March 20th, 2013 | by Andrew
Sixteen organizations spanning the US solar industry, including the DOE's National Renewable Energy Laboratory, have launched a group effort that should result in opening up large, new pools and lower the cost of capital for the US solar energy industry
January 30th, 2013 | by Andrew
Solar Mosaic's wasting no time as it seeks to build on the initial success of its innovative solar PV crowdfunding platform as it partners to develop credit ratings for rooftop solar energy projects
September 13th, 2012 | by Andrew
Home clean energy project financing in Riverside County is surging higher with the launch of an innovative public-private PACE partnership, HERO (Home Energy Renovation Opportunity). HERO is boosting job creation and the local economy, along with helping consumers cut energy costs and helping the state meet its GHG emissions reduction targets
August 30th, 2012 | by Andrew
A prosecutor in the southern Italian city of Brindisi has filed criminal charges against Suntech and its Global Solar Fund, adding to a growing list of criminal and civil charges that could destroy the company. The charges follow on revelation of an alleged $700 million investment fraud perpetrated by GSF that implicates Suntech senior executives.
August 22nd, 2012 | by Andrew
News of bankruptcies and downsizing aside, investors continue to put money to work in the solar power market. Venture capital funding, debt financing, and solar project M&A all increased in Q2, while 13 new solar-focused, clean tech investment funds were announced, according to Mercom Capital's Q2 report.
August 17th, 2012 | by Andrew
Orix Corp. is the latest company to announce it's expanding and entering Japan's solar power market following the July introduction of a renewable energy feed-in tariff. The company may up its investments further, financing as much as 400-MW of solar power projects in Japan.
July 25th, 2012 | by Andrew
Solar PV trade disputes between China and its main trading partners are escalating, as a group of German solar companies, led by SolarWorld AG, filed a WTO anti-dumping petition with the European Commission. The filing heightens tensions and divisions among industry participants, who have been put under increasing pressure as a result of a massive build-up in solar PV supply and manufacturing capacity, the bulk of which has come from China.
July 9th, 2012 | by Andrew
SunEdison's asset sales and service agreements raise cash and secure an income stream as it looks to weather tough market conditions and continue expanding.
June 8th, 2012 | by Andrew
Merging with CBD Energy, Westinghouse Solar is to ship its Instant Connect solar panels "Down Under," where rooftop solar is growing faster than grid operators can handle
May 31st, 2012 | by Andrew
Local banks have come together to finance Qatar's first solar-grade polysilicon production plant, a planned $1.1 billion, 8,000-metric-ton facility being built by Qatar Electricity and Water (QEWC), and Qatar Solar Technologies (QSTec), a joint venture of the Qatar Foundation that supports efforts to transform the Gulf Coast country's economy from a carbon-based to a knowledge-based one
May 18th, 2012 | by Andrew
The recent U.S. residential housing and mortgage market collapse gave securitization a bad name, but the practice of aggregating and dicing up residential solar PV system leases and commercial solar power purchase agreements (PPAs) is bound to play a role in solar and renewable energy finance going forward
March 2nd, 2012 | by Andrew
George Soros, through his recently launched Silver Lake Kraftwerk fund, and other leading private sector investors are stepping up their investments in developing solar and other renewable energy resources and technology
February 17th, 2012 | by Andrew
Utilities and independent power producers with ready access to the US bond market are ramping up their project development and ownership activities, and that may open up opportunities for other industry participants to follow suit. Recent developments indicate that institutional investors may have an appetite for solar energy bonds, as well.
February 14th, 2012 | by Andrew
San Diego's Borrego Solar has closed a new, $47 million fund with U.S. Bank and East West Bank, another indication that private sector US financial institutions view solar energy as a viable, sound investment choice. Borrego's intergrated power purchase agreement cuts customers' up-front capital costs significantly and improves the cash flow profile of solar energy systems' projects
January 29th, 2012 | by Andrew
An Ecos Energy solar energy project in the heart of Minnesota's wind farm region will test the potential of co-locating solar and wind turbine arrays to provide a more consistent supply of clean, renewable energy to the local Xcel Energy grid
January 17th, 2012 | by Andrew
Solar and renewable energy industry players are jockeying for position and ramping up project development plans and investment as Japan readies a landmark renewable energy feed-in tariff due to go into effect July 1. MEMC Electronic Materials' SunEdison announced plans to invest an initial $4.6 billion to build solar power projects in the Land of the Rising Sun and is discussing potential project sites for 1-GW of solar energy capacity with local governments.
January 5th, 2012 | by Andrew
China's solar photovoltaic (PV) manufacturers aren't waiting around for US decisions on China improperly subsidizing the industry and claims that Chinese manufacturers are dumping product in the US; they're shifting investments overseas. China's TFG Radiant Group announced it's increasing its equity stake in Colorado flexible thin-film solar PV manufacturer Ascent Solar, while LDK Solar announced its increasing its stake and launching a public takeover offer for all the shares of German silicon solar PV producer Sunways
December 8th, 2011 | by Andrew
First Solar continues to shed ownership stakes in its thin-film solar PV mega-projects as tough economic and industry conditions prompt a more defensive posture. Warren Buffet and Berkshire Hathaway have been known to swoop in and invest in businesses and industries experiencing difficult times, looking to realize greater value from them over the longer term
December 1st, 2011 | by Andrew
SolarCity and BoA-Merrill Lynch announced that they have agreed to terms on financing SolarStrong, a billion-plus dollar SolarCity project - the largest in US history - that could double the number of residential solar installations in the US by installing solar power systems on privatized US military housing communities across the country.