Deployment of 1-5MW solar systems in Brazil is forecast to more than triple in 2016, after new net-metering proposals, according to a leading analyst on the Latin America region.
TerraForm Global, a subsidiary of PV project developer SunEdison, has priced its initial public offering (IPO) of 45 million shares of its Class A common stock at US$15 per share, which represents US$675 million in gross proceeds.
The Brazilian Association of Photovoltaic Solar Energy (Absolar) has signed an agreement with the Brazilian Agency for Export and Investment Promotion (Apex-Brazil) to partner on attracting more foreign investment into the domestic solar industry.
There were 1.2GW of US residential solar installations last year, of which 72% was third-party owned (TPO) through leases and power purchase agreements (PPAs), according to a GTM research study.
Israel-based PV developer Arava Power Company and EDF Energies Nouvelles Israel, a subsidiary of renewables company EDF Energies Nouvelles, have commissioned the 40MW Ketura Solar plant in Israel.
The largest US PV installer, SolarCity, reported continued installation and revenue increase in the second quarter of 2015, backed by increasing pre-booked customers.
Tier-one PV manufacturer and PVEP (Photovoltaics Energy Provider) SunPower is to launch its ‘X-Series’ modules using its next-generation ‘Maxeon’ solar cells with 21.2% nameplate module efficiency and 345W performance configuration in Japan.
Microinverter firm Enphase Energy and dedicated residential PV company Sunrun have signed an agreement for Enphase to supply solar energy systems to Sunrun for its household PV installations.
Argentina, one of the underperformers in Latin America’s quickly rising solar energy industry so far, could get a 20MW PV plant built on government land.
