Markets

The project will enable four major hotels to generate 100% of their electric power needs from solar energy.

The company follows Goldman Sachs Group, which has been arranging solar bonds in the country since 2013, financing 16 solar projects to date. Renewable energy generation is expected to double its overall share in the next 15 years.

Local developers at the Solar Energy U.K. trade fair are feeling the heat as the British government winds down its solar incentives. Industry insiders predict a wave of consolidation as the U.K.’s solar pie continues to shrink.

Crowdfunding is not new to the company, which last year raised some $1.6 million for a 1 MW solar plant in Shenzhen, marking the first crowdfunding effort for a PV project in China.

British solar firm to begin construction of solar array in December, having secured planning permission last month.

The Spanish company has gained a foothold in the PV operation and maintenance market in Honduras and Uruguay while also winning new contracts in the U.K. and Panama, solidifying its position as a leading O&M player around the globe.

The French-headquartered tracker developer announces launch of Exosun Brazil, a JV between Exosun SAS and Ecoluz Part. SA; company will focus on the growing opportunities in Brazilian market.

The price cap of 381 Reals is higher than that in August’s solar auction. More than 20 GW of solar projects have pre-registered for bidding.

The price cap of 381 Reales is higher than that in August’s solar auction. More than 20 GW of projects have pre-registered for bidding.

The nation has again raised its targets for PV deployment, with a goal to install 20 GW annually from 2016 through 2020.