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Markets & Policy

Phoenix Solar bounces back in 2015

The troubled German PV builder tripled revenues and installations in 2015, and posted its highest backlog to date.

SEC investigating alleged SunEdison liquidity claims

According to the Wall Street Journal, the Securities and Exchange Commission doubts SunEdison’s claims that its $1.4 billion in cash is readily available, and is investigating how much cash the company had to hand in August when certain claims were made.

Lightsource grows UK O&M portfolio by 28 MW

The British solar developer augments its 1.1 GW managed solar portfolio with three third-party solar O&M projects from U.S. developer sPower; three projects are all located in west Wales and combined total 28.45 MW.

Panasonic reaches halfway mark in solar lanterns project to light areas without electricity

Over 50,000 solar lanterns have been donated to rural communities in 16 countries as part of Panasonic’s 100 Thousand Solar Lanterns Project, which hopes to double that number by 2018.

Oman to support rooftop solar, power potential estimated at 1.4GW

Oil-rich Middle Easter country Oman is encouraging its citizens to go solar. Potential power capacity for residential PV in the country can reach up to 1.4 GW, a study estimates.

China aiming for $46bn green bonds market in 2016

Although China’s green bond scheme only began in 2015, the country is already planning a huge expansion of its green bond market in 2016 and in the years of its 13th Five-Year Plan. Chief economist of Research Bureau of People’s Bank of China (PBoC), Mr. Ma Jun, said that he expects China to issue green bonds in the value of RMB300bn ($46bn) by the end of 2016.

Brit by Brit: First UK home welcomes Tesla Powerwall + StorEdge storage solution

House in southeast county of Essex installed with 7.2 kW Tesla Powerwall as part of SolarEdge’s StorEdge retrofit solution for existing rooftop solar array.

First Solar reached 1 GW of sales in India

1 GW of PV capacity shipped to India makes First Solar the first thin film manufacturer to achieve this milestone in the country.

Trina Solar begins module production in Thailand

The world’s largest PV maker has also signed $143 million in financing agreements for the factory in Rayong, Thailand.

Abengoa given seven-month extension to agree on debt restructuring

Creditors of the Spanish renewable energy giant have agreed upon a seven-month grace period to allow the company to approve a restructuring of its debt, and avoid immediate bankruptcy.

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