The US Department of Energy SunShot Initiative granted solar financier Mosaic a second award in the amount of US$650,000 to support its home solar loan programme that should help the initiative’s mission to make solar a cost-competitive form of electricity by the end of the decade.
SunEdison has been awarded 17.7MW of distributed generation across 30 PV projects in California, with investors in the company’s ‘yield co’ TerraForm Power likely to benefit.
UK-based investor, the John Laing Environmental Assets Group, has secured a US$80.5 million facility with global bank, HSBC, and Netherlands-based merchant bank, NIBC.
Chinese PV manufacturer Suntech will debut its latest financial offering at Solar Energy UK (SEUK) following a partnership with German-based youmex group.
The largest merchant solar cell producer, Neo Solar Power Corporation (NSP), reported a slight increase in sales for September, after three months of decline.
The NextEnergy Solar Fund (NESF) will issue 250 million new shares as it looks to buy up a raft of projects in the UK before the closure of an existing support scheme.
Taiwan-based solar cell producer, Gintech Energy Corp reported September sales of NT$1,050 million (US$$34.6 million), a rebound of 21.3% from the previous year.
