With the $20 million financial backing of the Clean Energy Finance Corporation (CEFC), local lender RateSetter has launched Australia’s first peer-to-peer green bond lending platform connecting investors and borrowers with an eye on environmental sustainability.
The Tier-1 Chinese solar company saw its profit slip both sequentially and year-over-year, however, as lower average selling prices continued to fall. Company will seek opportunities to streamline operations moving forward.
Chinese module manufacturer JinkoSolar announced the completion of financial negotiations for the 1.17 GW solar project to be built in Abu Dhabi. The project will be financed with $870 million and is expected to begin commercial operation in April 2019.
Report by the International Renewable Energy Agency shows large increase in number of people employed in renewable energy sectors, led by solar PV, which accounts for 3.1 million jobs.
U.S thin film producer Siva Power has announced the completion of a $25 million investment round, which focuses on its solar module business, and continuing to build out its pilot line.