Financial & Legal

In its second quarter 2013 financial results released on Wednesday 31 July, Sunpower posted a return to profit.

The solar industry is on the brink of a sustained period of momentum, according to a bullish research note by Deutsche Bank published on Wednesday.

Three in four California residential rooftop PV plants are now leased, as opposed to purchased and installed by the resident, according to a study by global think-tank Climate Policy Initiative (CPI).

Yieldcos like the one launched by NRG Energy last week could transform access to capital particularly for distributed solar generation, said a leading renewable energy adviser

Dubai-based investment company Adenium Capital has purchased a 24MW solar farm in southern Italy.

Plans to build a fully integrated PV supply chain within Saudi Arabia are continuing slowly with reports that Idea Polysilicon Company (IPC) has received four bids to build its proposed 10,000MT polysilicon plant and ingot/wafer operations.

Specialist bank Investec is investing ZAR8 billion (US$813 million) in South Africa’s renewable energy independent power producer procurement programme (REIPPPP).

A 30-year Power Purchasing Agreement (PPA) has been offered by Uruguay’s state-owned power company to Netherlands-based solar developer Fotowatio Renewable Ventures, following a tender process which opened on 27 May this year.

The World Bank Group (WBG) has released a report calling for more investment in solar energy as a tool for tackling extreme poverty.

US-based PV module supplier, Westinghouse Solar is teetering on the brink of insolvency, recent SEC filings reveal.