Finance

The funds, with the bulk drawn from nine commercial banks, will be steered towards utility Eskom to augment its electricity infrastructure, support renewable policies, and boost generation to neighboring countries.

Bank of China has raised approximately $3.03bn via a multi-currency green bond issuance that wrapped up earlier this week, in a transaction the lender says will provide financing to PV projects throughout the world.

Another seven days of solar brings a call from SolarPower Europe for the EU to end trade duties on Chinese components, the unveiling of Hanergy’s zero charge EVs, and the first shoots of Nigeria’s solar market.

The Swiss tooling specialists expect a first half order volume of approximately $267 million, with EBITDA to be slightly above breakeven as the company returns to the black.

Both private equity and debt funding were down significantly in Q2 and public market financing remains weak, but distributed solar project funds continue to boom

Solar Trade Association warns that some businesses may have to remove their solar arrays if the proposed increase in tax goes ahead.

The San Diego-based company signed agreements to sell the solar assets, with gross proceeds of up to $61 million expected from the transactions, which will help the company follow its current growth model.

Jinko Solar’s Senior Technical Manager Juan Carlos González joined pv magazine’s Jonathan Gifford to talk about Jinko’s award winning new modules, the Eagle series. The new modules have been optimized by Silicon Valley company Maxim, which has helped them increase performance and eliminate hot spots, among other things.

SolarPower Europe appears to be the driving force behind a letter, signed by 34 European solar and renewable energy organizations, calling on the EU to immediately remove the trade measures that exist against imports of Chinese PV modules and cells.

Power purchase agreements for as much as 975 MW of solar PV have been signed between Nigerian Bulk Electricity Trading Plc. and a number of PV developers, one of which plans to develop a total of 1 GW of PV within the country.