Blockbuster Sunrun/Vivint Merger Challenges Tesla Solar Ambitions
Sunrun has acquired Vivint Solar to become the largest roof top solar company in America.
Vivint Solar
10 Bonus Solar News Stories
There was plenty of positive solar energy news this month. Aside from the 63 solar stories we’ve published so far, below are 10 more stories that seem worth looking at even though we didn’t take time to explore them in detail.
70% of Americans Support Solar Mandate on New Homes
CITE Research recently conducted a survey for Vivint Solar and found that 70% of Americans would support a nationwide mandate requiring that solar panels be installed on all newly built homes.
Vivint Solar Secures New $325 Million Credit Facility To Fund Continued Growth
Vivint Solar, the second-largest residential solar provider in the United States, announced on Tuesday that it has closed a $325 million revolving warehouse credit facility which refinanced the aggregation credit facility that was set to mature in 2020 and is intended to reduce the cost of debt by 87.5 basis points, helping to fund the company’s future growth.
Vivint Solar Closes $100 Million Financing To Support 55 Megawatt Residential Pipeline
The United States’ second-largest residential solar provider, Vivint Solar, announced this week that it has received commitments for an additional $100 million of tax equity financing which will be used to support the rollout of over 55 megawatts (MW) of residential solar energy systems.
Tesla Falls To 3rd Behind Sunrun & Vivint Solar In US Home Solar
Cleantech darling Tesla has fallen to third place in the Wood Mackenzie Power & Renewables ranking of US residential solar installers, with Sunrun securing its spot atop the pile and Vivint Solar reclaiming the number two spot for the first time in nearly two years.
Vivint Solar Finishes 2018 With A Whimper
Vivint Solar, one of the United States’ leading residential solar providers, struggled to the end of 2018 according to its recently-released Fourth Quarter and Full Year 2018 financial results, published last week, with a lackluster fourth quarter which missed numerous financial metrics.
What Changed In The Solar & Energy Storage Industries In 2018?
I started covering the solar energy industry seriously in 2009. It seemed like a hopping, exciting time in the industry — growth was exploding. I remember one early story in which readers admonished me a little because I put “Solar Power Exploding” in a headline, and they thought I was referring to genuine explosions. In 2019, 2009 and 2010 progress looks like anthills.
What Changed In The Solar Energy Industry In November?
Moving forward with our monthly What Changed … ? feature, below is a rundown of notable solar energy news — changed in the solar industry — during the month of November.
US Solar Customers Prefer Solar Loans, Finds WoodMac
New research from Wood Mackenzie has found that solar loans were the preferred and dominant financing solution for residential solar systems in the United States through the first half of 2018, accounting for 42% and outperforming third-party-owned solar systems for the first time.
