FYI – Page 5

Renewables JV Between GE And Enel Will Become 50/50

Posted by Joseph Bebon on November 21, 2016

Enel SpA – through its U.S.-based renewables subsidiary, Enel Green Power North America Inc. (EGPNA) – has signed a letter agreement with GE Energy Financial Services in which EGPNA would sell a 1% stake in EGPNA Renewable Energy Partners LLC [Read More]

Power Factors Acquires Software Developer Ekhosoft

Posted by Joseph Bebon on November 18, 2016

Power Factors LLC, a software provider for monitoring, managing and optimizing renewable energy assets, has acquired software developer Ekhosoft Inc. from Bay4 Energy Services, a solar and energy storage asset management company. Terms of the deal were not disclosed. Steve [Read More]

Soltage Nets $140M Investment To Fund 100 MW Of Solar

Posted by Joseph Bebon on November 17, 2016

New Jersey-based solar company Soltage LLC and Basalt Infrastructure Partners LP  have announced the first close of $70 million on a $140 million equity capital partnership to fund over 100 MW of commercial and industrial (C&I) and utility pipeline solar [Read More]

PACE Provider Ygrene And Soligent Partner On Solar Financing

Posted by Joseph Bebon on November 16, 2016

Ygrene Energy Fund Inc., a provider of residential, multifamily and commercial property-assessed clean energy (PACE) financing, and Soligent, a pure-play solar distributor in the U.S., have announced a strategic agreement to expand services and increase access to solar financing and [Read More]

SunPower Expands Partnership With Nonprofit GRID Alternatives

Posted by Joseph Bebon on November 15, 2016

Vertically integrated solar company SunPower Corp. has announced a new commitment to U.S. nonprofit solar installer GRID Alternatives under which SunPower will donate more than 2 MW of its solar panels over a three-year period. The expanded partnership is expected [Read More]

Cypress Creek Renewables Acquiring FLS Energy

Posted by Joseph Bebon on November 11, 2016

Cypress Creek Renewables has signed an agreement to acquire Asheville, N.C.-based solar developer FLS Energy. Terms of the deal were not disclosed. Cypress Creek says the move comes at a time of significant growth for the company and represents the [Read More]

Partners Establish North American Solar Lending JV

Posted by Joseph Bebon on November 10, 2016

MMA Capital Management LLC has entered into an agreement with an affiliate of TSSP, a special situations investment platform, to form a solar lending joint venture. The joint venture will operate under the name Renewable Energy Lending LLC (REL) and [Read More]

Vivint Solar Locks In $200M Of Tax Equity Financing

Posted by Joseph Bebon on November 09, 2016

Residential solar provider Vivint Solar has secured tax equity commitments from three investors totaling $200 million. The company says these tax equity commitments will support investments in solar projects with a total value of over $480 million and will enable [Read More]

Energy Company AES Searches For Inspection Drones

Posted by Joseph Bebon on November 08, 2016

The AES Corp. is launching an open innovation contest targeted at improving the safety and increasing the availability of power plants through unmanned inspections in extreme heat. AES, a Fortune 200 global power company, provides energy to 17 countries through [Read More]

ReneSola Receives Notice From New York Stock Exchange

Posted by Joseph Bebon on November 08, 2016

ReneSola Ltd., a China-based integrated solar manufacturer and developer, has announced it received notice from the New York Stock Exchange (NYSE) on Nov. 7 that the company did not meet the NYSE’s price criteria for continued listing standard because the [Read More]