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.
Utility solar systems in the US offer significant cost and environmental benefits over rooftop residential PV systems due to higher electric output and economies of scale, research suggests.
Public market financing of solar companies reached a record US$2.3 billion in the second quarter of 2015, bucking an overall downward trend in corporate solar funding during Q2.
Bluefield European Solar Fund (BESF), a new solar investment vehicle to be advised by Bluefield Partners, has announced its intention to list on the London Stock Exchange and raise €200 million (US$220 million) for PV acquisitions.
Developer Sky Solar has announced that the Inter-American Development Bank (IDB) has approved US$55.7 million loan to finance the construction, operation and maintenance of six PV plants and their connected facilities in Uruguay. The China Co-Financing Fund and the Canadian Climate Fund for the Private Sector, both led by IDB, will also offer additional loans of US$19.3 million and US$10 million, respectively.
