San Diego, California-based residential solar company OneRoof continues to wind down US operations, this time with a default under its head office lease.
Canada's SunCommon partners with Sustainable Energy Developments to provide residential, commercial and community solar in New York, Silicon Ranch closes a US$55 million equity fund, and new solar projects are completed in California and Arizona.
Abu Dhabi-based renewables firm Masdar has selected the International Finance Corporation (IFC) to oversee funding of Jordan’s largest solar plant, standing at 200MW.
Solar product distributor d.light has raised another US$10.5 million, bringing its total to US$40 million in four months for off-grid ventures in Africa and Asia.
The Solar Energy Industries Association (SEIA) has formerly partnered with the Solar Energy Finance Association (SEFA) to lower the cost of capital in the industry and form a single voice for organising stakeholders including developers, investors and lenders.
Brazil’s development bank BNDES and the Inter-American Development Bank (IDB) have approved a US$750 million conditional credit facility for the Brazil’s Sustainable Energy Financing Program.
The levelised cost of rooftop and large-scale solar PV continued to rapidly decline in 2016, financial advisory and asset management firm Lazard has said.
Trina Solar investors are widely expected to vote in favour of privatisation on Friday. The move would see the company unshackled from the reporting requirements of NYSE and potentially better placed to raise equity funds. But could the loss of transparency do more harm than good?