Yingli Solar has settled its anti-trust lawsuit with Solyndra for US$7.5 million with the possibility of further payments, dependent on its US shipment levels.
Azure Power Global has filed an amended F-1 form with the US Securities and Exchange Commission (SEC) for its impending US IPO, with plans to raise around US$100 million.
US residential and commercial PV provider SolarCity has raised US$131 million through a new tax equity fund in order to finance residential, commercial and military solar projects.
US-based residential solar firm Sunnova Energy has secured US$300 million from private equity firm Energy Capital Partners (ECP) to continue its growth in the residential solar sector.
Germany-based renewables firm Juwi plans to construct three utility-scale solar projects with a combined capacity of 90MW in Colorado via its US-based subsidiary.
Record installations expected in 2016 will put the US within a stone’s throw of challenging China’s position as the world number one solar market this year.