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Sungevity to go public through acquisition by asset management firm

The fifth-largest distributed solar installer in the United States will now be traded on the NASDAQ, which is expected to give it a capitalization of $607 million.

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Sunrun increases rooftop solar credit facility to $245m

The U.S. residential solar company has secured an additional $40 million in working capital from investors to support the expansion of its rooftop solar projects, especially the New York market.

ABB to close Phoenix inverter fab, move jobs to Estonia and Italy

The Swiss power electronics firm will end manufacturing operations at the U.S. site, shifting an undisclosed number of jobs to Estonia and Italy later this year. Some sales and service staff will be retained in Phoenix.

SunEdison appoints new CFO as incumbent departs after just two months

The troubled and bankrupt renewable energy firm announces the appointment of Philip Gund as its new chief financial officer a week after CEO Ahmad Chatila resigned.

SunPower, First Solar and SunEdison cornered 44% of North American O&M market in 2015: IHS

Analysis by IHS reveals how the three solar firms captured almost half of the operations and maintenance market last year, which grew to more than $300 million.

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Masdar and EDF pin hopes on new record low tariff for 350 MW Abu Dhabi solar plant

Days after the Abu Dhabi-based clean energy developer won a tender to develop 800 MW of solar in Dubai, the company has teamed with France’s EDF to bid for a 350 MW plant in Abu Dhabi.

Dow Elastomers expects rise in demand for new encapsulant materials

Video: Michael Shoemaker, Global Strategic Marketing Manager for The Dow Chemical Company, talks encapsulants with pv magazine’s Ian Clover, highlighting what technological advancements Dow Elastomers is bringing to the market.

China's Shinetime withdrawn from EU MIP undertaking

Commission finds that the Chinese solar firm breached the Minimum Import Price agreement by allegedly selling below the set MIP level.

North American leaders to set out target of 50% "clean" electricity by 2025

Obama, Trudeau and Peña Nieto will be presenting the target, which will include nuclear and carbon capture and storage, at a summit of the three leaders.

Brazil postpones the July solar auction

Authorities have not given a new date for the auction scheduled for July 29, in which 9 GW of PV projects are participating. The sector attributes the postponement to the change in government, and while it acknowledges a risk, does not expect the auction to be cancelled.

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