FYI – Page 7

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]

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]