United PV forms investment tie-up
Wholly owned group subsidiary Zhaolian Lvyi has agreed to set up a partnership with China Zheyin Synergy Capital Management to invest in companies that are building solar, wind, hydropower and biomass projects.
Longi’s solar module embrace supercharges its 2016 profit and revenue
The Chinese solar company’s new module business underpins strong 12 months for the firm, with revenues rising 94% year-on-year and net profit soaring by 197% over the same period.
Tesla to issue US$1 billion stock & convertible bond offering
The EV, solar and battery company has filed to issue $750 million in convertible notes, and another one million shares of stock in advance of its Model 3 roll-out.
Engie issues €1.5 billion green bond, eyes Belgian residential PV segment
The French energy giant has issued its second green bond to sustain its expansion into the renewable energy sector. The €1.5 billion bond will also be used to finance solar projects. Meanwhile, the company has started to target the Belgian commercial PV market.
Brasil’s BNDES finances renewable energy projects for isolated systems in Amazonas
Projects selected in an upcoming auction will have access to a financing scheme of the Climate Fund (Fundo Clima) managed by BNDES
SunPower signs supply deal for 125 MW of P-Series modules
The supply deal with NextEra Energy Resources signals a radical shift in strategy for the struggling manufacturer and is the first major test of its novel module design.
EDF to deploy 23.7 MW of solar in France, creates storage unit in North America
The French energy giant keeps expanding into the renewable energy business. Its France-based unit EDF Energies Nouvelles will build PV plants totaling 23.7 MW, while its US division EDF EN has created a new subsidiary for distributed solar and storage projects up to 30 MW.
EBRD commits €300 million to Greece’s renewables
The European Bank for Reconstruction and Development (EBRD) has announced a framework committing up to €300 million of new financing for Greece’s renewable energy sector. The timing is crucial, since the Greek electricity sector is expected to undergo fundamental changes very soon.
“We should work all together for the future of energy”
Interview: SolarPower Europe has appointed Wacker Chemie’s Christian Westermeier as new president. pv magazine spoke with the outgoing president Oliver Schäfer about the reasons behind his unexpected resignation and the future of PV and the energy market in Europe.
Hanwha Q Cells and Adler Solar sign 25 MW repowering deal
The South Korean solar firm will supply its Q.Plus modules to German services provider Adler Solar to install at older solar sites in need of upgrade and repowering. The option remains open for Adler to upgrade the supply deal to 30 MW.
