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SunEdison has raised over USD 6 billion to fund its PV projects globally

SunEdison closes on financing for 33 MW of solar PV plants

2014-04-25

SunEdison Inc. (St. Peters, Missouri, U.S.) has closed on roughly USD 100 million in financing for two solar photovoltaic (PV) projects totaling 33 MW which it plans to build in the Canadian Province of Ontario. Deutsche Bank Securities Inc. (New York City) will provide construction financing for the projects. SunEdison will manage construction of the two plants, which it expects to complete by the end of 2014, as well as managing operations and maintenance upon completion through its Renewable Operations Center. Read more...

Displaying results 1 to 1 out of 420
 
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SunEdison has raised over USD 6 billion to fund its PV projects globally

SunEdison closes on financing for 33 MW of solar PV plants

2014-04-25

SunEdison Inc. (St. Peters, Missouri, U.S.) has closed on roughly USD 100 million in financing for two solar photovoltaic (PV) projects totaling 33 MW which it plans to build in the Canadian Province of Ontario. Deutsche Bank Securities Inc. (New York City) will provide construction financing for the projects. SunEdison will manage construction of the two plants, which it expects to complete by the end of 2014, as well as managing operations and maintenance upon completion through its Renewable Operations Center. Read more...

Chinese Premier Li Keqiang called for expansion of wind and solar along with conventional resources including oil and gas and nuclear power

Chinese Premier Li Keqiang stresses transmission, pushes solar PV and wind along with conventional energy

2014-04-25

Chinese Premier Li Keqiang mentioned the importance of advancing wind and solar alongside the development of conventional energy sources in his address to the first meeting of a new session of China's National Energy Commission, according to state news agency Xinhua. Li stressed the need to advance electricity transmission and distribution projects in tandem with renewable energy development, including mention of a high-voltage transmission channel from the East of the nation to the West in order to optimize distribution of resources. Read more...

Oklahoma Governor Mary Fallin has clarified that regulators must consider other options before imposing fixed charges

Oklahoma Governor clarifies changes to rate structures for solar PV system owners

2014-04-25

The Governor of the U.S. state of Oklahoma has issued an executive order that states that regulators in the state must consider other options before imposing fixed charges on the owners of solar photovoltaic (PV) systems under new legislation. Governor Mary Fallin (R) signed SB 1456 concurrently to signing the executive order, which also calls on the Oklahoma Corporation Commission to conduct a transparent evaluation of distributed generation, with input from both utilities and representatives of the PV and wind industries. Read more...

Etrion owns and operates large-scale PV plants

Etrion refinances bonds

2014-04-25

Etrion Corp. (Geneva, Switzerland) has completed the issue of a EUR 80 million (USD 110 million) secured bond in the Norwegian bond market. The new bond has an annual interest rate of 8.0% and matures in April 2019. The company plans to use the proceeds to refinance its existing EUR 60 million (USD 83 million) corporate bonds that pay 9.0% annual interest and mature in April 2015, as well as for general corporate purposes. Read more...

PV cell production

SunPower shows strong financial performance, operational successes in Q1 2014

2014-04-25

SunPower Corp. (San Jose, California, U.S.) has released first quarter 2014 results, reporting an 9% year-over-year increase in revenues to USD 635 million, an 11% operating margin and a net income of USD 65.0 million. The company also reports operational successes, including producing a pre-production solar photovoltaic (PV) cell with an efficiency greater than 25% using its new “Fab 4” technology. Read more...

The Kalkbult PV plant

NPD Solarbuzz: Middle East and Africa solar PV demand to triple to 4.4 GW by 2018

2014-04-24

NPD Solarbuzz (Santa Clara, California, U.S.) has released a new report where it predicts that solar photovoltaic (PV) demand to grow 50% in the Middle East and Africa in 2014 to 1.6 GW. It also finds that demand will nearly triple to 4.4 GW by 2018, with an upside potential of 10 GW, and expects that ground-mounted PV plants will represent 70% of this market. Read more...

Rooftop PV plants

Google, SunPower to fund USD 250 million in solar PV leases

2014-04-24

Google Inc. (Mountain View, California, U.S.) and SunPower Corp. (San Jose, California, U.S.) have announced a new program to provide financing for residential solar photovoltaic (PV) leases for roughly USD 250 million in PV systems. Google will commit up to USD 100 million to the program, and SunPower roughly USD 150 million. Read more...

SolarWorld will provide solar PV modules made in its factory in the U.S. state of Oregon

SolarWorld to supply PV modules to “solarize” programs in North Carolina, Utah

2014-04-24

SolarWorld AG's (Bonn, Germany) U.S. subsidiary reports that it will serve as the sole solar photovoltaic (PV) module supplier to community solar programs in the U.S. states of North Carolina and Utah. The company estimates that it has supplied 3 MW of U.S.-made PV modules since 2009 to 26 “solarize” programs, which aim to provide easy and low-cost residential PV installations to residents of municipalities. Read more...

Mercatus says that the establishment of standards is needed to accelerate securitization and other finance offerings for residential and commercial PV

Mercatus adopts Solar Access to Public Capital standard contract documents

2014-04-24

Energy project finance solutions provider Mercatus Inc. (New York City) reports that it has formally adopted the Solar Access to Public Capital (SAPC) Working Group standard contract documents for both residential and commercial solar photovoltaic (PV) installations, as part of its efforts to accelerate solar securitization. The SAPC documents were developed by a working group convened the U.S. Department of Energy's National Renewable Energy Laboratories (NREL, Golden, Colorado, U.S.), an effort that Mercatus was part of. Read more...

IEA says that a stable policy framework is needed to support renewable energy deployment in the Netherlands past 2020

IEA calls on The Netherlands to ramp decarbonization efforts

2014-04-24

While acknowledging some recent improvements, the International Energy Agency (IEA, Paris) has called upon the Netherlands to step up efforts to decarbonize its energy supply and to set a long-term framework to achieve 2030 goals, in a review of Dutch policies. IEA released the review on April 22nd, 2014. The agency notes that among member nations the Netherlands remains one of the most fossil fuel-intensive nations among IEA members, and says that a stable policy framework is needed in the nation beyond 2020. Read more...

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