Former Energy CEO David Crane Envisions a Future without Fossils
During Crane’s 12-year run as CEO, he tried to transform NRG—then America’s fourth-largest carbon emitter—into a firm focused on wind, solar and nuclear power.
Read MoreNews
Pay-As-You-Go Solar Companies Spread Light Across Africa
Just nine months after pay-as-you-go (PAYG) off-grid solar company PEG announced that it had raised $3.2 million to expand its presence in Ghana, today the company announced that it has raised an additional $4.3 million to continue that expansion.
Paris-based Energy Access Venture (EAV) invested $2 million in the latest round, joining Blue Haven Initiative. Existing investors Engie Rassembleurs d’Energie and Investisseurs & Partenaires also participated in the round. The funding will be used to expand operations in Ghana, build out the management team, and to enter Ivory Coast.
Read MoreVivint Said to Seek $300 Million for Rooftop Solar Operations
Vivint Solar Inc., the second-largest U.S. rooftop solar company, is seeking a financing package of about $300 million to help grow its operations, according to two people familiar with the deal.
Read MoreCon Edison Bundles Rooftop Solar, Storage to Supply Grid Power
SunPower Corp. and Consolidated Edison Inc. plan to offer rooftop solar panels bundled with batteries to more than 300 New York residential customers, creating a system that will be able to store energy to feed the grid.
Read MoreYingli Reaches Agreements With Lenders to Modify Loan Payments
Yingli Green Energy Holding Co. reached deals with lenders to modify loan agreements after the Chinese solar manufacturer defaulted on 1.76 billion yuan ($267 million) in debts in April. Its American depositary receipts surged.
Read MoreYingli Reaches Agreements With Lenders to Modify Loan Payments
Yingli Green Energy Holding Co. reached deals with lenders to modify loan agreements after the Chinese solar manufacturer defaulted on 1.76 billion yuan ($267 million) in debts in April. Its American depositary receipts surged.
Read MoreIndia’s Tata Power to Buy $1.4BN Renewables Portfolio
Tata Power Company Ltd. agreed to buy a 1.1-GW solar and wind portfolio from Welspun Renewable Energy Pvt in India’s biggest clean energy deal, according to an exchange filing.
Read MoreEnergy Storage Market to Equal Rooftop Solar by 2028
Batteries capable of storing power at utility scale will be as widespread in 12 years as rooftop solar panels are now, revolutionizing the way consumers use energy.
Read MoreKenya Plans Debut Green Bond to Fund Renewable Energy Projects
Kenya, East Africa’s biggest economy, is in talks with international investors to prepare the sale of the country’s first green bond, Nairobi Securities Exchange Chief Executive Officer Geoffrey Odundo said.
Read MoreSamsung May Supply Batteries to Tesla Energy, CEO Musk Says
Tesla Motors Inc. may get batteries for its energy unit from Samsung SDI Co., Elon Musk, chief executive officer of the electric-car company, said on Twitter.
Read More