The US installer will use the funding to refinance a working capital facility and purchase equipment that will qualify its projects for the full ITC rate before it depreciates to 26% on 1 January.
Cecilia Keating concludes PV Tech’s end-of-year review, with a look back at Q4 2019's highlights, where bifacial modules narrowly missed being added to President Trump's broader suite of solar tariffs, free-market solar swept Europe, the world's climate priorities were put under the microscope at COP25, and sub-Saharan Africa wrestled with major energy crises.
Investor Eland Private Equity and Chinese manufacturer and EPC Shanghai Electric have set sights on Europe’s thriving PV market, forming a new joint-venture which they claim will plough some €500 million into new assets.
As 2019 draws to a close, PV Tech reflects on the year’s most impactful stories in the solar economy. Liam Stoker starts by looking back at the first three months of the year, when there was a major subsidy U-turn in China and the first of many manufacturing expansions.
Solar Media's Liam Stoker and Andy Colthorpe take a look at how utilities across the world are increasingly deploying sizeable solar and/or storage plants, and discuss the rise of long-duration storage.
Finlay Colville, head of market research at Solar Media, unveils significant growth in the UK’s utility-scale solar pipeline as the market looks set to return to gigawatt-level demand in 2020.
‘Solar Module Super League’ (SMSL) member, JA Solar has completed a buyout of a Shenzhen Stock Exchange (SSE) listed company, after delisting from the NASDAQ in mid-2018.