New & Noteworthy – Page 8

EIA: Renewables Accounted For Majority Of New U.S. Capacity In 2016

Posted by Joseph Bebon on January 11, 2017

Although the concrete data for the final months of last year isn’t in yet, the U.S. Energy Information Administration (EIA) says it expects renewable generation capacity to have accounted for most of the 2016 capacity additions in the country. In [Read More]

Mercom: Solar Sector Experienced ‘Challenging Year’ For Fundraising

Posted by Joseph Bebon on January 11, 2017

Total global corporate funding in the solar sector, including private equity/venture capital (VC), debt financing, and public market financing raised by public companies, dropped 64% year-over-year in 2016, according to Mercom Capital Group. In a new report, the clean energy [Read More]

Enphase Energy Receives $10M Strategic Investment

Posted by Joseph Bebon on January 11, 2017

Enphase Energy Inc., a California-based technology provider specializing in solar micro-inverters, has announced a $10 million strategic investment in the company by T.J. Rodgers, founder and former CEO of Cypress Semiconductor, and John Doerr, chairman of Kleiner Perkins Caulfield & [Read More]

Vivint Solar Secures $303 Million In New Financing

Posted by Joseph Bebon on January 11, 2017

Vivint Solar Inc. has secured a total of $303 million in new financing through two separate transactions. The residential solar provider says it has closed a fixed-rate, 18-year term debt facility totaling $203 million with four institutional investors. The new [Read More]

Sunrun And Utility Company National Grid Ink Partnership Deal

Posted by Joseph Bebon on January 11, 2017

U.S. residential solar company Sunrun Inc. and international investor-owned utility National Grid PLC have announced a multifaceted partnership that includes a joint marketing agreement, a collaborative grid services pilot, and a direct investment by National Grid in Sunrun rooftop solar [Read More]

States’ Clean Energy Options Are Key To Attracting Big Businesses

Posted by Joseph Bebon on January 10, 2017

U.S. states that are investing in clean domestic energy production are also the most likely to attract major businesses, creating thousands of jobs in their communities, concludes a new report jointly released by the Retail Industry Leaders Association (RILA) and [Read More]

SEIA Names Abigail Ross Hopper New Head Of U.S. Solar Industry

Posted by Joseph Bebon on January 09, 2017

Hopper joins the group after leading the U.S. Department of the Interior’s Bureau of Ocean Energy Management.

Report: Clean Energy Sector Employs Thousands Of Coloradans

Posted by Joseph Bebon on January 09, 2017

Of the 62,000 people in Colorado who work in the clean energy sector, nearly a quarter of them are employed in the renewable energy sector, according to a new report released by nonpartisan business group Environmental Entrepreneurs (E2). The report, [Read More]

TerraForm Power To Divest U.K. Solar Portfolio

Posted by Joseph Bebon on January 06, 2017

TerraForm Power Inc., an owner and operator of clean energy power plants, has announced it is selling a portfolio of 24 operating solar projects in the U.K. totaling 365 MW to Vortex, a renewable energy platform managed by EFG Hermes’ private [Read More]

Solar Company Sungevity’s Deal To Go Public Falls Through

Joseph Bebon
Written by Joseph Bebon on January 05, 2017

Sungevity had planned to become a public company and gain some cash through a reverse merger transaction with a shell company.