Developer and asset manager Longroad Energy Holdings has acquired a 3GW US-based solar development portfolio from Austin-based renewables firm 7X Energy.
Hawaiian Electric Companies (HECO) utilities Maui Electric and Hawaii Electric Light have asked the Hawaiian Public Utilities Commission (PUC) to issue new requests for proposals (RfP) of renewable energy, in line with the islands’ new Power Supply Improvement Plan.
As Election Day inches closer, the prospect of ballot measure Amendment 1 becoming a bona fide constitutional amendment in Florida becomes even more pressing. In a press conference this week, former Florida governor and US senator Bob Graham detailed the shocking ramifications that the measure would have if it passed on 8 November.
A coalition of finance experts spoke to PV Tech and revealed ways the industry can work to make the technology more widespread to those all-important conglomerate companies.
Leading US residential installer SolarCity announced yesterday that it has partnered with Credit Suisse to finance more than US$300 million in solar projects.
Global investment in clean energy for Q3 2016 has plummeted 43% year-on-year, sinking to lows not seen since 2013, says Bloomberg New Energy Finance’s (BNEF) latest report.
A number of finance experts have confirmed that securitisation may be feasible in the near future for the US solar market, due to the maturity and low-risk nature of the industry.
The solar yieldco business model was “flawed from the beginning”, says a US bank executive, who downplays sentiment that it was the SunEdison yieldco disaster that tarnished the model for good.
