JinkoSolar US signs $20 million credit deal with Wells Fargo
The agreement strengthens the company’s financial position not only in the U.S. but globally as well, according to CFO Charlie Cao.
ACME to develop 110 MW of solar in India
The leading Indian solar company is investing nearly $150 million in new projects in the states of Telangana and Chhattisgarh.
Canadian Solar posts record third-quarter results
The company is on-track to deliver the best year in its history in terms of revenue, profitability and megawatt shipment, according to Chairman and CEO Shawn Qu.
Despite hefty losses, Vivint Solar remains on track to double installed capacity in 2014
The Utah-based company booked some 62 MW in the quarter, up 206% year-over-year, and installed about 49 MW — an increase of 196% while its cumulative installed megawatts reached approximately 178 MW at the end of September.
Canary Islands: Oil or PV?
Despite escalating local opposition, oil giant Repsol is planning to commence deepwater drilling off Spain’s Canary Islands in search of petroleum. The sun-drenched Canary and Balearics Islands are Spain’s lost solar PV case.
Scatec Solar secures $100 million in financing for solar plants in Jordan
The Norwegian company and its Jordanian partners will receiving funding from the EBRD and France’s Proparco for the planned 43 MW of projects.
America's Ex-Im bank supports renewables exports
The Washington lender has given $200m of financing support to renewables exports this year. The Ex-Im has supported the industry to the tune of almost $2bn since 2009.
Solar supplies just 50 MW of SCE's 2.2 GW of new energy
Latest power generation contracts illustrate just how far solar is lagging the ‘dash for gas’ Stateside. But utility commissioned five times its mandated amount of energy from storage.
SunEdison pipeline grows to 4.5 GW in third quarter as sales, losses grow
At the end of the third quarter, SunEdison had 610 MW of its pipeline under construction compared to 475 MW at the end of the second quarter and 558 MW at the end of Q3 2013.
SMA: Net loss grows in first nine months amidst declining orders
The leading inverter manufacturer attributed declining sales to project delays in key foreign markets and a sharp drop in European demand due to lower subsidies.
