TerraForm Global, a subsidiary of PV project developer SunEdison, has priced its initial public offering (IPO) of 45 million shares of its Class A common stock at US$15 per share, which represents US$675 million in gross proceeds.
PV manufacturing equipment specialist Singulus Technologies has reported new order intake for the first half of 2015 topped €73.1 million, significantly up from €25.2 million in the prior year period.
Integrated PV manufacturer SolarWorld has updated full-year guidance for 2015, which includes expecting to report a profit for the first time in several years on shipments of over 1GW.
The Brazilian Association of Photovoltaic Solar Energy (Absolar) has signed an agreement with the Brazilian Agency for Export and Investment Promotion (Apex-Brazil) to partner on attracting more foreign investment into the domestic solar industry.
Module manufacturer Wuxi Suntech has lost a lawsuit filed by renewable energy developer ZKenergy in a dispute over a RMB206 million (US$33.17 million) sales contract.
There were 1.2GW of US residential solar installations last year, of which 72% was third-party owned (TPO) through leases and power purchase agreements (PPAs), according to a GTM research study.
Israel-based PV developer Arava Power Company and EDF Energies Nouvelles Israel, a subsidiary of renewables company EDF Energies Nouvelles, have commissioned the 40MW Ketura Solar plant in Israel.
The largest US PV installer, SolarCity, reported continued installation and revenue increase in the second quarter of 2015, backed by increasing pre-booked customers.
Tier-one PV manufacturer and PVEP (Photovoltaics Energy Provider) SunPower is to launch its ‘X-Series’ modules using its next-generation ‘Maxeon’ solar cells with 21.2% nameplate module efficiency and 345W performance configuration in Japan.
