Yingli creates JV for 150 MW West African solar projects
Partnership with Namene Energy aims to develop 100 MW of utility-scale solar and 50 MW of commercial solar in Ghana and neighboring countries over next few years.
Brazil: Key tax exemption for net metering implemented in several states
An exemption from the ICMS tax for net-metered solar PV systems began on September 1 in several Brazilian states. This tax has been a key barrier to the development of distributed renewable energy.
Renew Financial completes US$50 million securitization of PACE bonds
This is the company’s first securitization, but is part of a trend of securitization of PACE bonds as a means to drive down the cost of capital.
United PV posts H1 revenue increase of 125%, profit decrease of 26%
Chinese solar firm reports revenue for first six months of the year of $44 million, but profits decrease 26% to $40 million compared to the same period in 2014.
Aqualis to acquire 49.9% stake in Adler Solar
Engineering consultancy group signs MoU to purchase large stake in German solar service provider for sum of around $3.4 million; has option for further 10% stake at future date.
Hanwha Q Cells adds 45.2 MW to its UK solar footprint
South Korean solar firm secures two large-scale solar farms in the U.K.; agrees 15-year power purchase agreement with EDF Energy.
U.S. IRS allows community solar owner to access the ITC
A recent ruling by the tax authority could clear up an area of legal uncertainty as to whether or not owners in community solar arrays can access the 30% federal tax credit.
SolarCity creates new US$400 million solar fund
With this latest endeavor, the financial wizards at SolarCity have now initiated funds to finance over $9 billion in solar PV projects.
From the Mag: A selection of stories from the September issue
For September, pv magazine has examined the latest trends in BOS, where 1,500 V components are beginning to make their mark. This month’s issue also looks at the looming ITC phase down and the returning demand for PERC equipment.
Japan's solar shipments fall 13% in Q1, reports JPEA
The Japan Photovoltaic Energy Association (JPEA) has reported that shipments of solar panels in Japan fell 13% in the first quarter of the year; first year-on-year decline since Q3 2012.
