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Finance

The weekend read: Will duties ADD doubt to India’s solar growth?

The threat of India’s government imposing anti-dumping duties (ADD) against solar cells and modules from China, Taiwan and Malaysia is very real, and runs counter to its own ambitions of hitting 100 GW of solar by 2022. Or does it? Could duties help to boost India’s solar industry in other ways? And does the ongoing political uncertainty create opportunity or trepidation for industry?

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Sparx launches $18 million renewables fund in Japan

A unit of Tokyo-based asset manager Sparx has set up a new JPY 20 billion (US$17.95 million) fund to invest in operational renewable energy projects throughout Japan. 

Corporate solar funding slips YoY finds Mercom Capital

Total corporate funding in the solar sector has slipped slightly in the first nine months of this year, compared to the same period in 2016 reports Mercom Capital, despite increases in global VC funding and M&A transactions. Some strong quarterly gains were, however, recorded. Downstream remains a key funding focus.

Climate Policy Initiative presents financial solutions for rooftop solar in India

CPI has summarized the present rooftop sector of India, its economics, and the financial facilities to the industry from government and banks. The analyst and advisory firm has presented the solutions for the current financial obstacles to the growth of rooftop solar. The team has presented two Indo-U.S. collaborative initiatives, USICEF and USICFP, with which these solutions can be implemented.

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India-World Bank signs $100 million loan agreement for Solar Parks

India signs loan agreement with the World Bank for $100 million for large-scale solar power projects named as “Shared Infrastructure for Solar Parks Project”.

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 systems in 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.

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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.

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