SMA acquires stake in US firm Tigo Energy
The leading German inverter manufacturer has purchased a 27% share in the California-based company with the aim of tapping into the smart module technology market.
SolarCity closes $150 million financing facility for commercial solar and battery storage
In addition to its new financing vehicle, which is aimed at solar projects for businesses, schools and government agencies, SolarCity has appointed former FERC Chairman Jon Wellinghoff as its new chief policy officer.
Germany's Abakus Solar applies for preliminary insolvency
German PV company Abakus Solar AG on Thursday applied for the initiation of preliminary insolvency proceedings in a local court in the city of Essen.
The pv magazine weekly news digest
Tesla continued to shake up the auto industry this week with a new, more affordable model. In addition, a new forecast by BNEF sees solar capacity reaching stratospheric levels in the next 15 years while troubled SunEdison is eager to find a buyer for its solar assets in India, which it hopes to offload for $1 billion.
SolarCity closes on $188 million worth of tax equity financing
This is the second large fund that SolarCity has closed on in the past two days.
Hard times in corporate funding for solar during Q1
Mercom Capitals Q1 solar funding and M&A report shows a crash in public market and debt markets, but ongoing growth in solar project funds and securitizations.
SolarPower Europe leads cross-sector clarion call for more flexible power markets in EU
Industry associations including wind, solar, gas and storage sign declaration calling on EU to drive electricity market reforms this year that will deliver more flexible power markets and systems compatible with renewable energy and storage.
Trina Solar signs 40 MW module supply deal with Turkish EPC
The Chinese solar company strikes agreement with Tegnatia for delivery of its 60-cell and 72-cell polycrystalline modules ahead of the Solarex Exhibition to be held this week in Istanbul.
India: NTPC greenlights 510 MW solar power investment
Board of the state-owned utility clears investment funding for two solar power projects, including 260 MW project in Rajasthan and 250 MW project in Madhya Pradesh. Investment total to reach $467 million.
Yingli debt repayment extension proposal fails to reach agreement
Lead underwriter of $220 million loan due on May 12 takes into consideration Yingli’s request for two-to-three year repayment extension but fails to confirm agreement.
