United Photovoltaics announces acquisition of 40 MW plant in Shandong

United Photovoltaics Group has completed its acquisition of the entire equity interest in Haiyang-Xin Shunfeng Photovoltaic Technology Co. Ltd.

Sungevity and Solar Brokers Canada announce partnership

California based developers Sungevity have announced a partnership with Canada’s largest solar energy reseller, Solar Brokers Canada. The two will team up to market Sungevity’s products to residential customers in the USA.

Utility scale storage project breaks ground in New England

Massachusetts’s first utility scale storage project got underway this week in the town of Sterling. The battery is being supplied to the Sterling Municipal Light Department (SMLD) by NEC Energy Solutions.

Corporate funding for solar hits $3 billion

Total corporate funding in the solar sector hit US$3 billion in the third quarter of 2016, according to a report released this week by clean energy consulting firm Mercom Capital Group.

Corporate funding for solar hits $3 billion

Total corporate funding in the solar sector hit US$3 billion in the third quarter of 2016, according to a report released this week by clean energy consulting firm Mercom Capital Group.

Canadian Solar Secures Loan from Japanese Syndicate

Canadian Solar projects K.K., a wholly owned subsidiary of Canadian Solar, today announced that it has entered into a syndicated 3-year loan facility for JPY 9.6 billion (US$95 million). Sumitomo Mitsui Banking Corporation (SMBC) is the lead arranger of the agreement.

Alterra Power Corp announces financing for Indiana project

Alterra Power and Inovateus have secured a US$8.9 million construction loan from 1st Source Bank for the Kokomo solar project. The project is approximately 7 MW and located in Kokomo, Indiana.

India waives transmission charges for renewable projects

India’s Ministry of Power has announced a waiver of losses and interstate transmission charges for solar and wind projects. India is looking to encourage growth in renewable energy generation, in order to meet ambitious targets.

Fluidic Energy unveils residential storage unit in Arizona

Arizona based Fluidic Energy this week unveiled plans to bring its long duration Zinc air battery to the US residential market.

Azure Global Power announces IPO pricing

Leading Indian developers Azure Global Power announced the pricing of its initial public offering on the New York Stock Exchange. The shares are expected to begin trading today under the symbol AZRE, at an initial price of $18.00 per equity share.

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