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Markets & Policy

Greenskies finalizes finance for $165m US solar projects

The Connecticut-based solar integrator has closed a $165 million financial package with First Niagara Financial Group for the development of 127 solar projects in 12 U.S. states.

Interview: Germany's second PV tender round

Berlin lawyer, Margarete von Oppen has been closely involved with the first two pilot tenders for ground-mounted PV systems in Germany. For von Oppen, it is clear the pay-as-bid system is appropriate in the quest to promote sustainable PV projects. With regards to the now set uniform pricing method, there have been some project developers who have submitted unrealistically low prices, she says.

Official NYSE-delisting notice for Yingli

Yingli Green Energy has received an official notice from NYSE stating that the company was not in compliance with the stock exchange’s price criteria.

US Navy to sign its largest solar PPA at 150 MW-AC

Sempra’s Mesquite Solar 3 will provide a third of the power for 14 military bases in California. This is the largest renewable energy purchase by a division of the U.S. federal government to date.

Brazilian state signs contract for 50 MW of solar PV

The state of Pernambuco has signed its second solar PPA with developers, this time for a 50 MW PV project. The state has given Kroma Energia and Cone a year and a half to build the plant.

Arizona to consider additional charges on solar outside of APS rate case

On Tuesday, Arizona regulators agreed to a request by utility Arizona Public Service to open proceedings, which will consider additional charges on their customers who install solar PV.

SunEdison forms $1 billion investment vehicle with Goldman Sachs

SunEdison has formed a US$1 billion warehouse investment vehicle with investment funds managed by Goldman Sachs. There is the possibility to expand this to $2 billion. If exercised, this would bring the renewable energy giant’s total warehouse platforms to $4 billion.

SunPower's Mexicali fab earns Landfill-Free verification

Recognition awarded for the U.S. solar company’s PV module production facility in Mexico, which demonstrates that 99% of waste generated is diverted from landfills.

Trina ups FY shipping guidance on back of 'strongest ever quarter'

Trina Solar has recorded its “strongest ever” quarter, having achieved record results in Q2 2015. On the back of this, the Chinese solar company has upped its FY shipping guidance to 4.9 to 5.1 GW. It has also announced increased manufacturing capacities.

Turkish investor acquires Solarion

Turkish company, OC3 AG has acquired Solarion AG, thus marking the second time the German photovoltaic manufacturer has been successfully rescued from the brink of insolvency. Solarion’s Leipzig base is to be retained, as are all its employees.

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