Americas

Mosaic, the leading provider of solar loan financing for homeowners, announced the closing of a US$250 million warehouse facility with Deutsche Bank as the arranger and administrative agent. Along with recent upsizes to Mosaic's existing warehouse facility and a forward flow whole loan sale arrangement, this deal with provide Mosaic with US$550 million of new loan funding capacity.

The global market for utility-scale PV and operations & maintenance (O&M) will reach 182GW by the end this year, GTM Research’s latest report finds.

Massachusetts has recently initiated a proposal under the Baker administration to double solar energy development in the state. In related news, NRG commissions the state's largest community solar facility.

Enel Green Power Peru (EGPP), a subsidiary of Italian power giant Enel, has started construction of Peru’s largest solar plant.

Southern Company subsidiary Southern Power has acquired the controlling interest in the 100MW Boulder Solar I Facility in Nevada from SunPower, which will own the remaining interest in the project.

Georgia Power and the US Army officially dedicated a new PV on-base facility at Fort Gordon, Georgia, on Wednesday.

Specialist PV manufacturing equipment supplier Amtech Systems reported Solar segment sales of US$22.6 million in its fiscal fourth quarter of 2016, resulting in full-year preliminary Solar segment sales of US$60.9 million, up from US$51.8 million in 2015.

The merger between Tesla and SolarCity has been approved by shareholders.

‘Silicon Module Super League’ (SMSL) member JA Solar reported lower third quarter total shipments as the slowdown in the domestic China market hit. As a result full year shipment guidance was also lowered.

Chile plans to develop a solar park of between 750MW to 1GW capacity to power the mining industry in the Atacama region, according to a release from Chilean development agency Corfo.