The U.K. investment company has announced that it is putting 28.2 million shares up for sale in an attempt to raise GBP 28.9 million (USD 38.5 million) for investment in an attractive 200 MW solar pipeline that it has identified.
The established partners enter a new phase of their cooperation, as Jinko Solar is using Heraeus Photovoltaics front-side silver paste on its new high-efficiency solar cells.
India on course to add 4.8 GW of new solar power capacity in 2016, forecasts Mercom Capital Group. Project pipeline rises to 21 GW as low module ASPs from Chinese suppliers bolster developers.
After a short uptick in installations in June, Germany has recorded another weak month for solar PV installations. The Federal Network Agency has reported that on 81.6 MW were installed for the month.
Official government figures show solar installations have dropped sharply since March peak, limping in at just 16 MW in July. Ministers point to previous growth as success, seem blind to downward trend.
Commercial operation has begun on the solar plant south of Amman, taking Scatec Solars production capacity in the kingdom to 43 MW.
BayWa renewable energy has entered the Australian solar market through the acquisition of local wholesaler and developer Solarmatrix. BayWa r.e. said the move is a continuation of its expansion into the southern hemisphere.
More storage movement as RWE moves to acquire Belectric and Enphase launches its AC battery in Australia and New Zealand. SolarCity-Tesla and GCL-SunEdison also make the news turn this week.
Failures in residential solar systems can be the bane of an installer, who is often paid merely to install the system, not necessarily to back the various component warranties.
A Securities and Exchange Commission (SEC) filing by Tesla on Wednesday revealed that the investment bank that advised SolarCity on its sale to Tesla, Lazard Ltd, double-counted some of the companys projected indebtedness, resulting in a $400 million undervaluation.
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