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Financial & Legal Affairs

Bangladesh receives $78 million from World Bank for solar home system project

Government signs financing deal to develop its Rural Electrification and Renewable Energy Development II project, which aims to install 480,000 solar home systems.

SunEdison acquires 50% of Silver Ridge Power in $179 million deal

The U.S. solar company has finalized the deal for the subsidiary of The AES Corporation, immediately adding 336 MW of PV capacity to its portfolio.

French institute recognizes Hanwha Q CELLS' low carbon solar modules

Solstyce analyzed various data of Q CELLS’ cell and module production and found that the products consumed less than 400 kg of C02 per kWp, making them eligible for public tender in France.

SolarWorld calls for US probe of alleged Chinese spy attack

The company has requested that U.S. authorities investigate the effects of the alleged cyber-hacking and interception of thousands of its emails containing secret financial, production, R&D and trade litigation details.

Smartenergy positioned to ramp up c-Si module production

The German PV manufacturer will increase manufacturing capacity at its Luckenwalde fab to 120 MW as it targets utility markets.

Indian state of West Bengal plans 250 MW mega PV plant

India’s Ministry of New and Renewable Energy hopes to secure permission next week for the $365 million project, which will be located near the Purulia Pumping Storage Project.

Windiga Energy plans inaugural PV plant for Burkina Faso

The Canadian renewable energy company plans to construct a 20 MW solar plant in the African nation, having signed an investment support agreement with its government.

ZNShine Solar signs $680 million PV deal as UK-China bond strengthens

During the visit of Chinese Premier Li Keqiang to the UK to meet British Prime Minister David Cameron, China’s ZNShine Solar secured a $680 million deal with UK’s MAP Environmental.

UK solar power generation increases 77% in 12 months

While the U.K.’s main energy companies are accused of profiteering, solar has assumed a larger role in the country’s energy landscape despite impending subsidy cuts.

US: 2014 to be peak year for solar leasing model, says GTM Research

Having outpaced the overall U.S. PV market for the first time, growth in the residential solar sector is being spurred by the solar leasing model, with 2014 likely to be the pinnacle. Solar loans will drive direct ownership from 2015 onwards.

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