Residential PV services provider OneRoof Energy, a subsidiary of OneRoof Energy Group, has signed a US$50 million construction loan facility with Black Coral Capital, a current investor in the company. In addition, Black Coral has funded US$9.05 million of working capital in secured non-convertible notes to support solar 2.0 national growth strategy.
Leading ‘Silicon Module Super league’ (SMSL) member Trina Solar has said its well respected chief financial officer, Ms. Teresa Tan has resigned to ‘pursue other personal interests.’
Italian renewable energy firm TerniEnergia continues to strengthen its position in the African PV market with its latest 34MW EPC and O&M contract in Zambia.
Technically bankrupt integrated PV module manufacturer Yingli Green maybe finally undergoing some form of business and financial restructuring, according to some vague references made by management in its most recent earnings call that attracted only two financial analysts.
Andy Colthorpe and Ben Willis profile some of the companies and technologies making waves in the fast-changing world of stationary energy storage, in a feature article which originally appeared in the seventh issue of PV Tech Power.
French energy giant Total is making good on its promise to become one of the top players in renewable power within 20 years by continuing its foray into the clean energy sector by acquiring Lampiris, Belgium’s third-largest natural gas and renewable power vendor for the residential sector.
Struggling integrated PV module manufacturer Yingli Green Energy met module shipment guidance and reported a small positive net income in the first quarter of 2016, the first time since the third quarter of 2011, supported by a significant reduction in operating expenses.
Indian conglomerate Adani Group has become the leading solar developer in India in terms of commissioned and pipeline capacity after winning all 100MW of solar capacity available in the latest auction from the state of Chhattisgarh, according an industry analyst.
UK-based solar investment fund NextEnergy Capital (NEC) is to invest more than €150 million (US$210 million) in the Italian solar market after receiving backing from the UK subsidiary of insurance and investment giant Prudential.
meteocontrol, a subsidiary of Shunfeng International Clean Energy (SFCE) is launching several new features and refinements made to its SCADA Center and VCOM monitoring solutions for PV power plants at Intersolar Europe 2016, as well as its ‘Pit Stop’ service for existing systems.
