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5 March 2013

Welspun Energy ties up funds for 130MW Indian solar project

Welspun Energy, India’s largest solar developer, has tied up funds for its 130MW solar project in Madhya Pradesh.

5 March 2013

Jakson Power plans 100MW solar power roll-out within 3 years

Jakson Power Solutions is aiming to commission 100MW of solar power generation capacity across India in the next three years.

5 March 2013

SolarWorld gets FIT bonus in France through ‘Made in Europe’ status

SolarWorld has become the first photovoltaics manufacturer to receive full certification for a ten per cent bonus on top of the feed-in tariff in France.

5 March 2013

Suntech’s Shi Zhengrong loses second job in a year as Wang replaces him

Chinese solar manufacturer Suntech Power has named Susan Wang as its new chairwoman, replacing Shi Zhengrong who has lost his second post with the business within a year.

5 March 2013

Schletter enters 100MW supply agreement with Strata Solar

Photovoltaic mounting system provider Schletter has entered into a 100MW supply agreement with Strata Solar.

4 March 2013

Yingli posts 6th consecutive quarterly loss but predicts 2013 shipment rise

Chinese solar equipment maker posted its sixth consecutive quarterly loss but said it expects to see a sharp jump in shipments this year with home demand accounting for a major share of the uptick.

4 March 2013

US solar developer Salamon Group ceases operations

Salamon Group, which through its Sunlogics Power Fund Management arm developed solar power projects, has released a statement saying it has ceased operations.

4 March 2013

Acciona to cut local investments, look abroad as tariff cuts hit Spain

Acciona will reduce its renewable energy spending in its home market of Spain and look abroad for new investment opportunities as the country scales back support to cut its power system tariff deficit.

1 March 2013

Lightsource buys 2 UK solar plants from Wirsol

Renewable power developer Lightsource Renewable Energy has bought two solar parks with a combined capacity of 9.6MW from German developer Wirsol.

1 March 2013

TGC sees investor interest as ROC reignites solar marketp

A stable regulatory framework is at last sparking investor interest in the UK’s solar sector with TGC Renewables telling NewNet that it is ‘constantly’ being approached by investors.

1 March 2013

Advanced Equities sells 170 funds to Gentry Financial: reports

US-based brokerage firm Advanced Equities, which worked on fundraising with a number of green businesses before shutting up shop last November, is reported selling off 170 funds to Gentry Financial.

1 March 2013

OneRoof adds $100m to finance pool from Morgan Stanley, Main Street

US solar financier OneRoof Energy has secured $100m in new funding from Morgan Stanley and developer Main Street Power Company.

28 February 2013

GDF accelerates renewables spend to tackle tough market

speed boat_170 GDF Suez will prioritise its renewable energy investments across Europe to prepare for a challenging economic climate out to 2014.

28 February 2013

Stellar Energy enters North Carolina market through new hire

US utility-scale solar engineering firm Stellar Energy has brought on industry veteran in Rohnert Park as director of its Southeast Project Development and marking its entrance into the North Carolina market.

28 February 2013

Abundance Generation opens third UK green investment opportunityp

UK retail investment platform Abundance Generation has opened its third renewable energy investment opportunity based on a ground-mounted solar power installation in partnership with BNRG Hoo Solar.

28 February 2013

Libya’s solar potential five times bigger than oil: reportp

abengoaSolar_70 Libya has the potential to generate approximately five times the amount of energy from solar power than it currently produces in crude oil according to a new major report.

28 February 2013

Ivanpah solar project reaches ‘first flux’

The Ivanpah solar thermal project, being developed by Brightsource Energy, NRG and Google, has achieved a major milestone creating the ‘first flux’.

28 February 2013

NRG’s solar earnings up in 2012, 2GW to be added this year

US power generator NRG Energy saw earnings from its solar activities rise in 2012 with the additional of its large-scale Aqua Caliente solar facility and plans to more than 2GW of solar power and natural gas over the course of this year.

27 February 2013

Update: Akuo aims for $33m first close of Green Islands fund by Q3p

Akuo Investment Management, which oversees a number of renewable energy funds, told NewNet it hopes to reach a first close on its newly-launched Green Islands SIF fund on $33m by the third quarter.

27 February 2013

Solar Way needs global partners for cell phone charging systemp

Solar Way, which makes solar-powered products for charging and lighting, said it wants to secure global partners for its flagship technology.

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