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Mosaic closes deal for a $250 million financing facility from Deutsche Bank

The California-based solar loan provider for homeowners has added another substantial capital warehouse to its growing financial clout, this time a $250 million facility from Deutsche Bank, as it aims to have $1 billion available for solar loans by summer 2017.

JinkoSolar supplied modules for 140 MW PV plant in Minnesota

Chinese PV manufacturing giant, JinkoSolar, was chosen to supply its 72-cell solar modules to the North Star Solar project in Minnesota, U.S., which will be the largest solar plant in the American Midwest once it is connected to the grid later in the year.

Amazon expands partnership with Dominion for a further 180 MW of solar

The e-commerce giant has agreed to purchase energy from a further 180 MW of solar projects that will be developed by Dominion in Virginia, US, as Amazon looks to fuel 100% of its operations through renewable energy within the next ten years.

Vivint Solar raises $200 million in tax equity funding

The distributed solar provider has secured another healthy chunk of finance to go towards the installation of 123 MW of residential solar, as the company continues to steady the ship after the trauma of its failed merger with SunEdison earlier in the year.

SMA surpasses 10 GW of inverters installed in North America

The German inverter manufacturer has reached the impressive landmark of installing 10 GW of solar inverters across North America, after an incredible installed capacity increase of 33% in less than a year, all the while Chinese competitors challenge its market share supremacy.

Leclanché to undertake first energy storage project in the US

The Swiss energy storage solutions company has been selected by Swiss Green Electricity Management Group to act as EPC contractor and energy storage provider for the 20 MW Marengo Energy Storage Plant in Chicago, as part of a new strategic partnership between the pair to supply grid-scale battery solutions.


SMA lowers financial forecast for 2016

The world’s largest inverter maker, SMA Solar Technology, has been forced to reduce its financial outlook for 2016. This follows SolarWorld making a similar announcement.

SolarWorld to miss 2016 forecasts

The German PV manufacturer announced that although it is set to achieve its shipment forecast for 2016, it is unlikely to meet its revenue and operating income forecasts for the year, and has already begun to point the finger at Chinese companies.

8minutenergy announces capital raise to support for 5.5 GW PV pipeline

The California-based solar developer is looking to take advantage of a growing U.S. PV market, by raising capital on its near shovel-ready projects, which the company believes have a value in excess of USD 1 billion.

Trina Solar breaks multicrystalline silicon solar module efficiency record

The Chinese PV manufacturing heavyweight achieved an aperture efficiency record of 19.86%, which is up a significant 0.7% from the previous record of 19.14%, as the trend in the industry is for continuing efficiency improvements across all solar cells and modules.

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