Home Business & Finance

Business & Finance

JinkoSolar Signs JPY4.1 Billion Syndicated Loan Agreement with Japanese Bank Consortium Led by SMBC

SHANGHAI, June 26, 2017 / — JinkoSolar Holding Co., Ltd. (“JinkoSolar” or the “Company”) (NYSE: JKS), a global leader in the photovoltaic (PV) industry, today announced that JinkoSolar Japan K.K. (“JinkoSolar Japan”), a subsidiary of the Company, has signed a JPY4.1 billion syndicated loan agreement up to two years with a bank consortium led by […]

Renewable energy no longer a niche to institutional investors

Institutional investors remain eager to put money to work on renewable energy projects even as U.S. President Donald Trump has vowed to revive their chief competitor: coal, financial executives said at a conference this week. “Five or six years ago, funds weren’t specifically targeting renewable investment; today it’s a key component of infrastructure investment,” said […]

Vattenfall enters UK home energy market with iSupplyEnergy acquisition

Swedish utility Vattenfall has bought British home energy supplier iSupplyEnergy for an undisclosed sum, entering the highly competitive domestic energy retail market in Britain for the first time. The move follows state-owned Vattenfall’s announcement last month that it has started selling renewable power to British businesses, setting itself up to compete in a market that […]

Strategic Investor Increases Shareholding in Ascent Solar to Beyond 12%

Ascent Solar Technologies, Inc. (OTCQB: ASTI), a developer and manufacturer of state-of-the-art, lightweight, and flexible thin-film photovoltaic (PV) solutions, announced that Hong Kong Boone Group Limited (“Boone Group”) has elected to convert another 1,400 shares ($1,400,000 of invested capital) of the Series K Convertible Preferred Stock (“Series K Preferred Stock”) into Common Stock of the […]

Signing of Japanese ODA Loan Agreement with Costa Rica: Supporting a geothermal power plant project to mitigate the effects of climate change

On June 20, the Japan International Cooperation Agency (JICA) signed a loan agreement with the Instituto Costarricense de Electricidad (ICE) in San José, the capital city of Costa Rica, to provide a Japanese ODA loan of up to 25.991 billion yen for the Borinquen I Geothermal Project (Guanacaste Geothermal Development Sector Loan). Through the project, […]

EDF Energies Nouvelles to Partner with Canadian Solar for an Additional 115 MWp of Solar Project in Brazil

Canadian Solar Inc., one of the world’s largest solar power companies, and EDF Energies Nouvelles, a global market leader in renewable energy, announced today the acquisition of 80% interest in Canadian Solar’s Pirapora II solar energy project in Brazil by EDF Energies Nouvelles’ local subsidiary, EDF EN do Brasil. The 115 MWp Pirapora II project […]