Former CEO, Mike Miskovsky of PV module mounting systems designer, Zep Solar has joined another innovative company in the PV sector, robot controlled tracking systems firm, QBotix. SolarCity acquired Zep Solar for US$158 million all stock transaction in October, 2013.
A survey into Japan’s approved but unbuilt solar PV projects from the 2012 fiscal year has produced another set of definitive results, with 1.82GW of cancellations announced by the government this week.
The use of thin-film technology in Indian PV projects could be set for a rebound after having taken a beating over the past year, according to analysis from consultancy Bridge to India.
Bankrupt Suntech Power Holdings said in an SEC filing that its subsidiary, Power Solar System has been granted an injunction in Singapore’s High Court prohibiting the disposal of assets claimed to be worth US$197.5 million by Suntech Singapore.
Internet giant Google is to provide US$145 million equity finance for an 82MW US PV project in the portfolio being operated by SunEdison’s spin-off yield co, TerraForm.
Industry body the Australian Solar Council has upped its campaign to ‘Save Solar’ and safeguard the country’s Renewable Energy Target (RET) through a new television advert.
Solar Enhanced Oil Recovery (EOR) leader GlassPoint Solar is set to receive a US$53 million equity investment from the State General Reserve Fund –- Oman’s largest sovereign wealth fund – Royal Dutch Shell and other investors.
Side-stepping the trend towards yield co financial structures, major PVEP Canadian Solar has secured a PV project financing partnership with China’s Sichuan Development Investment Management firm, part of the local Sichuan government.
