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?
Taiwan-based solar cell and wafer producers had been impacted by a major slowdown in PV project development in China in the third quarter of 2016. However, signs of a recovery emerged at the beginning of the fourth quarter and escalated further in November.
More than 160 UK-based NGOs, public institutions and businesses – including major brands such as Sainsbury’s and IKEA – have come out in support of solar over proposed increases to rateable values.
The United States Agency for International Development (USAID) has announced US$4 million in new investments for off-grid solar in Africa during the COP22 conference in Marrakesh, Morocco.
After a backlash from Illinois governor Bruce Rauner and his administration, ComEd and Exelon verbally agreed on Tuesday to ditch some of the most controversial provision in their Future Jobs Energy bill, including the mandatory demand charge.
Mosaic, the leading provider of solar loan financing for homeowners, announced the closing of a US$250 million warehouse facility with Deutsche Bank as the arranger and administrative agent. Along with recent upsizes to Mosaic's existing warehouse facility and a forward flow whole loan sale arrangement, this deal with provide Mosaic with US$550 million of new loan funding capacity.
