Markets & Finance

September 27, 2016
China-based independent solar power producer United Photovoltaics Group said it expected FiT back payments of RMB1.328 billion (US$199.2 million) from 16 solar power plants after confirmation of payments have been authorised by the Ministry of Finance, National Development and Reform Commission and National Energy Administration on September 23.
September 27, 2016
In the first Presidential debate last night, candidates Donald Trump and Hillary Clinton could not have made their differing opinions on solar and climate change clearer.
September 27, 2016
Brazil now has 4,955 solar PV systems in the micro and mini-generation category, as of August 2016, marking a five-fold increase in one year.
September 27, 2016
Cogenra Solar, a subsidiary of US-based high-efficiency module manufacturer SunPower, has filed a lawsuit against SolarCity over claims of IP (Intellectual Property) theft and infringement over its direct solar cell to cell contact technology that is often described as an overlapping shingle-like pattern.
September 27, 2016
India’s fifth largest private sector bank Yes Bank plans to raise INR3.3 billion (US$49.6 million) through the issue of seven-year Green Infrastructure Bonds to the Dutch Development Bank FMO in order to fund solar and wind projects.
September 26, 2016
The Solar Energy Industries Association (SEIA) has launched a first-of-its-kind national PV recycling program — designed to ensure the sustainability of the US solar market.
September 26, 2016
The two renewable energy yieldco subsidiaries of Chapter 11 bankrupt firm, SunEdison are seeking over US$3 billion from their parent company over damages and sought settlement via discussions before heading to the courts.
September 26, 2016
New York City expands its target for solar power capacity, and sets new goal for energy storage, as mayor Bill de Blasio claims capacity from renewables has quadrupled on his watch.
September 26, 2016
Struggling flexible CIGS thin-film consumer product producer Ascent Solar Technologies expects to raise US$1.12 million in a US$1.35 million Series J 10% Convertible Preferred Stock placement with an unidentified investor.
September 26, 2016
A new government MoU signed with multinational developer Gigawatt Global in Liberia and a strategic partnership between Italian oil giant Eni and Algerian state-owned firm Sonatrach have resulted in plans for 10MW solar PV plants in the respective countries.

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