8minutenergy & D.E. Shaw put 155 MW-AC solar project online at under $59/MWh
This is one of the lower PPAs reported for solar projects in service in the United States; however PPAs are now being signed for much lower prices.
Global solar market on course for 10th consecutive year of growth, says IHS Markit
Analyst’s quarterly data shows 2016 will deliver 34% year-on-year growth rate as Chinese demand fuels another strong 12 months for the industry, with annual installed capacity to reach 77 GW.
Canadian Solar secures GBP 49.3m to refinance 50 MW UK solar portfolio
Chinese solar plant developer secures sizable non-recourse term loan facility to refinance 50 MW of solar PV parks in the U.K. Finance supplied by British bank NatWest.
Scatec Solar welcomes Africa50 as investor in 100 MW Nigerian solar project
The Norwegian solar park developer signs joint development agreement with Africa50, an African infrastructure fund that is sponsored by the African Development Bank, to bring funding and support to the 100 MW Nova Scotia solar park.
Meyer Burger follow-on offering 99.9% subscribed
The company has raised EUR 153 million through the offering, which should allow it to repay a bond due 2017.
Trina Solar sets new 22.61% mono PERC efficiency record
The Chinese Tier 1 solar developer announces a new conversion efficiency for its mono-crystalline silicon PERC cell that surpasses its previous world record by a full half-percentage point.
UK: CNBM inks GBP 2.5bn deal to build thousands of solar homes
Joint venture including China National Building Material Company and British renewable energy specialists WElink will see the creation of six prefab home factories over next five years in deal that will deliver huge boost to the U.K.’s BIPV sector.
Panasonic to supply PV modules to Tesla from Japan, Malaysia
The collaboration between the two companies is moving beyond Panasonic running the Tesla/SolarCity gigafactory, and will enable Panasonic to re-open a factory in Japan.
TerraForm Power expects to break even in 2017
In a conference call the yieldco says that sale of 376 MW of solar projects in the UK is at an advanced stage, and gave additional information on financial metrics.
Trina Solar shareholders approve deal to go private
Chinese tier 1 solar manufacturer Trina Solar looks all set to become a private company, after its shareholders approved a merger with Fortune Solar and Red Vibumum, which will see it become Fortune’s subsidiary and, thus, a private company.
