Finance

The joint First Solar/SunPower yieldco achieved $16.3 million in cash available for distribution, above its guidance, with 131 MW-AC of projects reaching commercial completion during the quarter.

The state-owned asset management company could help Yingli sell off assets.

The companies who brought the suit must also pay around €1.2 million in legal costs and administrative expenses to the Spanish state.

The investment is set to bolster the leading U.S. O&M services group and provides Oaktree with a foothold in “a nascent industry with enormous growth potential.” Solarrus has also appointed a new chief executive.

The investment allows Powerhive to expand its renewable microgrid development using its propriety technology and supply affordable and reliable electricity to off-grid communities in emerging markets.

Government officials, public sector stakeholders and regulators will gather next month in Cairo for a special summit aimed at engaging investors and developers for a slew of major energy and infrastructure projects.

Provisional results from the world’s largest inverter maker show revenue growth and a return to profitability in the second half of 2015, after two and a half difficult years.

The Mitsubishi Group’s main consulting unit is joining forces with its corporate affiliate to buy and turn around poor performing megasolar plants in Japan.

The court rejected claims calling for compensation for cuts to the feed-in tariff for solar introduced by the government in 2010. The five appeals represent another 150 businesses which have presented similar appeals. ANPIER calls the ruling “unjust”.