The fund has set a 250 million share placement program that will enable it to develop up to 186 MW of solar capacity in the U.K.
The new European powerhouse merges leading inverter and automated drive technologies while looking to expand global operations in a bold move that signals confidence in the solar sector.
Changing market dynamics and shrinking state incentive programs led to larger players grabbing a bigger share of the EPC pie last year while medium-sized integrators struggled with the increasing burden of cost.
Improving market conditions and cost reductions have boosted the newly independent REC Solar's bottom line.
The Spanish engineering group is widening its footprint in the U.S. market, where it's also constructing a 265 MW project for AES Solar.
The Ontario-based module manufacturer, which has impressed solar developers with its equipment, is following up a major North Carolina project with a large installation in Japan.
Launched in January in conjunction with Conergy's main shareholder Kawa, the U.S. solar investment vehicle this week closed-off its inaugural solar project in California.
The Russian government is pushing for new wide-ranging legislation that will attract greater investment in renewable energy projects as the country's biggest grid operator looks to add 10 MW of solar by 2015.
The German PV manufacturer successfully reduced its financial liabilities by 57%, converting the remaining outstanding debt into two new secured bonds.
Solar led the charge of renewables which accounted for over 99% of new electrical generation capacity installed in the US last month. But despite providing 287 MW of the 324 MW added in January, solar still represents only 0.7%...
Greece's Environment Ministry is set to introduce new measures in the hopes of reaching a long-term solution, including FIT cuts and loan extensions. Consumers, however, face still more RES fee hikes.
US semiconductor giant Applied Materials has reported more gloomy news from its solar division. With a manufacturing overcapacity worldwide, PV companies are not investing in plant, says Applied.
Production capacity investments by Canadian Solar and SunPower will be the first of many, predicts IHS. The market research company is also predicting microinverters will start to gain traction this year.
A solar analyst predicts the world's most generous FIT will be cut by 14% from April. A committee of experts has revised down its estimate of operation and maintenance costs for solar.
Figures released by the country's Ministry of Infrastructure and Environment reveal that Amsterdam leads the way, with more than 16 MW of solar power installed.
The Chinese company has provided 13 MW of modules to a U.K. solar park and announced it is to begin producing solar panels in Japan.
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