Leading CdTe thin-film producer First Solar is undertaking a further round of restructuring that targets its EPC and O&M operations after its decision to shutdown its TetraSun crystalline silicon operations in Malaysia in early July.
D.E. Shaw buys 11MW Rancho Seco solar project from First Solar, 8minutenergy wins 26MW solar farm in California, India's NTPC issues first Green Masala Bonds, NREL launches energy profiles of US cities.
Following a Portuguese government announcement approving 180MW of unsubsidised solar PV capacity, the country’s renewables association has said solar cannot work without financial support in current market conditions.
Leading microinverter firm Enphase Energy reported second quarter 2016 shipments up 30% and revenue 24% higher than the prior quarter as its strategy to offer more competitive pricing enabled by progressive product cost reductions, regained lost customers and market share across multiple regions.
Sky Capital America, the US subsidiary of Hong Kong-based Sky Solar Holdings, has acquired 22.5MW of developmental stage permits for solar projects in California and Vermont from an unnamed California-based solar developer.
US dedicated residential PV installer Sunrun has secured a further US$45 million in funding to meet its backlog of customer installations from three finance institutions.
Leading ‘Silicon Module Super league’ (SMSL) member Trina Solar has announced that its chairman and chief executive officer, Jifan Gao has secured an investor consortium to take the company private and exit the NYSE in a US$1.1 billion transaction. The merger is currently expected to close during the first quarter of 2017.
Tesla Motors' possible acquisition of leading US residential PV installer SolarCity has been sealed with an all-stock transaction valued at around US$2.6 billion.
It’s the globe’s second largest continent, home to the some of the world’s fastest growing economies, and it has supplied precious resources to nations for hundreds of years - so why do today’s solar PV businesses find it so difficult to succeed in Africa? PV Tech spoke with Jon Sarpong, president of PV developer and consultancy Avior Global, about the challenges and opportunities for PV companies eyeing up the African market.
