Latest headlines

Solar funding rises in Q3 despite dismal stock prices

Mercom Capital's latest quarterly report shows the volume of VC funding and debt financing rising during Q3, while public market financing fell.

REC to offer bid in Dubai's 800 MW solar park tender

Desert in Dubai

The Oslo-based PV manufacturer company says that REC solar panels are tough and reliable enough to withstand the heat and sandstorms that exist in Dubai.

SunEdison to halt transfer of assets to yieldcos

Citing “market dislocation”, SunEdison has announced short-term changes to its operating plan. This includes a plan to hold more projects in warehouses instead of moving them into the company's two yieldcos.

Chorus IPO brings in $112.5 million

Chorus Clean Energy AG's large-scale PV installation in Riechelbach, Germany

The solar and wind operator will invest proceeds, which could reach $134 million if an over-allotment option is exercised, in further growth.

ReneSola sells 16.5 MW UK PV plant to Foresight Solar Fund

Solar farm, England.

The Chinese solar developer offloads asset, located in Membury, England, to Jersey-based investment company Foresight Solar Fund Limited; transaction is third deal between the two companies.

Abraaj Group, Aditya Birla partner on solar in India

Delhi, India

The global equity investor and the Indian multinational are looking to develop a gigawatt-scale solar energy platform in the country.

Solar Frontier tapped to supply 14 MW projects in Indiana

Solar Frontier production facility

The leading CIS solar energy solutions provider -- a subsidiary of Japanese oil and gas giant Showa Shell Sekiyu -- continues to expand its U.S. footprint with two new plants in the Midwest. Built by Vaughn Industries, the...

Vector Cuatro acquires 83 MW in UK

Vector Cuatro solar PV assets

The newly acquired assets in Britain add to Vector Cuatro's growing portfolio of solar PV plants under management in three continents and already exceeding a total of 980 MW.

From the Mag: A selection of stories from the October issue

100% solar powered.

Following a vibrant Solar Power International exhibition, pv magazine investigates the deepening relationship between U.S. utilities and the solar industry, plus Australia and home storage are also in the spotlight.

UK: Energy minister gets 'tough' on subsidies, backs fracking

Amber Rudd in India.

Speaking at the Conservative conference, Amber Rudd says that there is no magic money tree to support the transition to low carbon economy, cites attractiveness of fracking as a "cheaper alternative".

South Africa announces 1.5 GW solar park plan

Solar-powered mine.

Energy ministry 'putting in plans' to develop large-scale PV plant in Northern Cape, augmenting wider aim to add 1 GW of renewable power to the grid to ease current constraints.

Panasonic announces 22.5% module-level efficiency solar panel

Panasonic HIT cell.

Company claims new solar module prototype sets new world record for module-level efficiency based on mass-production technology. New HIT N330 high-powered module set to debut in U.K.

German government to invest EUR 1.5 billion to aid India's solar transition

Angela Merkel.

German chancellor Angela Merkel meets Indian Prime Minister Narendra Modi to discuss development of clean energy corridor, with investment in solar power chief on the agenda.

OPDE begins construction of 30 MW UK solar projects

Solar farm construction, England.

The Spain-headquartered EPC aims to connect three large-scale solar farms to the U.K. grid between the end of this year and early 2016.

Enel Green Power offloads $1bn of Portuguese clean power assets

Portuguese solar installation.

Assets sold to Portugal's First State Wind Energy Investments as Enel looks to ease its debts and target faster-growing markets in Africa and Latin America, company says.

Canadian Solar purchases 59.8 MW solar assets from KKR

Ontario flag.

The vertically integrated Chinese solar firm has closed the purchase of three operating solar projects in Ontario from global investment firm KKR for a total of $203.7 million.

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