Solar tracker manufacturer NEXTracker has said it is expanding its manufacturing presence in Brazil to capitalise on the expected PV project boom in the Latin American country.
Wells Fargo and Barclays have signed financing facility agreements with Trina Solar’s subsidiaries in the US and Singapore, worth a total of US$90 million.
US solar installer Vivint Solar reported both bookings and installations in the third quarter of 2015 below the prior quarter, indicating growth has stalled in the last six months. Major renewable energy provider SunEdison is in the process of acquiring the company.
Flexible CIGS thin-film consumer product producer Ascent Solar Technologies reported lower than expected third quarter sales, while reducing full-year revenue guidance on liquidity constraints in the quarter.
The International Renewable Energy Agency (IRENA) and the Abu Dhabi Fund for Development (ADFD) are seeking applications to fund renewable energy projects in developing countries through concessionary loans.
Solar prices in India could be substantially lower than coal by 2020, helping the technology become a major part of the country’s energy mix, according to a report by international consultancy firm KPMG.
US analysis firm GTM Research has published the latest commentary to highlight significant potential in Australia for energy storage, driven by the success of its PV industry.
German manufacturer SolarWorld has said delays implementing planned capacity expansions and new production technologies will impact on its 2015 earnings.
Negotiators are facing calls to reach a swift resolution to ongoing talks aimed at establishing a new global trade agreement for environmental goods such as solar cells and modules.
