PwC tasked with keeping Indian solar on track
Accountant hired by Indian government to ensure 100 GW-by-2022 target is hit. Professional services group will also assess likelihood of attaining grid parity.
Etrion: 138 MW in development in Chile, Japan
The Swiss company, which recently completed its majority owned 70 MW Salvador solar park in Chile, posted a 60% increase in net losses last year as revenue fell 8%.
Greece added just 13 MW in 2014
Despite technically reaching grid parity, Greece installed a mere 13 MW of new solar PV in 2014, according to official statistics released last week.
Graphene solar could be a game-changer
Canadian company says UCLA graphene supercapacitor will enable generation, transfer and storage of solar energy in one device. Technology would also boast superfast charging in product free of toxic metals.
Russian developers call for state aid
Projects are under threat because of plunging value of rouble against the dollar, say developers. Call for state to renegotiate terms of tenders.
Innotech subsidiary files for bankruptcy
Swedish subsidiary is insolvent. Innotech, which made two acquisitions in the last six months, refused to say what effect the insolvency would have on its business.
Environmentalists voice fears over Indian budget
Green groups say raising of renewable energy target is absurd as ministerial budget is slashed. Analysts say 10 GW market will be impossible without grid investment.
Virginia lawmakers embrace solar
Moves to stymie Clean Air Act defeated as Virginia legislators pass pro-solar measures. Non-residential net metering will double to 1 MW.
First Solar, SunPower to float joint yieldco
The companies’ new yieldco joint venture, 8point3 Energy Partners, will own and operate a portfolio of selected solar generation assets. The new subsidiary has filed with the SEC for an initial public offering.
SPI Solar's $1.6bn credit line
China-focused developer secures three new lines of credit. Cries of unfair state subsidy support are likely to ring loud again.
