NASDAQ warns TerraForm Power, TerraForm Global over delays in filing
The yieldcos have until the end of August to submit a plan as to how they are going to get their financial reports on track, while TerraForm Global struggles with multiple legal proceedings.
NRG move to acquire SunEdison assets moves forward, expands to DG
A bankruptcy court has approved the expedited auction of SunEdison projects with NRG as the stalking horse bidder, and NRG has separately announced a deal to purchase 26 C&I solar projects.
Court approves sale of SunEdison Australian, channel businesses to Flextronics
The contract manufacturer is buying SunEdisons Australian business and a portion of its global channel business free of liens and claims.
Renewables sweep Chiles electricity market and set historic low prices
The median price for 12.4 terawatt-hours awarded is around US$47.59/MWh. Wind triumphed and solar took a minimal part of the total, but set new records at $29/MWh.
NRG Yield to issue $350 million in bonds
The yieldco says that proceeds will be used to repay current borrowings, and may use the remainder to fund acquisitions and investments.
Sierra Club highlights 100% renewable communities
The environmental groups latest report looks at 10 communities in the United States that are moving to 100% renewable energy.
Arizona regulators preserve net metering in UNS case
The case was closely watched as a precedent for future rate cases in Arizona.
Ideal Power posts revenue 75% drop in Q2 revenue, increases net loss
The Texas inverter maker blamed the drop in sales on delays in California’s incentive program and expects business to pick up in the second half of 2016 now that the problem has been resolved.
pv magazine USA weekly news roundup
A critical rate case in Arizona gets resolved, NRG moves to acquire SunEdison assets, SolarCity goes BIPV, downsizing at SMA and SunPower, results from SCTY, RUN & VSLR, and more
Multilateral development banks provide $6 billion for renewable energy in 2015
Latin America and the Caribbean, South Asia and MENA received the bulk of development bank finance for renewable energy projects last year.
