Originally published on Solar Love. American rooftop solar installer Sunrun has revealed the terms of its planned IPO — it aims to raise as much as $309 million in the IPO. The Silicon Valley–formed and backed rooftop solar installer announced plans to file an IPO in June, and has now revealed that … [continued]
8point3 Energy Partners, a yieldco set up through a joint limited partnership between First Solar and SunPower, has announced its pricing for an initial public offering. The latest in a number of yieldcos formed by renewable energy companies to own and operate renewable energy assets, 8point3 Energy Partners announced pricing for … [continued]
The Hong Kong based solar PV project developer Sky Solar Holdings netted a reported US$46.1 million for its recent IPO on the NASDAQ stock exchange, as per recent press reports. The IPO saw 6,353,750 American depositary shares (ADS) put on offer — with each of these being equivalent to eight … [continued]
Sky Solar — the Hong Kong-based energy producer — has reduced its upcoming initial public offering (IPO) of shares by around two-thirds, according to recent reports. This means that rather than the $138 million valuation reported last month, the initial valuation is now down to $48 million. It should go … [continued]
Home security and home automation company Vivint is reported to have confidentially filed for an initial public offering (IPO) for its solar business, Vivint Solar. Reuters is reporting that “people familiar with the matter” who “asked not to be named” have informed them that Vivint may launch the IPO of … [continued]
Based on the rash of predictions for cleantech in 2010 from investors, consultants and media (see the full list at the end of this post), I’ve pulled together a “trend of trends” list below that attempts to synthesis the broader, over-arching themes. As always, I’m amazed that water isn’t on … [continued]
According to Eric Straser, a partner at Mohr Davidow Ventures and a pioneer in cleantech investing, “In 2009… cleantech…is now garnering nearly 20 percent of all dollars invested by VCs. In 2010, we’ll see public investors get into the action with several IPOs…” So what VC trends should be influencing … [continued]
This weekend the main Chinese legislature adopted an amendment to the renewable energy law, requiring that utilities buy all the electricity produced by renewable energy generators. Power enterprises refusing to buy power produced by renewable energy generators would be fined up to an amount double that of the economic loss of the renewable energy company.
In one of the renewable energy sector’s largest IPO’s ever, China’s Longyuan Power Group Corp, Asia’s largest wind power generator is raising money in a share offering this month that is expected to raise $2.2 billion, with trading scheduled to begin on Dec. 10. [social_buttons] Who’s buying? Billionaire Wilbur L. Ross … [continued]
The US is falling behind in the clean energy race, Steven Chu told a Clemson University symposium, while visiting South Carolina on Monday. The University has just won a Department of Energy grant for wind testing at a world-class level, and will be testing wind turbines larger than ever before … [continued]
