Ecoligo is a Berlin-based crowdfunding start-up for solar projects in Africa’s commercial and industrial (C&I) market. Even though it is a company still very much in its infancy, it is already making waves by providing competitive alternatives to traditional bank loan products and connecting German private investors to tailored off-takers.
Recently bankrupt Sungevity has sold assets to Solar Spectrum, a newly-established solar firm backed by Minnesota-based private equity firm Northern Pacific Group.
Struggling China-based PV manufacturer Yingli Green Energy, which recently reported an annual loss of US$293.6 million and total debts of US$2.2 billion has received new demands from bondholders over looming payments and partial previous defaults.
News in Brief: SCE tops the SEPA rankings for the top solar capacity of utilities for the second year in a row, PG&E issues an RfP for renewable energy projects ranging from 0.5MW to 20MW, Canada's Solar Alliance acquires the entire LA residential solar pipeline of an undisclosed US company, and Rhode Island's Gina Raimondo has announced a 40% increase in the state's clean energy jobs.
India will add 9,812MW of solar PV this year, according to the latest quarterly market update from Mercom Capital Group, which is significantly up from the 9,020MW that the consultancy previously forecast in January this year.
Specialist PV manufacturing equipment supplier Amtech Systems has secured a follow-on order for the second phase of a multi-phase 1GW project for high-efficiency n-type PERC and n-type bifacial cell equipment.
The complaint filed by Suniva is not a revival or renewal of the longstanding anti-dumping and anti-subsidy cases, however, it’s something different all-together. For want of a better phrase, it’s the nuclear option, and ultimately, President Trump has his finger on this red button too.
A coalition of Indiana tech and finance CEOs are urging governor Holcomb to veto the state’s controversial solar bill that aims to slash solar incentives for residential customers.
