Abraaj Group, Aditya Birla partner on solar in India
The global equity investor and the Indian multinational are looking to develop a gigawatt-scale solar energy platform in the country.
SkyPower agrees $1bn deal to build 500 MW of solar in Panama
Canadian solar developer announces another large-scale solar agreement, this time with Panama President Juan Carlos Varela, to develop 500 MW of solar power over the next five years.
Chorus IPO brings in $112.5 million
The solar and wind operator will invest proceeds, which could reach $134 million if an over-allotment option is exercised, in further growth.
Australia drops anti-dumping case against Chinese solar firms
Australian Anti-Dumping Commission recommended the investigation be terminated in April having found only negligible injury or hindrance caused to the Australian PV industry.
SunEdison to halt transfer of assets to yieldcos
Citing market dislocation, SunEdison has announced short-term changes to its operating plan. This includes a plan to hold more projects in warehouses instead of moving them into the company’s two yieldcos.
REC to offer bid in Dubai's 800 MW solar park tender
The Oslo-based PV manufacturer company says that REC solar panels are tough and reliable enough to withstand the heat and sandstorms that exist in Dubai.
Solar funding rises in Q3 despite dismal stock prices
Mercom Capital’s latest quarterly report shows the volume of VC funding and debt financing rising during Q3, while public market financing fell.
1366 chooses New York to build its first commercial-scale wafer facility
After years of delays, 1366 Technologies has announced plans to break ground on the factory to produce its proprietary Direct Wafers no later than the second quarter of 2016.
Update: SunEdison to cut 15% of global workforce
Following rumors, SunEdison Inc. has confirmed it will be cutting a significant portion of its global workforce. Around 15% of its 7,300 workers will go. Charges of up to US$40 million will be incurred in Q3 2015 and Q1 2016.
LCOE for renewables decreases, fossil fuels see increase
The generating cost comparison between renewable energies and fossil fuels is narrowing, with 2015 recording a “significant shift,” says BNEF. Overall, levelised costs of electricity (LCOEs) for renewable energies are decreasing, while those for fossil fuels are increasing.
