The Overseas Private Investment Corporation (OPIC) has issued its first green guaranties to US investors to back climate-friendly projects, with US solar firms expected to benefit.
Leading US PV installer SolarCity has broken ground on its new 1GW fab in New York State, where it will manufacture modules with Silevo, the West Coast start-up it acquired earlier this year.
Renewable energy solutions company, Urban Green Energy (UGE), and energy infrastructure investment and development group, OTEPI Renewables, have formed a partnership to focus on commercial solar deployment in Panama.
Solar prices in the US in 2013 fell by a further 15% year on year, a study from the Department of Energy and Lawrence Berkeley National Laboratory has found.
Three of Cayman Islands-registered LDK Solar’s US-based subsidiaries are to file for Chapter 11 bankruptcy, supporting attempts to restructure rather than fold the company.