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17 March 2014

DNV GL bolsters solar division with deal for PV Evolution Labs

Bristol solar_170 Testing, certification and advisory company DNV has acquired venture capital-backed PV Evolution Labs (PVEL), a provider of testing and performance validation services for companies developing photovoltaic products and projects.

17 March 2014

Grupo Ecos hunts renewable opportunities in Latin America

wind-stock170 The Swiss private equity firm Grupo Ecos is looking for investment opportunities in solar, wind and hydroelectric plants across Latin America.

17 March 2014

UK keeps Merton Rule to boost onsite renewables

london_170 The UK government has decided to keep legislation that allows local councils to demand developers install on-site renewable energy generation facilities in new buildings.

17 March 2014

New cleantech incubator launched in New York

Empire_State_170 New York City Economic Development Corporation and the New York University Polytechnic School of Engineering have opened a new green technology business incubator.

14 March 2014

Capital Stage forecasts 40% revenue increase in 2014

westmill_solar_170_170 Capital stage, Germany’s largest solar park operator, is forecasting that revenue will increase by 40 per cent in 2014 rising to more than €80m as new acquisitions boost its income.

14 March 2014

Solar panel maker Upsolar commits $20m to Empower investment fund

Solar panel producer Upsolar has committed $20m to renewable energy fund Empower.

13 March 2014

Industry warns Germany may miss solar expansion target

Ninety per cent of German solar companies are concerned that a planned renewable energy tax policies will cause Germany to miss its solar power expansion target according to a poll by BSW Solar, a lobby group for the industry.

13 March 2014

Xcel Fund Awards $42m To Renewable Projects In Minnesota

CandianS_170SQ Regulators in Minnesota have approved 29 renewable energy projects that will receive $42m in grants from Xcel Energy's Renewable Development Fund.

13 March 2014

NextEra’s 750MW Californian solar project gets green light

Abnegoa_CSP_170SQ2 NextEra Energy has been given the green light for its 750MW McCoy solar development in California by Riverside County supervisors.

11 March 2014

Complete Solar Solution raises $5m from Ecosystem Integrity Fund, Floodgate Capital

Foster City, California-based designer and installer of custom solar products Complete Solar Solution has raised $5m in funding.

11 March 2014

US DOE provides $2.2m to further reduce costs of solar

The US Department of Energy (DOE) is providing $2.2m in funding for three California solar projects.

10 March 2014

Canadian firms plan $1bn 500MW solar plant in India

Abnegoa_CSP_170SQ1 Three canadian companies are planning to invest INR6,100 crore in the Indian state of Odisha to develop a 500MW solar plant and panel manufacturing unit.

7 March 2014

SunEdison and Nationwide Mutual Insurance team up for $50m solar portfolio fund

Abnegoa_CSP_170SQ US solar technology manufacturer and solar energy provider SunEdison along with Nationwide Mutual Insurance Company, National Bank of Arizona, and Sol Systems today announced a $50m fund to build a 13.4MW solar portfolio for the State of California prison and hospital systems.

7 March 2014

SolarBridge Technologies raises $42m from Constellation and others

roof_suned_170_170 Austin, Texas-based microinverter and monitoring technology provider SolarBridge Technologies has raised $42m in funding from Constellation Technology Ventures, part of US energy producer and distributor Exelon Corp.

7 March 2014

Vivint raises $280m for residential solar

Sainsburys_170SQ Provo, Utah-based solar installer Vivint Solar, has raised $280m in a tax-equity financing round for installation of residential solar projects.

7 March 2014

Gamma Solutions acquires Esco’s 12MW PV in UK

SunEdison2_170SQ1 Spanish energy and telecoms firm Gamma Solutions has acquired Esco NRG's 12MW solar farm in the UK.

6 March 2014

DCM closes Fund VII on $330mp

cash_point_170_170 Early stage technology investor DCM has closed its seventh fund on $330m, bringing its total assets under management to over $2.5bn.

6 March 2014

Canadian Solar raises CAN$48m from Manulife

juwi_build_170SQ Guelph, Ontario-based Canadian Solar has raised CAN$48m from Manufacturer's Life Insurance Company (Manulife).

6 March 2014

Corpfin Capital nears first close on €200m Fund IVp

solairedirect_170SQ Spanish private equity firm Corpfin Capital is reportedly nearing a first close for its latest fund.

6 March 2014

SolarWorld 2013 revenues drop 25 per cent to €456m, aims for positive 2014p

German solar manufacturer SolarWorld's revenues dropped 25 per cent in 2013 to €456m, but expects a positive EBITDA for coming year.

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