Financial & Legal

May 3, 2016
India-based companies have dominated the latest solar auction for 350MW in the state of Telangana with winning tariffs ranging between INR4.66-4.77/kWh (~US$0.07).
May 3, 2016
New Hampshire officially passed a bill on Monday that expands the state’s financial incentive for solar by raising the existing cap on net metering.
May 3, 2016
Integrated PV module manufacturer SolarWorld has reported preliminary first quarter 2016 sales of €212.6 million on product shipments of 341MW.
April 28, 2016
Solar PV and polysilicon manufacturing equipment specialist centrotherm said that its current order backlog stood at over €146 million (US$165 million) at the end of the first quarter of 2016.
April 28, 2016
Solar Mosaic, a former crowdfunding start-up that has emerged as a major provider of residential solar financing solutions, said on Wednesday that it had secured US$200 million in funding that will support at least 5,000 rooftop PV installations.
April 28, 2016
Abengoa, which entered insolvency proceedings last November, has been granted bankruptcy protection under Chapter 15 over the objections of a group of insurance companies who claimed the Spanish renewables company’s talks to restructure billions in debt was unfair to US creditors.
April 27, 2016
Off-grid solar specialist Nova-Lumos has received a £150,000 grant from the SolarNigera Programme (SNP), an initiative of the UK’s Department for International Development (DfID) implemented by Adam Smith International, to help accelerate its operations in northern Nigeria.
April 27, 2016
Chilean utility Colbun is to purchase two of SunEdison’s solar PV projects in development in Chile along with their long-term power supply contracts.
April 26, 2016
Last Wednesday, the US Senate passed a long-awaited energy bill as a bipartisan measure to modernise the nation’s oil, gas and electricity systems and align them with more climate-friendly solutions.
April 26, 2016
The Brazilian Development Bank (BNDES) has qualified 17 solar equipment manufacturers to receive funding in Brazil.

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