Markets

The yieldco says that proceeds will be used to repay current borrowings, and may use the remainder to fund “acquisitions and investments”.

The environmental group’s latest report looks at 10 communities in the United States that are moving to 100% renewable energy.

Unpublished report by U.K. government calculates cost of large-scale solar to be around GBP 50-75/MWh by 2025, less than nuclear at GBP 85-125/MWh.

The German PV and polysilicon equipment supplier increases sales in its PV and semiconductor sector to EUR 42 million over the first half of the year, reveals new orders of EUR 85.4 million.

The German high-tech equipment manufacturer posts negative EBITDA of EUR -4.5 million following unexpected order stop from a major customer in its storage segment. Company expects revenue to pick up again for Q3.

The International Renewable Energy Agency has added a new feature to its Global Atlas that it hopes will accelerate growth in the renewable energy sector worldwide by providing more detailed resource data in an effort to facilitate easier entry into new markets. The agency is working with Finnish measurement group Vaisala, which is making the information available.

The Spanish renewable energy group may have won a new lease on life, but it still has to convince other shareholders to accept the deal, which would mean suffering a severe haircut.

Industry analysts note that the market for residential BIPV in the United States is “non-existent” at present, and SolarCity’s plans to use crystalline silicon are a new direction.

The case was closely watched as a precedent for future rate cases in Arizona.

The Texas inverter maker blamed the drop in sales on delays in California’s incentive program and expects business to pick up in the second half of 2016 now that the problem has been resolved.