PV systems integrator Phoenix Solar said it could report an EBIT loss for the full-year, due to the cancellation of a planned PV power plant project in Asia.
The boss of oil company Royal Dutch Shell (Shell) has admitted that solar will one day overtake fossil fuels in the portfolios of mainstream investors, while describing oil as a “very, very volatile business”.
Against the background chatter over the fate of the solar investment tax credit in the US, one positive theme to emerge during Solar Power International 2015 was the extent to which public opinion is forcing utility companies to accept solar.
ThomasLloyd CTI Asia Holdings, a wholly-owned subsidiary of global investment banking and investment management group ThomasLloyd, has sold the rights to two solar projects on Negros Occidental in the Philippines with a combined capacity of 80MW.
Greater interaction with, and acceptance from, the construction industry will be required if Building Integrated PV is to become mainstream, a group of experts have concluded at EU PVSEC in Hamburg.
Iceland’s prime minister has welcomed news that Silicor Materials has taken a step closer to establishing its “low cost” commercial-scale solar silicon plant, securing US$105 million of equity capital agreements.
After the warning note sounded last night at the launch of Solar Power International 2015 over the impact of the pending investment tax credit drop-off, the first full day of the show saw this theme take centre stage.
Solar developer Conergy has extended its bank guarantee facility with Tennenbaum Capital to US$75 million using funding from Goldman Sachs BDC in order to power an expansion of its solar business.
