Affordable Solar, Sunnova launch leasing program in New Mexico
Affordable Solar and Sunnova Energy Corp. are offering residents of New Mexico a new solar panel leasing program that promises fixed, long-term rates and lower prices than current electricity costs.
Georgia Power hauled over coals for lack of solar
Solar power advocates in the U.S. state of Georgia are pressuring the Georgia Power utility to expand its use of solar energy.
SunPower plans to sell US$300 million of convertible debentures
The California photovoltaic manufacturer has plans to sell debenture bonds worth $300 million.
Suntech reaches deal with bondholders
Suntech Power Holdings Co., Ltd. announced on Wednesday that it had agreed on a new forbearance deal with the majority of holders of its convertible notes.
EU to see PV price hike following AD on Chinese imports
The European Commissions plan to slap Chinese PV modules with punitive anti-dumping duties could lead to a 45% surge in the average pricing for Chinese-manufactured products, result in yield reductions on some solar projects to below 7% and cost Europe some 2 GW of new solar installations, according to a report by market research group IHS.
SoloPower confirms reductions, searches for investor
U.S.-based flexible CIGS manufacturer SoloPower has confirmed that it is scaling back its operations, as it searches for a strategic investor.
California: New group formed to defend net metering
A coalition of solar companies and physicians has been formed in California, to push back against utility company attempts to wind back net metering for solar customers.
Clean Power Finance raises $37 million "C Round" finance
While solar startups may struggle to raise venture capital funding at present, Californias Clean Power Finance (CPF) has managed to raise US$37 million in “growth equity” from new and existing investors. Notably, Edison International has purchased a share in the company.
Germany: 970 million surplus for EEG levy in March
In Germany, the EEG levy received a record surplus of around 970 million (US$ 1,263 million) last March, thus reducing significantly the accumulated deficit to around 450 million (US$ 586 million).
Aleo solar posts 77 million loss
German photovoltaic manufacturer aleo solar has announced a 77 million loss in its 2012 full-year financials, released today. The loss is more than double the 30.5 million the company lost in 2011.
