Major names including Bank of America, Citigroup, Barclays and UBS have aided Abengoa Yield to more than double its credit facility from US$125 million to US$290 million.
South-Korean tier-one PV manufacturer Hanwha Q CELLS is entering a joint venture with Indian energy company ReNew Power to develop two solar projects in the Indian state of Telangana with 148.8MW capacity.
Deutsche Bank analyst Vishal Shah has said US installer SolarCity could be one of the indirect winners from news that SunEdison and its yieldco, TerraForm Power, are to acquire residential installer Vivint Solar.
Major renewable energy provider SunEdison is launching its second yieldco firm, TerraForm Global today as well as an US$800 million ‘Green Bond’ for the yieldco due 2022.
Solar industry members have expressed concern that this week's record low bids for solar contracts in India may not translate into "workable" projects.
