Singulus bondholders approve restructuring
Singulus bondholders have approved the company’s debt-equity swap, which will provide the liquidity required to stay in business in 2016. The German equipment supplier announced today that the required bondholder quorum of 33% was reached, with attending bondholders approving the proposed deal with a 90% majority.
India: new policy to support solar manufacturing mooted
Indian minister indicates that the government is developing policy to foster solar manufacturing in the country. Minister for Power, Coal, New and Renewable Energy, Piyush Goyal said that he sees the potential for India to establish 10 GW of solar manufacturing by 2020.
ABB invests in Finnish inverter research center
The Swiss power company has invested close to four million euros into the research facility in Finland, which will primarily carry out a series of weather simulations and network disruptions designed to test inverter performance.
JA Solar orders equipment for Brazilian solar module factory
Chinese equipment maker Suzhou Horad says that it will supply a 300 MW turnkey module line for the factory.
SolarCitys Kauai solar plus storage project to use Tesla batteries
The battery system will meet evening peak demand on the island, which has already hit very high levels of solar penetration.
Pakistan parliament goes 100% solar-powered
Country’s seat of government in Islamabad is now completely solar powered following completion of an 80 MW solar plant funded in a venture between the Chinese government.
FPL begins work on 223.5 MW of solar in Florida
Florida Power & Light Company has broken ground on an ambitious solar PV project that will comprise three large-scale solar farms each boasting 74.5 MW of PV capacity.
DNV GL: long term reliability testing required for new materials
Renewable energy advisory DNG GL has called for more sophisticated reliability testing for new and novel materials being deployed in the renewable energy sector. Alternative semiconductor technology, such as perovskites, and innovative battery chemistries will be required if the Paris climate goals are to be met, the international advisory group argues.
Europe must profoundly change how it lives to meet climate goals, says European Commission
Leaked memo reveals European Commission advice on current and future generations of Europeans to enact profound lifestyle changes in order to ensure global warming is limited to 1.5c.
Lightsource begins work on Europe's largest floating PV array in London
Installation of the 6.3 MW floating solar array on the Queen Elizabeth II reservoir in London begins; installation is first of its kind for U.K. solar developer Lightsource Renewable Energy.
