Financial & Legal

China-based polysilicon producer Daqo New Energy is upgrading CVD chambers and debottlenecking to enable mono-grade polysilicon production to account for approximately 80% of capacity, due to strong demand and higher ASPs, compared multi-grade polysilicon.

Government and World Bank hire impact investor Bamboo to run US$17m scheme meant to improve power access in state still reeling from 2010 earthquake.

Development duo share plans for US$41m of debt to back 55MW project in Gegharkunik province, to be built by Dutch-Spanish consortium.

Turkish EPC 77 Group secures loans from ADB, CFPS II for project it will build in Kandahar through public-private partnership.

Ministerial move to allow direct clearing of 1-10MW projects by regulator NERSA will help 1GW pipeline awaiting approval ‘for years’, says PV body SAPVIA.

Phase-out scenarios by Berkshire Hathaway Energy unit and others underscore ‘economic sense’ of cleaner alternatives, say IEEFA analysts.

Firm raises €23m (US$25.67m) subordinated loan from Hansainvest Real Assets to support 85 solar installations, with plans to add new projects.

PV Tech’s José Rojo on navigating the Munich crowds of an industry fast approaching a new golden era that will change the rules of the solar game.

Monopoly utility EVN warns of forthcoming grid integration challenges but aims to help investors hit COD targets.

Fund management firm Copenhagen Infrastructure Partners (CIP) has established a new fund to invest in greenfield renewable energy infrastructure primarily in Asia and Latin America, with expectations of reaching US$1 billion by the final close.