Financial & Legal

According to a new report from GTM Research, the US is expected to add 180MW of solar carports in 2014, setting the stage for another record year for the growing market.

Canadian solar has beaten guidance in its Q2 2014 results with yield cos driving up demand, and prices, for projects.

The US will be the largest solar market in the world in 2016, according to industry stalwart Jigar Shah.

Brazil’s national development bank, BNDES, has released details of the new local content requirements solar projects must fulfil to access finance.

PV module encapsulant material supplier STR Holdings has agreed to sell 51% of its stake to Chinese PV developer Zhenfa Energy Group.

A division of Mitsui, one of Japan’s largest trading groups, is to jointly invest in 25MW of PV projects in Japan with equity investment manager Tokio Marine Asset Management.

Leading US solar developer NRG Energy is to reorganise its renewable energy business after posting mixed second quarter results.

Vivint Solar has made a confidential filing for an initial public offering (IPO) through its parent company Vivint Inc, according to a report by news agency Reuters.

First Solar announced lower than expected revenue and profit for Q2 on the back of project delays. The company also revealed a decision on a yield co would be made before Q3 results were announced.

Major PVEP SunPower will remain capacity constrained through 2015 and rely on only a 350MW new fab in the Philippines through 2016, before starting the construction of a giga-fab in 2017.