FYI – Page 6

SunEdison’s Indian Solar, Wind Projects Snagged By Greenko

Posted by Amanda Fava on November 07, 2016

India-based Greenko Energy Holdings, owner and operator of clean energy projects in the country, has completed the acquisition of SunEdison’s 587 MW Indian solar and wind projects for a cash payment of $42 million and the assumption of project-level debt [Read More]

SolarCity Opens Pittsburgh Operations Center

Posted by Joseph Bebon on November 04, 2016

SolarCity Corp. has announced the expansion of its western Pennsylvania presence with a new 18,000-square-foot operations center in Pittsburgh. The new facility is SolarCity’s third operations center in the state – joining Norristown and Lancaster – and pushes the company’s [Read More]

8minutenergy Begins Capital Raise For Solar Project Pipeline

Posted by Joseph Bebon on October 20, 2016

California-based solar developer 8minutenergy Renewables LLC has announced it is initiating a capital-raising process to fuel growth of its 5.5 GW U.S. pipeline, including over 500 MW of wholly owned, near-shovel-ready projects with long-term power purchase agreements (PPAs) and an [Read More]

SolarCity Partners With Credit Suisse For $300M Financing

Posted by Betsy Lillian on October 18, 2016

SolarCity Corp. has created a new fund to finance more than $300 million in residential solar projects with Credit Suisse. This fund, the fourth collaboration of its kind between the two companies, follows SolarCity’s other recent financings. Last month, SolarCity [Read More]

Suntech Secures U.S. Module Insurance Backup From Munich Re

Posted by Joseph Bebon on October 14, 2016

China-based manufacturer Suntech has announced a partnership with Germany-based reinsurer Munich Re to provide insurance backup to its 25-year solar module warranty for all modules shipped to the U.S. To qualify for this insurance, Suntech says it successfully completed Munich [Read More]

BayWa Opens New PV Distribution Warehouse In Calif.

Posted by Joseph Bebon on October 12, 2016

BayWa r.e.’s subsidiary BayWa r.e. Solar Systems LLC, a U.S. solar wholesale distributor, continues its U.S. expansion by opening another fulfillment center, this time in Southern California. According to the company, Rancho Cucamonga, Calif., is a prime arterial location for [Read More]

Solar Alliance Expands Into ‘Attractive’ Colorado Market

Posted by Joseph Bebon on October 11, 2016

Solar Alliance Energy Inc. has announced the expansion of its residential, commercial and industrial solar sales and installation business into Colorado. Solar Alliance is opening an office in Denver that will service the state, and local hiring for sales positions [Read More]

SolarCity Expands Into S.C. And Starts Hiring

Posted by Joseph Bebon on October 05, 2016

SolarCity Corp. has expanded its U.S. operations and launched residential solar service in South Carolina. The solar power provider says it expects to open a local operations installation center in the Charleston area at the end of this month and [Read More]

SolarCity Secures New Financing From Citi

Posted by Joseph Bebon on September 28, 2016

SolarCity Corp. has partnered with Citi to create two separate funds to finance more than $347 million in solar projects. The first fund is expected to finance more than $284 million in residential solar projects across the U.S. The second [Read More]

SoCal Installer Verengo Plans Sale Under Chapter 11 Process

Posted by Joseph Bebon on September 26, 2016

Southern California residential solar provider Verengo Inc., which says it has installed over 20,000 systems since 2008, has entered Chapter 11 bankruptcy proceedings in connection with the proposed sale of its business. In a press release, the installer says it [Read More]