USAID to fund solar research projects in India and Morocco
The U.S. Agency for International development (USAID) announced that it will provide USD10 million in funding to a number of projects aimed at addressing critical areas of development, two of the projects center on solar research in India and in Morocco.
Foresight Solar Fund raising capital for further solar investment
The U.K. investment company has announced that it is putting 28.2 million shares up for sale in an attempt to raise GBP 28.9 million (USD 38.5 million) for investment in an attractive 200 MW solar pipeline that it has identified.
Jinko Solar and Heraeus enter into fresh collaboration
The established partners enter a new phase of their cooperation, as Jinko Solar is using Heraeus Photovoltaics front-side silver paste on its new high-efficiency solar cells.
SolarCity value miscalculated by $400 million in Tesla merger
A Securities and Exchange Commission (SEC) filing by Tesla on Wednesday revealed that the investment bank that advised SolarCity on its sale to Tesla, Lazard Ltd, double-counted some of the companys projected indebtedness, resulting in a $400 million undervaluation.
SolarCity excluded from participating in Nevada grandfathering decision
The Nevada Public Utilities Commission (PUCN) has denied SolarCity’s request to participate in proceeding on whether existing residential solar customers in Nevada should have their net metering schemes “grandfathered,” after the utility added fees to the scheme at the end of 2015.
Duke Energy reaches agreement with solar developers in North Carolina
The North Carolina utility has resolved a dispute with 33 utility-scale solar developers over the method that the new grid connection criteria will be applied.
Investors advised by J.P. Morgan purchase stake in Sonnedix Group
The investors acquired all of the outstanding shares in Sonnedix, less than two years after J.P. Morgan partnered with the solar power producer to pursue opportunities in the global solar market.
NEXTracker supplies trackers for 105 MW PV plant in India
The U.S. tracker manufacturer has delivered its trackers to the 105 MW plant in the State of Punjab, which will become Indias largest solar plant that uses tracker technology, once it goes online later in the year.
Enerray to build 104 MWp PV plant in Brazil
It is the second contract that the Italian company has won from Enel Green Power for a large-scale solar plant in Brazil, after it began construction on the mega 254 MWp Ituverava PV plant late last year.
TrinaBEST to expand into Japan
The new storage arm of Trina Solar, Trina Energy Storage Solutions, otherwise known as TrinaBEST, has announced the establishment of a Japanese subsidiary, TrinaBEST Japan to help grow its energy storage business in Japan.
