Latest headlines

European Parliament calls for end to solar MIP, duties

More calls to end the MIP and solar PV duties have been made

Members of the European Parliament (MEPs) have called for an end to the minimum import price (MIP), and anti-dumping and anti-subsidy duties on solar PV products coming into the EU from China, claiming the measures are slowing...

Germany calls for 200 MW in last PV tender of 2015

200 MW of solar PV have been called for in the final tender of 2015

In the third, and final, solar PV auction of the year, the Federal Network Agency is looking to invite 200 MW worth of tenders for ground-mounted installations. The deadline for tender submissions is December 1. Again, the price...

LCOE for renewables decreases, fossil fuels see increase

Solar PV is continuing to get cheaper, finds BNEF

The generating cost comparison between renewable energies and fossil fuels is narrowing, with 2015 recording a "significant shift," says BNEF. Overall, levelised costs of electricity (LCOEs) for renewable energies are decreasing,...

Update: SunEdison to cut 15% of global workforce

SunEdison has seen its share value slide around 80% this year

Following rumors, SunEdison Inc. has confirmed it will be cutting a significant portion of its global workforce. Around 15% of its 7,300 workers will go. Charges of up to US$40 million will be incurred in Q3 2015 and Q1 2016.

CHORUS Clean Energy prices IPO to raise €103-119 million

The wind and solar plant operator has priced shares for its initial public offering at €9.75 per share, the low end of previous estimates.

SunEdison to streamline business operations, rumors of job cuts

SunEdison's acquisition of residential solar company, Vivint Solar has been seen as strange by some, given its utility-scale focus

Global renewable energy giant SunEdison has said it will streamline its business operations. A presentation has been scheduled for Wednesday, where the CEO is expected to discuss the new plans. Media reports have indicated the...

Neo Solar Power buys 30% stake in Phanes Group

The Taiwanese PV cell maker has expanded its downstream activities by buying a stake in Emirati/Swiss project developer Phanes Group.

Joint Sunpower/First Solar yieldco reports solid quarterly results

In its first quarterly results since becoming a public company, 8point3 reported strong results, in contrast to the poor stock performance for yieldcos across the board.

Yingli proposes restructuring of payment on US$157 million in bonds

Yingli is selling land to make payments on bonds due in early October, and is in negotiation with creditors. This restructuring is the latest indication of poor financial health at the company.

Spire considers sale of the company, assets

Despite a rebound in capital spending across the solar industry, the Massachusetts-based PV equipment maker has retained investment bank Mirus Capital Advisors to “assess strategic alternatives”.

AES to issue solar asset-backed security

AES Distributed Energy 453 kW PV plant in Rosamond, California

There have been only five public solar ABS deals to date totaling $560.5 million -- four of which were issued by SolarCity.

OPIC funds 100 MW CSP plant in South Africa, grid improvements in Pakistan

Northern Cape, South Africa

The U.S.-led international development projects support private sector development in energy and inclusive access to finance. The projects "show the transformative impact that the U.S. private sector can have in the developing...

NRG spins off its renewable energy business

NRG cites the need for its clean energy business to be “nimble, lower cost, and cash sensitive”, and will limit it to US$125 million in funding. NRG's GreenCo will be a separate business by the beginning of 2016.

Spain: Solar generates 6.8% of summer energy mix, 'sun tax' fears remain

Cadiz, Spain

Summer in Spain is not totally gone and the Mediterranean sun continues to shine strongly, yet the country's solar PV and solar thermal sectors are feeling anxious.

SunPower to build 20 MW PV plant for Arizona electric cooperative

Cochise, Arizona

The PV manufacturer plans to design and build a fully integrated, modular solar power plant, achieving about 95% of the cooperative's state-mandated 2025 renewable energy target.

Vice President Joe Biden wows crowd at SPI

Vice President Joe Biden at SPI in Anaheim, California, Sept. 16, 2015

Biden unveiled a new White House grant program aimed at scaling up clean energy in 24 states across the country, targeting greater access to solar energy in rural and low-income neighborhoods and supporting efforts to reduce...

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