SunEdison and Vivint Solar have reached an agreement to amend and modify the terms of the definitive merger agreement previously announced on July 20. In conjunction therewith, SunEdison also announced today that 313 Acquisition, the vehicle controlled by private equity funds managed by Blackstone, has entered into a commitment to provide a $250 million credit facility to fund the ongoing growth of SunEdison. The merger is anticipated to close in the first quarter of 2016.
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A new report shows 2015 shaping up to be the United States solar market’s best year in history with record-breaking fourth quarter projections.
Every week, The SEIA Solar Update includes top news stories covering the solar industry, major upcoming events, policy updates, and much more. This newsletter is open to SEIA Members and to the general public.
SunPower has started construction on the 100 MW Boulder solar energy plant in the Eldorado Valley of Boulder City, Nevada.
A new report from Duke University, The Solar Economy: Widespread Benefits for North Carolina, found that public policies such as North Carolina’s Renewable Energy Portfolio Standard and Investment Tax Credit have made North Carolina first in the south and fourth in the nation for installed solar investment, creating jobs and boosting the economy across the state.
WASHINGTON, DC – According to a new report by The Solar Foundation, Nevada’s solar industry employment grew 146 percent in the past year, allowing it to rise to 7th in number of solar jobs by state and 1st in per-capita solar jobs. Rhone Resch, president and CEO of the Solar Energy Industries Association (SEIA) said that the big jump in employment is the result, in part, of pro-growth policies supported by Senator Harry Reid and Senator Dean Heller. The state added 3,500 solar jobs over the previous year.
Massachusetts' continued commitment to clean, solar energy is paying off, according to a just-released report by The Solar Foundation, which shows the state second only to California in solar jobs. Reacting to the news, Rhone Resch, president and CEO of the Solar Energy Industries Association (SEIA), said this remarkable progress is a result of several factors.
Saying it revealed “very encouraging trends,” Rhone Resch, president and CEO of the Solar Energy Industries Association (SEIA), today applauded the findings of The Solar Foundation’s latest State Solar Job Census.
Under the California Climate Leadership initiative, State Senate President pro Tempore Kevin de León, Senators Ben Hueso, Mark Leno, Fran Pavley and Bob Wieckowski, with the support of leaders from the business, labor, public health, consumer advocacy, and environmental communities, have announced a package of bills that would help meet Governor Brown’s climate change objectives by setting clean energy goals, divesting in fossil fuels and spurring growth in the clean energy economy. Rhone Resch, president and CEO of the Solar Energy Industries Association (SEIA), released the following statement applauding the initiative:
Solar asset management and operations and maintenance (O&M) provider Radian Generation has released its Lens internal software platform for use by solar investors.
Salt Lake City-based Sustainable Power Group (sPower) has been awarded a 20-year power purchase agreement (PPA) with Southern California Public Power Authority (SCPPA) to provide 68.8 MW of solar power.
Impress Labs, a brand-driven communications agency for the solar and clean energy industries and other technology sectors, launched the Solar Marketing Think Tank, an idea forum and blog hub for solar marketing, public relations and communications professionals.
Chinese vertically integrated solar company JA Solar has completed construction of its first manufacturing facility outside of China – a RM300 million ($70 million) facility in the city of Bayan Lepas, Malaysia.
Chinese vertically integrated solar company Trina Solar has confirmed that it has connected two-thirds of its Yunnan solar farm to the grid, surpassing 200 MW this week having added 133 MW in the third quarter alone.