Manufacturing

SunEdison has unloaded 21 distributed generation solar plants to its yieldco subsidiary for $47 million. TerraForm expects $5 million in annual “cash available for distribution” from the assets.

The blend addresses the technology’s inherent instability problems and reportedly delivers the highest-efficiency perovskite cell to date, according to IEEE Spectrum.

State utility commission’s decision will modify interconnection rules in order to secure the benefits offered by advanced inverters.

Google and Prudential Capital Group are financing the Red Hills solar power plant to the tune of $157 million. The Norwegian integrated independent solar power producer will manage and operate the PV facility.

In its 2015 outlook for investors, Deutsche Bank predicts a year of growing margins and stable supply and demand dynamics for the year. Diverse demand drivers in the U.S. will be a key highlight, while project financing and permitting progress in China balances potential weakness in Japan.

Brazilian development bank BNDES is financing 75% of the reported $17 million, 40 MW-capacity project in the northern state of Alagoas. The decision marks the first time the bank has financed a PV module factory.

The largest electric power utility in the United States has committed to purchase power from three solar developers for four Indiana communities.

Valued at some $322.5 million over 20 years, the deal provides an average levelized rate of 6.3 cents per kilowatt hour for Idaho Power Company.

Government approves net metering program and introduces funding scheme allowing homeowners to borrow against their mortgage for solar installations.

Update: “In short, this is a setback for SolarWorld and a big win for the Chinese manufacturers,” says GTM Research Senior Vice President Shayle Kann.