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United Photovoltaics Group is close to signing a deal with China Financial Leasing Company (Sinolease) to provide at least US$1.6 billion in PV project funding.
Hanergy has signed a memorandum of understanding (MoU) with renewable energy asset management firm Greenbacker Renewable Energy Corporation for the funding of up to 126MW of PV projects in the US.
A new US$100 million project finance fund for distributed solar in the US is to be set up by Hannon Armstrong Sustainable Infrastructure (HASI) and clean energy finance firm Sol Systems.
The International Electrochemical Commission (IEC) will begin a programme of standardisation for redox flow batteries – which can be used for large-scale energy storage applications – following discussions which were initiated in Japan in October 2013.
Tracking manufacturer SPG Solar has completed the install of a 50MW system for a project in Arizona.
SolarCity looks likely to resume its programme of deploying residential energy storage systems in California, following a preliminary ruling by the state’s Public Utilities Commission appeared to rule in the company’s favour.
The company noted that it could not pay accrued interest and fees, which could result in the bank foreclosing. SPI Solar had total company deficit of US$56.1 million at the end of 2013, much of it owed to LDK Solar.
German PV manufacturer and developer, IBC Solar plans to construct 5.5MW in Rajasthan, India.
Tier-one PV manufacturer JinkoSolar has completed and grid connected two large-scale PV power plants totalling 39MW in Jiangsu province, China.
Leading global PV manufacturer, Yingli Green Energy has joined with China-based investment fund, Sailing Capital, to create a renewable energy fund to invest in Yingli Green’s PV projects.
German solar project developer, ib vogt’s UK subsidiary, vogt solar successfully commissioned 80MW of solar projects in the first quarter of 2014.
Tracking manufacturer Array Technologies (ATI) has installed four systems in California customised to withstand high wind speeds.
Additional renewable energy capacity, including onshore wind and photovoltaic power generation projects, will be granted approval under the third round of South Africa’s Renewable Energy Independent Power Producer Programme (REIPPP), the country’s Department of Energy (DoE) has announced.
Renewable energy forecasts by the US Energy Information Administration (EIA) are at best pessimistic and at worst “simply wrong”, according to a new report by sustainable energy research group SUN DAY.
US-based residential PV installer, Vivint Solar has appointed Dwain Kinghorn as chief strategy and innovations officer to support its expansion plans in the US.