Recurrent Energy has closed on a combined construction loan and construction letter of credit facility for the 20MW Gaskell West 1 solar power project in California.
According to GTM Research Tesla/SolarCity's leadership in the US rooftop market comes into question after rival Sunrun was expected to become the top third party financing (TPO) provider by late 2017.
US-based solar module technology firm Solaria Corporation, which filed suit against GCL Solar Energy, Inc., a subsidiary of GCL-Poly Energy Holdings as well as Seraphim Solar System Co. Ltd due to claims of IP theft and breaches of Non-Disclosure Agreements has settled the litigation with GCL-Poly.
US-based PV installer RGS Energy (RGSE) has increased its cash burn and pushed-out its expected return to break-even revenue from the first to the second quarter of 2018, as it spends on expanding its sales force and builds PV module inventory ahead of the final determination on the US ITC Section 201 trade case.
Taiwan’s leading conductive paste manufacturer Giga Solar Materials Corporation has agreed to pay patent licensing fees to rival, DuPont Photovoltaics.
US residential solar PV and energy storage installer Sunrun reported a marginal improvement in third quarter revenue on and 18% megawatt increase in installations.
‘Silicon Module Super League’ (SMSL) member Hanwha Q CELLS reported another inline quarter and reiterated expectations of shipping 5.5GW to 5.7GW of modules in 2017.
