The International Finance Corporation (IFC) was said to have announced that it will invest up to US$60 million in Malaysian PV company Jinko Malaysia, according to Deal Street Asia.
Struggling China-based PV manufacturer Yingli Green Energy has warned of delays in filing its 2016 annual report (Form 20F) with the US Securities and Exchange Commission.
Ségolène Royal, France’s minister of the Environment, Energy and the Sea, yesterday announced the winners of the first period of the country’s rooftop solar tender.
The trend continues for expanding access for low-income households to go solar, as residential installer Sunrun extends its partnership with GRID Alternatives, the nation’s largest non-profit solar installer.
The US Trade and Development Agency (USTDA) is continuing its mission of funding priority development projects in emerging economies, this time by signing two grants that leverage US technology and investment to increase access to affordable, reliable electricity in Kenya.
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.
