Results for: solar

March 31 2017

Sunrun said to seek $200 million in debt for rooftop solar

Sunrun Inc., the largest U.S. independent residential solar company, is seeking about $200 million in project-finance debt to build more rooftop power systems, according to people familiar with the deal. ING Groep NV and SunTrust Banks Inc. are helping arrange the non-recourse debt for San Francisco-based Sunrun, according to the people, who asked not to […]

March 31 2017

Modi’s aim to spread solar to poorer nations wins IEA support

The International Energy Agency will help support Indian Prime Minister Narendra Modi’s goal to spread solar power to more developing nations, especially those clustered around the Equator. Fatih Birol, executive director of the Paris-based agency that oversees energy policy in industrial nations, said he’s working to encourage financial institutions to support Modi’s program, which was launched […]

March 30 2017

Company that offered cheapest solar sees prices falling more

The company that sold solar power at a record low in Chile in August sees prices going down even more at the country’s next energy auction in October. “There is an enormous amount of competition in this market and none of the fundamentals have changed from the previous auction,” Inigo Malo, Solarpack Corp. Tecnologica’s manager […]

March 30 2017

SunEdison sees life post-bankruptcy, creditors contest value

SunEdison Inc. sees a possibility for life after bankruptcy even as its unsecured creditors have threatened to upend a reorganization plan. The clean energy giant, which said after its April bankruptcy that it was toggling between a wind-down or a reorganization, announced the rough terms of a restructuring on Tuesday. Its unsecured creditors have said […]

March 30 2017

First Solar completes sale of 250-megawatt Nevada solar farm

First Solar Inc., the biggest U.S. solar manufacturer, sold a 250-megawatt power plant in Nevada to a unit of Capital Dynamics AG, the Swiss asset manager. The manufacturer will operate and maintain Moapa Southern Paiute Solar Project in Clark County, First Solar said in a statement Thursday. The Arizona-based company didn’t disclose terms of the […]

March 29 2017

How an American tech icon bet on nuclear — and lost its way

Westinghouse Electric Co., once synonymous with America’s industrial might, wagered its future on nuclear power — and lost. Now a unit of Japanese technology giant Toshiba Corp., Westinghouse filed for bankruptcy-court protection, citing as much as $10 billion in debt. The move marks the end of a troubled era, which began in 1999, when the […]

March 29 2017

The Great Nevada lithium rush to fuel the new economy

John Rud has been riding the peaks and valleys of the commodities markets around North America since he left the University of Oregon 55 years ago with a master’s degree in geology. “The valleys are real broad, and the peaks are real narrow,” he likes to say. Copper in Canada. Silver in Texas. Gold in […]

March 28 2017

Clean Power Lives On Even as Trump Ends Obama ‘Clean Power Plan’

President Donald Trump’s long-expected executive order to roll back climate change regulations is drawing cheers from fossil-fuel producers and howls from environmentalists. The reaction from clean-energy companies? Meh. While repealing the Clean Power Plan is deeply symbolic, the move will probably have little impact on the U.S. wind and solar industries. After years of being […]

March 28 2017

What Trump’s climate views might mean for world: QuickTake Q&A

President Donald Trump hasn’t pulled the U.S. from the Paris Agreement, the climate-change accord among almost 200 countries that have committed to cutting greenhouse-gas emissions. But he’s taking steps that may make it virtually impossible for the U.S. to carry out its part of the deal. In rolling back the 2015 Clean Power Plan, Trump […]

March 28 2017

More U.S. states embracing batteries to store renewable power

Energy-storage systems are spreading across the U.S. as states encourage deployments to help integrate an increasing amount of solar and wind power into electric grids. There are now 21 states with at least 20 megawatts each of storage projects in service, under construction or proposed, according to a report Tuesday from GTM Research. Ten of […]