Becky Beetz
South Africa: SunEdison wins solar contracts worth 371 MW, juwi working on 86 MW project
In separate announcements, U.S.-based SunEdison said it has won contracts for solar projects totaling 371 MW, while Germanys juwi has begun construction on an 86 MW PV plant.
Canadian Solar secures financing for 40 MW solar portfolio
Canadian Solar Inc. has it secured US$53 million in project financing from Investec Bank plc for four solar PV plants totaling 40.2 MW in England. It also again mentioned the formation of a yieldco in the coming months.
US: TerraForm Power acquires 48 solar projects from Integrys
SunEdisons yieldco vehicle, TerraForm Power has acquired 23 MW of solar across 48 plants totaling 34 MW from a subsidiary of Integrys Energy Group, Inc. TerraForm will pay US$45 million and assume $10 million in project debt.
JinkoSolar supplies 33 MW of PV modules to Chile project
JinkoSolar Holding Co., Ltd has supplied 33.67 MW of modules to Rijn Capitals San Pedro solar project in Chiles Atacama desert.
Yingli pays off some debt, releases Q1 earnings
Yingli Green Energy has today released its eagerly anticipated Q1 2015 earnings. With a net loss of US$58.6 million, the company is not exactly in the black. The results are, nevertheless, far from apocalyptic. It has also managed to pay off $193.5 million in medium terms notes and is confident it can settle another, similar, debt this October.
SunPower files lawsuit against SunEdison, former employees for poaching trade secrets
In a U.S. federal lawsuit filed yesterday, June 3, SunPower Corp. has accused SunEdison Inc. of poaching over 20 employees and trade secrets between 2011 and 2014, in order to gain a competitive edge.
Ikea pledges EUR 100 million for solar expansion
As part of a EUR 1 billion climate action investment, Ikea has pledged to channel EUR 100 million in installing solar. Overall, EUR 600 million will go towards wind and solar projects, with the remaining EUR 400 million going to the Ikea Foundation.
Vivint Solar unveils $150 million plans for commercial, industrial solar sector
As part of its expansion plans, Vivint Solar has announced it will enter the commercial and industrial solar sectors via a US$150 million investment fund. It has also partnered with a number of EPC companies.
India: JA Solar and EIL sign 500 MW PV manufacturing MOU
Under a memorandum of understanding (MOU), JA Solar Holdings Co., Ltd has joined forces with Essel Infraprojects Limited (EIL) to establish a solar cell and module manufacturing facility.
US installs 50 MW PV in April
According to the latest statistics, the U.S. added 50 MW of new PV projects in April. For the first quarter of 2015, 362 MW were installed; a far cry from the 937 MW installed in the previous year.
