- Industry Roundup
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- PV Modules
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PV equipment maker Singulus Technologies will undergo a financial restructuring as it looks to reduce it debt.
The renewable energy advisory subsidiary of German insurance giant Allianz is to offer risk assessment and certification services to PV projects in partnership with VDE and Fraunhofer ISE, two of solar’s best known certification and testing houses.
Yingli has netted RMB588.2 million (US$94.9 million) from the sale of land earmarked for the expansion of its in-house polysilicon operations.
Independent power producer sPower and financial advisory firm CohnReznick have secured a US$168.5 million finance deal for the acquisition of 25 solar projects.
Investment from Credit Suisse into SolarCity will lead to US$1 billion worth of commercial solar installations, with energy storage expected to be an integral part of the offering.
A proposal floated by academics from Stanford University to slowly phase down the Investment Tax Credit (ITC) instead of cutting it from 30 to 10% has been dismissed by the industry.
Folsom Labs, the California-based developer of PV sales and design software HelioScope, has raised US$1 million in a round of funding from other major software players.
Major PV inverter manufacturer Sungrow Power Supply reported a significant increase in overseas inverter shipments in 2014, while increasing overall shipments by 6.7%.
PV project developer SPI Solar has launched an international version of its online investment platform solarbao.com.
Newly merged, Hanwha SolarOne and Hanwha Q CELLS have issued its 2014 full-year financial report, meeting lowered shipment guidance on the back of module tolling for former sister company but overall results were lacklustre when compared to major rivals.
Solar developer Solairedirect has been valued at €386 million (US$414 million) after it announced its indicative share price range ahead of its forthcoming IPO.
Bundling a number of solar power generation assets into one investment fund through so-called ‘yieldcos’ is lowering the cost of renewables, while the yieldco market itself is expected to experience substantial growth in the next few years, an investment banker has said.
International downstream PV firm Conergy and developer Holocene have jointly reached financial close on a 28MW portfolio of PV projects in North Carolina.
French developer EDF Energies Nouvelles and Japanese industrial conglomerate Marubeni have entered Chile’s solar market with a 146MW project.
The growth of solar yieldcos and the pending decrease in the US investment tax credit ensured a buoyant first quarter of 2015 for corporate funding of the global sector, according to clean-tech research firm, Mercom.