Financial & Legal

November 2, 2016
New York utility ConEdison has proposed a pilot programme to provide rooftop solar to low-income customers, subject to approval by the New York State Public Service Commission (PSC).
November 2, 2016
Leading CdTe thin-film producer First Solar has sold its PV power plant monitoring, control and supervision systems subsidiary, skytron energy to German business management firm, Liberta Partners. Financial details were not disclosed.
November 2, 2016
A provision in the Philippines giving medium-scale electricity consumers the ability to choose between retail electricity suppliers other than the local utility has had a major boost after a Supreme Court issuance in its favour.
November 2, 2016
Phoenix Solar joins Singapore-based floating PV testers, GIPCL issues LoIs to Vikram Solar over 80MW in Gujarat, Brazil solar industry needs BRL6 billion after December auction, Altus Power starts 6.2MW solar plant construction in Hawaii,
November 1, 2016
Solar is dominating India’s renewable energy revolution, but there is a need to push various financing mechanisms for each solar segment to reach the country's vastly ambitious targets, according to a new report from Bloomberg New Energy Finance (BNEF).
November 1, 2016
Scatec Solar and Norwegian private equity firm KLP Norfund Investments have signed a 25-year PPA for a 40MW solar PV plant in Mozambique.
November 1, 2016
‘Silicon Module Super League’ (SMSL) member GCL System Integrated Technology (GCL-SI) has reported a 30.5% decline in third quarter 2016 revenue, primarily due to a major slowdown in downstream PV project construction in China since the end of June and average selling price decline as overcapacity took hold in the quarter.
October 31, 2016
Leading integrated monocrystalline PV manufacturer Xi'an LONGi Silicon Materials has reported a 54.8% decline in third quarter 2016 revenue as the impact of a major demand slump in China after June’s feed-in tariff changes seriously curtailed PV power plant construction in China.
October 31, 2016
Japanese electronics firm Kyocera Corporation reported continued pressure on its solar sector sales as solar panel price erosion and weaker demand continued to impact financials of its Applied Ceramic Products Group Sales.
October 31, 2016
Integrated PV module manufacturer SolarWorld has reported preliminary third quarter 2016 financial results that reflect the impact of overcapacity and global solar panel price declines after recently discarding both its revenue and profit guidance for the year.

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