Financial & Legal

November 23, 2016
After a backlash from Illinois governor Bruce Rauner and his administration, ComEd and Exelon verbally agreed on Tuesday to ditch some of the most controversial provision in their Future Jobs Energy bill, including the mandatory demand charge.
November 23, 2016
St. Petersburg, Florida has joined the likes of Los Angeles and San Diego in approving a commitment to transitioning to 100% renewable energy.
November 23, 2016
‘Silicon Module Super League’ (SMSL) member Trina Solar has significantly missed its third quarter 2016 PV module shipment guidance range that makes meeting previous full-year shipment projections almost unattainable.
November 22, 2016
‘Silicon Module Super League’ (SMSL) member Hanwha Q CELLS said that previously upwardly revised shipment guidance would be retained for the full-year after reporting a 10.9% increase in revenue for the third quarter of 2016.
November 22, 2016
The regulator in the Indian state of Tamil Nadu has rejected Indian conglomerate Adani’s call for a revaluation of the tariffs it is set to receive for developing the world’s largest solar plant, Adani sources have told Mercom Capital Group.
November 22, 2016
Sweden announces effective abolition of its solar tax, Etrion and Hitatchi High-Technologies partner on a 13.2MW project in Japan, Wynnertech supplies 20MW of inverters to a project in Iran, and Enel North America and GE Energy enter a JV.
November 22, 2016
Mosaic, the leading provider of solar loan financing for homeowners, announced the closing of a US$250 million warehouse facility with Deutsche Bank as the arranger and administrative agent. Along with recent upsizes to Mosaic's existing warehouse facility and a forward flow whole loan sale arrangement, this deal with provide Mosaic with US$550 million of new loan funding capacity.
November 21, 2016
The global market for utility-scale PV and operations & maintenance (O&M) will reach 182GW by the end this year, GTM Research’s latest report finds.
November 21, 2016
GCL-SI, a subsidiary of GCL, is to develop a 1GW solar PV plant at the former contaminated nuclear site in Chernobyl, Ukraine. Construction is expected to start in 2017.
November 21, 2016
Renewable energy companies in Spain are making claims against banks for misleading them over complex financial products since the economic crisis.

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