Tesla chief Elon Musk purchased US$5 million worth of SolarCity shares a few days after the head of a short-selling hedge fund ignited a war of words with SolarCity’s own CEO, Lyndon Rive.
The US Navy has committed to developing 210MW of solar PV across 14 military installations in what has been labeled the largest purchase of renewable energy ever agreed by a US federal entity.
Power solutions and solar thermal technology provider SolarReserve has earned environmental approval from the Chilean government to develop the 260MW Copiapó Solar Project.
Renewable energy development company SunEdison has closed financing and commenced construction on the 156MW Comanche Solar project in Pueblo, Colorado.
During a scheduled visit to a SolarCity factory under construction in South Buffalo, New York, US Senator Charles E. Schumer (D-NY) announced his campaign to push for new legislation focused around extending the current federal solar investment tax credit (ITC) in order to support jobs and development in the PV market.
Sojitz Corporation of America (SCA), a US subsidiary of global trading and investment company Sojitz Corporation, has signed an agreement with Grupo T-Solar Global (T-Solar), which is affiliated with Spain-based Grupo Isolux Corsan, to become a 49% equity owner in two solar plants in Peru.
Clean energy firm and PV developer Shunfeng International Clean Energy (SFCE) has acquired a majority stake (63.13%) in US-based solar cell and module manufacturer Suniva with an investment of US$57.76 million.
PV developer SunEdison has entered into a joint venture with US-based power firm Dominion for the 420MW Four Brothers solar project in Utah, developed by SunEdison.
