Markets

The vertically integrated solar company closes US Chapters 15 and 11 bankruptcy proceedings at three of its U.S. subsidiaries, reaches final stages of $700m debt restructuring process.

Origin Energy and Zen Energy Systems are to build a 3 MW solar system on the rooftop of the old Mitsubishi factory in Tonsley, Adelaide, in what will be the largest rooftop solar array in the country.

The German utility has offloaded its solar presence in Italy to local infrastructure fund F2i SGR SpA for an undisclosed amount.

Solar prepares to lift the roof in the UK, SolarEdge prepares to go public, Kaiser Permanente injects a a healthy dose of solar into its daily rounds, and fourth quarter financial reports come pouring in.

The Israeli-headquartered power optimizer specialist filed an S-1 form with the SEC yesterday. Company’s recent growth underpinned by strong U.S. consumer base.

Retaining projects rather than selling them resulted in continued operating losses for the leading U.S. solar company while lower selling prices led to a fall in revenue in its semiconductor materials business.

The German inverter supplier has 840 MW of operational management contracts in North America alone, plans to further expand services in key markets.

Strategy sign of wider reflection of the U.K. solar market’s diversification as it looks to maintain growth in a post-ROC landscape.

The facility will tailor-make system designs for U.S. homeowners in an effort to meet growing residential demand, the company says.

The deal, which further underscores the potential of the U.S. residential solar market, will help Utah-based Suncrest to add seven new sales offices in California as well as 10 more throughout the United States.