Wells Fargo Renewable Energy and Environmental Finance has completed the final US$85 million in tax-equity funding for Sempra Renewables’ 200MW PV project near Fresno, California.
A company owned by Richard Branson’s Virgin Group has joined a Caribbean-wide effort to improve the resilience of clean energy projects by acquiring a 4MW solar plant that was damaged by Hurricane Maria.
Canadian Solar has closed US$45 million in financing with Natixis, a subsidiary of French banking company Groupe BPCE, that will be used to construct Canadian Solar’s 68MW PV project in Aguascalientes, Mexico.
The US subsidiary of Enel Green Power has teamed with start-up Raptor Maps, Inc., to integrate the use of drones in inspecting PV power plants, while providing immediate data through an AI (artificial intelligence) machine learning algorithm to improve O&M (Operations and Management).
‘Silicon Module Super League’ (SMSL) member Hanwha Q CELLS said it would seek to de-list from NASDAQ, following two major SMSL members, Trina Solar and JA Solar to go private after years of experiencing lower valuations on the NYSE and NASDAQ stock markets, compared to smaller listed US rivals.
Leading PV microinverter supplier Enphase Energy reported second quarter 2018 earnings that indicated the path back to sustained profitability was in sight, despite a number of market issues, such as trade barriers and continued electronic component shortages.
In response to Massachusetts Legislature passing a bill raising the state’s renewable energy standard and another encouraging clean energy and energy storage use during peak hours, solar and energy storage trade groups SEIA and ESA offered contrasting views.
