Israel-based waterless solar cleaning solutions provider Ecoppia has completed a US$13 million round of funding, led by Swarth Group, GlenRock, Gandyr, and a new investor, Israel's largest insurance group, Harel Group Insurance and Finance.
Nine of Europe’s industrial power giants and most prominent green bond issuers have clubbed together to put green bonds - mechanisms that are beginning to draw huge traction worldwide - at the heart of their financing strategies.
Chinese clean energy firm Linyang Energy has signed an MoU with Singapore-based solar developer Sunseap to work on distributed solar, floating solar, module supply and energy efficiency projects locally in Singapore.
Philippines-based commercial bank, BDO Unibank, has issued its first green bond investment for US$150 million to sole investor the International Finance Cooperation (IFC), to expand finance for private sector investments and to tackle climate change.
Meyer Burger Technology has announced that 100 staff will definitely be let go from its facility in Thun after a consultation procedure was completed on 28 November. However the security of another 60 positions will be dependant on whether strategic alternatives are found.
International solar PV systems integrator Phoenix Solar has announced plans to enter insolvency proceedings due to US$ 8.0 million reimbursement claim by a US customer.
Major PV inverter manufacturer SMA Solar Technology has sold more than 1GW of solar inverters in India during 2017 and has now exceeded 3GW of cumulative sales in the country.
Renewable energy insurer GCube has secured a new underwriting facility to manage project risks during construction and operations in the Middle East and North Africa.
Leading ‘Silicon Module Super League’ (SMSL) member JinkoSolar has increased its module shipment guidance, ensuring its global market leadership in 2017.
Indian solar tariffs are overdue a major correction and many smaller players are likely to drop out of the sector over the next few years, according to panellists at Intersolar India 2017 in Mumbai.
