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Sunrun to Acquire Vivint Solar for Enterprise Value of $3.2 Billion

Sunrun and Vivint Solar have entered into a definitive agreement under which Sunrun will acquire Vivint Solar in an all-stock transaction Sunrun, a leading provider of residential solar, battery storage and energy services, and Vivint Solar, a leading full-service residential solar provider in the United States, have announced that the companies have entered into a […]

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Capital Dynamics Completes Acquisition of 353 MW Solar Portfolio

Capital Dynamics has announced that its CEI business has completed the acquisition of a portfolio of 16 operating solar projects from Coronal Energy Capital Dynamics, an independent global private asset management firm, today announced that its Clean Energy Infrastructure (CEI) business has completed the acquisition of a portfolio of 16 operating solar projects from Coronal […]

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Utility-Scale Solar Remains Off-Limits Across Solar Rich Southwest US: IEEFA

The largest property owner in the US—the Bureau of Land Management (BLM)—has acreage set aside for utility-scale solar development on only 0.03 percent of the roughly 100 million acres it manages across the sun-rich Southwest, finds a report published by the Institute for Energy Economics and Financial Analysis. The report—Federal Land Agency Lags on Solar Development Approvals […]

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AutoGrid’s Flex Platform Helps Sunrun to manage its Residential Batteries’ Fleet

AutoGrid, a leading flexibility management software provider, has entered into a partnership with Sunrun to provide AutoGrid Flex™ Virtual Power Plant (VPP) software to help manage the latter’s growing fleet of residential batteries across the United States. Sunrun, founded in 2007, is one of the leading home solar, battery storage, and energy services company. Further, […]

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Wells Fargo Inks Deal with Shell, MP2 Energy to Buy Renewable Power

USD 1.98 trillion company Wells Fargo has signed a structured renewable energy (RE) agreement with Shell Energy North America (Shell Energy) and its arm MP2 Energy, to purchase about 1,50,000 MWh of renewable energy every year. The deal will enable the company to use renewable power to meet 100 per cent of its energy consumption […]

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Sunnova Closes Sixth Residential Solar Loan Securitization

Sunnova Energy International (Sunnova) on Monday announced the closing of its 2nd solar-loan securitization and 6th residential solar securitization overall. The company is a leading US-based residential solar and energy storage service provider. Commenting on the development, William J. (John) Berger, Chief Executive Officer of Sunnova, said that “once again, the secured financing market has […]

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New Scheme From SPI to Boost Power Demand of Minigrids

SPI has launched a customer voucher scheme for minigrids customers, which is expected to have a significant positive impact on over 200 mini-grid villages Smart Power India (SPI) said that it has launched a customer voucher scheme (CVS) for minigrids customers. The scheme is expected to have a significant positive impact on over 125,000 lives in 200 mini-grid […]

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KB Home Offers SunPower’s New OneRoof Solar System

KB Home, a leading homebuilder in the United States, announced that it has become the first homebuilder to offer Nasdaq listed SunPower’s new and innovative OneRoof product at its Ashbury new-home community in San Francisco Bay Area. SunPower OneRoof system has delivered an efficient, durable, attractive and cost-effective solar roofing product that is ideal for […]

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Greenbacker Acquires Energy Storage System Portfolio From Stem

Greenbacker Renewable Energy has purchased the rights to a 7.9MW /16.5MWh portfolio of 16 operating and to-be-constructed energy storage systems from Stem Greenbacker Renewable Energy Company has announced that on June 9, 2020, through a wholly-owned subsidiary, it purchased the rights to Pacifica Storage LLC, a 7.9MW / 16.5MWh portfolio of sixteen operating and to-be-constructed […]

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