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Financial & Legal Affairs

Spruce’s solar portfolio is collateral for $105.4 million in debt financing

The deal, financed by Investec and Silicon Valley Bank, will be fund more systems around the country for the residential solar financier.

Sonnedix Completes EUR 197 million refinance in Italy

Independent solar power producers Sonnedix have announced a non-recourse refinancing worth EUR 197.1 million, for its 66 MW portfolio of pv plants in Italy.

BNEF: Solar beats wind on CAPEX in the developing world

The company’s latest Climatescope report also finds that more renewable energy is being built in developing nations than in developed ones.

Lazard: Solar PV, storage costs fall in 2016

The financial advisory finds that costs from solar are falling faster than other energy sources, and is additionally documenting steep falls in storage costs.

Suntech opens European branch

The Chinese solar maker basing its European operations somewhere in Germany.

20 MW-AC PV plant goes online in Australia’s outback

This is the largest PV plant to go online in Queensland to date, and was completed two months early.

Bill Gates’ energy innovation fund commits to $1 billion in investment

The Breakthrough Energy Coalition is backing research on low- and zero-carbon technologies; however, their guidelines show a lack of understanding of solar technology and market development.


Spain to auction 3 GW of renewables in the first half of 2017

The government of Spain has announced details of the next auction for renewable energy projects which it will launch in coming weeks and which will be open to multiple renewable energy technologies.

Denmark awards 21.6 MW of PV capacity at very low price

The winning bids announced by the Danish Energy Agency came it at a premium of only EUR 0.017 per kilowatt-hour. No projects in Germany bid in.

Trump witch hunt questionnaire suggests attacks on renewable energy & staff

U.S. Senator Edward Markey (D-Ma) has condemned the questionnaire, and the Office of Energy Efficiency and Renewable Energy has been called up for a Monday meeting.

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