First Solar nails $63 million loan from Mizuho Bank
The U.S. based module supplier has secured a JPY 7 billion ($63.4 million) syndicated development loan facility for undisclosed utility-scale solar projects in Japan.
Indian government approves IPO for renewable energy agency
The initial public offering proposed by the Indian Renewable Energy Development Agency (IREDA) has been given approval by the Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Shri Narendra Modi.
Eurus finishes 10.5 MW (AC) in western Japan
The Tokyo-based renewables developer installed the 13.8 MW (DC) solar array on a 23-hectare plot of land west of the city of Osaka in Awaji, Hyogo prefecture.
Laytec to supply inspection equipment to CNBM PV fab
German equipment manufacturers Laytec has been chosen by CTF solar to supply its in-line process inspection equipment to a new 80 MW CdS/CdTe thin film cell production line being developed in China.
Court approves TerraForm Power, Global settlements with SunEdison
The rulings help clear the way for Brookfield’s acquisition of the two yieldcos, and close a long and difficult chapter in the story of the three companies.
Orix, Kyudenko, Kyushu Electric switch on 52.5 MW in Fukushima
Fukuoka-based engineering firm Kyudenko, Japanese financial services giant Orix and Kyuden Mirai Energy — a wholly owned subsidiary of regional utility Kyushu Electric Power — completed the project in Soma, Fukushima prefecture, in early June.
JA Solar chief exec lodges revised takeover bid for company
Baofeng Jin, JA Solar’s CEO and chairman, and the Jinglong Group – a British Virgin Islands company of which Jin is the sole director – has applied to acquire all of JA Solar’s outstanding shares in revised update of 2015 takeover bid.
Canadian Solar holds firm in Q1 with slight profit and revenue increase
The Chinese solar company increased its revenue sequentially despite falling shipments having begun monetizing new power plants globally. Gross profit rose to $91.4 million.
Indian rooftop solar sector receives $100m ADB loan
Nationwide financing program to be guaranteed by the Indian government and delivered using funds from the Asian Development Bank and Punjab National Bank. First tranche represents one-fifth of $500m loan finance program.
JinkoSolar breaks 2 GW barrier for module shipments in Q1
The Tier-1 Chinese solar company is the first firm to ship more than 2 GW of solar modules in a single quarter, beating guidance for the first quarter to reach 2,068 MW in shipments. Q2 guidance of 2.5 to 2.6 GW forecast.
