Leading thin-film PV manufacturer First Solar raised both shipments and revenue expectations for 2017 after reporting net sales of US$623 million in the second quarter of 2017, down from US$892 million in the previous quarter.
Spain has awarded 3,909MW of solar PV capacity and 1,128MW of wind capacity to 40 companies in its latest auction, which was originally set to be only a 3GW tender.
First Australian council offset by solar PV, Gransolar completes 35.4MW Camargo PV project in Mexico, Costa Rica lasts six months on 99% renewables, Mecasolar launches two new trackers.
Bankrupt integrated PV module manufacturer SolarWorld AG is close to securing a new owner as a group of unidentified investors are to finance continued manufacturing operations at sites in Freiberg and Arnstadt in Germany by mid-August 2017.
Panoche Valley Solar LLC, a subsidiary of Consolidated Edison Development, will need to make some major adjustments to its 247MW PV project in California’s Panoche Valley.
Integrated renewable energy firm Cypress Creek Renewables has secured a US$450 million facility from a group of investors led by Singapore-based investment company Temasek.
IFC is partnering with the Commercial Bank of Ceylon (CBC) to help the Sri Lankan bank invest more in local companies focused on renewable energy and energy efficiency.
Renewable energy developer, BayWa r.e. has sold its first Australian solar project, a 20MW utility-scale plant still under construction, to investment company Lighthouse Infrastructure.
