Duke Energy backs $225 million in C&I solar projects
The funding is part of an expansion of C&I developer REC Solars channel partner program.
Canadian Solar secures financing for solar projects in Japan
The solar PV giant will receive JPY6.2 billion (USD60 million) from Prudential Capital Group, which will be used to finance over 20 MW of PV projects within the country, as Canadian Solar continues to diversify its portfolio.
EU investigating three Chinese PV manufacturers for alleged breaches of the MIP
The investigation by the European Commission will determine whether the three companies breached minimum import price (MIP) rules for Chinese PV exporters to the EU during transactions in 2015, which would result in them being removed from the MIP undertaking and incurring duties on their PV exports.
African Development Bank leads on $1.34bn loan for South Africa's electricity future
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 raises $3bn in green bonds for clean energy
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.
The pv magazine weekly news digest
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.
Meyer Burger confident of H1 2016 sales upturn
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.
Mercom: Total corporate funding for solar falls to lowest level in three years
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
UK: STA calls on government to halt impending tax hike for commercial solar
Solar Trade Association warns that some businesses may have to remove their solar arrays if the proposed increase in tax goes ahead.
OneRoof Energy to sell 19.8 MW of solar project assets
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.
