Gevo, Inc. has announced that it intends to offer and sell, subject to market and other conditions, common stock units. Each common stock unit will consist of one share of common stock and a warrant to purchase a certain number of shares of common stock. The units are to be sold by Gevo subject to market and other conditions in an underwritten public offering. Gevo currently intends to use the net proceeds from the offering to fund capital to complete the side-by-side configuration of its Luverne, MN facility, to fund working capital and for other general corporate purposes.
The Solar Foundation has recognized community-owned solar developer Clean Energy Collective as a 2014 Solar Foundation Award recipient for exceptional work and dedication to advancing solar energy. Clean Energy Collective received the Industry Advancement Award for its innovative approach to community-owned solar.
San Carlos Solar Energy, Inc. was recently presented with the 2014 Philippines Solar Photovoltaic (PV) System Integrator of the Year award at the 2014 Frost & Sullivan Philippines Excellence Awards held on July 17, 2014 at the Makati Shangri-la Hotel, Manila. This award is presented to the company that has demonstrated excellence in the three key areas of demand generation, brand development and competitive positioning.
JinkoSolar Holding Co., Ltd. has announced that China Development Bank International, the Macquarie Greater China Infrastructure Fund, a fund managed by Macquarie Infrastructure and Real Assets, and New Horizon Capital have agreed to invest a total of US $225 million in the company’s downstream solar power project business.