SunEdison, Nationwide Mutual, Sol Systems, and National Bank of Arizona announce a $50 million fund to finance 13.4 MW of solar installations for the California Department of General Services. The projects are expected to help the local economy and tax base.
SunEdison and the SunEdison Foundation contribute $1.2 million toward a partnership with GRID Alternatives on a new National Women in Solar Initiative. The initiative aims to increase the number of women in the solar industry and support their professional advancement.
SunEdison announces it has completed a 16.4 MW solar power plant for Davis-Monathan Air Force Base. The largest solar installation in the Department of Defense is expected to save the base $500,000 a year.
As REITs and MLPs raise less capital, there's still talk of YieldCos as investment vehicles for solar projects. What lies ahead for financing in the solar sector?
In yet another sign that the solar market in Georgia is picking up, SunEdison and URE announce two solar projects in the state, just part of their plan to drive the growth of the small to mid-sized solar market there. Both projects take underused land and turn it into solar savings.
Solaire Generation completes installation of solar carports at new Whole Foods Market in Brooklyn, New York. The solar system, developed and financed by SunEdison, will supply approximately 380,000 kWh of clean energy annually and is the largest solar parking system in New York City.
De Lage Landen Financial Services, a global provider of asset-based financing solutions, has increased its investment to over $100 million in a sale-leaseback fund. The fund delivers financing to distributed generation solar PV projects developed by SunEdison within the U.S.
Soitec and SunEdison enter into a patent cross-license agreement relating to silicon-on-insulator (SOI) wafer products. The agreement provides each company with access to the other's patent portfolio for SOI technologies and ends all outstanding legal disputes between the companies.
SunEdison appoints Georganne C. Proctor, former Chief Financial Officer of TIAA-CREF, as an independent member of the board and as a member of the audit committee.
SunEdision has closed a $212.5 million debt financing arrangement with IFC and OPIC. The debt proceeds will be used to finance a SunEdison owned 100MWp solar power plant in Chile. The project is expected to be completed in Q1 2014.
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