US-based residential and small commercial PV installer RGS Energy said it expected to have netted around US$3.6 million from its latest US$4.1 million public share offering as it struggles to comply with the NASDAQ minimum stock price rule and possible de-listing.
Spain’s new energy minister has confirmed plans for a much-anticipated 3GW of renewable auctions, but concerns remain over the parameters of the tenders.
Specialist PV manufacturing equipment supplier Singulus Technologies said it had received the next contractually agreed pre-payment from the Chinese state-owned enterprise China National Building Materials (CNBM), owner of CIGS thin-film manufacturer, AVANCIS.
An Arizona scheme to study the use of energy storage and smart inverters in integrating solar to the grid has contracted the deployment of 4MW of AES Energy Storage’s lithium battery systems.
PV manufacturer Wuxi Suntech has established a new sales and service hub in Europe since withdrawing from the EU Minimum Import Price (MIP) agreement in October, 2016.
Solar development in India is being held back by delays in preparing the 20GW of solar park capacity planned by the central government, according to consultancy firm Mercom Capital Group.
The International Finance Corporation (IFC) and FMO, the Dutch development bank have invested a collective €14.62 million (US$15.52 million) in Mobisol, a German pay-as-you-go (PAYG) solar service company, in order to deliver renewable energy solutions to off-grid communities in East Africa.
