The green investor takes 50.1% of the 24 million EUR hybrid renewable energy storage project on the Portuguese island, which, once completed, will allow the island to be totally powered by renewable energy, except for prolonged periods of unfavorable weather.
Sunrun continued its strong growth through the end of the year and is anticipating more of the same in 2016, despite its departure from Nevada. The company also launched a PV and battery product for Hawaii.
Sunrun continued its strong growth through the end of the year and is anticipating more of the same in 2016, despite its departure from Nevada. The company also launched a PV and battery product for Hawaii.
Vivint Solar is seeking damages to be determined at trial for the benefits that its stockholders expected to receive from the failed acquisition by SunEdison, as additional details emerge in SEC filings.
The Chinese PV cell producer, bedeviled by continued share value below $15 million, has been told it is to be delisted from the NASDAQ Stock Market.
As reported in pv magazine this morning, Vivint Solar has announced that it is cancelling its merger with SunEdison. pv magazine spoke with Mercom Capital CEO Raj Prabhu about what happened and what this deal falling through means for the world’s largest renewable energy developer.
SunEdison has settled one of the two lawsuits it has been engaged in, and a limited restraint on the transfer of assets has been lifted.
Chinese PV group Risen Energy saw net income skyrocket 382% to CNY 320 million ($48.9 million) last year while sales rose 78% to CNY 5.26 billion.
The leading PV manufacturer achieved record results on both a sequential and year-over-year basis last year. In the fourth quarter the comapny’s module shipments hit an all-time high of 1.78 GW.
The delay in the two companies’ annual financial filings is only one of the problems that Deutsche Bank has cited in its suspension of ratings.
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