Solar trade association SolarPower Europe has updated its global solar demand forecast for 2017, expecting to reach the 100GW level for the first time.
TransCanada Corporation has entered into an agreement to sell its PV portfolio of eight facilities in Ontario with a total generation capacity of 76MW to Axium Infinity Solar — a subsidiary of Axium Infrastructure Canada II Limited Partnership — for $540 million.
Remedies that drive up the cost of deploying solar power in the US would jeopardise the ability of Puerto Rico to rebuild its power infrastructure, Senator-at-large Eduardo Bhatia has warned.
International solar PV systems integrator Phoenix Solar has lowered its full-year revenue guidance a second time but added a profit warning as delays in project approvals increase due to the US ITC ‘Section 201’ trade case creating market uncertainty.
Investment company Hannon Armstrong has issued US$163.75 million in green bonds to support an extensive portfolio of PV projects located across the US.
US residential solar PV and energy storage installer Sunrun has secured a US$244.5 million of senior secured credit facilities from a syndicate of lenders for future growth.
PV inverter manufacturer KACO new energy said it has secured orders totalling 550MW in the third quarter of 2017 with cumulative sales so far in 2017 of around 1.95GW, marking orders almost 70% the prior year period.
Brazilian bank Banco do Nordeste announced that it will provide financing for a portfolio of PV projects in Brazil that boast a combined generation capacity of 482MW.
Recurrent Energy, a wholly owned subsidiary of Canadian Solar, announced that its 71MW PV project in Cumberland County, North Carolina has reached commercial operation.
