Trading begins for SunEdison yieldco
Gross proceeds of at least US$500 million are expected from TerraForm Power’s IPO. The company has an initial portfolio of 808 MW of solar PV projects in three continents.
Bank of Philippines funds ThomasLloyd solar joint venture
The financing agreement is seen as key to helping San Carlos Solar Energy deliver a larger portfolio of projects to meet the Philippines’ growing needs for daytime power and to reduce its reliance on fossil fuels.
Solar-powered benches rolled out in Boston, US
Created by startup Changing Environments, the Soofa is a solar-powered park bench that allows users to charge their mobile devices while resting.
Industry welcomes Indian budget
The Indian solar industry was broadly positive after India’s new government outlined its spending plans. Tax measures to boost manufacturing could hint at a pending imposition of AD duties on imports.
Pakistan approves feasibility study for solar project
Nawaz Sharif’s government is considering three more feasibility studies after 24 letters of intent for solar schemes were issued. Sharif’s rural electrification program is continuing apace.
Mosaic launches solar loan, O&M service
Solar crowdfunder Mosaic has launched a solar loan coupled with operations and maintenance (O&M) for residential PV arrays. The new product is being offered in partnership with microinverter manufacturer Enphase Energy.
Corporate funding in global solar sector reaches $6.3 billion in second quarter
Solar funding in the period included $432 Million in venture capital and $1.3 billion in third-party funds, according to a new report by Mercom Capital Group.
Petition urges UK government to give solar 'one more push'
More than 150 businesses have signed a letter calling for U.K. Prime Minister David Cameron to back solar; letter will be presented to Downing Street today.
NextEra closes on IPO for yieldco
This move makes NextEra the latest in a series of companies that have created yieldco ownership vehicles for solar plants and other energy assets.
Inteco, RE-Pro partner on 135 MW of renewable projects in Europe
Russian businesswoman Yelena Baturina’s Austrian company may invest more than $27 million in green energy projects, including solar farms in southern Europe.
