Election of EU energy commissioner proves thorny
In a stormy hearing last week, Spanish commissioner-designate for energy and climate action Miguel Arias Cañete sought to dodge questions about his oil industry past and provided only vague answers to questions about energy and climate protection policy. His candidacy could be in danger.
OneRoof Energy secures credit lines of $16.7 million
The San Diego-based company will use much of the new financing for its new residential solar fund and as working capital.
Canadian Solar clarifies status of Japanese pipeline
Kyushu Electric Power in Japan has said it is suspending grid connection approval for new solar projects pending evaluation of its respective grid capacity availability, which it expects to comlpete by the second quarter of 2015.
Bright Capital, Energy of the Sun invest $300 million in Russian PV plants
Russia’s solar future appears increasingly brighter: A recent solar tender for the construction of projects in the next three years resulted in application submissions for a total of 785 MW of capacity.
UK: £300 million in subsidy support for renewables
The increased budget will be split between the various renewable energy technologies bidding for subsidy support. The country’s Solar Trade Association says the government’s decisions “represent serious tragic mistakes in energy policy.”
OPIC issues first green guaranties in climate-friendly milestone
The Overseas Private Investment Corporation’s green guaranties are intended to support climate-friendly investments around the world.
Heliatek raises EUR 18 million from investors
A group of high-profile investors led by BMW heir and entrepreneur Stefan Quandt are supporting the German organic solar film manufacturer’s market entry in the BIPV and automotive sectors.
Trina Solar issues $100 million convertible notes
As part of the notes ofering, the Chinese PV group has agreed to lend American depository shares to o investors, who will be able to hedge their investment in the notes.
Scatec Solar lowers IPO price as company delays first day trading
Norwegian solar company sharply cuts the price range for its share offering as it lowers sales forecast ahead of trading.
New York's $5bn renewables vision
NYSERDA says its 10-year plans will cost $3.85bn on top of current spending commitments. But the sustainable energy body says that does not mean a rise in energy bills for consumers.
