TerraForm Power reveals proposed settlement with SunEdison
TerraForm Power has sent a draft settlement agreement to SunEdison creditors under which claims would be settled, noting that it prefers a collaborative process.
Vivint Solar shows improved profitability but flat growth in Q3
The residential solar installer is still struggling following SunEdisons failed acquisition, but reported record low prices and improved results.
Interview: Huawei ramps up its LatAm presence
Leslie Tan, general manager of the Latin American market for Huawei, discusses the Chinese inverter supplier’s strategy for the region.
Vietnam and Indonesia eyeing 10 GW of solar PV
The two Southeast Asian countries are each hoping to add 5 GW of PV by 2020, in an attempt to meet green energy targets and to stimulate fledging solar markets, with a number of developers already looking with interest in the region.
SMA and LG Chem unveil battery inverter solution
German inverter specialist and South Korean electrical giant have collaborated on new residential storage solution comprising Sunny Boy inverter and LG’s new RESU 10H and 7H batteries.
Greenko finalizes 587 MW SunEdison acquisition
Greenko Energy Holdings has completed the acquisition of 587 MW of SunEdisons solar and wind projects in India, in a deal worth approximately USD 392 million, which sees the company make its first major venture into the solar PV industry.
MLPE suppliers embracing vertical integration to shift more units, says IHS Markit
Solar microinverters and power optimizer suppliers are embracing off-the-shelf integrated solar AC and smart modules as landscape for the MLPE sector evolves and grows, finds IHS Markit analysis.
Restrictive net metering policy harming Indian rooftop solar, say analysts
Bridge to India survey finds wide disapproval of India’s net metering conditions among industry professionals, with long connection delays reported across the country.
NEXTracker to supply trackers to 191 MW solar plant in Brazil
The Flex subsidiary has signed a Master Services Agreement with Biosar, who is acting as EPC, for the delivery of its advanced solar tracking technology for a 191 MW PV project in Minas Gerais, which is due to be completed by the end of next year.
Azure Power secures huge $470m financing deal for pre-IPO Indian solar projects
The Indian power developer has secured $309 million in project finance for its 450 MW utility-scale projects, as well as $161 million as part of its pre-IPO. Firm has now committed more than $1bn to Indian solar.
