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.
India’s Cabinet Committee on Economic Affairs (CCEA), chaired by prime minister Narendra Modi, has approved the construction of intra-state transmission systems across seven states at an estimated cost of INR85.5 billion (US$1.35 billion).
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.
Bloomberg New Energy Finance (BNEF) figures have underlined previous analysis by PV Tech suggesting a mass overseas relocation of production capacity by Chinese PV manufacturers in response to increasingly hostile trading conditions.
US-based power producer Hilliard Energy plans to invest US$600 million to set up 650MW of solar and wind energy projects in the Indian state of Andhra Pradesh.
