Finance

The Toyota Prius gets rooftop solar, Fraunhofer and Hevel push multicrystalline and HJT efficiencies, Saudi Arabia begins 300 MW tender process and Tesla publishes its Q4 2016 financials – welcome to the week that was.

The Fortune 200 power company has partnered with a Canadian investment firm to acquire the U.S. utility-scale developer and IPP.

Second large-scale solar investment in 2017 sees the London-headquartered investment firm snap up the Sandridge solar farm in Wiltshire, southern England.

The Tier 1 solar company ups its projected module and cell shipments projection above guidance figures to 5.1 GW to 5.2 GW, with revenue for the year expected to be around $2.2 billion.

The EV, battery and now solar company fell into the red in Q4 concurrent with the acquisition of SolarCity, as it begins making batteries at its Gigafactory and prepares for Model 3 roll-out.

The two insurance firms have already provided ¥10 billion ($88.4 million) in project financing for an undisclosed solar project near Tokyo and another in the Tohoku region, on the northern end of the island of Honshu.

Mizuho Bank arranged the ¥27 billion ($240 million) syndicated loan for the array in Ishikawa prefecture.

The solar investment group will likely swing back to the black from a net loss of roughly 98.9 million yuan ($14.4 million) in the 12 months to December 31, 2015.

The Swiss vertically integrated storage solutions company reports 2016 annual revenues of $27.6 million and 2017 order backlog of 85 MWh of new utility-scale storage projects.

Zambian government signs agreement for the second tranche of the World Bank’s Scaling Solar program, which will support the construction of up to four solar PV plants in the country.