Martifer Solar acquires nearly 90 MW of O&M contracts in Italy
The recent addition of Martifer Solar’s Italian contracts solidifies its position as the third largest vertically-integrated O&M player in Europe.
Solarrus acquires MaxGen, expands O&M operations
The alternative energy services company says the inclusion of MaxGen dramatically enhances its asset management capabilities for utility-scale solar clients. Solarrus will now be able to offer services across all project sizes.
Bright Capital, Energy of the Sun invest $300 million in Russian PV plants
Russia’s solar future appears increasingly brighter: A recent solar tender for the construction of projects in the next three years resulted in application submissions for a total of 785 MW of capacity.
UK: £300 million in subsidy support for renewables
The increased budget will be split between the various renewable energy technologies bidding for subsidy support. The country’s Solar Trade Association says the government’s decisions “represent serious tragic mistakes in energy policy.”
Vivint Solar IPO nets US$309 million despite troubled market
Vivint Solar has successfully launched its initial public offering under the symbol VSLR, as ongoing protests in Hong Kong impact global markets. The pricing of the company’s shares came in US$16, the low end of estimates.
NRG moves deeper into U.S. residential solar with Pure Energies acquisition
The energy company plans to fold Pure Energies, which it describes as a leader in the area of web-based customer acquisition, into its NRG Home Solar business. This follows on NRG’s acquisition of Roof Diagnostics Solar in March.
Asian solar boom raises clean energy investment volumes in Q3 2014
Chinese solar represented 22% of all new clean energy investments during Q3 2014, according to Bloomberg New Energy Finance (BNEF). This high level of investment is making up for depressed European solar markets.
Latin American solar markets explode in 2014, 2015
The latest report by GTM Research predicts that 805 MW of solar PV will be installed across the region in 2014, a six-fold increase over 2013. The company forecasts another 2.3 GW of new PV in 2015.
Meyer Burger lands SmartWire Connection Technology deal in US
Florida-based PV panel manufacturer SolarTech Universal has signed a deal with the Swiss engineering group for the delivery and installation of the first fully integrated high-efficiency SmartWire Connection Technology module line in the U.S.
Indian energy minister pledges renewables revolution
Piyush Goyal believes a solar-led transformation of India’s energy landscape is imminent, but warns coal use will also increase as the country expands its grid.
