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Indian industry heads talk solar finance at REI

Leading figures in the Indian solar landscape debated at REI the funding and growth challenges facing the country’s market, need for continued foreign capital evident.

Indian industry heads talk solar finance at REI

Leading figures in the Indian solar landscape debated at REI the funding and growth challenges facing the country’s market, need for continued foreign capital evident.

China Singyes unit sells off 100MW of PV

Excel Deal Investment has agreed to buy two 81% stakes in two companies from Hunan Singyes Green Energy for HKD861,000,000 (USD111 million).

Canadian Solar enters into new distribution agreement in Mexico

The Chinese company has signed the agreement with local wholesale distributor of solar products DM Solar, for the company’s popular modules that will be mainly used for small and medium-scale projects, as Canadian Solar raises its profile in the Latin American country.

South Korea's solar shipments spike in January-June period

Exports of solar modules and related PV kit soared 46.7% year on year to $2.01bn in the first seven months of 2016, according to new government data.

Silicor nears completion of financing for USD1bn Iceland facility

U.S. solar silicon manufacturer Silicor Materials is just USD150 million away from completing financing for the company’s first commercial-scale site to produce solar silicon using its unique production process.

Foresight Solar Fund raising capital for further solar investment

The U.K. investment company has announced that it is putting 28.2 million shares up for sale in an attempt to raise GBP 28.9 million (USD 38.5 million) for investment in an “attractive” 200 MW solar pipeline that it has identified.

Jinko Solar and Heraeus enter into fresh collaboration

The established partners enter a new phase of their cooperation, as Jinko Solar is using Heraeus Photovoltaics’ front-side silver paste on its new high-efficiency solar cells.

The pv magazine weekly news digest

More storage movement as RWE moves to acquire Belectric and Enphase launches its AC battery in Australia and New Zealand. SolarCity-Tesla and GCL-SunEdison also make the news turn this week.

SolarCity value miscalculated by $400 million in Tesla merger

A Securities and Exchange Commission (SEC) filing by Tesla on Wednesday revealed that the investment bank that advised SolarCity on its sale to Tesla, Lazard Ltd, double-counted some of the company’s projected indebtedness, resulting in a $400 million undervaluation.

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