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News
Deutsche Bank Positive On First Solar Pipeline Post ITC Stepdown
Deutsche Bank has expressed cautious optimism for First Solar's ability to develop projects in the United States after the scheduled Investment Tax Credit (ITC) step down. In an investor note published yesterday, Deutsche said that Power Purchase Agreements being signed by First Solar at present in the mid US$40/MWh to upper $50/MWh would still be feasible for the company even with an ITC at 10%. Full investment news article
Cronimet Moves Toward 15 MW Mining Projects In South Africa
African independent power producer Cronimet in on track to pick up 15 MW of PV projects to supply mining and industrial operations in South Africa. The projects are being awarded under the South African government's small REIPPP program and are scheduled to be completed in early 2017. Full investment news article