Vivint Solar eyes 20 new offices in 2015 expansion
The US residential solar company is set to expand across the entire nation with the creation of 20 new sales and operations offices.
Amtech acquires SoLayTec from RENA
U.S.-based Amtech Systems has acquired p-type PERC and n-type technology supplier SoLayTec from RENA. SoLayTec will be brought into the Amtech group through its Dutch subsidiary Tempress Group Holding.
UAE's Masdar begins $50m PV projects in Pacific Islands
Construction has begun on the creation of four solar PV plants in Kiribati, Fiji, Tuvalu and Vanuatu that will deliver 1.8 MW of clean energy to the island countries.
Scatec Solar secures financing for 164 MW of PV projects
The Oslo-headquartered solar developer has closed project financing for a 104 MW PV plant in Utah, US, and a further 60 MW plant in Honduras.
Schmid to supply 200 MW of manufacturing equipment to Russian Federation
German PV equipment supplier Schmid has announced a deal to supply 200 MW of solar manufacturing equipment to Russian manufacturer Solar Systems. The fab will be constructed by Turkeys Pekintas Group and will be located in the special economic zone (SEZ) of Alabuga, Russia.
Motech to merge with Topcell forming 3 GW cell giant
Taiwans Motech has announced its intention to merge with Topcell Solar International (TSi) through a share swap deal worth some TWD 2.05 billion (US$64.5 million). The resultant 3 GW cell manufacturer will operate under the Motech brand and expected to be realized by July 1, 2015.
New Sonnedix and JP Morgan venture to invest 300m in solar PV
J.P. Morgan Asset Management and Sonnedix have set up Sonnedix Power Holdings, a new joint venture platform company, with a 600 MW portfolio expanding in four continents. The venture has been launched as the current oil price slump increases the attractiveness of investments in renewable energy projects.
Utility scale PV to exceed 10 GW in 2014, says Wiki-Solar
In preliminary figures compiled by utility-scale PV tracker Wiki-Solar, in excess of 10 GW of new PV power plant capacity will have been added to grids in 2014. Africa and South America are the latest new arrivals as major geographic drivers of the market.
SunEdison attracts $75m solar funding from JPM
The investment arm of JP Morgan joins TerraForm Power as chief investors in SunEdison’s 60 MW solar fund.
UK Environment Secretary bemoans 'eyesore' solar farms
Liz Truss calls for more solar on rooftops and fewer ground-mount PV plants on agricultural land on eve of CAP subsidy withdrawal.
