Renewable energy development company SunEdison has signed off on a 20-year power purchase agreement with the Rialto Unified School District in California for 8.4MW of solar energy.
Solar panel developer and manufacturer SunPower plans to spend around US$1.5 billion on 1GW of solar projects in Chile over five years, the company has confirmed.
In its new Q2 2015 Latin American PV Playbook released on Tuesday, GTM Research noted that 363MW of new operational capacity for utility-scale PV came online in Latin America during the second quarter of 2015.
Deployment of 1-5MW solar systems in Brazil is forecast to more than triple in 2016, after new net-metering proposals, according to a leading analyst on the Latin America region.
TerraForm Global, a subsidiary of PV project developer SunEdison, has priced its initial public offering (IPO) of 45 million shares of its Class A common stock at US$15 per share, which represents US$675 million in gross proceeds.
The Brazilian Association of Photovoltaic Solar Energy (Absolar) has signed an agreement with the Brazilian Agency for Export and Investment Promotion (Apex-Brazil) to partner on attracting more foreign investment into the domestic solar industry.
There were 1.2GW of US residential solar installations last year, of which 72% was third-party owned (TPO) through leases and power purchase agreements (PPAs), according to a GTM research study.
The largest US PV installer, SolarCity, reported continued installation and revenue increase in the second quarter of 2015, backed by increasing pre-booked customers.
