Bluewave, a Boston-based developer of solar projects, claimed that it has “secured US$100 million” for community solar from a subsidiary of multinational investment house Morgan Stanley.
GCL New Energy Holdings, parent company to GCL-Poly and developer GCL New Energy, has issued a profit warning to the Hong Kong Stock Exchange, with which the company is listed.
Renewable energy firm SunEdison has cancelled a US$250 million deal to buy a 16% stake in Brazil’s largest renewable energy company, Renova Energia S.A, which is the second time in two months that the developer has pulled out of deals in the Latin American region.
Solar independent power producer Etrion Corp has completed a €222 million (US$236 million) refinancing of the majority of its solar parks in Italy, which includes long-term, non-recourse bank debt and project bonds.
Dallas-based renewable energy company Tri Global Energy, which has a 6GW portfolio of utility-scale wind projects, has formed a new solar energy business unit named TGE Solar, and acquired California-based rooftop solar provider K12Solar.
The big-six Silicon Module Super League (SMSL) members face manufacturing pressures over technology migration meaning big advances may not happen in 2016, writes Finlay Colville.
Spain-based renewables firm Abengoa began insolvency proceedings yesterday after Gonvarri, an arm of industrial group Gestamp, decided against a plan to invest around EUR350 million (US$371 million) into the company.
In only the last two quarters of 2015, PV module shipments and full-year guidance from the six ‘Silicon Module Super League’ (SMSL) players has changed significantly. Mark Osborne reveals the manufacturers set to take the top spots this year.
Independent PV power producer Sky Solar Holdings has reported relatively flat third-quarter revenue as it remained conservative in its capital allocation for building PV projects, while continuing to focus on completing projects in Japan, due to its financing partnerships in the country.
Struggling ‘Silicon Module Super League’ member Yingli Green Energy has missed shipment guidance for the third quarter and will take a non-cash impairment charge of US$581.3 million on long-lived manufacturing assets, due to lower utilisation rates.
