Financial & Legal

January 23, 2017
Li Hejun majority shareholder in PV thin-film equipment and module producer Hanergy Thin Film Power Group (Hanergy TF), via parent company Hanergy Holding Group is set to be banned from being a director, directly or indirectly in the any corporation for a certain period in Hong Kong.
January 23, 2017
The battle between South Africa’s utility Eskom and renewable independent power producers (IPPs) continues with legal confirmation that IPPs can force Eskom’s hand to force it to sign the power purchase agreements (PPAs) under the government’s procurement programme.
January 23, 2017
San Diego, California-based residential solar company OneRoof continues to wind down US operations, this time with a default under its head office lease.
January 23, 2017
Plenty of naysayers have warned about unrealistic bidding and various delays damaging the Indian solar sector, but the head of ACME Solar, one of the largest developers India, approaching 1GW of installed capacity, has a very positive outlook on the industry's future. PV Tech caught up Manoj Kumar Upadhyay, the founder, chairman and managing director of ACME Group at the company offices in Gurgaon, New Delhi, to discuss delayed PPAs, transmission infrastructure, the approaching Goods and Services Tax (GST) Bill and a unique point of view on India's Ultra Mega solar power parks.
January 20, 2017
China-based PV energy provider (PVEP) United Photovoltaics Group is arranging a US$250 million bond through Merrill Lynch and Morgan Stanley.
January 20, 2017
Gigawatt Global, a multinational renewable energy company and partner of Obama’s Power Africa initiative, has broken ground on its 1GW solar programme with the 7.5MW solar project in Burundi.
January 20, 2017
Canada's SunCommon partners with Sustainable Energy Developments to provide residential, commercial and community solar in New York, Silicon Ranch closes a US$55 million equity fund, and new solar projects are completed in California and Arizona.
January 20, 2017
Spruce Finance announced Thursday that has raised tax equity and project debt transactions in order to support US$445 million in residential solar power purchase agreements and leases in 2017.
January 19, 2017
Global energy management firm Schneider Electric has acquired US clean energy product provider Renewable Choice Energy in a deal announced on Wednesday.
January 19, 2017
Abu Dhabi-based renewables firm Masdar has selected the International Finance Corporation (IFC) to oversee funding of Jordan’s largest solar plant, standing at 200MW.

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