Sentences with phrase «yieldco 8point3»

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

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

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.

Investor Tom Konrad argues the recent sale of 8point3, NRG Yield and Saeta Yield shows the YieldCo market is maturing.

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.

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.»

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 industry.

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