JinkoSolar posts third-quarter increases in sales, profit as it reviews sale of downstream biz
The company currently has 15 projects totaling 488.5 MW under construction. It is also planning to gradually increase its percentage of distributed generation project construction in 2015. For the full year, JinkoSolar expects total solar module shipments of between 2.9 GW and 3.2 GW.
Sunnova raises $250 million in funding round
The third-party solar provider notes that this is the largest funding round by a residential solar service company in the United States, and brings its total funding to half a billion dollars.
US Ex-Im Bank signs $1 billion agreement to support clean energy exports to India
Ex-Im Bank Chairman Hochberg Signs $1 Billion Memorandum of Understanding to Support U.S. Clean Energy Exports to India
Announces the MOU at the India-US Technology Summit in Noida
SunEdison and TerraForm Power buy First Wind
SunEdison says that the US$2.4 billion acquisition will make it the world’s largest renewable energy developer, and will give TerraForm Power 521 MW of additional operating wind and PV plants.
JinkoSolar sells 45% stake in downstream unit for $225 million
The Shanghai-based company will spin off Jinko Power following separate agreements with China Development Bank International, the Macquarie Greater China Infrastructure Fund and New Horizon Capital.
JA Solar scores 55.6% module shipment increase in Q3
The Chinese solar producer also posted net revenues of $492.2 million, up 25% on Q2 and a huge 71.8% rise on last year’s figures.
Westinghouse parent enters administration
Australian renewables developer CBD Energy has entered voluntary administration along with its Australian solar business. The company hopes to announce a restructuring plan next month.
8minutenergy signs 100 MW PPA
US developer’s Springbok project will supply households in LA. Construction of the project is set to start in the first three months of the new year.
China Sunergy financing deal in Turkey
Chinese manufacturer will develop projects of up to 100 MW in Turkey with financing from DenizBank. The Chinese company last month started shipments of its Turkish-made modules to the US.
Capital Stage could double generation portfolio
The German developer has signed a 20-year strategic financing deal with the Gothaer Group. Purchase of solar parks could double Capital’s 313 MW portfolio.
