African Development Bank leads on $1.34bn loan for South Africa's electricity future
The funds, with the bulk drawn from nine commercial banks, will be steered towards utility Eskom to augment its electricity infrastructure, support renewable policies, and boost generation to neighboring countries.
Chinese wind firm Goldwind to build 20 MW solar plant in Australia
Chinese wind power group Goldwind has secured approval to develop a 20MW (AC) solar project in Australia.
Solar Frontier Americas breaks ground on 107 MW of solar projects
The U.S. subsidiary of the Japanese CIS solar specialist has seen construction begin on two large-scale U.S. solar projects in California’s Imperial County.
Solar becoming irreversible mainstream energy source, says Frost & Sullivan
The analysts point to technological efficiency improvements, cost reduction and leading nations’ readiness to adopt solar as reasons behind irreversible surge to the mainstream.
D.E. Shaw offers $80m for SunEdison's stake in 150 MW Californian solar plant
The hedge fund has confirmed the offer to purchase a controlling interest in the Mt. Signal 2 project, which is part-owned by bankrupt U.S. renewable energy developer SunEdison.
Germany: First 15 MW Steag storage system complete
Located in Lünen, the first of six large-scale storage projects has now been installed and has begun its test run. The project aims to install 90 MW of lithium-ion storage capacity across Germany by next year.
Bank of China raises $3bn in green bonds for clean energy
Bank of China has raised approximately $3.03bn via a multi-currency green bond issuance that wrapped up earlier this week, in a transaction the lender says will provide financing to PV projects throughout the world.
Singulus receives order from Russian firm Hevel for heterojunction cell production tool
The German manufacturer of production equipment for solar PV signs contract for delivery of its SILEX II processing machine for wet-chemical treatment of heterojunction solar cells.
The pv magazine weekly news digest
Another seven days of solar brings a call from SolarPower Europe for the EU to end trade duties on Chinese components, the unveiling of Hanergy’s zero charge EVs, and the first shoots of Nigeria’s solar market.
UK: Brexit clean energy turmoil continues
The annual event of the U.K.’s All-Party Parliamentary Group for Renewable and Sustainable Energy (PRASEG) that took place this week in London depicted the turbulent phase the U.K. economy in general and the British clean energy sectors specifically have entered. Innovative business models are the first to suffer, the event suggested.
