Canadian-based PV project developer JCM Capital said it had secured an undisclosed tranche of funds as part of a US$50 million private placement offering for project financing requirements of three projects scheduled to reach financial close during 2016 and 2017.
Corporations and utilities are already interested in energy storage but must collaborate to advance deployment and lower costs, avoiding some of the past mistakes of the PV industry, according to the heads of one California-based industry group.
PV tracking systems specialist Exosun has secured orders totalling 11MWp for its ‘Exotrack’ HZ horizontal single-axis solar trackers from EPC, Phoenix Solar, for three PV power plant projects in Jordan.
Spain’s Constitutional Court has published the full details of its judgement rejecting appeals against a decrease in feed-in tariffs for renewable energy sources, but the reasoning has been branded “short, superficial and alien to reality” by a legal representative.
A US-based investment hedge fund Appaloosa Management has filed court proceedings to prevent SunEdison’s US-centric yieldco, TerraForm Power, from taking on nearly US$1 billion in debt to acquire Vivint Solar assets from SunEdison, should the deal go through.
Brazil's almost negligible solar deployment record is forecast to take off this year and the first movements on building Enel Green Power's 254MW plant in Bahia are symbolic of this shift in Brazil's utility-scale sector.
AllEarth Renewables a US-based dual-axis solar tracker manufacturer, has announced the introduction of a new L20 solar tracker designed for 72-cell PV modules with a landscape orientation option.
