Financial & Legal

September 28, 2016
Participants in Solar Energy Corporation of India’s (SECI) 500MW rooftop solar tender have put in a high variation of bidding levels with some states undersubscribed, according to Jasmeet Khurana, associate director, consulting at Bridge to India.
September 27, 2016
Independent global testing and certification body UL (Underwriters Laboratory) has acquired renewable energy engineering services and support firm, AWS Truepower for an unspecified sum.
September 27, 2016
US utility Edison International has secured the purchase from bankrupt renewable energy firm, SunEdison around 140MW of solar projects in Minnesota from the Chapter 11 firm’s gigawatts of pipeline projects for a total price of up to US$79.8 million.
September 27, 2016
China-based independent solar power producer United Photovoltaics Group said it expected FiT back payments of RMB1.328 billion (US$199.2 million) from 16 solar power plants after confirmation of payments have been authorised by the Ministry of Finance, National Development and Reform Commission and National Energy Administration on September 23.
September 27, 2016
In the first Presidential debate last night, candidates Donald Trump and Hillary Clinton could not have made their differing opinions on solar and climate change clearer.
September 27, 2016
Cogenra Solar, a subsidiary of US-based high-efficiency module manufacturer SunPower, has filed a lawsuit against SolarCity over claims of IP (Intellectual Property) theft and infringement over its direct solar cell to cell contact technology that is often described as an overlapping shingle-like pattern.
September 27, 2016
India’s fifth largest private sector bank Yes Bank plans to raise INR3.3 billion (US$49.6 million) through the issue of seven-year Green Infrastructure Bonds to the Dutch Development Bank FMO in order to fund solar and wind projects.
September 26, 2016
The two renewable energy yieldco subsidiaries of Chapter 11 bankrupt firm, SunEdison are seeking over US$3 billion from their parent company over damages and sought settlement via discussions before heading to the courts.
September 26, 2016
Struggling flexible CIGS thin-film consumer product producer Ascent Solar Technologies expects to raise US$1.12 million in a US$1.35 million Series J 10% Convertible Preferred Stock placement with an unidentified investor.
September 26, 2016
A tender for 1GW capacity in Inner Mongolia has brought in China’s lowest ever bids for solar energy, according to media reports.

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