Latest headlines

Abengoa US yieldco faces uncertainty as parent company opens insolvency proceedings

280 MW CSP plant from Abengoa.

Commencement of insolvency proceedings in Spain sparks real fears of contagion for Abengoa Yield, the U.S.-based subsidiary of the Spanish renewable energy company.

SunEdison fires TerraForm Power President & CEO Domenech, shifts board

The company's management changes follow a shift in strategy, with an attempt to be more “boring” after rapid growth spooked investors.

Despite rapid growth, yieldcos face money troubles

A new report by CohnReznick looks at the dramatic growth of yieldcos and the massive amount of cash they have raised, but also the difficulties that yieldcos are having due to depressed stock prices.

Mexico to hold its first post-reform electricity auction

The contest will be resolved at the end of March 2016. Under the auction, clean energy certificates will be issued in addition to power and capacity contracts.

LDK Solar's Chinese subsidiaries forced into restructuring by Xinyu City

Four state-run companies successfully petitioned Chinese courts to begin bankruptcy proceedings for the LDK Solar companies, only a day after the resignation of President and CEO Xingxue Tong.

The pv magazine weekly news digest

Delhi, India

India dominated much of the news this week, with an eye-opening report that solar power in the country will cost less than coal by the end of the decade. Prime Minister Narendra Modi also made solar a major topic at last week's...

IBC Solar expanding operations globally

IBC Solar PV power systems atop the Grupo de Energia building in Bogota.

The Bavaria-based PV systems group has repositioned itself. In addition to the German market, IBC Solar is strengthening its activities in sales and project business in Latin America and other countries.

Elite Solar: More than US$7 million in new solar contracts

Elite Solar PV installation, San Antonio Elementary School

With more than a dozen projects currently under development and several more about to begin, the California solar company is expecting revenues this year to soar 140%.

Tesla still in talks for German battery fab

BMWi production in Leipzig

Electric car production is likely to accelerate in the wake of the VW emissions scandal, according to Audi's top U.S. exec. While Daimler appears content to use Asian-made batteries, there are increasing calls for German...

US Energy Department: US$22.7 million for 23 solar tech projects

Combined solar and storage

The new government program is aimed at supporting projects with the potential to significantly reduce the costs for solar energy systems while also boosting U.S. competitiveness and strengthening the country's clean energy...

389 MW of solar comes online in Honduras in 2015 to date

This rapid pace makes Honduras the second-largest solar market in Latin America in 2015. Plants commissioned since the first of the year include one larger than 100 MW and another 61 MW.

Massachussets fails to lift net metering caps

The two houses of the Massachusetts legislature failed to reconcile bills that would have lifted the net metering caps, which have already been reached in some utility service areas.

White House holds National Community Solar Summit

68 state and local governments and organizations have now made pledges to increase access to community solar under a national partnership, including industry leader Clean Energy Collective.

Silver Lake invests $100 million in SolarCity

SolarCity Chair Elon Musk and CEO Lyndon Rive have joined the investment, which comes as SolarCity's stock remains depressed.

Spanish wind firm Gamesa eyes 100 MW of Indian solar opportunities

Wind turbine in the sun.

The wind giant reveals bold investment plans in India's solar market, building on orders already placed to target the development of 100 MW of PV capacity; muses entrance into inverter sector.

India's rooftop PV capacity to hits 525 MW, says Bridge to India

India's rooftop PV sector has grown by 66% over the past 12 months.

Consultancy firm says landmark was reached in October, adding as much solar capacity in the past 12 months as the three years that preceded it; next 12 months will see slight slowdown, with 455 MW installed.

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