US government funds $253 million in international solar during 2017
The U.S. government’s Overseas Private Investment Corporation (OPIC) increased clean energy financing in 2017, despite the arrival of the Trump Administration and an ongoing investigation.
Guggenheim: Sale of CAFD, NYLD casts doubt on the yieldco space
A research note by Guggenheim Securities says that the discounted sales of NRG Yield and 8point3 Energy Partners show how difficult it has been for investors to accurately value yieldcos, and undermines confidence.
China to achieve solar grid parity in 2023, slow development of storage hinders RE adoption, survey shows
Examining the outlook for renewables, grid and infrastructure, and energy storage for the next five years and beyond, the Lloyd’s Register 2018 Technology Radar study asks the question: When will renewables become the dominant source of energy?
REC Silicon posts revenue increase for Q4 2017
Norwegian headquartered manufacturer, REC Silicon has posted revenue of $78 million for the fourth quarter of 2017, a 3.4% increase over the previous quarter’s $75.5 million. The company also increased its EBITDA to $10.3 million, up from $3.6 million the previous quarter.
GET FiT scheme launched in Zambia after successful run in Uganda
Through a partnership between German investment bank, KfW and the Zambian Ministry of energy, the GET FiT scheme has entered its first round, with a tender of up to 100 MW.
Wacker Chemie boosts 2017 sales volume by 6% Y-O-Y
German-headquartered polysilicon producer attains 2017 sales and earnings target, posting €4.92 billion in sales and net income of €885 million.
India’s Sterling and Wilson to build 54.3 MW solar plant in Zambia
The PV plant will be the nation’s largest once complete, and will be implemented under the International Finance Corporation’s Scaling Solar program.
ABB to build Latin America’s first digital substation alongside new 156 MW solar farm, publishes 2017 financials
The Swiss-headquartered power electronics firm will install a 230 kV digitally enable substation and connection bay at Brazil’s Juazeiro II substation, which will eventually deliver power from a 156 MW solar plant. 2017 full year financials reveal transitional year for firm.
Tesla solar deployments slide further in Q4
With only 87 MW deployed, Tesla/SolarCity may no longer be the largest distributed solar company in the United States, but its energy storage business is growing.
Daqo polysilicon order book reaches 90.2% on Chinese demand
The Chinese polysilicon supplier reveals that its order book is 90.2% filled as of the end of January, in response to surging demand among Chinese solar firms.
