The UK has experienced its annual surge of activity for developers to complete and connect solar farm projects in time to receive financial support under a scheme that has now partially expired.
The PV power plant project development arm of GCL-Poly has signed an agreement with CMB Nanjing bank for solar PV project financing and other corporate activities.
Extreme weather patterns could be behind a disparity in power generation from the East and West Coasts of the US, with the East underperforming expectations last year, according to a new report.
In an effort to curtail reliance on hydroelectric plants, the government of Brazil is set to roll out a pilot project in which solar energy will be utilised in hydroelectric reservoirs, according to the Rio Times.
The rush to have projects connected ahead of a key deadline under the UK’s main large-scale solar support mechanism has the potential to cause future grid problems, the boss of a connection engineering firm has warned.
US headquartered PV module encapsulant producer STR Holdings has secured a major new exclusive supply contract worth potentially 500MW per annum in volume sales through its majority shareholder, China-based PV project developer Zhenfa Energy Group. Financial details were not disclosed.
Bankrupt PV and sapphire equipment specialist GT Advanced Technologies (GTAT) has been able to secure US$95 million of debtor-in-possession financing to provide working capital needs during its Chapter 11 restructuring efforts.
A new report from Environment America, titled “Shining Cities: Harnessing the Benefits of Solar Energy in America,” sheds light on the impact that cities have in terms of expanding the PV sector within the United States.
Off-grid renewables specialist Sunlabob Renewable Energy has secured a US$2.1 million investment from UK-based Truestone Global Impact Fund to fund its international expansion.