Canadian-based PV project developer JCM Capital said it had secured an undisclosed tranche of funds as part of a US$50 million private placement offering for project financing requirements of three projects scheduled to reach financial close during 2016 and 2017.
PV tracking systems specialist Exosun has secured orders totalling 11MWp for its ‘Exotrack’ HZ horizontal single-axis solar trackers from EPC, Phoenix Solar, for three PV power plant projects in Jordan.
China-based module assembly automation specialist Suzhou Horad New Energy Equipment Co (Horad) has secured a 200MW turnkey module assembly line order with major Taiwanese cell producer, Motech Industries.
A US-based investment hedge fund Appaloosa Management has filed court proceedings to prevent SunEdison’s US-centric yieldco, TerraForm Power, from taking on nearly US$1 billion in debt to acquire Vivint Solar assets from SunEdison, should the deal go through.
AllEarth Renewables a US-based dual-axis solar tracker manufacturer, has announced the introduction of a new L20 solar tracker designed for 72-cell PV modules with a landscape orientation option.
SiTec, a subsidiary of centrotherm photovoltaics said it was developing a highly efficient technology called ‘Genesis’ that when perfected would reduce monosilane fluid-bed reactor (FBR) polysilicon production capital and operating costs by approximately 45% each, compared to legacy FBR decomposition processes.
Major monocrystalline wafer producer Longi Silicon Materials has signed an agreement with Yan'an City, Shaanxi Province Qi County People's Government to build a 100MW monocrystalline module based PV power plant.
Updated: Struggling Silicon Module Super League (SMSL) member Yingli Green Energy said it was building its first PV module assembly plant outside mainland China in a joint venture partnership with EPC firm, Demeter Power Company.
