Financial & Legal

UK-based thin-film start-up, Oxford Photovoltaics, has secured at least a further £8 million (US$12.1 million) in venture capital funding to further plans to commercialise its blend of perovskite materials under a licensing model.

PV project developer and EPC firm, Solar Power, Inc (SPI Solar) has secured a credit line of over US$1.6 billion from China Minsheng Bank, China Construction Bank and Suzhou Bank.

PV project developer Solairedirect is planning an IPO on the Euronext Paris stock exchange during the first half of 2015 as it plans to develop and retain more projects across multiple international markets.

Insolvent PV module manufacturer Solar-Fabrik is to postpone the release of its 2014 financial results.

India and the UK are respectively the highest profile winners and losers in the latest ranking of countries’ appeal to renewable energy investors published by consultancy Ernst & Young Global.

Analysts have given a mixed response to the deal announced yesterday between US solar giants, First Solar and SunPower, to form a joint yield-co vehicle.

French renewable energy developer Global EcoPower (GEP) has expanded overseas with the acquisition of Morocco-based Nova Power.

Major PV energy provider (PVEP) SunPower reported strong fourth quarter 2014 and full-year financial results.

UK developer Lightsource Renewable Energy has earmarked an investment of £125 million (US$193 million) for the country's rooftop solar market.

High-tech manufacturing equipment firm, Manz AG reported preliminary record 2014 full-year financial results while incurring a €22.5 million depreciation hit on its solar segment and shifting c-Si PV equipment operations to China.