Senior bondholders in the vertically integrated solar manufacturer REC have approved the splitting of the company today. The approval will see its polysilicon operations split off from REC’s solar operations.

Portugal-based photovoltaic developer Martifer Solar will develop 50 MW in the U.K. The projects will have an average size of 10 MW and will be located across five counties in the south of the country.

A Singapore company has launched a crowdfunding campaign to raise funds for the installation of solar street lights along the roads in three Cambodian villages.

First Solar will sell its 50 MW solar project portfolio in Canada to an investment group led by GE Energy Financial Services, marking the first project deal between the firms since announcing their financial partnership.

U.S.-based manufacturer SunPower is set to offer solar loans to households in Australia. The lender Community First Credit Union will provide the loans.

The 110 MW AC (143 MWp) Catalina solar power plant has been completed, in Kern County, Southern California. Bechtel was the EPC on the project.

Norway’s Renewable Energy Corporation (REC) has proposed three new bond repurchase options today, pursuant on the company successfully splitting its operations silicon operations from its downstream solar business.

U.S. photovoltaic developer SunEdison announced today that its board of directors has unanimously decided to spin off its semiconductor operations, forming a new company SunEdison Semiconductor Inc. A minority stake in the business will be offered in an IPO.

The latest report into venture capital (VC) investment in the photovoltaic industry has indicated investments slightly improving, however remaining at a low level.

The government from the small Mediterranean country of Malta has cancelled a EUR5.5 million program aimed at encouraging commercial or industrial rooftop solar installations.