Mitsui successfully acquires SunEdison’s commercial & industrial division.

Mitsui successfully acquires SunEdison’s commercial & industrial division.

Mitsui & Co has acquired the Commercial and Industrial (C&I) Division of SunEdison, Inc., which specializes in the development and operation of distributed solar generation for C&I customers. The principal assets and employees will form part of Forefront Power LLC, a newly established company incorporated and wholly owned by Mitsui. In addition to distributed solar […]

Trump puts all EPA grants, contracts on immediate hold.

Trump puts all EPA grants, contracts on immediate hold.

Orders issued by President Donald Trump on Monday have frozen all Environmental Protection Agency grants and contracts, reflecting his campaign promise to minimize the authority’s influence. The suspension — effectively immediately — puts on hold the billions awarded annually by the EPA for research and development, land restoration and enhancement, environmental monitoring and more. Sources […]

Longroad Energy acquires 3.0 GW solar portfolio.

Longroad Energy acquires 3.0 GW solar portfolio.

Move Accelerates Build-Out of Longroad’s U.S. Solar Development Strategy Longroad Energy Holdings today announced the acquisition of a 3.0 gigawatt (GW) solar development portfolio from 7X Energy. The acquired portfolio includes projects located across the U.S. in several of Longroad’s target markets. The Longroad and 7X team will develop these projects and will work together […]

Vivint Solar closes $303 million of new financing in two separate transactions.

Vivint Solar closes $303 million of new financing in two separate transactions.

Vivint Solar, a leading full-service residential solar provider, announced today it has closed a fixed-rate, 18-year term debt facility with four institutional investors, totaling $203 million. The new debt facility is a fully amortizing loan that relies on the contractual cash flows from four existing investment funds that comprise approximately 214 megawatts (MWs) and 30,000 residential […]

Renesola sells two commercial solar projects in U.S.

Renesola sells two commercial solar projects in U.S.

ReneSola Ltd, a leading fully-integrated solar project developer and provider of energy-efficient products, today announced that it sold its two solar projects in Holyoke, Massachusetts to New York-based C2 Special Situations Group, LLC, a private investment firm focused on investments in the distributed generation sector. The Projects have a combined capacity of approximately 1.3 MWDC […]

New Energy Solar acquires two SunPower power plants in California.

New Energy Solar acquires two SunPower power plants in California.

Both Off-Site Solar Plants Serve Customers Approximately 300 Miles Away New Energy Solar and SunPower Corp today announced that New Energy Solar has acquired a substantial majority interest in two large-scale solar projects, totalling over 134 megawatts (MW), that SunPower developed, designed and constructed in Kern County, California. SunPower will retain an ownership interest in […]

SunPower closing 700MW Fab 2 with 2,500 job losses.

SunPower closing 700MW Fab 2 with 2,500 job losses.

High-efficiency PV module producer and project developer SunPower has announced further restructuring plans as competitive issues bite that include the closure of its 700MW, IBC solar cell plant in the Philippines and a 25% reduction in its global workforce. SunPower had already announced plans to close its PV module assembly operations (1GW capacity) in the Philippines […]

Google to be powered 100% by renewables by 2017.

Google to be powered 100% by renewables by 2017.

Google’s data centres and offices will be powered 100% by renewables by 2017. The search engine giant said it will buy solar and wind electricity annually to run its global operations. The firm claims it is the world’s largest corporate buyer of renewable energy as it has contracted to purchase a total of 2.6GW of […]

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