Financial & Legal

October 30, 2017
WElink Energy has started construction of a 221MW solar PV plant in Portugal that will not benefit from subsidies.
October 30, 2017
Scatec Solar and its partners have reached financial close for six PV projects in Egypt with a combined generation capacity of 400MW.
October 27, 2017
India’s Ministry of New and Renewable Energy (MNRE) is finalising laws that will include penalties for state governments and distribution companies (Discoms) that do not honour power purchase agreements (PPAs), according to power minister R.K. Singh.
October 27, 2017
Single-axis solar tracker firm Soltec, headquartered in Spain said it expects to double its turnover and supply more than 1.1GW of trackers in 2017.
October 27, 2017
Thin-film manufacturer First Solar reported record Q3 bookings of 4.5GW taking the company’s order book to 7.4GW for shipments out to 2020.
October 27, 2017
The bank noted that more than five million people could be reached through solar PV.
October 26, 2017
RES Australia has reached financial close on the 68MW Emerald Solar Park in Queensland, Australia, with the company adding that construction of the PV plant will commence immediately.
October 25, 2017
International solar PV systems integrator Phoenix Solar has lowered its full-year revenue guidance a second time but added a profit warning as delays in project approvals increase due to the US ITC ‘Section 201’ trade case creating market uncertainty.
October 25, 2017
US-based investment fund Global Infrastructure Partners (GIP) and co-investors have acquired Singapore-headquartered Equis Energy, the largest renewable energy IPP in the Asia Pacific region, for US$5 billion along with assumed liabilities of US$1.3 billion.
October 24, 2017
US residential solar PV and energy storage installer Sunrun has secured a US$244.5 million of senior secured credit facilities from a syndicate of lenders for future growth.

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