Finance

Turkey’s energy minister announced a new solar tender to be launched by the end of the year. Initial information gives some clues as to what this tender might include.

The Indian Renewable Energy Development Agency (IREDA) is planning to trial a ‘Credit Enhancement Guarantee Scheme.’ The scheme will be aimed at encouraging bond issuance by developers for solar and wind projects that have been running for one year or more.

A tough week of tariff cuts and bankruptcies for the solar industry, although a few success stories from California, India and the Middle East serve to lighten the mood. The strange story of a potential lifeline for SunEdison, as well Solar’s mention in the first U.S. Presidential debate, also make for interesting developments.

Swiss solar technology provider Meyer Burger today announced a company wide restructuring program. The program aims to reduce the company’s overall operating costs by CHF 50 million.

A recent document from China’s National Development and Reform Commission (NDRC) confirmed the rumor that China will continue to cut its FIT for renewable energy starting from 2017. It also indicated it may be a dramatic cut.

Heavyweight Chinese inverter manufacturer Huawei Solar announced an expansion of its European Supply Center, with a new inverter production facility in Eindhoven, Netherlands, which the company hopes will help it service its European customers with better efficiency and flexibility.

SunEdison yieldco has consented to the third party sale of the bankrupt clean energy developer’s 425 MW Indian solar portfolio and further assets in Uruguay. Firm will receive a portion of the proceeds.

Court documents reveal potential “enthusiastic interest” from the Charlotte, N.C. banking giant to provide money to the cratering solar installer.

Study by Germany’s Öko-Institut on behalf of European Environment Agency finds that just 25 GW of Europe-wide solar PV could support the goal of reaching 10% electric vehicle penetration by 2050.

Data by the European Renewable Energies Federation forecasts the British energy ‘prosumer’ to grow from one million in 2015 to 24 million as more and more citizens begin to make valuable energy contributions.