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Competitive Power Ventures and GE Energy Financial Services Close Financing on 785MW CPV Towantic Energy Center in Oxford, Connecticut

Competitive Power Ventures (“CPV”) and GE unit GE Energy Financial Services announced recently they have closed financing on the 785 megawatt (“MW”) CPV Towantic Energy Center (“CPV Towantic”) in the Western Connecticut town of Oxford. This is CPV’s second successful project financing since being acquired by Global Infrastructure Partners in May 2015. The approximate $753 million debt […]

Correction Consolidated Statements of Cash Flows: Sunrun Reports Fourth Quarter and Full Year 2015 Financial Results

Sunrun, the largest dedicated residential solar company in the United States,recently announced financial results for the fourth quarter and full year ended December 31, 2015. Fourth Quarter 2015 Operating Highlights 80 MW booked, an increase of 117% year-over-year. 68 MW deployed, representing 83% growth year-over-year. Cumulative MW deployed of 596 MW. Quarterly NPV creation was […]

SunEdison Announces Ilan Daskal As Chief Financial Officer Designee

 SunEdison, Inc., the largest global renewable energy development company,recently announced that Ilan Daskal has been appointed chief financial officer designee and executive vice president, effective upon his start with the company, no later than April 4, 2016.  Brian Wuebbels will remain SunEdison’s chief financial officer until Daskal andSunEdison agree to remove the designee title.  Wuebbels […]

First Solar Publishes 2015 Sustainability Report

First Solar, Inc.  has published its first Corporate Sustainability Report, which showcases the company’s commitment to drive down the cost of solar electricity by providing the industry’s leading eco-efficient photovoltaic (PV) solutions through implementation of sustainable business practices and its leadership in PV module manufacturing, recycling and responsible PV power plant construction. First Solar’s utility-scale […]

RES and Boralex awarded 50 MW in Ontario LRP I RFP

Renewable Energy Systems Canada Inc. (“RES”), as Qualified Applicant, and its partner Boralex Inc. are pleased to announce being selected by the Independent Electricity System Operator (IESO) and awarded an LRP I Contract for a wind power project of installed capacity of 50 MW in the highly competitive LRP I RFP process.The project named “Otter Creek Wind Farm Project”, which […]

Ygrene Energy Fund Raises $30 Million in Operating Capital to Advance PACE in Six States

Ygrene Energy Fund, a leading multi-state provider of residential and commercial property assessed clean energy (PACE) financing,recently announced it has raised $30 million in operating capital led by new and existing investors, bringing its total operating and project capital raised to over $530 million. The operating capital will fund Ygrene’s continued national expansion of its […]

First Solar Reaches 5GW of O&M Assets

First Solar, Inc.’s  Operations & Maintenance group has announced it now has 5 gigawatts (GW) of assets in its portfolio of solar power plants, firmly establishing it as the largest solar O&M provider in the world. First Solar Energy Services, which has held the top position on GTM Research’s “Global O&M and Asset Management” report […]

Whole Foods Market and NRG to Plan Large Scale Commercial Solar Project Portfolio

Whole Foods Market, America’s healthiest grocery store, in conjunction with NRG Energy, Inc. the country’s leading integrated competitive power company, plans to install rooftop solar at up to 84 Whole Foods stores and distribution centers across 9 states to generate renewable energy onsite. When completed and determined by final negotiations and analysis, the portfolio of […]