Americas

Americas

American Solar Direct Named a Finalist In 2016 Stevie® Awards

January 27, 2016 Anand Gupta

American Solar Direct was named as a finalist in the 10th Annual Stevie® Awards for Sales & Customer Service in the categories of Field Sales Team of the Year and Sales Meeting of the Year. A leading provider of residential solar power systems in California, American Solar Direct proudly attributes much of its corporate success […]

Americas

New Hampshire’s Net Metering Cap Forces Layoffs at Concord-based SunRay Solar

January 23, 2016 Anand Gupta

Concord-based SunRay solar recently announced that it was forced to layoff one-third of its workers and scale back operations because of New Hampshire’s solar net metering cap. Eversource is the state’s largest utility and hit the cap on January 21, forcing the latest round of layoffs. Unless Legislators lift the cap this session, more layoffs will […]

Americas

SCI Engineered Materials, Inc. Announces Substantial Thin Film Solar Order

January 22, 2016 Anand Gupta

SCI Engineered Materials, Inc. a global supplier and manufacturer of advanced materials for physical vapor deposition thin film applications that works closely with end users and OEMs to develop innovative, customized solutions, today announced it has received an order for more than $450,000 of Thin Film Solar products. Dan Rooney, President and Chief Executive Officer, […]

Americas

Sunrun and Investec Close $250 Million in Financing for U.S. Residential Solar Projects

January 22, 2016 Anand Gupta

Sunrun Inc. , the largest dedicated residential solar company in the United States, and Investec Inc. and Investec Bank plc recently announced the closing of $250 million of senior secured credit facilities to support the growth of Sunrun’s residential solar business. Sunrun will use the funds to help more Americans install clean, affordable solar systems on […]

Americas

Commission’s Anti-Solar Decision Forces Las Vegas-Based Premier Solar Solutions to Cut 66 Jobs

January 22, 2016 Anand Gupta

Following the decision by Governor Brian Sandoval’s Public Utilities Commission to eliminate solar savings for new and current solar customers, Premier Solar Solutions, a local solar sales and installation company based in Henderson, Nevada was forced to eliminate 66 full-time positions. Premier Solar Solutions brought solar savings to hundreds of families in Nevada before the […]

Americas

SolarCity Completes Industry’s First Securitization of Distributed Solar Loans

January 22, 2016 Anand Gupta

SolarCity Corp. completed its first securitization of distributed solar loan assets earlier recently the company’s fifth securitization transaction to date. SolarCity completed a private placement in the amount of $185 million—$2.89 per watt of generation capacity in the portfolio—with a blended coupon interest rate of 5.17 percent and a blended yield rate of 5.81 percent. […]

Americas

County set to approve ways residents can finance energy improvement costs

January 22, 2016 Anand Gupta

San Joaquin County residents are one step away from applying for energy-efficient improvement financing.The San Joaquin County Board of Supervisors on Tuesday will consider approving Renovate America, Inc., and Renew Financial as program providers for the Property Assessment Clean Energy Program for unincorporated areas of the county to take effect Feb. 1, 2016.Renovate America, Inc., […]

Americas

CaliforniaFIRST Launches Clean Energy Financing Program for Property Owners in Huntington Beach

January 22, 2016 Anand Gupta

Orange County’s Huntington Beach is the latest city to approve and adopt Renew Financial’s CaliforniaFIRST program, bringing cost-saving financial options to Huntington Beach property owners for environmentally friendly upgrades. The vote by the City Council took place on January 20, 2016 and offers residential and commercial property owners the chance to take advantage of important […]

Americas

Switch Announces Plans To Make SUPERNAP Michigan Data Centers 100 Percent Green; Joins WWF/WRI Renewable Buyers’ Energy Principles

January 22, 2016 Anand Gupta

Switch, builders of the world’s highest rated data centers, announced plans for its SUPERNAP Michigan data center near Grand Rapids to be powered by 100 percent renewable energy. As part of this announcement and Switch’s continued commitment to run all of its data centers on green energy, Switch has also become a member of the […]

Americas

Ballard Receives Follow-On Order From Nisshinbo For Breakthrough Technology Solutions Project

January 21, 2016 Anand Gupta

Ballard Power Systems announced that it has received a follow-on purchase order from Nisshinbo Holdings Inc. for a further phase of a Technology Solutions program related to the development of a breakthrough catalyst technology intended to reduce the cost of certain proton exchange membrane (PEM) fuel cells. The program, now entering its seventh phase, has […]