UK-based thin-film start-up, Oxford Photovoltaics, has secured at least a further £8 million (US$12.1 million) in venture capital funding to further plans to commercialise its blend of perovskite materials under a licensing model.
PV project developer and EPC firm, Solar Power, Inc (SPI Solar) has secured a credit line of over US$1.6 billion from China Minsheng Bank, China Construction Bank and Suzhou Bank.
PV project developer Solairedirect is planning an IPO on the Euronext Paris stock exchange during the first half of 2015 as it plans to develop and retain more projects across multiple international markets.
The worldwide market for balance of systems (BOS) for solar power could be worth US$21 billion by 2019, with the greatest activity expected to be seen in the commercial sector, according to a new report from analysis firm IHS.
Major tier-one PV module manufacturer JinkoSolar met the lower-end of record shipment guidance for 2014, which is expected to result in the company becoming the third largest module producer in the world, up from being ranked fifth in 2013.
India and the UK are respectively the highest profile winners and losers in the latest ranking of countries’ appeal to renewable energy investors published by consultancy Ernst & Young Global.
Rwanda’s ambassador to the UK has said he hopes the completion of the East African country’s first utility PV power plant earlier this month will inspire similar projects across Africa.
