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.
Milan-based F2i inks deal to fully buy Madrid-based developer from financial owner Cerberus, unlocking access to a 1GW solar pipeline in bustling Southern European market.
Firm eyeing crown of resurging PV market taps Swiss offtaker in 10-year deal that will cover three installations, two in Castilla y León and a third in Castilla-La Mancha.
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.
Danish player walks PV Tech through fundraising timetable and investment rationale of ‘Impact‘ vehicle set to focus on Germany, Ireland, France and the Netherlands.
