The International Finance Corporation (IFC), an arm of the World Bank, is planning to launch a new financing facility to pump-prime small-scale PV development in emerging markets, PV Tech has learned.
A central figure in SolarWorld’s successful fight to obtain anti-dumping duties on Chinese imported solar products in the US has been replaced as president of its US operations.
The performance of a number of large PV installations in the US dipped over the summer following a series of weather anomalies, prompting calls for greater awareness of climatic risk in project financing.
Another major milestone has been reached in the 550MW Topaz Solar Farms construction with a total of five million, First Solar-made CdTe thin-film modules having been installed.
Shunfeng Photovoltaics International, the company revealed yesterday as a bidder for struggling Wuxi Suntech, has secured a HK$980,000,000 (US$126,000,000) loan to expand its PV project development business.
Thin-film PV manufacturer First Solar is selling its unused manufacturing plant in Mesa, Arizona, built at a cost of around US$300 million, for over US$100 million.
Norwegian manufacturer REC’s division into REC Solar and REC Silicon has made it possible for the company to “invest heavily in research and development again”, according to REC Solar’s senior vice president for sales and marketing, Luc Graré.
Mercom Capital has published its Q3 2013 Solar Funding and M&A Report, in which the clean energy communications and consultancy firm claims that total corporate funding, global venture capital funding and solar mergers and acquisitions activities all showed increases from the previous quarter.
