New & Noteworthy – Page 2

Sunnova Secures $80M Investment For New Residential Solar Projects

Posted by Lauren Tyler on March 15, 2017

Sunnova Energy Corp., a residential solar service provider in the U.S., says it has obtained $80 million in tax equity funding commitments from U.S. Bancorp Community Development Corp. (USBCDC), which will enable the development of new residential solar projects with [Read More]

Renewables Developer Geronimo Introduces REP-Units Purchasing Program

Posted by Lauren Tyler on March 15, 2017

Geronimo Energy LLC, a utility-scale renewable energy development company headquartered in Minneapolis, has announced its new commercial renewable energy purchasing solution, the Renewable Energy Project Units (REP-Units) program. According to the company, REP-Units are suited for commercial electricity customers who are [Read More]

Solar Provider Sungevity Files For Bankruptcy

Posted by Joseph Bebon on March 14, 2017

The decision comes shortly after Sungevity lost a deal to become a public company and raise much-needed capital.

Trina Solar Completes Transaction To Become A Private Company

Posted by Joseph Bebon on March 14, 2017

China-based PV manufacturer Trina Solar has announced the completion of its going-private transaction and suspended trading of its shares on the New York Stock Exchange (NYSE) as it awaits delisting within the next 90 days. Last August, Trina unveiled its [Read More]

America’s Electric Co-ops Are Going Big On Solar

Posted by Joseph Bebon on March 09, 2017

By the end of 2017, the total solar energy capacity of America’s electric cooperatives will be five times what it was two years ago, according to data released by the National Rural Electric Cooperative Association (NRECA). This year, co-ops are [Read More]

Battery Maker Aquion Energy Files For Chapter 11, Seeks Buyer

Posted by Joseph Bebon on March 09, 2017

Aquion Energy Inc., the developer and manufacturer of Aqueous Hybrid Ion (AHI) batteries and energy storage systems for solar and other renewable energy, has filed a voluntary petition under Chapter 11 in the U.S. Bankruptcy Court of the District of [Read More]

After Historic 2016, What’s Ahead For The U.S. Solar Market?

Posted by Joseph Bebon on March 09, 2017

Last year, one new megawatt of solar PV went online in the U.S. every 36 minutes, according to a market study, which also reveals forecasts for 2017 and beyond.

Solect Energy Acquires Brightergy’s Northeast Division

Posted by Joseph Bebon on March 08, 2017

Solect Energy, a Massachusetts-based commercial solar company, has acquired the Northeast division of Brightergy, a Kansas City-based company with operations in Boston. Financial terms were not disclosed, but Solect explains that it has acquired Brightergy’s Northeast sales and project management [Read More]

Study: Colleges, Universities Could Lead U.S. Toward 100% Renewables

Posted by Joseph Bebon on March 08, 2017

A new report from the Environment America Research & Policy Center says U.S. colleges and universities are in a good position to help lead the country toward a transition to 100% renewable energy. The report, “Renewable Energy 100: The Course [Read More]

Utility Owner Gaz Metro To Acquire Standard Solar

Posted by Joseph Bebon on March 07, 2017

Canada-based Gaz Metro, a diversified energy provider with more than $5.8 billion in assets, is acquiring Maryland-based commercial solar company Standard Solar Inc. Financial terms of the deal were not disclosed. Gaz Metro, the largest natural gas distributor in Quebec, is [Read More]