A registered direct offering with expected gross proceeds of US$40 million has been unveiled by ReneSola as it looks to continue to expand its pipeline.
Prices of solar-plus-storage systems to be deployed on France’s island territories have fallen once again in the country’s latest auction, dipping below €100/MWh (US$122.75/MWh).
Northern Indiana Public Service Company (NIPSCO) signs Power Purchase Agreement (PPA) to offtake electricity from a local solar farm owned by asset management firm Capital Dynamics.
Solar EPC and O&M provider Greencells has successfully placed the first tranche of a secured green bond, raising €15 million (US$17.9 million) to finance a growth push.
Renewables developer BayWa r.e. has received a major capital injection of €530 million (US$642.3 million) through the sale of a 49% stake in the outfit to Energy Infrastructure Partners (EIP).
Yingli Green Energy has revealed new details surrounding its pending restructure, stating aims to once again become a top-ten module manufacturer. But as the solar industry enters a new era of expansion plans, can it keep up with the pace?
Having topped solar module manufacturer shipments in 2013, Yingli’s next five years were typified by falling revenues and increasing debt. Now, with a complex restructuring underway, Yingli has plans to reach the top again. PV Tech gets inclusive insight into how that restructure is taking shape.
