Power Plants

First Solar has announced that it has purchased Element Power’s 1.5GW project pipeline for the US and Mexico.

US-based third-party ownership (TPO) PV installer Vivint Solar has secured US$200 million in two separate tax equity funds.

Energy utility Edison International has acquired SoCore Energy, a Chicago-based commercial rooftop solar developing company.

A quiet solar “revolution” in Australia over the past three years means 11% of the population now use PV technology, a study by the country’s Climate Commission claims.

Canadian Solar subsidiary Canadian Solar Solutions announced that it has reached an agreement to sell five utility-scale solar power plants in Ontario valued at more than C$290 million (US$277 million) to Concord Green Energy.

Irish renewables developer Mainstream Renewable Power has signed an equity investment deal worth €100 million (US$133 million) with Japan’s Marubeni Corporation trading company.

PV manufacturer Goldpoly is continuing its shift downstream with the imminent purchase of projects totalling 300MW from Zhongli Talesun.

Clenergy has supplied 24MW of its mounting equipment for a rooftop PV system in China, and also completed its first project in Vietnam.

The solar industry is on the brink of a sustained period of momentum, according to a bullish research note by Deutsche Bank published on Wednesday.

Solar industry and environmental groups in Colorado have united to oppose proposals by utility company Xcel Energy they say could restrict the growth of rooftop PV in the state.