JP Casey

Nobel Energy has signed a memorandum of understanding with Azerbaijan to develop a 400MW solar project in the western exclave of Nakhchiva.

Crow Holdings has launched a renewable power arm, which will work to develop community solar projects and “mid-sized, utility-scale projects”.

A satellite launched by Caltech has received and transmitted solar power to Earth, the first time this has been done.

Lightsource BP has completed a US$460 million financing package that will enable the construction of 368MW of solar power in the US.

Emeren published its financial results for the first quarter of the year, posting total revenues of US$12.9 million.

Spanish power company Iberdrola and the sovereign fund of Norway will invest in 1.3GW of renewable capacity in Spain.

Researchers from the Hong Kong Polytechnic University have developed a new form of organic solar cell, with an efficiency of 19.31%.

Solek has reached a funding agreement with several banks and investors to provide US$379 million for its solar power portfolio in Chile.

Kenyan solar power company Sun King and investment bank Citi have partnered on a US$130 million securitisation deal.

Motor Oil Renewable Energy has acquired a majority stake in holding company Unagi S.A. with a 1.9GW solar portfolio.