session
Stoel Rives’ Energy Team provides the latest update on the many solar and energy-related bills moving their way through the California legislature.
Deloitte says millennials are driving solar expansion
According to Deloitte’s annual “Resources 2017 Study – Energy Management: Sustainability & Progress,” grid parity, driven by technological advances and plunging prices, has allowed consumers and businesses to choose clean energy over more traditional fossil-fuel options, with increasing solar use being most consumers’ top priority.
Nevada governor to sign net metering revival bill tomorrow
Governor Sandoval’s signing of the bill in Las Vegas will put an end to a year and a half of market interruption after regulators he appointed abruptly scrapped the policy.
California’s residential, commercial markets show slight rebound in May (full report here)
OhmHome’s May Solar Index report shows solar permits in the Golden State rose 12% from April, with Arizona close behind with 10% growth.
Apple takes another bite out of Climate Change with 2nd billion-dollar green bond
The tech giant’s latest investment in tackling climate change follows last year’s $1.5 billion green bond sale. Proceeds from this latest bond will be earmarked for eco-friendly projects, with solar at the forefront.
