FYI – Page 9

Duke Energy And Nonprofit To Help N.C. Schools Go Solar

Posted by Joseph Bebon on September 21, 2016

For some North Carolina students, learning about solar power will soon be as easy as looking outside their school windows. Duke Energy, through nonprofit NC GreenPower, has announced it will invest $300,000 in solar PV systems for up to 10 [Read More]

Canadian Solar Secures $100M Financing Deal From EDC

Posted by Joseph Bebon on September 21, 2016

Canadian Solar Inc. has signed a financing agreement with Export Development Canada (EDC), which has agreed to provide guarantees or letters of credit of up to $100 million to the solar company to support its global activities of project development. [Read More]

SunPower Acquires Remaining Stake In Malaysian Cell Plant

Posted by Joseph Bebon on September 20, 2016

U.S.-based SunPower Corp. is purchasing Taiwan-based AUO’s portion of the two companies’ joint venture, which they established in 2010 and manufactures solar cells at an 800 MW factory in Melaka, Malaysia. Under the stock purchase agreement, SunPower will pay AUO [Read More]

Florida Power & Light Marks Milestone For 2016 Installed Solar

Posted by Betsy Lillian on September 16, 2016

Florida Power & Light Co. (FPL) says it has installed its 500,000th solar panel for the year – which marks the electric utility’s halfway mark to a goal of 1 million newly installed panels in all of 2016. The newest panels [Read More]

Innovative Solar Systems Seeks Partner For 68-Project Portfolio

Posted by Betsy Lillian on September 16, 2016

Asheville, N.C.-based developer Innovative Solar Systems (ISS), the parent company of Solar Farms LLC, is seeking a financial and strategic partner to invest in a portfolio of 68 solar farms. ISS says it is seeking up to $30 million to [Read More]

In Latest Cash Equity Transaction, SolarCity Grabs $305M

Posted by Betsy Lillian on September 12, 2016

SolarCity Corp. has raised $305 million in its second cash equity transaction. A private investment fund affiliated with Quantum Strategic Partners Ltd. and advised by Soros Fund Management LLC provided the investment in a portfolio of residential, commercial and industrial [Read More]

SoCal Bank Launches Solar And Renewables Lending Group

Posted by Betsy Lillian on September 12, 2016

Orange County, Calif.-based Pacific Mercantile Bank has launched a solar and renewable energy lending group, which the firm says will offer specialized financing to companies engaged in renewable energy projects across the U.S. The new lending group will be led [Read More]

Vaisala Launches Online Solar Time Series Tool

Posted by Joseph Bebon on September 07, 2016

Vaisala, an environmental and industrial measurement company, has launched a subscription-based online service that the company says will allow solar project developers, operators and engineering teams to minimize long-term resource risk and improve energy estimates. To date, the solar industry [Read More]

Live Oak Bank Creates Utility-Scale Solar Lending Division

Posted by Joseph Bebon on September 07, 2016

North Carolina-based Live Oak Bancshares has officially launched a new lending division focused on financing for utility-scale solar energy projects nationwide. The bank typically funds projects in the range of 1 MW to 25 MW. Live Oak says it assembled [Read More]

CAISO Works To Improve Renewable Energy Integration

Posted by Joseph Bebon on September 02, 2016

The California Independent System Operator (CAISO) board of governors has accepted proposed tariff revisions that the grid operator says will ensure solar, wind and battery storage resources can provide needed grid services. In doing so, renewable resources will adjust their [Read More]