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Ygrene Energy Fund Secures $30M Financing Facility from New Energy Capital

Ygrene Energy Fund, the leading national provider of residential, commercial and multifamily property assessed clean energy (PACE) financing announced recently it has secured a $30 million financing facility from the New Energy Capital Infrastructure Credit Fund and related funds which are managed and advised by New Energy Capital Partners, a leading investor in clean infrastructure […]

Clean energy for California: NextEra Energy Resources celebrates commissioning of Blythe and McCoy Solar Energy Centers

State and local leaders joined executives from NextEra Energy Resources and its partners to commission the Blythe and McCoy Solar Energy Centers, which created hundreds of construction jobs and will help California meet its renewable energy goals. “These projects represent a more than $1.2 billion investment in California and a tremendous step forward to help the […]

Legend Solar Hosts Ribbon Cutting at New Portland Location to Introduce the Fastest-Growing Solar Provider

Legend Solar, Portland’s newest solar power provider, hosted a Ribbon Cutting and Open House yesterday for its recent office opening in Clackamas. The new office will serve the Greater Portland area to facilitate sustainable energy efforts in residential and commercial properties. Government officials, local environmental associations, community members and customers attended the event. Blaze the Trail […]

Energy Commission Approves New Solar Rule for San Francisco and Guidelines for New Solar Homes Partnership

The California Energy Commission recently approved the adoption of San Francisco building energy standards that require solar systems on new construction. The standards require all newly constructed residential occupancy buildings of 10 floors or less, and newly constructed non-residential occupancy buildings of 10 floors or less, and greater than 2,000 square feet in gross floor […]

Statement from SolarCity Chief Executive Officer Lyndon Rive on Defeat of Florida’s Amendment 1

Tonight’s election results indicate that Florida voters have rejected Amendment 1, an anti-solar ballot initiative. The following is a statement by SolarCity Chief Executive Officer Lyndon Rive regarding the voting down of Amendment 1 in Florida: Congratulations to the people of Florida for rejecting Amendment 1 and protecting the state’s solar future. For too long Florida […]

Vivint Solar Announces Third Quarter 2016 Financial Results

Vivint Solar recently announced financial results for the third quarter ended September 30, 2016. In addition, yesterday the company announced future tax equity commitments of $200 million representing approximately 123 MWs in new solar energy systems installations. Third Quarter 2016 Operating Highlights Key operating and development highlights for the quarter ended September 30, 2016 include: MW […]

SunPower Reports Third Quarter 2016 Results

SunPower Corp. recently announced financial results for its third quarter ended October 2, 2016 and significant cost reduction initiatives to position the company for sustained profitability. ($ Millions, except percentages and per-share data) 3rd Quarter 2016 2nd Quarter 2016 3rd Quarter 2015 GAAP revenue $729.3 $420.5 $380.2 GAAP gross margin 17.7% 9.8% 16.5% GAAP net loss ($40.5) ($70.0) […]