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Finance

Enphase threatened with de-listing due to low stock price

The warning from NASDAQ follows financial difficulties at the microinverter pioneer.

Austria provides a further €30 million for PV and storage incentives

The Austrian Parliament has approved a new renewable energy law. For the first time, storage combined with PV will receive support. The local association Photovoltaic Austria expects a 25% growth for PV in 2018.

Parcel delivery giant UPS announces 25% clean energy target by 2025

Global firm commits to cut emissions from ground fleet by 12% by same date, and targets one in four of all vehicle purchases to be electric or hybrid by 2020.

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ADB supports introduction of Cambodia’s 100 MW National Solar Park Program

The Asian Development Bank to give technical, logistical and financial backing to the project, which is being set up by Electricite Du Cambodge. Program will be split across two phases.

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Australia’s CEFC backs lithium mining project to tune of $15m

The Clean Energy Finance Corporation pledges AUS$20 million to part-fund the Pilgangoora lithium-tantalum project in Western Australia.

ADB rolls out $200m renewables package for 11 Pacific islands

Pacific Renewable Energy Investment Facility created by the Asian Development Bank to finance series of clean energy projects in 11 smallest island nations of the Pacific.

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German, Austrian firms collaborate on 98 MW Chile solar farm

The Huatacondo solar park in northern Chile, commissioned by AustrianSolar Chile SpA, has been acquired by Sojitz Corporation in a deal overseen by Germany’s Oppenhoff & Partner on contractual matters.

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Renewables could create 300,000 jobs in India over next five years: report

India’s Council on Energy, Environment and Water states, in a joint report with the Natural Resources Defense Council, that the growth in renewables in India could create 300,000 new jobs over the next five years.

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Kenya’s newly signed 160 MW of solar PPAs: expensive?

Kenya signed this month PPAs for 160 MW of new solar PV plants at a price of US$0.12 per kWh. The price has sparked controversy.

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Andbank España launches new solar fund

Through the new fund, the Spanish financial services provider hopes to initially raise up to €20 million.

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