SunPower raises $400 million in debenture offer
The California-based company plans to use net proceeds for general corporate purposes, including pursuing its HoldCo and YieldCo strategies, capital expenditures, lowering debt and potential acquisitions.
Meyer Burger's heterojunction projects on the rise
The Swiss engineering group has announced its second heterojunction-based module installation this year. A number of the company’s customers have also commissioned heterojunction cell production lines.
Meyer Burger considers solar module factory in Brazilian state of Piaui
The equipment manufacturer discussed details of an agreement with the government of Piaui for a solar factory.
460 MW of solar PV pre-approved in Russian solicitation
Projects are expected to be awarded in the next few weeks under the third annual auction for renewables. However, little PV has been built in Russia to date.
Brazil launches incentive program for distributed generation
Including tax incentives for installations, the program contemplates the sale of surplus electricity on the wholesale market and provides BNDES funding for initiatives. The government expects up to 23.5 GW of installations, mostly solar PV, by 2030.
GTM Research: ITC extension would grow the U.S. solar market 54% through 2020
An analysis by GTM Research shows that an additional 25 GW of solar PV will be installed in the U.S. over the next five years if the ITC is extended via the current spending bill in Congress.
Paris deal: Great for renewables, and a $46 trillion hit to fossil fuels
The fossil fuel industry is facing a US$33 trillion hit to its expected revenues over the next 20 years, following the dramatic and unexpected result of the Paris climate change conference last weekend. RenewEconomy reports.
AEP agrees to build 400 MW of solar in Ohio over the next four years
As the result of a settlement with the Sierra Club, Ohio may be installing far more solar than has been put online in neighboring states. The agreement is pending regulatory approval.
California regulators propose to keep solar net metering, with modifications
In a proposed decision, CPUC has called for the basic aspects of net metering to be maintained after 2017, along with a small interconnection charge, a move to time-of-use rates and other tweaks.
COP21: Paris climate agreement a watershed moment, says Irena
Agreement among nearly 200 countries to hold temperature increase to below 1.5C hailed as a progressive step by Irena, but green groups say aspirations are meaningless unless appropriate measures put in place.
