The second-largest Silicon Module Super League (SMSL) member, Canadian Solar has secured US$70 million in loans and equity investment from the International Finance Corporation to support its previously announced plans to establish a 300MW module assembly plant in Vietnam and production plants elsewhere, such as Brazil.
Leading PV inverter manufacturer SMA Solar Technology has guided 2016 revenue to be flat with the prior year as key global markets continue to be price sensitive, driven by utility-scale PV market sectors.
In a narrow 3-to-2 vote, the California Public Utilities Commission (CPUC) made the motion to extend net metering for rooftop solar in the Golden State.
UN secretary-general Ban Ki-moon has told a meeting of investors representing US$22 trillion in assets that they must double their investment in clean energy.
Wells Fargo and 8point3 Energy Partners — the yieldco company formed by SunPower and First Solar — has announced that a joint venture between the two companies has acquired 22MW of SunPower PV systems under constitution at 27 Kern High School District locations in Kern Country, California.
Distributed generation connections in Brazil, which are dominated by solar technology, grew 308% in 2015, according to new figures released by Brazil’s energy regulator the National Electric Energy Agency (ANEEL).
Dutch specialist sun simulator equipment provider Eternal Sun has purchased the PV volume production equipment sun simulator business unit of struggling US-based Spire Corp for US$1.5 million.
SolarCity has produced commercials that “reframe” the debate between fossil fuels and renewables in “deliberately practical terms”, comparing the complexity of generating and delivering power from fossil fuel plants against the immediacy of rooftop PV.
