Financial & Legal

August 5, 2016
More than 2,100 solar supporters have written letters to the Arizona Corporation Commission (ACC), urging it to reject UniSource Energy's (UNS) electric rate proposal, ahead of an official ruling next Tuesday.
August 5, 2016
Specialist PV manufacturing equipment supplier Amtech Systems backed-up previous quarters order bookings with solar equipment sales in its third fiscal quarter of 2016, reaching US$19 million.
August 5, 2016
Yesterday, the Nevada Supreme Court unanimously ruled against a popular rooftop solar referendum for the upcoming 8 November ballot that could have restored net metering rates to their former, more favourable state by amending the Commission’s legislative authority.
August 5, 2016
Vivint Solar closes US$313 million term loan facility, Mosaic secures US$220 million equity financing, GameChange Solar receives 28MW tracker order
August 5, 2016
Bankrupt renewables firm SunEdison has informed its two yieldcos that it will no longer pay interest on their senior notes due to Chapter 11 bankruptcy proceedings, according to SEC filings.
August 4, 2016
Leading CdTe thin-film producer First Solar is undergoing a mid-year restructuring that includes cost cutting activities that should generate a US$2 billion balance sheet cushion against changing solar business dynamics and a looming revenue and shipment hole facing the company in 2017.
August 4, 2016
With First Solar’s revenue and shipment guidance unchanged and basically locked-in for 2016, despite solar industry dynamics becoming increasingly fluid, filling demand for 3GW of thin-film module capacity in 2017 has become a priority for management as a rather large hole in bookings is proving difficult to fill.
August 4, 2016
Leading CdTe thin-film producer First Solar is undertaking a further round of restructuring that targets its EPC and O&M operations after its decision to shutdown its TetraSun crystalline silicon operations in Malaysia in early July.
August 4, 2016
D.E. Shaw buys 11MW Rancho Seco solar project from First Solar, 8minutenergy wins 26MW solar farm in California, India's NTPC issues first Green Masala Bonds, NREL launches energy profiles of US cities.
August 4, 2016
Following a Portuguese government announcement approving 180MW of unsubsidised solar PV capacity, the country’s renewables association has said solar cannot work without financial support in current market conditions.

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