• China
    15 Jun 2018

    GCL New Energy Signs PPA for 110MW Solar Project In Colorado

    GCL New Energy, Inc., a subsidiary of GCL Group, has signed a long-term power purchase agreement with Intermountain Rural Electric Association (IREA) for its Pioneer 110MW greenfield project in Colorado.
  • China
    15 Jun 2018

    Seraphim Wins Ukraine's 246MW Solar Project

    Jiangsu Seraphim Solar System Co., Ltd. announced that it won the supply agreement for a monumental 246MW Ukraine solar project, developed by DTEK.
  • United States
    14 Jun 2018

    Solar FlexRack Completes Shipments to 71MW Solar Project in North Carolina

    Solar FlexRack™ has completed shipments of its G3-X fixed tilt racking system to Brantley solar farm. The 71MWdc project was developed and is currently being built by Cypress Creek Renewables.
  • China
    14 Jun 2018

    JA Solar Establishes New Subsidiary in South Korea

    JA Solar Holdings Co., Ltd. announced that it establishes a new subsidiary in South Korea.
  • United States
    13 Jun 2018

    Enphase Energy to Acquire SunPower's Microinverter Business

    Enphase Energy, Inc. and SunPower Corporation announced a definitive agreement for Enphase to acquire SunPower's microinverter business for $25 million in cash and 7.5 million shares of Enphase common stock. Key highlights of the acquisition include:
  • China
    13 Jun 2018

    Astronergy in Partnership with Munich Re for 9 Consecutive Years

    Astronergy announced signing the contract of 3rd party insurance service which provides the cover for registered PV modules produced in 2018 with Munich Re and PICC P&C.
  • Germany
    12 Jun 2018

    Scatec Solar Secures 83MW in Ukraine

    Scatec Solar has signed agreements securing two projects with capacity of 33MW and 50MW in the Cherkassy region of Ukraine.
  • United States
    12 Jun 2018

    Vivint Solar Closes $811 Million of New Financing

    Vivint Solar, Inc. announced the closing and funding of $811 million aggregate principal amount of debt financing comprised of two separate transactions. The first is a capital markets issuance by its wholly-owned subsidiary, Vivint Solar Financing V, LLC, of $466 million aggregate principal amount of Solar Asset Backed Notes, Series 2018-1 (issued in two classes – $400 million Series 2018-1 Class A Notes and $66 million Series 2018-1 Class B Notes). The offering was upsized from the original offering size of $355 million to become the largest securitization of residential solar power purchase agreements and leases to date. Credit Suisse Securities (USA) LLC and Citigroup Global Markets, Inc. acted as joint bookrunners and co-structuring agents and Merrill Lynch, Pierce, Fenner & Smith Incorporated, Deutsche Bank Securities Inc. and SunTrust Robinson Humphrey, Inc. acted as co-managers for the issuance of the Series 2018-1 Notes.
  • Singapore
    11 Jun 2018

    Sunseap Begins Construction of Solar Farm in Vietnam

    Sunseap International begins construction of its US$150 million solar farm in Vietnam at a groundbreaking ceremony.
  • Finland
    11 Jun 2018

    Fortum to Sell Share of 185MW Indian Solar Portfolio

    Fortum has signed an agreement to sell a 54% share of its solar power company operating four solar power plants in India to UK Climate Investments (40%) and Elite Alfred Berg (14%). Elite Alfred Berg has the option to buy up to an additional 16% from Fortum. The total capacity of this portfolio is 185MW. In this partnership, Fortum will retain a significant minority ownership in the solar power company and continue to provide operation and maintenance services based on a long-term agreement.