Integrated PV manufacturer ReneSola has secured at least RMB 1 billion (US$145 million) in an annual credit facility from China Resources Leasing Co to support its downstream PV projects business.
Canadian Asset Management firm Brookfield has entered into exclusivity talks with the SunEdison yieldcos to discuss a potential buyout, according to a new regulatory filing.
San Diego, California-based residential solar company OneRoof continues to wind down US operations, this time with a default under its head office lease.
Former Texas governor Rick Perry, secretary of energy nominee to head the very department he suggested should be scrapped, said in his Senate confirmation hearing yesterday that he regretted making that recommendation.
As Donald Trump officially becomes the 45th president of the United States today, the solar industry remains quietly confident that any momentum gained so far will continue, even under the fossil-fuel promoting, climate change-denying Republican.
In this week's Movers & Shakers segment, PV Tech focuses mainly on executive shifts in US solar companies involved in storage, trackers, residential loans and more. The African Development Bank is also revamping its management board, with a new head of Renewables.
Canada's SunCommon partners with Sustainable Energy Developments to provide residential, commercial and community solar in New York, Silicon Ranch closes a US$55 million equity fund, and new solar projects are completed in California and Arizona.
Spruce Finance announced Thursday that has raised tax equity and project debt transactions in order to support US$445 million in residential solar power purchase agreements and leases in 2017.
Global grid-connected solar PV additions reached 75GW in 2016, a 50% year-on-year growth from 50GW in 2015, according to the PV Market Alliance (PVMA).
