Financial & Legal

August 9, 2018
Kazang Solar, the distribution partner of UK-headquartered off-grid solar specialist Azuri Technologies in Zambia, has been awarded US$1.6 million from the Africa Enterprise Challenge Fund (AECF) to provide home lighting products to more than 7,000 off-grid customers in rural Zambia.
August 9, 2018
Lightsource BP has acquired six solar power assets totalling 135MW of capacity in Pennsylvania and Maryland from Orion Renewable Energy Group.
August 9, 2018
The Committee on Foreign Investment in the United States (CFIUS) has blocked the US$232 million investment by Shenzhen Energy in three projects owned by Recurrent.
August 8, 2018
Elon Musk has confirmed that he wants to take Tesla private as board-level discussions commence.
August 8, 2018
US solar developer Cypress Creek Renewables has received a US$200 million investment from the Singapore-based firm Temasek.
August 8, 2018
A company owned by Richard Branson’s Virgin Group has joined a Caribbean-wide effort to improve the resilience of clean energy projects by acquiring a 4MW solar plant that was damaged by Hurricane Maria.
August 8, 2018
Ali Imran Naqvi, Vice President of India-based advisory and engineering firm, Gensol Group, explains why harm stemming from the Indian government's safeguard duty on solar cell and module imports might not be too pronounced nor too long-lived.
August 8, 2018
Canadian Solar has closed US$45 million in financing with Natixis, a subsidiary of French banking company Groupe BPCE, that will be used to construct Canadian Solar’s 68MW PV project in Aguascalientes, Mexico.
August 7, 2018
China-based polysilicon and wafer producer Daqo New Energy has guided wafer sales volume down 70%, year-on-year as the caps on utility-scale and Distributed Generation (DG) solar projects in China at the end of May start impacting quarterly business results for many companies dependent on the China solar market.
August 7, 2018
Module prices in India will remain 14% lower than eight months ago even after the imposition of a 25% safeguard duty on imports, according to analysis by IHS Markit.

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