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Satisfactory resolution of the company's annual general meeting 2014 culminates in the announcement of a 50 MW solar module delivery order.
Gross proceeds of at least US$500 million are expected from TerraForm Power's IPO. The company has an initial portfolio of 808 MW of solar PV projects in three continents.
The polysilicon producer reported strong revenues of $126.8 million in the second quarter of 2014, boosting profit after a loss-making Q1.
Hot on the heels of its World Cup success, Germany claims another accolade as it is crowned most energy efficient major economy. U.S. lags behind in 13th place.
Deal sees the Japanese technical giant acquire the fifth-largest inverter supplier in the U.S., becoming the only company to feature in the top 10 of the world's two biggest inverter markets.
The financing agreement is seen as key to helping San Carlos Solar Energy deliver a larger portfolio of projects to meet the Philippines' growing needs for daytime power and to reduce its reliance on fossil fuels.
Nawaz Sharif's government is considering three more feasibility studies after 24 letters of intent for solar schemes were issued. Sharif's rural electrification program is continuing apace.
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