Welspun Renewables receives US$617 million in funding
The Indian developer is reporting a massive infusion of debt, equity and credit to fund its renewable energy business, but details are sparse.
Neo Solar Power produces 21.1% efficient mono-PERC solar cell
NSP will show the new PERC cell at the PV Taiwan trade show this week, and the product will be ready for engineering sampling at the end of 2015.
New York State plans for solar on 150,000 homes and businesses by 2020
NY Governor Cuomo has deepened the state’s solar commitment and made other pledges as part of an international MOU to reduce greenhouse gas emissions.
Global solar investment shows flat growth in Q3 2015
Bloomberg New Energy Finance reports a 1% year-over-year fall in global solar investment to $43.9 billion, but notes distortion by currency effects.
SunEdison to halt transfer of assets to yieldcos
Citing market dislocation, SunEdison has announced short-term changes to its operating plan. This includes a plan to hold more projects in warehouses instead of moving them into the company’s two yieldcos.
Solar funding rises in Q3 despite dismal stock prices
Mercom Capital’s latest quarterly report shows the volume of VC funding and debt financing rising during Q3, while public market financing fell.
California Governor Brown signs 50% renewable portfolio standard into law
The mandate of 50% renewables by 2030 is one of the strongest in the nation, and is expected to drive substantial investment into solar.
1366 chooses New York to build its first commercial-scale wafer facility
After years of delays, 1366 Technologies has announced plans to break ground on the factory to produce its proprietary Direct Wafers no later than the second quarter of 2016.
GET warns of multi-crystalline wafer shortage in 2016
One of the larger wafer makers has warned of an impending shortage of multicrystalline wafers next year.
JinkoSolar to hold off on building a factory in Brazil
JinkoSolar has announced that it will postpone building a factory in the nation, which is in the midst of an economic crisis.
