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.
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.
US Residential solar PV installer SolarCity has stopped operating in the US state of Nevada after the Nevada Public Utilities Commission (PUC) approved a plan that will restrict net metering credits and boost charges against solar users in the state.
Martifer Solar, a subsidiary of Martifer SGPS, announced that it has added seven new ground-mounted PV plants for a total of 31MW as part of new third-party O&M contracts in its Spanish portfolio.
Quercus Assets Selection, an investment company focusing on renewable energy, and Swiss Life Asset Managers, have acquired Antin Solar Investments (ASI) along with its 77.1MW solar PV portfolio in Italy through a competitive bidding process.
Renewable energy firm SolarCity was responsible for 34% of residential solar PV installations in the first three quarters of 2015, according to GTM Research’s ‘US PV Leaderboard: Q4 2015’.
