India’s fifth largest private sector bank Yes Bank plans to raise INR3.3 billion (US$49.6 million) through the issue of seven-year Green Infrastructure Bonds to the Dutch Development Bank FMO in order to fund solar and wind projects.
The Solar Energy Industries Association (SEIA) has launched a first-of-its-kind national PV recycling program — designed to ensure the sustainability of the US solar market.
The two renewable energy yieldco subsidiaries of Chapter 11 bankrupt firm, SunEdison are seeking over US$3 billion from their parent company over damages and sought settlement via discussions before heading to the courts.
New York City expands its target for solar power capacity, and sets new goal for energy storage, as mayor Bill de Blasio claims capacity from renewables has quadrupled on his watch.
Struggling flexible CIGS thin-film consumer product producer Ascent Solar Technologies expects to raise US$1.12 million in a US$1.35 million Series J 10% Convertible Preferred Stock placement with an unidentified investor.
A new government MoU signed with multinational developer Gigawatt Global in Liberia and a strategic partnership between Italian oil giant Eni and Algerian state-owned firm Sonatrach have resulted in plans for 10MW solar PV plants in the respective countries.
The results of Mexico’s second long-term power auction, following a much awaited energy liberalisation, reveal ‘highly competitive’ rates, according to state power regulator and grid operator CENACE.
