Fourth Partner Energy (4PEL) a Hyderabad-based company developing distributed solar power, has raised around US$2 million in financing, enabling the firm to offer more financing options to its clients.
PV project developer Sky Solar Holdings has secured funds totalling US$100 million from Hudson Clean Energy Partners for projects in Latin America and Japan.
PV systems integrator Phoenix Solar said it could report an EBIT loss for the full-year, due to the cancellation of a planned PV power plant project in Asia.
The boss of oil company Royal Dutch Shell (Shell) has admitted that solar will one day overtake fossil fuels in the portfolios of mainstream investors, while describing oil as a “very, very volatile business”.
ThomasLloyd CTI Asia Holdings, a wholly-owned subsidiary of global investment banking and investment management group ThomasLloyd, has sold the rights to two solar projects on Negros Occidental in the Philippines with a combined capacity of 80MW.
Iceland’s prime minister has welcomed news that Silicor Materials has taken a step closer to establishing its “low cost” commercial-scale solar silicon plant, securing US$105 million of equity capital agreements.
Solar developer Conergy has extended its bank guarantee facility with Tennenbaum Capital to US$75 million using funding from Goldman Sachs BDC in order to power an expansion of its solar business.
The 2015 Solar Power International expo got underway in Anaheim, California on Monday evening, with a stark warning of the existential threat posed to US solar by the pending drop in the federal investment tax credit (ITC).
The project arm of Chinese manufacturer, JinkoSolar, has secured a credit line worth CNY10 billion (US$1.5 billion) with the Industrial and Commercial Bank of China’s Jiangxi Provincial branch.
