Finance

A total of 136 bids totaling 150 MW were received by the Federal network Agency in Germany’s second solar PV tender round. The prices for the generated solar energy are still to be determined.

SunEdison has reported relatively stable Q2 and H1 financials, with a narrowing of its Q/Q net loss and sales increases. Yieldco, TerraForm Power, meanwhile, posted a positive Q2 net income, but big H1 loss. Deutsche Bank believes the drop in investor confidence is “overdone.”

The EPA’s highly anticipated Clean Power Plan was unveiled yesterday. Utility-scale solar and wind have been handed a leading role in carbon reduction; distributed solar has not been included, and storage is seen as non-essential. Deutsche Bank says the increased support could suggest a potential ITC extension. Under the new rules, states have until 2018 to submit their final plans.

Latin America saw 363 MW of utility-scale solar PV come online in Q2, representing an 80% YOY increase, writes GTM Research. Overall, the region has a solar pipeline totaling 34 GW, with 981 MW entering construction in Q2.

NRG Energy has recorded a relatively successful Q2 2015, with a marked improvement seen in its net losses. The U.S. energy giant has revised its residential solar market outlook down, due to increased market positioning expenses, but says it is nonetheless among the top 4 players.

In its IPO, launched on July 31, SunEdison Inc.’s yieldco, TerraForm Global Inc. raised US$675 million through the sale of 45 million Class A shares on the NASDAQ stock exchange, priced at $15 each. An additional 6.75 million shares were also on offer.

SolarWorld AG has reported a surge in solar shipments in the first half of 2015, with revenue also on the up. In its preliminary results, the German manufacturing giant confirms its full year shipment forecast of over 1 GW, and a positive operating EBIT.

Shunfeng-owned Wuxi Suntech must reimburse ZKenergy with $38.5m and counting. Claim stems from broken module supply agreement.

Developer announces hitch in its $300m deal to buy Chinese plant portfolio. Details of the acquisition, due today, have been delayed by up to four weeks.

Clinton trumps rivals, SolarCity and PERC are on the up and China is installing more solar than you can shake a stick at, but our dirty smalls could bring an end to life on earth as we know it.