Independent power producer sPower said it had secured a tax equity investment and syndicated construction and term loan facility totalling US$786 million to build 9 solar projects in Lancaster, California with a capacity of 339MW.
Credit ratings firm Fitch has praised Argentina’s RenovAR program for solar and wind utility-scale project plans, due to its structure that addresses legal and off-take risks.
TerraSmart has developed its TF2 fixed-tilt ground-mount racking system that is claimed to offer faster installation times with 66% less hardware than TerraSmart's previous racking system.
Solar PV developer 8minutenergy Renewables said it had started operations in Texas to develop and acquire over 2GW of utility-scale PV power plant projects in the state.
Texas electricity provider TXU Energy announced a limited-time instant rebate for residential consumers who buy SunPower PV rooftop systems through the company. In addition, TXU Energy unveiled a new plan to boost net metering credits for customers.
Wolverine Power Cooperative announced that one of its member-owners — Spartan Renewable Energy — will start construction this fall on a 1.2MW PV array in Cadillac, Michigan, across from Wolverine’s headquarters facility.
Industrial technology firm ABB is restructuring its multiple market divisions into four core divisions with its solar energy offerings including PV inverters joining its Electrification Products segment from its existing Discrete Automation and Motion (DM) division.
Renewables firm SunEdison currently in Chapter 11 bankruptcy proceedings confirmed in a statement that it was in talks with its two publically listed yieldco subsidiaries to sell its ownership interest and other rights in the yieldcos.
A 10MW PV installation has been commissioned on the Teesta canal bank of West Bengal as part of the governments’ scheme for canal-top and canal-bank projects. This project is the first canal-bank project to be commissioned under the new measure.
