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The New York Green Bank announced its debut transactions, expected to stimulate US$800 million of investment for clean energy projects in New York.
Santander Bank will provide a US$377 million credit facility to Solar Star California XIII, a SunPower hold co.
SunEdison has closed construction finance with Deutsche Bank for a 26MW solar power plant in California.
US wholesale energy provider, Southern Power announced it has acquired a 150MW solar plant in California.
Soitec Solar Development, a subsidiary of semiconductor manufacturer Soitec, has agreed a 150MW module deal with a North American PV energy provider. The customer has a power purchase agreement with San Diego Gas & Electric (SDG&E) for the solar project in California.
SPI and GD Solar are to develop 500MW of solar in China, each year from 2015 to 2017, for a total of 1.5GW.
The US Department of Energy SunShot Initiative granted solar financier Mosaic a second award in the amount of US$650,000 to support its home solar loan programme that should help the initiative’s mission to make solar a cost-competitive form of electricity by the end of the decade.
Europe’s climate and energy future hangs in the hands of politicians meeting in Brussels today and tomorrow.
SunEdison has been awarded 17.7MW of distributed generation across 30 PV projects in California, with investors in the company’s ‘yield co’ TerraForm Power likely to benefit.
Consolidation in the PV manufacturing equipment sector has continued with Amtech Systems acquiring BTU International in an all stock transaction valuing BTU at US$32.5 million.
As expected, LDK Solar’s three US subsidiaries have filed for Chapter 11 bankruptcy protection at the District of Delaware US Bankruptcy Court, according to court documents.
Australia’s Renewable Energy Target will not be scrapped following talks held today, but the government is still negotiating exemptions with the opposition.
UK renewables investor, TRIG, has said it will give more attention to rooftop solar due to cuts in funding for solar farms.
Renewable energy group, Enel Green Power (EGP) has begun construction of a 19MW solar power plant in Chile.
Struggling PV project developer juwi has sold a majority holding in the company to German utility MVV Energie for an undisclosed sum.