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Financial & Legal Affairs

Tesla breaks into the black in Q3 results

The EV and battery maker maintains that its battery gigafactory will be ready to support Model 3 rollout in H2 2017, three weeks before a shareholder vote on the acquisition of SolarCity.

D.E. Shaw proposes to take over as TerraForm sponsor

The renewable energy investor says that the taking TerraForm off SunEdison’s hands could allow the company to recover.

United Photovoltaics announces acquisition of 40 MW plant in Shandong

United Photovoltaics Group has completed its acquisition of the entire equity interest in Haiyang-Xin Shunfeng Photovoltaic Technology Co. Ltd.

Florida Amendment 1 opponents condemn utility duplicity

Recording reveals a strategy to “destroy free-market energy” in the state using “deceptive” practices to fool voters, according to advocacy group Floridians for Solar Choice.

Maryland launches review of electric-distribution systems

The Public Service Commission wants to figure out how to integrate distributed-energy resources into the grid in a way that keeps electricity distribution affordable, reliable and sustainable for the citizens of its state.

Corporate funding for solar hits $3 billion

Total corporate funding in the solar sector hit US$3 billion in the third quarter of 2016, according to a report released this week by clean energy consulting firm Mercom Capital Group.

Corporate funding for solar hits $3 billion

Total corporate funding in the solar sector hit US$3 billion in the third quarter of 2016, according to a report released this week by clean energy consulting firm Mercom Capital Group.

Canadian Solar Secures Loan from Japanese Syndicate

Canadian Solar projects K.K., a wholly owned subsidiary of Canadian Solar, today announced that it has entered into a syndicated 3-year loan facility for JPY 9.6 billion (US$95 million). Sumitomo Mitsui Banking Corporation (SMBC) is the lead arranger of the agreement.

SEC investigates SunEdison

A subpoena from the federal financial regulator adds to an ongoing Department of Justice investigation in the laundry list of the company’s legal troubles.

U.S. Navy, California Energy Commission partner on renewable energy

The partnership includes three new solar and battery storage projects and comes a day before the dedication of a 150 MW-AC solar project which serves 14 Navy and Marine Corps bases.

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