US-based residential and small commercial PV installer RGS Energy reported a major decline in third quarter 2016 installations and revenue as capital issues continued to seriously hamper operations.
The Latin America region had installed 1.8GW of solar PV by the end of the third quarter this year, already up 400MW from 1.4GW in 2015, according to GTM Research’s Latin America PV Playbook for Q3 2016.
UGE International, a renewable energy firm specialising in the C&I space, has partnered with Export Development Canada (EDC) to create a construction finance facility for the funding of international solar projects.
Neo Solar creates a new IPP for PV projects, Vivint Solar secures US$200m in tax equity, OneRoof closes new fund, and Mexico to small-medium-scale residential solar t by 71%.
PV power plant system integrator Phoenix Solar said that delays to building power plant projects in the US and Turkey would result in lower than expected full-year 2016 revenue and profits.
Indian energy firm Thermax and German concentrated solar power (CSP) company Frenell have been awarded a contract for what is claimed to be Asia’s first integrated solar thermal power plant by India’s largest utility NTPC.