Vivint Solar, the newly floated US residential PV installer, has forecast a decrease in deployments in the final quarter of the year, blaming the prospect of harsh winter weather conditions.
The US subsidiary of China-based tier-one PV module manufacturer, JinkoSolar, has secured a two-year line of credit of US$20 million to support US working capital and business operational needs from Wells Fargo Bank, National Association.
Hong Kong based independent power producer (IPP) Sky Solar has postponed its initial public offering (IPO) of shares, which were expected to start trading today on NASDAQ.
Canadian Solar has revealed that it has also been a major winner in the recent reverse auction in Brazil for PV, securing 114MW of projects with local PV developer, Solatio in the state in Minas Gerais.
Spanish developer Abengoa has vowed to continue with the Palen concentrating solar power (CSP) project despite the withdrawal of its planning application in September.
SunEdison and the Latin American arm of Italian developer Enel Green Power have emerged as two of the big-name winners from Brazil’s successful solar auction last week.
Axion Power International, a maker of lead carbon battery systems, has been selected to supply energy storage and frequency regulation to a 9.1MW solar farm in Pennsylvania, the company has announced.