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Thu04242014

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ReneSola prices 15.5 million shares

ReneSola Ltd., a China-based manufacturer of solar products, said on Wednesday that its follow-on public offering of 15.5 million American depositary shares was priced at $4.75 apiece

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Ascent Solar offers 4 million shares to fund expansion

Thin-film solar company Ascent Solar Technologies will offer 4 million shares of its common stock, earnings from which will be used to expand production capacity

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SolarCity and U.S. Bank expands fund for solar projects

SolarCity and U.S. Bancorp Community Development Corporation on Tuesday said they have doubled their fund in order to finance $100 million in solar projects for homeowners and businesses

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North American solar companies lead profit-making in recession

North America was the only region whose solar power companies were profitable amid the recent economic recession while Asia’s solar industry experienced a sharp decline in revenues

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Green insurance facility for developing countries goes online

Leading global reinsurer Munich Re has partnered with R.S.A. Insurance Group and Carbon Re for a facility that aims to offer standard and customized insurance for renewable energy projects in developing countries

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C.M.E.A. Capital doubles investment in alternative energy sector

C.M.E.A. Capital plans to pour in an additional $ 100 million over the next three years in alternative energy companies as part of its commitment to the Clinton Global Initiative

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Pennsylvania electric utility secures $ 1 billion credit

A power-generation subsidiary of Pennsylvania-based Allegheny Energy, Inc. has obtained a $1 billion unsecured revolving credit facility expected to improve liquidity and strengthen financial flexibility

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ReneSola makes follow-on public offering

China-based ReneSola Ltd. plans to offer 14.4 million American depositary shares, each representing two ordinary shares of the company, in a follow-on public offering

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Euro Multivision seeks financing for manufacturing facility

India’s second largest manufacturer of CD-ROMs and DVD-ROMs seeks to raise capital for a photovoltaic solar cell manufacturing unit through an initial public offering involving 8.8 million equity shares at 10 rupees apiece

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Mantra sees financing for carbon technology in the offing

Green technology company Mantra Venture Group Ltd. has concluded a 10-day business trip to South Korea that could yield possible financing opportunities for its carbon recycling technology

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