Despite a record US$2.3 billion in public solar market financing in Q2 2015, overall corporate funding decreased around 8.5% Q/Q. Yieldcos were a “significant” driver, comprising nearly a third of all large-scale solar project acquisitions.
The Australian government has written to Australia’s Clean Energy Finance Corporation (CEFC) instructing it to stop providing finance for rooftop solar. The Australian Solar Council has said the move will hamper innovative solar financing models access to cheap capital.
Inven Capital, owned by Czech utility ?EZ, has invested “a few hundred million” Czech Koruna in Sonnenbatterie. It is looking to capitalize on the German energy storage companys projected future sales.
MD of state-run SECI announces imminent round for five states. Government plans to tender in dollars are missing the point, says consultancy.
State-owned investor pumps $710,000 into ailing Hong Kong developer. Shares stabilized at $0.13 this morning from year-high of $0.20 on June 2.
A strong dollar and Chinese share volatility hampered renewables investment last quarter. But plunge in VC funding indicates solar has gone mainstream, says BNEF.
Solar may have achieved that magical combination of cheap and sexy but the industry is wracked by turmoil in China. No wonder the weekly digest is attracting such a following.
Chinese panel maker is trying to kill a rumor it has been forced, by debts, to halt production. Yingli will supply panels exclusively for Latin America’s largest PV-CSP hybrids.
Underground system wants to buy solar power for $0.11/kWh. Plans will take shape by tomorrow.
Xinjiang Goldwind examines co-location opportunities in Australia. Move comes after revised RET removes uncertainty for clean power developers.
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