Independent power producer Sky Solar Holdings has announced that its subsidiary Sky Solar Japan has signed off on definitive financial agreements with its existing tokumei kumiai (TK) partner to increase the TK's capital contribution to the partnership in regards to 67 solar projects with a total capacity of 107.9MW in Japan.
Singapore-based tier-one PV manufacturer REC Solar is teaming with a new business arm of infrastructure investment firm, Orascom Telecom Media and Technology Holding (OTMT), to provide PV systems to residential, commercial and utility-scale projects in Egypt.
Major monocrystalline wafer producer Longi Silicon Materials has reported a first-half 2015 operating income of around US$264.2 million, 15.3% higher than the prior-year period.
Chinese manufacturer Yingli’s European subsidiary has formed a joint venture with renewables developer Namene to focus on PV project opportunities in West Africa.
Two regions have dominated the energy storage market in the US for more than two years, but falling costs and better market design could see deployments spread across the country in future, an analyst with GTM Research has said.
US pressure group the Alliance for Solar Choice (TASC) is mounting a nationwide campaign to persuade Congress to maintain the investment tax credit beyond its planned sunset at the end of 2016.
Major PV manufacturer JinkoSolar’s US subsidiary has teamed with Ygrene Energy Fund to support the financing of residential and commercial PV systems in the US.
Community solar in the US could be eligible for the federal investment tax credit (ITC), according to an advocacy group which has sought a private ruling from the Internal Revenue Service (IRS).