investment

Canadian Solar subsidiary Recurrent Energy has secured a tax equity investment commitment with GE Energy Financial Services for its 75MW Astoria 2 (previously 100MW) solar power project in California that is currently under construction.

Silicon Module Super League (SMSL) member and major PVEP (Photovoltaics Energy Provider) Canadian Solar is to raise US$100 million from the issue of common shares.

Thin-film manufacturer and developer First Solar is among the investors in a US$50 million funding round for grid-scale storage specialist Younicos, with the money raised set to fuel the latter’s expansion.

The eligibility of energy storage systems for a programme financing energy efficiency and renewables through property tax assessment shows that the technology is maturing rapidly, according to the CEO of the North American arm of Sonnenbatterie.

The impact on the cost and availability of finance for solar projects in the wake of a successful Paris summit could be profound, writes John Parnell.

Bosses of companies including HSBC Holdings, Microsoft, Nestlé, Dow Chemical Company have signed an open letter urging for action on climate change.

Investment in clean energy surged in emerging economies during 2014, the Bloomberg New Energy Finance (BNEF) Climatescope report has found.

Leading US installer SolarCity is raising US$113 million through a bond sale to technology investor, Silver Lake Kraftwerk, the company's chairman, Elon Musk, and CEO Lyndon Rive.