Project developer Solar Reserve has refused to be drawn on speculation about its future after it emerged at an industry event that it was looking for an investor.
PV project developer Solar Power Inc (SPI) has raised US$25 million from its latest private placing in a deal that could be worth up to double that amount.
The final steps in SunEdison’s spin-off of its semiconductor business – through which the company was originally founded before its ascent to being the biggest renewable energy developer in the world – look set to go ahead.
The Multilateral Investment Guarantee Agency (MIGA), an arm of the World Bank, will provide US$56.7 million investment for 80MW of solar power projects being developed by SunEdison in Honduras.
The yieldco of US utility NRG Energy has acquired a 25% stake in the Desert Sunlight project, thought to be the largest solar power plant in North America.
Tier-one PV manufacturer JA Solar is to form a special committee to advice on the offer from its chairman and CEO, Baofang Jin over taking the company private by acquiring all outstanding (ADS) shares listed on NASDAQ.
State-owned companies including the Indian Renewable Energy Development Agency (IREDA), Power Finance Corp (PFC) and Rural Electrification Corp (REC) plan to raise around INR50 billion (US$779 million) through the sale of tax-free bonds for renewable energy projects in India.
