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Finance

Boost for residential solar loans in the US as Mosaic raises USD200 million

Residential solar lending platform Mosaic will receive the funding for a new USD200 million facility from DZ BANK and NY Green Bank. The facility will help the company achieve its ambitious future targets for providing solar financing to homeowners.

Study finds positive link between UK solar farms and biodiversity

An extensive study of solar farms in the UK has found that the existence of the solar panels can improve biodiversity and wildlife abundance, especially when combined with measured land management.

Hanwha bearing fruits of Q Cells, SolarOne integration

Hanwha Q Cells has published its 2015 annual report today, in which the advantages of bringing together its German and Malaysian Q Cells and Chinese SolarOne manufacturing were demonstrated. Booking a profit of $44 million, on sales of $1.8 billion, the harmonization of its ingot through module operations, and more-recent capacity expansions see the company well situated in 2016.

Turkey: ICCI event returns focus to growing solar industry

The 22nd International Energy & Environment Fair and Conference, held just weeks after Solarex, delivered another opportunity for Turkey to smooth the edges of its expanding solar sector.

NextEra Energy Partners reaches 1.6 GW of contracted solar PV assets

NextEra’s yieldco plans to aggressively acquire solar assets while expanding its current wind fleet over the next three years.

Italian companies to build 1 GW of solar farms in Iran

Reports have surfaced that Italian companies Genesis and Dynkun have signed a memorandum of understanding with officials from Iran’s northwestern Qazvin province, for 100 PV plants of 10 MW each.

Saudi Arabia announces new renewable energy target with few details of deployment

Deputy crown prince of the Kingdom of Saudi Arabia Mohammed bin Salman announced the “Saudi Arabia Vision 2030” paper today, which targets 9.5 GW of renewable energy, but doesn’t specify a timeframe or which renewables will be deployed.

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Trina Solar sets new IBC cell efficiency record

The Chinese company achieved an impressive 23.5% efficiency for its large-area Interdigitated Back Contact mono-crystalline silicon solar cell, to go with the company’s other efficiency records.

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Court approves SunEdison motions for restructuring

A court has approved SunEdison’s first day motions, including allowing the company to use $300 million in a debtor-in-possession loan.

Solar Impulse pilot spoke with U.N. from cockpit during testing leg of journey

Bertrand Piccard, one of two Swiss pilots that are taking shifts to fly the Solar Impulse 2 around the world, spoke to Ban Ki-moon after the signing of the Paris Agreement on Climate Change, while in mid-flight across the Pacific Ocean last week.

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