China-based PV energy provider (PVEP) United Photovoltaics Group and major shareholder, China Merchants New Energy Group have secured RMB10 billion (US$1.53 billion) in financing from CITIC Financial Leasing Co.
The Solar Energy Corporation of India (SECI) has signed a memorandum of understanding (MoU) with the Russian Energy Agency (REA) for both entities to develop utility-scale solar PV plants and manufacturing facilities in India between the years 2016-2022.
Martifer Solar, a subsidiary of Martifer SGPS, announced that it has added seven new ground-mounted PV plants for a total of 31MW as part of new third-party O&M contracts in its Spanish portfolio.
Quercus Assets Selection, an investment company focusing on renewable energy, and Swiss Life Asset Managers, have acquired Antin Solar Investments (ASI) along with its 77.1MW solar PV portfolio in Italy through a competitive bidding process.
Renewable energy firm SolarCity was responsible for 34% of residential solar PV installations in the first three quarters of 2015, according to GTM Research’s ‘US PV Leaderboard: Q4 2015’.
Three separate developers have won 260MW of capacity on an engineering, procurement and construction (EPC) basis for a solar park in the Indian state of Rajasthan.
Taiwan is increasing the amount of solar PV capacity available under its feed-in tariff programme for 2016 from 270MW to 500MW and boosting the level of FiTs available in various parts of the country.