Major names including Bank of America, Citigroup, Barclays and UBS have aided Abengoa Yield to more than double its credit facility from US$125 million to US$290 million.
Deutsche Bank analyst Vishal Shah has said US installer SolarCity could be one of the indirect winners from news that SunEdison and its yieldco, TerraForm Power, are to acquire residential installer Vivint Solar.
Major renewable energy provider SunEdison is launching its second yieldco firm, TerraForm Global today as well as an US$800 million ‘Green Bond’ for the yieldco due 2022.
Solar industry members have expressed concern that this week's record low bids for solar contracts in India may not translate into "workable" projects.
US power optimiser supplier Ampt is raising up to US$25 million to ramp up its production, sales and product innovation, with its optimisers aimed at the commercial and utility-scale PV plant markets.
An extended tax exemption for generation, transmission and distribution companies, in the Brazilian state of Minas Gerais is set to benefit large-scale PV deployment.
Public market financing of solar companies reached a record US$2.3 billion in the second quarter of 2015, bucking an overall downward trend in corporate solar funding during Q2.
