Finance

Australian government to back blockchain PV, water project

The Australian government has agreed to provide AU$2.57 million (US$1.9 million) to support a two-year pilot project that will use blockchain technology to pair utility-scale and commercial rooftop PV with a battery, electric vehicle charging stations and water treatment and capture systems in the state of Western Australia.

JA Solar to drop NASDAQ listing, go private

JA Solar has signed an agreement to cancel its listing on the NASDAQ stock exchange and go private in an all-cash transaction.

SunEdison to sell up to $417 million in TerraForm stock

The company stands to make a pretty penny by getting out of TerraForm Power.

Japan: Canadian Solar raises $66 million with dual-tenor green project bond

The solar PV giant has completed its second green project bond placement with Goldman Sachs Japan.

ADFD and IRENA invite application for renewables funding for developing countries

ADFD and IRENA invite application for renewables energy projects as it enters fifth round of funding, having already made 100 MW of clean energy available to developing nations throughout the world.

TerraForm Power refinances with $350 million term loan facility

On the heels of its acquisition by Brookfield, the yieldco is putting its financial house in order.

Manz reports revenue and profit increase

The PV equipment manufacturer further improved its sales in the third quarter. The company said its CIGS orders are fully on schedule and will be included in the results of the fourth quarter.

Mudajaya to finance 49 MW in Malaysia with Islamic bonds

Mudajaya, a Malaysian engineering and construction group, aims to raise up to 245 million ringgit ($58.7 million) by issuing sukuk Islamic bonds. It will use the proceeds to finance the construction of 49 MW of solar capacity in northern Peninsular Malaysia.

ISA presents risk mitigation feasibility study for pilot 20 GW capacity

The International Solar Alliance (ISA) presents its first offering, a Common Risk Mitigation Mechanism (CRMM) feasibility study, at COP23 in Bonn, Germany, to deepen solar markets, which aims to mobilize up to $1trn of capital investment by 2030.

IEA: Solar PV set to lead capacity additions to 2040

In its annual flagship report, the International Energy Agency (IEA) highlights that fast-declining costs will turn solar into the cheapest source of new energy generation over the next 25 year.