The gulf in confidence separating the downstream and upstream solar markets continues to grow as investments in third party lease companies continue to boom, according to second quarter data released by the Cleantech Group yesterday.
PV Crystalox Solar has sold its polysilicon production operations in Bitterfeld, Germany to the former management team, contributing €12.3 million to the renamed Silicon Products Research Engineering Production in the process.
Small France-based module manufacturer, Solarezo has entered bankruptcy proceedings in an effort to restructure its finances having a reported €50 million order backlog with only a 65MW production capacity, according to the company’s website.
Solar power producers are set to benefit from a $100 million investment in India’s clean energy sector backed by the US Agency for International Development.
Israeli fund, Econergy, has acquired 7MW of PV assets from Sorgenia located several regions of Italy that includes 10 PV plants that are both ground-mounted and rooftop.
One of the first and most highly respected financial research analysts covering the PV sector, Jesse Pichel, has joined ROTH Capital Partners as managing director, Cleantech Investment Banking.
Sunrun, a California-based solar company, today announced that it would be able to offer third party lease agreements to 90% of utility customers in Connecticut.