Solar

Solar names have struggled to gain momentum for another leg higher. Credit Suisse reviewed April data for utilities out of California and leaded application growth in April registered growth of 44 percent year-over-year vs 35.7 percent in March. The strength, according to analyst Patrick Hobin...

The Latin American country of Chile could serve as a model for clean power as the solar industry has expanded so quickly electricity is being given away for free. But this isn't necessarily a good thing for solar companies. According to Bloomberg, spot prices for electricity in certain...

Shares of Vivint Solar Inc (NYSE: VSLR) surged +29 percent after Deutsche Bank upgraded the stock to Buy from Hold, saying that its power co-valuation exercise suggests considerable upside for the solar company. The brokerage also raised its price target on the stock to $7.50 from $3.50. The new...

SunEdison, previously traded on the NYSE under the ticker SUNE, filed for bankruptcy April 21, but its troubles may reach beyond the company itself and continue to weigh on the entire solar industry. Before the bankruptcy, SunEdison was down by more than 95 percent year-to-date at one point,...

Solar equities have been embroiled in controversy this year, much of it thanks to Sunedison Inc (NYSE: SUNE), which according to some reports, has retained a bankruptcy firm. That stock has lost nearly 93 percent of its value this year, so it's probably not surprising that the Guggenheim Solar ETF...

Sunedison Inc (NYSE: SUNE) is off to a rough start this week, down more than 50 percent in early Monday trading, currently trading around the $0.23 handle. It's no real surprise that the issue is having trouble, as reports have been swirling regarding the company's plans to file a...

The latest solar installation numbers indicate that 2016 could be a rough year for U.S. solar companies. Axiom analyst Gordon Johnson reported early PV pricing trends and installation rates are way off industry projections for the full year. The Energy Information Administration (EIA) just...

Solar investors are bracing for further industry-wide selloffs following concerning reports that Sunedison Inc (NYSE: SUNE) is the subject of a Securities and Exchange investigation. Shares of SunEdison plunged below the $1 mark as the company is alleged to have overstated how much cash it...

Back in September of 2015, AES Distributed Energy announced a new solar asset-backed securities (ABS) offering. Together with four other similar offerings by SolarCity Corp (NASDAQ: SCTY) and Sunrun Inc (NASDAQ: RUN), the total amount of solar ABS offerings at the time had reached $560.5 million...

Axiom’s Gordon Johnson maintained a Sell rating on Sunedison Inc (NYSE: SUNE), while reducing his price target from $0.39 to $0.22. Sunedison In Negotiations According to a Debtwire report, the company is in Debtor-in-Possession (DIP) negotiations with second lien load holders,...

TerraForm Power Inc (NASDAQ: TERP) is spiraling in pre-market Wednesday, at one point down roughly 20 percent. The substantial drop follows a company press release explaining that its annual 10-K filing will once more be delayed, beyond the initial 15-day extension period granted February 29...

Vivint Solar Inc (NYSE: VSLR) has taken steps to sue Sunedison Inc (NYSE: SUNE) on accusations that the latter willfully breached a previous merger agreement between the two entities. According to Vivint's press release, Vivint stated, "Among other things, Vivint Solar is seeking...