Global corporate funding in the solar industry reached US$25.3 billion in 2015, with a record year for residential and commercial solar, according to consultancy firm Mercom Capital.
Major renewable energy provider SunEdison has secured new term loans to reduce debts but carry an interest rate of LIBOR + 10.0% per annum through mid-2018.
Delhi-based private distribution company (Discom) BSES, which is backed by Indian conglomerate Reliance Infra, plans to procure 700MW of clean energy including solar power using a reverse auction process.
Google is expanding its online solar service that helps customers assess cost and benefits of installing solar on rooftops to be able to reach more homeowners.
PV component and module manufacturer RenewSys India (RIPL) has ordered a 100MW solar cell line from unnamed European manufacturers in order to expand its own manufacturing facility in Hyderabad.
A round-up of solar news from throughout the holiday period including SunEdison deals, Qatar's next solar steps and the verdict in Heraeus' patent case.
US Residential solar PV installer SolarCity has stopped operating in the US state of Nevada after the Nevada Public Utilities Commission (PUC) approved a plan that will restrict net metering credits and boost charges against solar users in the state.
Quercus Assets Selection, an investment company focusing on renewable energy, and Swiss Life Asset Managers, have acquired Antin Solar Investments (ASI) along with its 77.1MW solar PV portfolio in Italy through a competitive bidding process.
Renewable energy firm SolarCity was responsible for 34% of residential solar PV installations in the first three quarters of 2015, according to GTM Research’s ‘US PV Leaderboard: Q4 2015’.
