Solar funding moves from companies to projects
Mercom Capital’s latest report shows sustained low levels of funding for solar companies but strong investment in solar projects and many acquisitions.
GTM Research: Global solar market to top 104 GW this year
The company’s latest Global Solar Demand Monitor forecasts 6% annual increase in PV installation growth, with the United States seeing relatively flat growth at 10.6 GW.
Apple claims to be 100% renewable-powered
Technology multinational Apple Inc. has announced that its global operations are now 100% powered by clean energy. Additionally, another nine of Apple’s manufacturing partners have committed to powering their production with 100% clean energy, meaning a total of 23 suppliers have now made this commitment.
Enphase shows turnaround in Q4 2017 results
The struggling microinverter maker narrowed losses considerably in Q4, as it unveils new products and expands in new markets.
Terraform Global refinancing suggests yieldco health
The yieldco has refinanced a 9.75% debt package due in 2022 into a 6.125% debt package due in 2026. The financing covers various portions of just over 1GW of solar, wind and hydro projects.
Solar tracker market could reach 20 GW this year
GTM Research says last year’s record levels of global solar tracker shipments will be surpassed in 2018, as Latin America displaces the United States as the largest market and NEXTracker holds on to the top spot.
Solar to lead global renewables growth for next five years — KPMG
Solar is set to grow more in terms of capacity than any other clean-energy technology over the next half decade, according to a new report. Battery storage will play a crucial role in this as well.
GCL, Canadian Solar, First Solar show biggest solar pipelines
GCL, Canadian and First Solar are reporting the largest project pipelines in GTM Research’s ranking of global developers, however it is unclear how Section 201 duties will affect Canadian Solar as well as No. 4 developer SunPower.
OPIC funds $253 million in overseas solar during 2017
The U.S. government’s lender for U.S. interests operating in developing markets increased clean energy financing in 2017, despite the arrival of the Trump Administration and an ongoing investigation.
Longi Solar confirms 500 MW Indian cell, module factory
Longi Solar’s planned PV fab in Andhra Pradesh will manufacture 500 MW of cells and 500 MW of modules. The facility will seek to take advantage of India’s partial exemption from the recent U.S. solar tariffs under Section 201.
