Markets & Policy

More than 7,000 solar installations on net metering in Brazil

The combined capacity of all of the solar installations on net metering in Brazil stands at 57.6 MW.

ReneSola enters partnership with China Resources Leasing worth US$145 million annually

Chinese fully-integrated solar developer ReneSolar has signed the partnership with the significant holding company that would see China Resources Leasing provide it with an annual credit facility no smaller than RMB 1 billion (US$ 145.8 million) to expand its downstream project development.

Mercom: Battery storage funding shifts to deployment

The latest report by Mercom Capital shows that while debt and public market financing for battery storage companies declined in 2016, that battery storage project funds raised $820 million during the year.

Manz enters into massive CIGS partnership in China

The German tool maker will supply €263 million worth of thin-film production equipment to two Chinese companies, as well as turning over its R&D company to a joint venture.

Hanergy to accept Hong Kong regulator demands over trading resumption

Hanergy Thin Film Power (HTF) says it will not contest an order by Hong Kong’s Securities and Futures Commission (SFC) to pay outstanding debts to its subsidiaries, as it seeks to resume trading of its stock.

IBC Solar opening subsidiary in South Africa

IBC Solar has decided to take the plunge in the exciting South African market, by setting up its own subsidiary in the country with its partner maxx | solar energy, after undertaking a number of projects alongside the company.

TerraForm Power, Global get serious with Brookfield

The two yieldcos have entered into an exclusive agreement with Brookfield towards a purchase of the company, and entered into an MOU with SunEdison towards settling lawsuits to enable this sale.

Solar lending rates continue to fall in India

Mercom Capital says the fall in rates is now making projects with lower prices viable, and that demonetization could further bring down rates.

Pay to own residential solar reaches 100,000 customers in Uganda

Fenix International, a silicon-valley technology company backed by venture capital, today announced that it has sold its solar financing model to 100,000 residential customers in Uganda.

Spruce raises US$445 million investment for 2017 projects

Spruce Finance, which provides consumer financing for residential solar and energy efficiency projects, has raised a total of US$445 million dollars in tax equity and project debt transactions to support its activities in 2017.