The Indian government and three of its state-run companies are setting up a US$2 billion equity fund to help renewable energy companies meet the country's ambitious targets, according Reuters citing two government sources.
Leading pay-as-you-go (PAYG) solar provider PEG Africa has raised US$1.5 million in debt financing that will provide for enough solar home systems for 75,000 residents in Ghana.
‘Silicon Module Super League’ (SMSL) member, JA Solar has agreed to settle a long-term ‘take or pay’ contract for the purchase of polysilicon from US-based polysilicon producer Hemlock Semiconductor.
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).
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.
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.
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,
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).
‘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.
