Single-axis solar tracker firm Soltec has signed a €100 million syndicated credit facility with eleven banks, led by Banco Santander to continue to expand its international business with the opening of subsidiaries in the five continents.
The Commonwealth of Virginia’s new energy plan has called for 3GW of solar and wind installations by 2022 as well as grid modernization to handle both solar and wind totalling 5GW by 2028.
US-headquartered high-efficiency PV module producer SunPower Corp has completed the acquisition of SolarWorld Americas from German insolvency court and administrators, securing the future of the solar cell and module assembly operations of the Hillsboro, Oregon plant.
Major PV inverter manufacturer SMA Solar Technology has lowered its full-year revenue and profit guidance due to the market downturn in China that has led to plummeting product prices and delays to PV Power plant development across major markets.
Enel Green Power México (EGPM), a subsidiary of Italian power giant Enel, has connected around 1,089MW of solar energy to the grid in Mexico, including the largest solar project in the country.
8minutenergy Renewables has entered into a definitive agreement to sell the equity interests of the 121MW Springbok 3 Solar Farm in Kern County, California to Capital Dynamics, an independent global private asset management firm.
India-based module manfacturer Vikram Solar has shipped 52.6MW of solar modules to South Carolina-based developer Southern Current for a ground-mount project in the US.
