New & Noteworthy – Page 5

Sunnova Closes $615M Funding Round With Credit Suisse

Posted by Joseph Bebon on April 25, 2017

Residential solar company Sunnova Energy Corp. has closed a funding round that includes a private placement by its subsidiary, Helios Issuer LLC, of approximately $255 million aggregate principal amount of asset-backed notes. Credit Suisse acted as the sole structuring agent [Read More]

Starbucks Signals New Approach To Renewable Energy

Posted by Joseph Bebon on April 24, 2017

While everyone on social media was debating about Starbucks’ limited-release Unicorn Frappuccino, the giant coffee company revealed some details about the corporation’s new renewable energy strategy. In 2015, Starbucks joined RE100, a global initiative of influential businesses committed to 100% [Read More]

Ranking Shows Both Blue And Red States Lead On Clean Energy

Posted by Joseph Bebon on April 21, 2017

A new report from the Union of Concerned Scientists (UCS) ranks the clean energy progress of all 50 U.S. states and finds success spans political party lines, as both red and blue states are making the switch to cleaner energy. [Read More]

Study: Finding Qualified Workers Is Costing Solar Employers Money And Growth

Posted by Joseph Bebon on April 20, 2017

The U.S. experienced historic solar jobs growth last year, but the meteoric rise of the solar industry has also highlighted the necessity and benefits of workforce training. According to a new research study released by nonprofit The Solar Foundation, two-thirds [Read More]

Kentucky Coal Company Plans Large Solar Project

Posted by Joseph Bebon on April 20, 2017

Berkeley Energy Group, a Kentucky-based coal mining company, is planning to install a large solar project atop one of its old coal strip mines. According to a report in the Courier-Journal, the coal company has teamed up with developer EDF [Read More]

El Paso Electric Community Solar Program Sells Out Within A Month

Posted by Joseph Bebon on April 20, 2017

There’s no denying that community solar is quickly catching on as a viable alternative to rooftop solar all across the country. Underscoring that growing interest among consumers, utility El Paso Electric (EPE) has just announced that subscriptions for its new [Read More]

Experts Say 10 Terawatts Of Solar By 2030 Is Possible

Posted by Joseph Bebon on April 20, 2017

The annual potential of solar energy far exceeds the world’s energy consumption, but the goal of using the sun to provide a significant fraction of global electricity demand is far from being realized, according to the U.S. Department of Energy’s [Read More]

SDG&E Plans More Energy Storage To Meet State Goal, Boost Renewables

Posted by Joseph Bebon on April 20, 2017

San Diego Gas & Electric (SDG&E) has signed contracts for five new local battery storage facilities for a total of 83.5 MW. According to the California utility, the four-hour energy storage facilities would be like having batteries from more than [Read More]

New Utility Model Could Change How Corporations, Governments Buy Renewables

Contributors
Written by Letha Tawney on April 19, 2017

Washington-based Puget Sound Energy has launched a novel clean energy program focused specifically on commercial and municipal customers.

Solar Manufacturer Suniva Files For Chapter 11 Bankruptcy

Posted by Joseph Bebon on April 18, 2017

A few weeks after announcing “significant” layoffs, Suniva, a Georgia-based manufacturer of solar cells and modules, has filed for voluntary Chapter 11 bankruptcy. Suniva revealed the layoffs at both of its U.S. plants in late March but provided few details; [Read More]