Latest headlines
EU to see PV price hike following AD on Chinese imports
The European Commission’s plan to slap Chinese PV modules with punitive anti-dumping duties could lead to a 45% surge in the average pricing for Chinese-manufactured products, result in yield reductions on some solar projects to...
Suntech reaches deal with bondholders
Suntech Power Holdings Co., Ltd. announced on Wednesday that it had agreed on a new forbearance deal with the majority of holders of its convertible notes.
SoloPower confirms reductions, searches for investor
U.S.-based flexible CIGS manufacturer SoloPower has confirmed that it is scaling back its operations, as it searches for a strategic investor.
California: New group formed to defend net metering
A coalition of solar companies and physicians has been formed in California, to push back against utility company attempts to wind back net metering for solar customers.
Germany: €970 million surplus for EEG levy in March
In Germany, the EEG levy received a record surplus of around €970 million (US$ 1,263 million) last March, thus reducing significantly the accumulated deficit to around €450 million (US$ 586 million).
Clean Power Finance raises $37 million "C Round" finance
While solar startups may struggle to raise venture capital funding at present, California’s Clean Power Finance (CPF) has managed to raise US$37 million in "growth equity" from new and existing investors. Notably, Edison...
Aleo solar posts €77 million loss
German photovoltaic manufacturer aleo solar has announced a €77 million loss in its 2012 full-year financials, released today. The loss is more than double the €30.5 million the company lost in 2011.
Australia retains renewable energy target
Despite efforts by some Australian utility companies and industry groups to see Australia’s Renewable Energy Targets (RET) wound back, the government has decided to maintain them. Utilities are having an impact elsewhere, with...
Advancing solar securitization
The U.S. Department of Energy (DOE) has placed emphasis on the securitization of solar PV assets and associated cash flows in the marketplace. Securitization is expected to draw in more investors to the solar asset class. DOE's...
Solar Frontier benefits from Japanese boom
Japanese thin film manufacturer Solar Frontier is capitalizing on the country’s solar boom and is focusing on becoming a downstream business leader and provider of "full turnkey solutions" in the country. The company has also...
UK: Pay-as-you-go PV secures finance
A Cambridge-based developer of a pay-as-you-go photovoltaic system for sub-Saharan Africa has secured a £1 million (US$1.6 million) "working capital loan" to roll out its systems to 30,000 off-grid households.
Updated PV GRID platform provides comparisons for European PV installations
The PV GRID platform launched its national updates on 16 European countries' frameworks for installing photovoltaic systems, providing a wealth of information on photovoltaic installations progress and barriers in Europe.
Sungevity closes $125 million in funding
U.S. solar lease provider and online photovoltaic system retailer Sungevity has secured up to US$125 million, to continue to roll out its products. The funding comes in the form of $40 million equity funding and $85 million in...
Japan: Wirsol and Greenpower Capital form joint venture
Wirsol and Greenpower Capital have formed a joint venture to provide project finance, EPC and O&M to the Japanese solar market. The services are tailor-made to fit photovoltaic projects 10 MW and above.
South Africa: SunEdison closes funding on 58 MW
SunEdison has announced today that it has closed US$314 million in financing for two utility scale photovoltaic power plants in South Africa. Plans to develop the 30 MW Witkop Solar Park and the 28 MW Soutpan Solar Park can now...
UK: Green Investment Bank officially open
The new Green Investment Bank has been officially opened. The institution has been funded with £3 billion (€3.7 billion) government funds.
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