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Mercom: Total solar corporate funding falls 64% in 2016

It was not a pretty year for solar finance, but some sectors remained unscathed.

Could solar help replace Indian Point generation?

In his Regional State of the State address in Manhattan, New York Gov. Andrew Cuomo bragged about the deal he reached to close the Indian Point Energy facility, a nuclear-power plant that generates 2 GW of electricity for New York city and Westchester County. Details on how he’ll replace the power, however, remain vague.

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Brookfield bids to take over TerraForm Power, Global on the cheap

The Canadian asset manager’s latest offer is in line with TerraForm’s early January deadline for bids, and includes both buy-out and sponsorship options.

ACC fixes net-metering grandfathering clause

Exactly three weeks after significantly altering net-metering in ways that could stunt future solar growth in the state, the Arizona Corporation Commission voted 4-1 to amend the way it will grandfather current solar customers under the new rules to remove a two- to three-week penalty the ruling accidentally imposed.

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Sunrun partners with National Grid to spread solar

The agreement includes a direct investment of $100 million by the utility to fund 200 MW of solar projects across the installer’s national portfolio.

Corporations covet clean-energy choices

A new report by the Retail Industry Leaders Association (RILA) and the Information Technology Industry Council (ITI) indicates businesses want to settle in states with good clean-energy infrastructures.

Sunworks opts for Sharp SmartStorage for C&I

Sunworks plans to offer zero-down financing for solar plus storage installations for commercial and industrial customers, utilizing SmartStorage lithium ion technology.

Third-party solar proves less popular in installer survey

The latest data from online solar marketplace provider EnergySage echoes other national trends in finding that installers are increasingly moving back to cash purchases, especially at smaller companies.

China continues dominance of global renewable energy

A new report examines China’s clean energy investments, which go well beyond its borders, as well as its increasing dominance of PV production and lithium ion processing.

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.

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