Sentences with phrase «solar yieldco»

And we divined the debut of SunPower - First Solar YieldCo, 8point3.

Not exact matches

First Solar pulled back from 8point3 as it decided to chose to undergo the massive retooling to move to Series 6, and now the yieldco is undergoing a strategic review to decide what path to take forward.

Yieldcos are publicly traded units that hold renewable energy assets such as solar power plants and wind farms, including those bought from the sponsor or the parent company.

To top it off, the developer formed a second yieldco, TerraForm Global, to hold its international solar and wind projects.

After months of investor concern regarding SunEdison's buying spree, a lawsuit by hedge fund manager David Tepper stopped a loan that would have enabled the acquisition of Vivint Solar, and the house of cards began to fall, ending in a messy bankruptcy that threatened to drown its two yieldcos.

In its long list of firsts, SunEdison had also developed the world's first solar - yieldco, TerraForm Power, blazing a trail followed by NextEra Energy, NRG and later SunPower and First Ssolar - yieldco, TerraForm Power, blazing a trail followed by NextEra Energy, NRG and later SunPower and First SolarSolar.

First Solar is also planning to withdraw from yieldco 8point3 Energy Partners, which it jointly sponsors with SunPower.

With the possibility of sharing technology between the two entities, the yieldco could be the first step in greater collaboration between SunPower and First Solar.

8Point3 Energy Partners LP (NASDAQ: CAFD) was initially founded as a joint venture yieldco between First Solar, Inc. (NASDAQ: FLSR) and SunPower Corporation (NASDAQ: SPWR) with the intention of buying solar assets from both entities and then paying up to 80 percent as a diviSolar, Inc. (NASDAQ: FLSR) and SunPower Corporation (NASDAQ: SPWR) with the intention of buying solar assets from both entities and then paying up to 80 percent as a divisolar assets from both entities and then paying up to 80 percent as a dividend.

Finally, First Solar knows when it's time to consider joining its rival rather than beating it, as it and SunPower consider joining forces to offer a dividend - oriented yieldco for solar projSolar knows when it's time to consider joining its rival rather than beating it, as it and SunPower consider joining forces to offer a dividend - oriented yieldco for solar projsolar projects.

It recently spun off its semiconductor and YieldCo segments through IPOs to reorganize operations around solar.

Yieldcos involve wind and solar projects and the financial benefits project owners can derive from Yieldcos.

First Solar was down 5 %, despite achieving world record thin film module conversion efficiency and pricing its IPO for 8point3, a yieldco formed in conjunction with SunPower.

First Solar and SunPower fell 1 % and 11 % in sympathy with SunEdison and its yieldcos.

The ensuing decline in yieldco stock prices created increased dilution risk and brought growth assumptions into question at U.S. solar companies.

The two solar heavyweights are looking for new buyers, owners and options in the still - healthy YieldCo.

NRG Home offers a residential solar loan in states like North Carolina where the third party ownership financing provided by the yieldco is not legal.

First Solar is also planning to withdraw from yieldco 8point3 Energy Partners, which it jointly sponsors with SunPower.

The Arizona - headquartered solar power company wants to strategically align its resources to support its new Series 6 module, and thus seeks sale of its stake in the joint SunPower yieldco.

In response to First Solar's statement, SunPower confirmed that it will coordinate with First Solar on this review of the yieldco, with SunPower CEO and president Tom Werner stressing: «We will work with our financial advisors to evaluate all alternatives for our investment in 8point3, including a potential replacement partner for First Solar, as we believe 8point3 can continue to benefit from owning long - term, high quality renewable assets.»

Yieldcos are just beginning to take off, but they seem to offer the next big step in solar and wind power growth.

Prior to First Solar announcing its intention to sell, 8point3 Energy was forecasting 2017 revenue of between $ 63 - 67 million, although CEO Chuck Boynton warned at the time that as the industry's sole solar - only yieldco, 8point3 was uniquely exposed to the winds of change that regular buffeted the solar induSolar announcing its intention to sell, 8point3 Energy was forecasting 2017 revenue of between $ 63 - 67 million, although CEO Chuck Boynton warned at the time that as the industry's sole solar - only yieldco, 8point3 was uniquely exposed to the winds of change that regular buffeted the solar indusolar - only yieldco, 8point3 was uniquely exposed to the winds of change that regular buffeted the solar indusolar industry.

In a conference call the yieldco says that sale of 376 MW of solar projects in the UK is at an advanced stage, and gave additional information on financial metrics.