The European Investment Bank (EIB) has made its largest equity investment in clean energy this year, with a €50 million (US$68.5 million) investment into the second Glennmont Fund.
The number of PV projects set to compete in Brazil’s forthcoming national energy auction has been trimmed from 152 to 88, according to the country’s energy agency, EPE.
Hanwha Chemical, the owner of PV module manufacturer, Hanwha Q CELLS, has made a US$188.5 million cash injection into the company to expand capacity and expand its downstream PV project business.
Tier one Chinese PV manufacturer, ReneSola has reported another quarter of record shipments and revenue that exceeded guidance as its PV module and OEM business continued to increase.
Manufacturer of PV screen printing equipment, DEK Solar, has been sold as part of a deal between the owner of DEK, Dover Corporation, and ASM Pacific Technology (ASMPT), itself a part of Dutch-based semiconductor equipment supplier ASM International.
Distributed generation (DG) projects expected to be completed in 2013 by SunEdison have received further financial support from asset-based financing firm, De Lage Landen, a subsidiary of Rabobank Group.
Independent research advisory firm Lux Research has claimed in a new report that by 2025, unsubsidised utility-scale solar power will be competitive with natural gas.
