Oaktree Capital reported to buy $400 million of Sunnova debt
The troubled residential solar installer issued a going concern warning earlier this month.
Sunrise brief: Residential solar installer Lumio files for bankruptcy
Also on the rise: Trinasolar US displays 2000 V module, trackers, energy storage and more. U.S. DOE announces $125 million to fund two Energy Innovation Hubs. And more.
Suniva and Heliene partner to produce all U.S.-made solar modules
Under a three-year sourcing contract, Suniva will supply domestically manufactured solar cells to Heliene for incorporation into its solar modules.
Sunrise brief: North Carolina appeals court weighs critical rooftop solar decision
Also on the rise: Publicly traded solar installer Sunworks files for bankruptcy. New York Power Authority seeks proposals for 5.2 MW solar project. And more.
Publicly traded solar installer Sunworks files for bankruptcy
The residential, commercial, industrial, and agricultural solar installer files for bankruptcy amid troubled macroeconomic conditions for distributed solar nationwide.
Sunrise brief: Treasury and IRS released proposed 45V guidance on credit for hydrogen production
Also on the rise: All I want for Christmas is one terawatt of solar deployed annually. 75% of California solar companies are high risk, more bankruptcy on the way. And more.
Puerto Rico cannot afford to repay any of utility PREPA’s debt, says analyst
To rebuild its grid with renewables, Puerto Rico cannot afford to repay the legacy debt of bankrupt utility PREPA through proposed higher electric rates, an analyst said.
Hanergy subsidiary Solibro Hi-Tech is liquidated
No potential investor could be found to take over the thin-film solar business. Insolvency proceedings started a few days ago and the business operations of the CIGS thin-film company were finally halted.
The largest private coal company in the United states just went bankrupt
Despite promises by Trump to save the coal industry, the crisis in the coal sector is clear. Solar, wind and batteries have a world to gain.
