Mosaic, the leading provider of solar loan financing for homeowners, today announced the closing of a $250 million warehouse facility with Deutsche Bank as the arranger and administrative agent. Together with recent upsizes to Mosaic’s existing warehouse facility and a forward flow whole loan sale arrangement, this agreement provides Mosaic with $550 million of new […]
PSEG Solar Source today announced it has acquired a 6.6 MW-dc solar energy facility from BayWa r.e. Solar Projects representing an investment of $12.2 million. The PSEG Hemlock Solar Energy Center is under construction and scheduled to begin operations later this year. The PSEG Hemlock Solar Energy Center has a 15-year power purchase agreement with […]
Canadian Solar Inc., one of the world’s largest solar power companies, announced its financial results for the third quarter ended September 30, 2016. Third Quarter 2016 Highlights Total solar module shipments were 1,185 MW, of which 1,161 MW was recognized in revenue, compared to 1,290 MW recognized in revenue in the second quarter of 2016, and […]
West Contra Costa Unified School District (WCCUSD) and SunPower Corp. will begin construction of SunPower Helix solar systems at 34 school sites in the East Bay region of the San Francisco Bay Area. The solar installations will include carports, shade structures and rooftop systems and will be constructed over the next year, with the first phase being […]
Global power and utilities deal value continued to decline for the fourth consecutive quarter — falling 8% to US$39.7b in Q3 2016 compared to the previous three months — according to the EY Power transactions and trends Q3 2016 report. Regulated network assets remained the investment of choice for buyers across regional markets seeking stable long-term returns. Transmission and […]
JinkoSolar has announced that it has completed delivery on 140 MWdc of PV modules for the North Star project located in Chisago County, Minnesota, approximately 50 miles north of Minneapolis. The North Star Solar project will utilize over 440,000 of JinkoSolar’s high-efficiency 72-cell polycrystalline modules and is expected to generate enough clean energy to power […]
Chua Di Lac Buddhist Temple held a commissioning ceremony on November 16, 2016 to celebrate the 49.8 kW Mitsubishi Electric photovoltaic (PV) system installation at its San Jose, California facility. Local dignitaries, including California Assembly member, Kansen Chu, were on hand to support the temple’s switch to clean energy. The Mitsubishi Electric PV system is […]
Etrion Corporation, a solar independent power producer, announced today the signing of a project finance agreement with Sumitomo Mitsui Trust Bank, Limited (“SuMi Trust”) for the construction of the 13.2-MW Komatsu solar project located in the Ishikawa Prefecture of Japan. Marco A. Northland, Etrion’s Chief Executive Officer, commented: “I am delighted to announce the signing […]
Ascent Solar Technologies, Inc. reported results for the third quarter ended September 30, 2016. Financial Results for the Third Quarter Ended September 30, 2016 Total net revenue booked for the third quarter of 2016 was $453K, a recovery of approximately 78% from second quarter 2016. Gross shipments for the period were about $1.1M but net revenue […]
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