Costa Rica's distributed solar back on track with new net metering prices
The country’s solar net metering projects had been on hold for over a year, but a new pricing structure has made distributed solar an attractive investment once again.
D.E. Shaw keen on SunEdison's 148 MW Hawaii solar projects
The New York-based hedge fund keen on “commercially reasonable solution” to re-igniting PPAs for three solar projects, developed in Hawaii by SunEdison, which had their previous PPA contracts canceled by local utility.
Australian Solar Council slams plan to merge ARENA and CEFC
The Guardian Australia reported overnight that the Australian Federal Government is considering a plan to merge the Australian Renewable Energy Agency (ARENA) and the Clean Energy Finance Corporation (CEFC). The reported plan to merge two leading renewable energy bodies has been slammed by the Australian Solar Council (ASC), which say that is “looks, feels and smells like a cost-cutting measure.”
Polysilicon prices on the rise in China, but the US is excluded
A sharp rise in demand for polysilicon in China is leading to a partial price recovery; however US manufacturers are unable to take advantage after losing access to the market, according to market research company IHS.
Vivint Solar closes on $200 million for U.S. residential solar projects
The residential solar installer has entered into a term facility in two tranches, which it says will provide additional flexibility.
Work continues on the biggest PV plant in Belarus
More than 2.5 years after the initial announcement, the state-owned Belarusian oil company Belorusneft proceeds with its plan to build the largest PV farm in the country, with 55 MW of capacity.
10MW PV solar farm being developed in Belize
The development of the project is being overseen by Natcore Technology along with Catalyst565, and will start adding a solar presence to a country with huge renewable energy ambitions.
Reports of SunEdison in debtor-in-possession talks, danger of bankruptcy
The long slide of SunEdisons finances may be nearing bankruptcy, with a financial intelligence firm reporting that the company is in debtor-in-possession talks.
SolarCity continues streak of aggressively raising capital
The largest U.S. residential solar installer has closed on a US$131 million tax equity project fund, as well as issuing $105 million in bonds.
Initial contract awarded to Queensland solar farm that would become Australias largest
Origin Energy has awarded an Early Contractor Involvement (ECI) contract to engineering and infrastructure company RCR Tomlinson Ltd for a 200 MW farm, however the project still needs to secure grant funding from ARENA and pass a final investment decision.
