Markets & Finance

January 5, 2016
Canadian Solar subsidiary Recurrent Energy has secured a tax equity investment commitment with GE Energy Financial Services for its 75MW Astoria 2 (previously 100MW) solar power project in California that is currently under construction.
January 5, 2016
Major photovoltaics energy provider (PVEP) SunPower has created a new executive position with the appointment of renewables energy veteran Eduardo Medina as its executive vice president of power plants.
January 5, 2016
The former VP of Solar Grid Storage has predicted average Balance of Systems (BoS) costs for energy storage will drop from around US$670 to less than US$400 per kilowatt in the next five years.
January 5, 2016
Spain’s Constitutional Court has rejected an appeal by the Spanish region of Murcia against retroactive cuts on the use of solar power, according to a release from the Spanish Government.
January 4, 2016
Silicon Module Super League (SMSL) member and major PVEP (Photovoltaics Energy Provider) Canadian Solar is to raise US$100 million from the issue of common shares.
January 4, 2016
PV module equipment specialist Valoe Corporation, formerly Cencorp has secured €4 million in new funding from Finland’s funding agency for innovation, Tekes.
January 4, 2016
A round-up of solar news from throughout the holiday period including SunEdison deals, Qatar's next solar steps and the verdict in Heraeus' patent case.
January 4, 2016
India’s Cabinet Committee on Economic Affairs has approved scaling up the budget for grid-connected rooftop solar in the country from INR6 billion (US$90 million) to INR50 billion up to 2019/20.
January 4, 2016
China-based PV energy provider (PVEP) United Photovoltaics Group and major shareholder, China Merchants New Energy Group have secured RMB10 billion (US$1.53 billion) in financing from CITIC Financial Leasing Co.
January 4, 2016
The Solar Energy Corporation of India (SECI) has signed a memorandum of understanding (MoU) with the Russian Energy Agency (REA) for both entities to develop utility-scale solar PV plants and manufacturing facilities in India between the years 2016-2022.

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