Public market financing of solar companies reached a record US$2.3 billion in the second quarter of 2015, bucking an overall downward trend in corporate solar funding during Q2.
Zep Solar, the US rooftop PV mounting systems specialist backed by SolarCity, will launch its products into the UK market later this year, the company has told PV Tech.
Bluefield European Solar Fund (BESF), a new solar investment vehicle to be advised by Bluefield Partners, has announced its intention to list on the London Stock Exchange and raise €200 million (US$220 million) for PV acquisitions.
Developer Sky Solar has announced that the Inter-American Development Bank (IDB) has approved US$55.7 million loan to finance the construction, operation and maintenance of six PV plants and their connected facilities in Uruguay. The China Co-Financing Fund and the Canadian Climate Fund for the Private Sector, both led by IDB, will also offer additional loans of US$19.3 million and US$10 million, respectively.
Solar companies in the Philippines are planning to push the country’s government to quadruple the amount of solar qualifying for its feed-in tariff scheme, according to reports.
Australia’s Clean Energy Finance Corporation (CEFC) has been told by Prime Minister Tony Abbott that it can no longer invest in rooftop solar and wind projects.
Griguol Impianti Elettrici is at an advanced stage of constructing the world’s largest bifacial PV system ‘La Hormiga’ at 2.5MWp in Chile, using technology from Italy-based module manufacturer MegaCell, which is part of Mega Group.
The revised US trade duties on Chinese solar panels have created further ambiguity with SolarWorld welcoming the changes, even though the world’s top two producers appear to have benefitted from the changes.
Investment in small-scale solar during the second quarter of 2015 was up 29% on the previous year, going against a ‘lag’ in investments in clean energy globally, according to new Bloomberg New Energy Finance (BNEF) figures.
