Financial & Legal

August 3, 2015
Major tier-one PV manufacturer JinkoSolar said it had secured more than US$62 million in a loan agreement with The Export-Import Bank of China (TEIBC) to support long-term fixed assets and mid-term working capital for its recently started Malaysia facility. The company said it had already drawn down the US$62 million loan.
August 3, 2015
TerraForm Global, a subsidiary of PV project developer SunEdison, has priced its initial public offering (IPO) of 45 million shares of its Class A common stock at US$15 per share, which represents US$675 million in gross proceeds.
August 3, 2015
PV manufacturing equipment specialist Singulus Technologies has reported new order intake for the first half of 2015 topped €73.1 million, significantly up from €25.2 million in the prior year period.
August 3, 2015
Integrated PV manufacturer SolarWorld has updated full-year guidance for 2015, which includes expecting to report a profit for the first time in several years on shipments of over 1GW.
July 31, 2015
The Brazilian Association of Photovoltaic Solar Energy (Absolar) has signed an agreement with the Brazilian Agency for Export and Investment Promotion (Apex-Brazil) to partner on attracting more foreign investment into the domestic solar industry.
July 29, 2015
The largest US PV installer, SolarCity, reported continued installation and revenue increase in the second quarter of 2015, backed by increasing pre-booked customers.
July 29, 2015
Brazil’s energy regulator National Electric Energy Agency (ANEEL) has set a cap price of BRL349 (US$104) per MWh for its solar-only auction to be held on 28 August.
July 28, 2015
Major PVEP (Photovoltaics Energy Provider) SunPower expects full-year 2015 GAAP revenue to be around 50% lower than in 2014, due to the impact of establishing its JV yieldco vehicle with First Solar.
July 28, 2015
Major PV manufacturer JinkoSolar has secured over US$483 million in PV project finance from Ping An Bank to support its downstream project business arm, Jinko Power.
July 28, 2015
Major PV energy provider (PVEP) SunPower has purchased the complete US PV power plant project pipeline of Australia-based renewable energy developer Infigen Energy.

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