News

SolarCity Closes $188 Million Financing in Residential PV Projects

published: 2016-04-08 15:21

SolarCity has closed the second financing within its renewable energy tax equity investment program with Bank of America Merrill Lynch and another investor. The program will finance approximately $188 million in solar projects, co... more

Trina Signs to Supply 40MW of PV Modules to Turkey

published: 2016-04-07 19:00

Tegnatia, one of Turkey’s leading EPC contractors, has signed a PV module purchase agreement with Trina Solar to acquire 40MW of Trina’s PV modules by the end of the second quarter of 2016. Trina Solar agreed to supply Tegnatia wi... more

8point3 Energy Partners Reduces Net Loss in 1Q16

published: 2016-04-07 18:48

8point3 Energy Partners, the yieldco vehicle co-formed by SunPower and First Solar, has announced its financial results for the first quarter of 2016. The company was operated under a more conservative strategy and has successfull... more

SolarCity Closes Financing for Commercial Solar and Battery Storage

published: 2016-04-07 18:26

SolarCity has closed a new $150 million non-recourse financing facility with Credit Suisse to support deployment of commercial solar energy systems—including battery storage systems—for businesses, schools and government organizat... more

EDF Renewable Energy to Purchase Power from 110MW Solar Project

published: 2016-04-07 18:13

EDF Renewable Energy (EDF RE) announces the signing of a 15-year Power Purchase Agreement with Southern California Edison (SCE). The 111.2MWac Valentine Solar Project will deliver clean electricity to SCE beginning in December 201... more

Madhya Pradesh Announces a Unique 750MW Solar PV Project

published: 2016-04-07 11:22

Madhya Pradesh Power Management Company Limited (MPPM), Delhi Metro Rail Corporation (DMRC) and International Finance Corporation (IFC) have announced a bid for three 250MW solar PV project in Rewa, Madhya Pradesh, according to BR... more

SunPower Wins 500MW of Solar in Mexico’s Electricity Auction

published: 2016-04-06 18:32

Under Mexico's first electricity power auction, SunPower has been awarded power purchase agreements with CFE, Mexico's state-owned electric utility, to deliver one terawatt-hour of energy, equivalent to approximately 500MW, over t... more

Georgia Power Constructs a 31MW PV Project for MCLB Albany

published: 2016-04-06 18:27

Marine Corps Logistics Base (MCLB) Albany has been installed a 31MWac (44MWdc) solar power plant after executing a real estate outgrant with the Department of the Navy (DON) that authorizes the Georgia Power, the project construct... more

Yingli Solar, Solyndra Reach Settlement on Antitrust Litigation

published: 2016-04-06 18:02

Yingli announced on April 4th that together with its U.S. subsidiary, Yingli Green Energy Americas, it has reached an agreement with the Solyndra Residual Trust ("Solyndra") to settle a previously disclosed anti-trust and unfair t... more

SolarCity Closes Solar Renewable Energy Certificate Transaction

published: 2016-04-06 17:37

SolarCity Corporation announced that on Friday, March 31, 2016 it closed a solar renewable energy certificate ("SREC") transaction, subject to satisfying certain conditions, that will provide up to $40 million of residential and c... more

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